Common use of Recording and Filing of Documents Clause in Contracts

Recording and Filing of Documents. The Loan Documents have been executed and delivered and, as appropriate, filed and recorded in the manner described in the Senior Credit Agreement. The Administrative Agent covenants and agrees that the Liens and other security interests created and perfected by the Loan Documents and the filing and recording thereof (if required) cover only the collateral described in the Loan Documents and not the Equipment leased under and described on the Equipment Schedules and the Gaming Equipment described on the Collateral Schedules. The Administrative Agent, on behalf of the Senior Lenders, does not have and shall not claim a Lien or other security interest in or with respect to the Equipment leased under and described on the Equipment Schedules or the Gaming Equipment described on the Collateral Schedules.