Common use of Protection of Collateral Pool Clause in Contracts

Protection of Collateral Pool. The Issuers, and, to the extent directed by the Issuers or the Requisite Global Majority, the Indenture Trustee, will from time to time execute and deliver all such amendments and supplements hereto (subject to Sections 8.01 and 8.02) and all such financing statements, continuation statements, instruments of further assurance and other instruments (provided, however, that the Indenture Trustee will not be obligated to prepare or file any such supplements, statements or other instruments), and will take such other action necessary or advisable to: (a) Grant more effectively all or any portion of the Collateral Pool; (b) maintain or preserve the lien (and the priority thereof) of the Mortgages and this Indenture or carry out more effectively the purposes hereof; (c) perfect, publish notice of, or protect the validity of any Grant made or to be made by or in the Mortgages or this Indenture; (d) subject to the Property Management Agreement, enforce any of the Leases included in the Collateral Pool; or (e) preserve and defend title to the Collateral included in the Collateral Pool and the rights of the Indenture Trustee in such Collateral against the claims of all Persons and parties. Each of the Issuers hereby designates the Indenture Trustee, its agent and attorney-in-fact, to execute and deliver any financing statement, continuation statement or other instrument required pursuant to this Section 9.05; provided, that, subject to and consistent with Section 5.01, the Indenture Trustee will not be obligated to prepare or file any such statements or instruments.

Appears in 4 contracts

Samples: Master Indenture (FrontView REIT, Inc.), Master Indenture (American Finance Trust, Inc), Master Indenture (American Finance Trust, Inc)

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Protection of Collateral Pool. The Issuers, and, to the extent directed by the Issuers or the Requisite Global Majority, the Indenture Trustee, will from time to time execute and deliver all such amendments and supplements hereto (subject to Sections 8.01 and 8.02) and all such financing statements, continuation statements, instruments of further assurance and other instruments (provided, however, that the Indenture Trustee will not be obligated to prepare or file any such supplements, statements or other instruments), and will take such other action necessary or advisable to: (a) Grant more effectively all or any portion of the Collateral Pool; (b) maintain or preserve the lien (and the priority thereof) of the Mortgages and this Indenture or carry out more effectively the purposes hereof; (c) perfect, publish notice of, or protect the validity of any Grant made or to be made by or in the Mortgages or this Indenture; (d) subject to the Property Management Agreement, enforce any of the Mortgage Loans or Leases included in the Collateral Pool; or (e) preserve and defend title to the Collateral included in the Collateral Pool and the rights of the Indenture Trustee in such Collateral against the claims of all Persons and parties. Each of the Issuers hereby designates the Indenture Trustee, its agent and attorney-in-fact, to execute and deliver any financing statement, continuation statement or other instrument required pursuant to this Section 9.05; provided, that, subject to and consistent with Section 5.01, the Indenture Trustee will not be obligated to prepare or file any such statements or instruments.

Appears in 4 contracts

Samples: Master Indenture, Master Indenture (Spirit MTA REIT), Master Indenture (Spirit Finance Corp)

Protection of Collateral Pool. The Issuers, and, to the extent directed by the Issuers or the Requisite Global Majority, the Indenture Trustee, will from time to time execute and deliver all such amendments and supplements hereto (subject to Sections 8.01 and 8.02) and all such financing statements, continuation statements, instruments of further assurance and other instruments (provided, however, that the Indenture Trustee will not be obligated to prepare or file any such supplements, statements or other instruments), and will take such other action necessary or advisable to: (a) Grant more effectively all or any portion of the Collateral Pool; (b) maintain or preserve the lien (and the priority thereof) of the Mortgages and this Indenture or carry out more effectively the purposes hereof; (c) perfect, publish notice of, or protect the validity of any Grant made or to be made by or in the Mortgages or this Indenture; (d) subject to the Property Management Agreement, enforce any of the Mortgage Loans or Leases included in the Collateral Pool; or (e) preserve and defend title to the Collateral included in the Collateral Pool and the rights of the Indenture Trustee in such Collateral against the claims of all Persons and parties. Each of the Issuers hereby designates the Indenture Trustee, its agent and attorney-in-fact, to execute and deliver any financing statement, continuation statement or other instrument required pursuant to this Section 9.05; provided, that, subject to and consistent with Section 5.01, the Indenture Trustee will not be obligated to prepare or file any such statements or instruments.

