Common use of Required Action Clause in Contracts

Required Action. Each Pledgor shall take all action, including the actions specified on Schedule 1.03, that may be necessary, or that the Secured Party may reasonably request, so as at all times (i) to maintain the validity, perfection, enforceability and priority of the Security Interest in the Collateral in conformity with the requirements of Section 1.02, (ii) to protect and preserve the Collateral and (iii) to protect and preserve, and to enable the exercise or enforcement of, the rights of the Secured Party therein and hereunder and under the other Collateral Documents.

Appears in 2 contracts

Samples: Pledge Agreement (Cablevision Systems Corp /Ny), Pledge Agreement (Cablevision Systems Corp /Ny)

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Required Action. Each The Pledgor shall take all actionactions, including the actions action specified on Schedule 1.03, that may be necessarynecessary or desirable, or that the Secured Party may reasonably request, so as at all times (i) to maintain the validity, perfection, enforceability and priority of the Security Interest in the Collateral in conformity with the requirements of Section 1.02, (ii) to protect and preserve the Collateral and (iii) to protect and preserve, and to enable the exercise or enforcement of, the rights of the Secured Party therein and hereunder and under the other Collateral Documents.

Appears in 2 contracts

Samples: Credit Agreement (Aes Eastern Energy Lp), Security Agreement (Aes Eastern Energy Lp)

Required Action. Each The Pledgor shall take all action, including ------ --------------- the actions specified on Schedule 1.031.3, that may be necessarynecessary or desirable, or ------------ that the Secured Party may reasonably request, so as at all times (i) to maintain the validity, perfection, enforceability and priority of the Security Interest in the Collateral in conformity with the requirements of Section 1.021.2, (ii) to protect and preserve the Collateral and (iii) to protect and preserve, and to enable the exercise or enforcement of, the rights of the Secured Party therein and hereunder and under the other Collateral Documents.

Appears in 1 contract

Samples: Security Agreement (Tsi International Software LTD)

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Required Action. Each The Pledgor shall take all actionactions, including the actions action specified on Schedule 1.03, that may be necessarynecessary or desirable, or that the Secured Party may reasonably request, so as at all times (i) to maintain the validity, perfection, enforceability and priority of the Security Interest in the Collateral in conformity with the requirements of Section 1.02, (ii) to protect and preserve the Collateral and (iii) to protect and preserve, and to enable the exercise or enforcement of, the rights of the Secured Party therein and hereunder and under the other Collateral Documents.and

Appears in 1 contract

Samples: Membership Interest Pledge Agreement (Aes Eastern Energy Lp)

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