Common use of Recording, Etc Clause in Contracts

Recording, Etc. (a) The Co-Issuers and the Mortgaged Vessel Guarantors shall take or cause to be taken all action necessary or required to perfect, maintain, preserve and protect the Security Interests in the Collateral granted by the Security Documents, including, but not limited to, causing all financing statements (it being understood that (x) as of the Issue Date, no financing statements are necessary or required to be filed in any state of the United States or the District of Columbia to perfect the Security Interests in the Collateral (as in existence on the Issue Date) granted by the Security Documents and (y) certain financing statements in respect of the Security Interests in the Collateral granted by the Security Documents are being filed on or about the Issue Date in the District of Columbia solely as precautionary filings), Ship Mortgages, Security Agreements and other instruments of further assurance, including, without limitation, continuation statements covering security interests in personal property to be promptly recorded, registered and filed, and at all times to be kept recorded, registered and filed, and shall execute and file such financing statements and cause to be issued and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve and protect the rights of the Holders, the Trustee and the Collateral Trustee under this Indenture and the Security Documents to all property comprising the Collateral. The Co-Issuers and the Mortgaged Vessel Guarantors shall from time to time promptly pay and discharge all mortgage and financing and continuation statement recording and/or filing fees, charges and taxes relating to this Indenture and the Security Documents, any amendments thereto and any other instruments of further assurance.

Recording, Etc. (a) The Co-Issuers Company and the Mortgaged Vessel Guarantors its Domestic Subsidiaries shall take or cause to be taken all action necessary required or required desirable to perfect, maintain, preserve be taken by the Company or such Domestic Subsidiary to maintain and protect perfect the Security Interests in Note Lien on the Collateral granted by the Security Documents, to the extent required thereby, including, but not limited to, causing all financing statements (it being understood that (x) as statements, any mortgage or deed of the Issue Datetrust, no financing statements are necessary or required to be filed in any state of the United States or the District of Columbia to perfect the Security Interests in the Collateral (as in existence on the Issue Date) granted by the Security Documents and (y) certain financing statements in respect of the Security Interests in the Collateral granted by the Security Documents are being filed on or about the Issue Date in the District of Columbia solely as precautionary filingsa short form version thereof), Ship Mortgages, Security Agreements and other instruments of further assurance, including, without limitation, continuation statements covering security interests in personal property to be executed and promptly recorded, registered registered, filed and fileddelivered to the Trustee, and at all times to be kept recorded, registered recorded and filed, and shall will execute and file cause to be filed such financing statements and cause to be issued and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve and protect maintain the rights perfection of the Holders, the Trustee ’ and the Collateral Trustee Trustee’s rights under this Indenture and the Security Documents to all property comprising the Collateral. Notwithstanding the foregoing, to the extent the Bank Lenders do not require the Company or the Domestic Subsidiaries to maintain or perfect a Lien in certain Collateral, the Holders shall not require the Company or the Domestic Subsidiaries to maintain or perfect a Note Lien on such Collateral. The Co-Issuers and the Mortgaged Vessel Guarantors Company shall from time to time promptly pay and discharge all mortgage and financing and continuation statement recording and/or filing fees, charges and taxes relating to this Indenture and the Security Documents, any amendments thereto and any other instruments of further assurance. Notwithstanding the foregoing, the Trustee shall not have any duty or obligation to ascertain whether any such taxes are required to be paid at any time. This paragraph (a) is subject to the provisions of the Security Agreement.

Recording, Etc. (a) The Co-Issuers Company and the Mortgaged Vessel Guarantors shall take or cause to be taken all action necessary required or required desirable to perfect, maintain, preserve be taken by the Company or such Guarantor to maintain and protect perfect the Security Interests in Lien on the Collateral granted by the Security Documents, to the extent required thereby, including, but not limited to, causing all financing statements (it being understood that (x) as statements, any mortgage or deed of the Issue Datetrust, no financing statements are necessary or required to be filed in any state of the United States or the District of Columbia to perfect the Security Interests in the Collateral (as in existence on the Issue Date) granted by the Security Documents and (y) certain financing statements in respect of the Security Interests in the Collateral granted by the Security Documents are being filed on or about the Issue Date in the District of Columbia solely as precautionary filingsa short form version thereof), Ship Mortgages, Security Agreements and other instruments of further assurance, including, without limitation, continuation statements covering security interests in personal property to be executed and delivered to the Notes Collateral Agent to be promptly recorded, registered and filed, and at all times to be kept recorded, registered recorded and filed, and shall will execute and file cause to be filed such financing statements and cause to be issued and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve and protect maintain the rights perfection of the Holders, the Trustee ’ and the Collateral Trustee Trustee’s rights under this Indenture and the Security Documents to all property comprising the Collateral. The Co-Issuers Without limiting the generality of the foregoing, the Company will cause each new Guarantor that becomes a Guarantor after the Issue Date pursuant to Sections 4.15 and 4.20 hereof to execute and deliver to the Notes Collateral Agent and the Mortgaged Vessel Guarantors shall from Trustee at such time as such Guarantor becomes a Guarantor and owns, possesses or acquires any property or assets of the type or nature that would constitute Collateral (i) a counterpart to time promptly pay the Security Agreement and discharge all mortgage and financing and continuation statement recording and/or filing fees, charges and taxes relating to this Indenture such other documents as required by the Security Agreement and the Security Documents, any amendments thereto Intercreditor Agreement and (ii) any other instruments Security Documents as shall be necessary or reasonably requested by the Notes Collateral Agent in order to grant and perfect the Lien on the Collateral of further assurancesuch Guarantor.

Recording, Etc. (a) The Co-Issuers Issuer and the Mortgaged Vessel Guarantors shall take or cause to be taken taken, within the time period permitted in this Indenture or the Security Documents, all action reasonably necessary or required to perfect, maintain, preserve and protect the Security Interests in the Collateral granted by the Security Documents, including, but not limited to, causing all financing statements (it being understood that (x) that, as of the Issue Date, no financing statements are necessary or required to be filed in any state of the United States or the District of Columbia to perfect the Security Interests in the Collateral (as in existence on the Issue Date) granted by the Security Documents and (y) certain financing statements in respect of the Security Interests in the Collateral granted by the Security Documents are being filed on or about the Issue Date in the District of Columbia solely as precautionary filingsDocuments), Ship Mortgages, Security Agreements and other instruments of further assurance, including, without limitation, continuation statements covering security interests in personal property to be promptly recorded, registered and filed, and at all times to be kept recorded, registered and filed, and shall execute and file such financing statements and cause to be issued and filed such continuation statements, all in such manner and in such places as may be required by law fully to preserve and protect the rights of the Holders, the Trustee and the Collateral Trustee Security Agent under this Indenture and the Security Documents to all property comprising the Collateral. The Co-Issuers Issuer and the Mortgaged Vessel Guarantors shall from time to time, within the time period permitted in this Indenture or the Security Documents, promptly pay and discharge all mortgage and financing and continuation statement recording and/or filing fees, charges and taxes relating to this Indenture and the Security Documents, any amendments thereto and any other instruments of further assurance.