Common use of Real Estate Assets Clause in Contracts

Real Estate Assets. In order to create in favor of Collateral Agent, for the benefit of Term Secured Parties, a valid and, subject to any filing and/or recording referred to herein, perfected First Priority security interest in certain Real Estate Assets, Borrower and each applicable Guarantor shall have used their commercially reasonable efforts to obtain and deliver to Collateral Agent, in the case of each Leasehold Property listed on Schedule 3.1(i), (I) a Landlord Consent and Estoppel and (II) evidence that such Leasehold Property is a Recorded Leasehold Interest, and Collateral Agent shall have received from Borrower and each applicable Guarantor:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Stanadyne Corp)

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Real Estate Assets. In order to create in favor of Joint Collateral Agent, for the benefit of Term Secured Parties, a valid and, subject to any filing and/or recording referred to herein, perfected First Priority security interest in certain Real Estate Assets, Borrower Company and each applicable the Guarantor Subsidiary shall have used their commercially reasonable best efforts to obtain and deliver to the Administrative Agent and Joint Collateral Agent, in the case of each Leasehold Property listed on Schedule 3.1(i)Property, (I) a Landlord Consent and Estoppel and (II) evidence that such Leasehold Property is a Recorded Leasehold Interest, and Joint Collateral Agent shall have received from Borrower Company and each applicable Guarantor:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Mariner Health Care Inc)

Real Estate Assets. In order to create in favor of Collateral Agent, for the benefit of Term Secured Parties, a valid and, subject to any filing and/or recording referred to herein, perfected First Priority security interest in certain Real Estate Assets, Borrower Company and each applicable Guarantor shall have used their commercially reasonable efforts to obtain and deliver CREDIT AND GUARANTY AGREEMENT EXECUTION to Collateral Agent, in the case of each Leasehold Property listed on Schedule 3.1(i), (I) a Landlord Consent and Estoppel and (II) evidence that such Leasehold Property is a Recorded Leasehold Interest, and Collateral Agent shall have received from Borrower the Company and each applicable Guarantor:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Bell Powersports, Inc.)

Real Estate Assets. In order to create in favor of Collateral Agent, for the benefit of Term Secured Parties, a valid and, subject to any filing and/or recording referred to herein, perfected First Priority security interest in certain Real Estate Assets, Borrower Company and each applicable Guarantor shall have used their commercially reasonable efforts to obtain and deliver to Collateral Agent, in the case of each Leasehold Property listed on Schedule 3.1(i), (I) a Landlord Consent and Estoppel and (II) evidence that such Leasehold Property is a Recorded Leasehold Interest, and Collateral Agent shall have received from Borrower the Company and each applicable Guarantor:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Achievement Corp)

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Real Estate Assets. In order to create in favor of Collateral Agent, for the benefit of Term Revolving Secured Parties, a valid and, subject to any filing and/or recording referred to herein, perfected First Second Priority security interest in certain Real Estate Assets, Borrower and each applicable Guarantor shall have used their commercially reasonable efforts to obtain and deliver to Collateral Agent, in the case of each Leasehold Property listed on Schedule 3.1(i), (I) a Landlord Consent and Estoppel and (II) evidence that such Leasehold Property is a Recorded Leasehold Interest, and Collateral Agent shall have received from Borrower and each applicable Guarantor:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Stanadyne Corp)

Real Estate Assets. In order to create in favor of Collateral Agent, for the benefit of Term Secured Parties, a valid and, subject to any filing and/or recording referred to herein, perfected First Priority security interest in certain Real Estate Assets, Borrower Company and each applicable the Guarantor Subsidiary shall have used their commercially reasonable best efforts to obtain and deliver to Administrative Agent and Collateral Agent, in the case of each Leasehold Property listed on Schedule 3.1(i)Property, (I) a Landlord Consent and Estoppel and (II) evidence that such Leasehold Property is a Recorded Leasehold Interest, and Collateral Agent shall have received from Borrower Company and each applicable Guarantor:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Mariner Health Care Inc)

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