Representations Regarding Certain Collateral Sample Clauses

Representations Regarding Certain Collateral. Without limiting the foregoing, to the extent requested by the Bank after the occurrence of and during the continuance of an Event of Default, (i) to the extent the Collateral includes investment property held by a financial intermediary or deposit accounts, "control agreements" have been executed and delivered to the Bank, (ii) to the extent the Collateral includes titled equipment which is Collateral, registration of the Bank as secured party on title certificates has been accomplished, (iii) to the extent the Collateral includes certificated investment property, such certificates have been delivered to the Bank, (iv) to the extent any Collateral exists which is not otherwise perfected hereunder, but is perfectible by possession, possession of such Collateral has been delivered to the Bank, (v) to the extent any Collateral consists of United States registered Copyrights, security agreements have been delivered to the Bank for recording by the United States Copyright Office, (vi) to the extent the Collateral includes insurance policies, assignments of such insurance policies, together with acknowledgments by the "home office" of the applicable insurance company, have been delivered to the Bank, and (vii) to the extent any Collateral is subject to perfection (or similar protection) under the laws of any other jurisdiction, perfection (or similar protection) has been achieved under the laws of such other jurisdiction, all of the foregoing in as may be required pursuant to the laws of any other necessary jurisdiction, to protect the validity of and to establish a legal, valid and perfected security interest in favor of the Bank in respect of all such Collateral. If any Collateral of the types specified in this subsection shall be acquired or shall arise after the date hereof, Debtor shall perform such acts as are necessary to make the foregoing statements true and correct as of the date of such acquisition or arising, as if they were made on the date hereof. If Debtor shall at any time acquire a commercial tort claim, as defined in the Uniform Commercial Code, Debtor shall promptly notify the Bank in a writing signed by such Debtor of the brief details thereof and grant to the Bank in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Security Agreement, with such writing to be in form and substance satisfactory to the Bank.
AutoNDA by SimpleDocs

Related to Representations Regarding Certain Collateral

  • Agreements Regarding Collateral and Field Examination Reports (ll) Lien Releases;

  • Perfection Representations The representations, warranties and covenants set forth on Schedule I hereto shall be a part of this Agreement for all purposes. Notwithstanding any other provision of this Agreement or any other Basic Document, the perfection representations contained in Schedule I shall be continuing, and remain in full force and effect until such time as all obligations under the Indenture have been finally and fully paid and performed. The parties to this Agreement: (i) shall not waive any of the perfection representations contained in Schedule I, (ii) shall provide the Rating Agencies with prompt written notice of any breach of perfection representations contained in Schedule I, and (iii) shall not waive a breach of any of the perfection representations contained in Schedule I.

  • Payee Representations For the purpose of Section 3(f) of this Agreement, Party A and Party B make the representations specified below, if any:

  • Third Party Representations Each of the representations and the warranties made by Guarantor in the other Loan Documents (if any) are true, complete and correct in all material respects.

  • Borrower’s Representations Borrower hereby represents and warrants to Lender as follows:

  • Information Regarding Collateral All information supplied to Administrative Agent by or on behalf of any Loan Party with respect to any of the Collateral (in each case taken as a whole with respect to any particular Collateral) is accurate and complete in all material respects.

  • Collateral Representations No Person other than the Credit Parties, owns or has other rights in the Collateral, and the Collateral is valid and genuine Collateral, free from any Lien of any kind, other than the Lien of Lender and Permitted Liens.

  • Perfection Representations and Warranties If the transfer of the Conveyed Assets under this Agreement is determined to be a pledge relating to a financing or is determined not to be an absolute sale and assignment, the Depositor makes the following representations and warranties on which the Issuer is relying in purchasing the Conveyed Assets. The representations and warranties are made as of the Closing Date, but shall survive the sale, transfer and assignment of the Conveyed Assets by the Depositor to the Issuer and the pledge thereof to the Indenture Trustee pursuant to the Indenture:

  • Representations and Warranties Concerning Collateral, Etc The Company further represents and warrants to the Secured Party as follows: (a) the Company is the owner of or has other rights in or power to transfer the Collateral, free from any right or claim of any person or any adverse lien, except for the security interest created by this Agreement and the Permitted Liens, (b) none of the account debtors or other persons obligated on any of the Collateral is a governmental authority covered by the Federal Assignment of Claims Act or like federal, state or local statute or rule in respect of such Collateral, (c) the Company holds no commercial tort claim except as indicated on the Company's Perfection Certificate, (d) all other information set forth on the Company's Perfection Certificate pertaining to the Collateral is accurate and complete, and (e) there has been no change in any of such information since the date on which the Company's Perfection Certificate was signed by the Company.

  • Survival of Perfection Representations 12. Notwithstanding any other provision of this Agreement or any other Transaction Document, the perfection representations, warranties and covenants contained in this Schedule I shall be continuing, and remain in full force and effect until such time as all obligations under the Transaction Documents and the Notes have been finally and fully paid and performed.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!