Appears in 3 contracts

Samples: Master Indenture (STORE CAPITAL Corp), Master Indenture (STORE CAPITAL Corp), Master Indenture (STORE CAPITAL Corp)

Protection of Collateral Pool. The Issuers, and, to the extent directed by the Issuers or the Requisite Global Majority, the Indenture Trustee, will from time to time execute and deliver all such amendments and supplements hereto (subject to Sections 8.01 and 8.02) and all such financing statements, continuation statements, instruments of further assurance and other instruments (provided, however, that the Indenture Trustee will not be obligated to prepare or file any such supplements, statements or other instruments), and will take such other action necessary or advisable to: (a) Grant more effectively all or any portion of the Collateral Pool; (b) maintain or preserve the lien (and the priority thereof) of the Mortgages and this Indenture or carry out more effectively the purposes hereof; (c) perfect, publish notice of, or protect the validity of any Grant made or to be made by or in the Mortgages or this Indenture; (d) subject to the Property Management Agreement, enforce any of the Loans or Leases included in the Collateral Pool; or (e) preserve and defend title to the Collateral included in the Collateral Pool and the rights of the Indenture Trustee in such Collateral against the claims of all Persons and parties. Each of the Issuers hereby designates the Indenture Trustee, its agent and attorney-in-fact, to execute and deliver any financing statement, continuation statement or other instrument required pursuant to this Section 9.05; provided, that, subject to and consistent with Section 5.01, the Indenture Trustee will not be obligated to prepare or file any such statements or instruments.

Appears in 1 contract

Samples: Master Indenture (Essential Properties Realty Trust, Inc.)

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Protection of Collateral Pool. The IssuersIssuer, and, to the extent directed by the Issuers Issuer or the Requisite Global Majority, the Indenture Trustee, will will, at the Issuer’s expense, and without expense to the Indenture Trustee, from time to time execute and deliver all such amendments and supplements hereto (subject to Sections Section 8.01 and Section 8.02) and all such financing statements, continuation statements, instruments of further assurance and other instruments (provided, however, that the Indenture Trustee will not be obligated to prepare or file any such supplements, statements or other instruments), and will take such other action necessary or advisable to: (a) Grant more effectively all or any portion of the Collateral Pool; (b) maintain or preserve the lien (and the priority thereof) of the Mortgages and this Indenture or carry out more effectively the purposes hereof; (c) perfect, publish notice of, or protect the validity of any Grant made or to be made by or in the Mortgages or this Indenture; (d) subject to the Property Management Agreement, enforce any of the Leases Mortgage Loans included in the Collateral Pool; or; (e) preserve and defend title to the Collateral included in the Collateral Pool and the rights of the Indenture Trustee in such Collateral against the claims of all Persons and parties. Each ; or (f) for carrying out the intention or facilitating the performance of the Issuers hereby designates the Indenture Trustee, its agent and attorney-in-fact, to terms of this Indenture. The Issuer will promptly execute and deliver and hereby authorizes the Indenture Trustee to execute in the name of the Issuer or without the signature of the Issuer to the extent the Indenture Trustee may lawfully do so, one or more financing statements or other instruments, to evidence more effectively the security interest of the Indenture Trustee in the Collateral. The Issuer grants to the Indenture Trustee an irrevocable power of attorney coupled with an interest for the purpose of exercising and perfecting any and all rights and remedies available to the Indenture Trustee at law and in equity, including, without limitation, such rights and remedies available to the Indenture Trustee pursuant to this Section 9.05, including for the purpose of executing and delivering any financing statement, continuation statement or other instrument required pursuant to this Section 9.05; provided, that, subject to and consistent with Section 5.01, the Indenture Trustee will not be obligated to prepare or file any such statements or instruments.

Appears in 1 contract

Samples: Indenture (Manhattan Bridge Capital, Inc)

Protection of Collateral Pool. The IssuersIssuer, and, to the extent directed by the Issuers Issuer or the Requisite Global Majority, the Indenture Trustee, will from time to time execute and deliver all such amendments and supplements hereto (subject to Sections 8.01 and 8.02) and all such financing statements, continuation statements, instruments of further assurance and other instruments (provided, however, that the Indenture Trustee will not be obligated to prepare or file any such supplements, statements or other instruments), and will take such other action necessary or advisable to: (a) Grant more effectively all or any portion of the Collateral Pool; (b) maintain or preserve the lien (and the priority thereof) of the Mortgages and this Indenture or carry out more effectively the purposes hereof; (c) perfect, publish notice of, or protect the validity of any Grant made or to be made by or in the Mortgages or this Indenture; (d) subject to the Property Management Agreement, enforce any of the Mortgage Loans or Leases included in the Collateral Pool; or (e) preserve and defend title to the Collateral included in the Collateral Pool and the rights of the Indenture Trustee in such Collateral against the claims of all Persons and parties. Each of the Issuers The Issuer hereby designates the Indenture Trustee, its agent and attorney-in-fact, to execute and deliver any financing statement, continuation statement or other instrument required pursuant to this Section 9.05; provided, that, subject to and consistent with Section 5.01, the Indenture Trustee will not be obligated to prepare or file any such statements or instruments.

Appears in 1 contract

Samples: Master Indenture (Spirit Finance Corp)

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