Registration of the Security. The Lender shall, at the Borrower’s expense, register, file, record and give notice of (or cause to be registered, filed, recorded and given notice of) the Security Documents in all offices and registries where such registration, filing, recording or giving notice is necessary or desirable for the perfection of the Encumbrance constituted thereby and to ensure that such Encumbrance is first ranking, subject only to the Permitted Encumbrances.
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Samples: Credit Agreement (Hycroft Mining Holding Corp), Credit Agreement (Mudrick Capital Acquisition Corp), Credit Agreement (Alio Gold Inc.)
Registration of the Security. The Lender shall, shall at the Borrower’s expense, register, file, record and give notice of (or cause to be registered, filed, recorded and given notice of) the Security Documents in all offices and registries where such registration, filing, recording or giving notice is necessary or desirable for the perfection of the Encumbrance Security Interest constituted thereby and to ensure that such Encumbrance Security Interest is first ranking, subject only to the Permitted Encumbrances.
Appears in 2 contracts
Samples: Credit Agreement (Resource Capital Fund VI L.P.), Credit Agreement (Canadian Zinc Corp)
Registration of the Security. The Lender shall, shall at the Borrower’s expense, register, file, record and give notice of (or cause to be registered, filed, recorded and given notice of) the Security Documents in all offices and registries where such registration, filing, recording or giving notice is necessary or desirable for the perfection of the Encumbrance Security Interest constituted thereby and to ensure that such Encumbrance Security Interest is first ranking, subject only to the Permitted Encumbrances.
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