Common use of Securing Consents Clause in Contracts

Securing Consents. The Pledgor shall use its best efforts to secure all consents from third parties that are necessary to grant to the Agent, for the ratable benefit of the Banks, a valid and duly perfected first priority security interest in all Contracts and General Intangibles; provided, however, that the Pledgor shall obtain all consents from the Affiliates that are necessary to grant to the Agent, for the ratable benefit of the Banks, a valid and duly perfected first priority security interest in all Contracts and General Intangibles.