Common use of Recordation and Other Instruments Clause in Contracts

Recordation and Other Instruments. In order to publish notice of and to fully perfect the security interest of the Trustee in the Trust Estate, the Company will cause such security agreements or financing statements, naming the Trustee as assignee and pledgee of the Trust Estate assigned and pledged under the Indenture, for the payment of the principal of, premium, if any, and interest on the Bonds, to be duly filed and recorded in the appropriate state and county offices as required by the provisions of the Uniform Commercial Code or other similar law as adopted in the State of Illinois, as from time to time amended. To continue the perfection of the security interest evidenced by such security agreements or financing statements, the Company shall file and record such necessary continuation statements or supplements thereto and other instruments from time to time as may be required pursuant to the provisions of said Uniform Commercial Code or other similar law to fully preserve and protect the security interest of the Trustee in the Trust Estate. The Company, at its own expense, shall file and refile such instruments which shall be necessary to preserve and perfect the lien of the Indenture upon the Trust Estate until the principal of, premium, if any, and interest on the Bonds issued under the Indenture shall have been paid or provision for their payment shall be made as provided in the Indenture. Except to the extent it is exempt therefrom, the Company will pay or cause to be paid all filing, registration and recording fees incident to each such filing, registration and recording, and all expenses incident to the preparation, execution and acknowledgment of such instruments of further assurance, and all Federal or State fees and other similar fees, duties, imposts, assessments and charges arising out of or in connection with the execution and delivery of this Agreement, the Indenture and such instruments of further assurance. The Issuer shall have no responsibility for the preparation, filing or recording of any instrument, document or financing statement or for the maintenance of any security interest intended to be perfected thereby. The Issuer will execute such instruments as may be necessary in connection with such filing or recording.

Appears in 3 contracts

Samples: Loan Agreement (Peoples Gas Light & Coke Co), Loan Agreement (Peoples Gas Light & Coke Co), Loan Agreement (Peoples Gas Light & Coke Co)

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Recordation and Other Instruments. In order to publish notice of and to fully perfect the security interest of the Trustee in the Trust EstateEstate and to perfect the security interest in the Note, the Company Authority, to the extent permitted by law, will cause execute such security agreements or financing statements, naming the Trustee as assignee and pledgee of the Trust Estate assigned and pledged under the Indenture, this Indenture for the payment of the principal of, premium, if any, and interest on the BondsBonds and as otherwise provided herein, and the Borrower will cause the same to be duly filed and recorded recorded, as the case may be, in the appropriate state State and county offices as required by the provisions of the Uniform Commercial Code or other similar law as adopted in the State of IllinoisState, as from time to time amended. To continue the perfection of the security interest evidenced by such security agreements or financing statements, the Company Borrower shall file and record or cause to be filed and recorded such necessary continuation statements or supplements thereto and other instruments from time to time as may be required pursuant to the provisions of the said Uniform Commercial Code or other similar law to fully preserve and protect the security interest of the Trustee in the Trust EstateEstate and to perfect the security interest in the Note. The CompanyAuthority, to the extent permitted by law, at the expense of the Borrower, shall execute and cause to be executed any and all further instruments as shall be reasonably required by the Trustee or the Bank for such protection and perfection of the interests of the Trustee, the registered owners or the Bank, and the Borrower or its own expenseagent, as the case may be, shall file and refile or cause to be filed and refiled such instruments which shall be necessary to preserve and perfect the lien of the this Indenture upon the Trust Estate until the principal of, premium, if any, and interest on the Bonds issued under the Indenture hereunder shall have been paid or provision for their payment shall be made as provided in the Indenture. Except to the extent it is exempt therefrom, the Company will pay or cause to be paid all filing, registration and recording fees incident to each such filing, registration and recording, and all expenses incident to the preparation, execution and acknowledgment of such instruments of further assurance, and all Federal or State fees and other similar fees, duties, imposts, assessments and charges arising out of or in connection with the execution and delivery of this Agreement, the Indenture and such instruments of further assurance. The Issuer shall have no responsibility for the preparation, filing or recording of any instrument, document or financing statement or for the maintenance of any security interest intended to be perfected thereby. The Issuer will execute such instruments as may be necessary in connection with such filing or recordingherein provided.

Appears in 1 contract

Samples: Loan Agreement (Navistar International Corp)

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Recordation and Other Instruments. In order to publish notice of and to fully perfect the security interest of the Trustee in the Trust Estate, the Company will cause such security agreements or financing statements, naming the Trustee as assignee and pledgee of the Trust Estate assigned and pledged under the Indenture, for the payment of the principal of, premium, if any, and interest on the Bonds, to be duly filed and recorded in the appropriate state and county offices as required by the provisions of the Uniform Commercial Code or other similar law as adopted in the State of Illinois, as from time to time amended. To continue the perfection of the security interest evidenced by such security agreements or financing statements, the Company shall file and record such necessary continuation statements or supplements thereto and other instruments from time to time as may be required pursuant to the provisions of said Uniform Commercial Code or other similar law to fully preserve and protect the security interest of the Trustee in the Trust Estate. The Company, at its own expense, shall file and refile such instruments which shall be necessary to preserve and perfect the lien of the Indenture upon the Trust Estate until the principal of, premium, if any, and interest on the Bonds issued under the Indenture shall have been paid or provision for their payment shall be made as provided in the Indenture. Except to the extent it is exempt therefrom, the Company will pay or cause to be paid all filing, registration and recording fees incident to each such filing, registration and recording, and all expenses incident to the preparation, execution and acknowledgment of such instruments of further assurance, and all Federal or State fees and other similar fees, duties, imposts, assessments and charges arising out of or in connection with the execution and delivery of this Agreement, the Indenture and such instruments of further assurance. The Issuer and the Trustee shall have no responsibility for the preparation, filing or recording of any instrument, document or financing statement or for the maintenance of any security interest intended to be perfected thereby. The Issuer and the Trustee will execute such instruments as may be necessary in connection with such filing or recording.

Appears in 1 contract

Samples: Loan Agreement (Peoples Energy Corp)

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