Common use of Protection of Interest in Collateral Clause in Contracts

Protection of Interest in Collateral. With respect to the Collateral acquired by the Borrower, the Borrower will (i) acquire such Collateral pursuant to and in accordance with the terms of the Sale Agreement and (ii) at the Borrower’s expense, take all action necessary to perfect, protect and more fully evidence the Borrower’s ownership of such Collateral free and clear of any Lien, including (a) with respect to the Loans and that portion of the Collateral in which a security interest may be perfected by filing and maintaining (at the Borrower’s expense), effective financing statements against the Obligor in all necessary or appropriate filing offices, (including any amendments thereto or assignments thereof) and filing continuation statements, amendments or assignments with respect thereto in such filing offices, (including any amendments thereto or assignments thereof) and (b) executing or causing to be executed such other instruments or notices as may be necessary or appropriate.

Protection of Interest in Collateral. With respect to the Collateral acquired by the Borrower, the Borrower will (i) if acquired from an Affiliate, acquire such Collateral pursuant to and in accordance with the terms of the Equityholder Sale Agreement and (ii) at the Borrower’s its expense, take all action necessary to perfect, protect and more fully evidence the Borrower’s its ownership of such Collateral free and clear of any LienLien other than Permitted Liens, including (a) with respect to the Loans and that portion of the Collateral in which a security interest may be perfected by filing and maintaining (at the Borrower’s its expense), effective financing statements against the Obligor in all necessary or appropriate filing offices, (including any amendments thereto or assignments thereof) and filing continuation statements, amendments or assignments with respect thereto in such filing offices, (including any amendments thereto or assignments thereof) and (b) executing or causing to be executed such other instruments or notices as may be necessary or appropriate.

Protection of Interest in Collateral. With respect to the Collateral acquired by the Borrower, the Borrower will (i) acquire such Collateral pursuant to and in accordance with the terms of the Sale Agreement and (ii) at the Borrower’s 's expense, take all action necessary to perfect, protect and more fully evidence the Borrower’s 's ownership of such Collateral and the Administrative Agent's security interest in the Collateral, in each case free and clear of any LienLien (other than Permitted Liens) including, including without limitation, (a) with respect to the Loans and that portion of the Collateral in which a security interest may be perfected by filing and filing, maintaining (at the Borrower’s 's expense), ) effective financing statements against the Obligor Transferor in all necessary or appropriate filing offices, offices (including any amendments thereto or assignments thereof) and filing continuation statements, amendments or assignments with respect thereto to the Collateral in such appropriate filing offices, offices (including any amendments thereto or assignments thereof) and (b) executing or causing to be executed such other instruments or notices as may be necessary or appropriatethat are reasonably requested by the Administrative Agent.