Common use of Securing Liens Clause in Contracts

Securing Liens. The Borrower shall at any and all times, so far as it may be authorized by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with assuring, conveying, granting, assigning, securing and confirming the Liens in and to the Trust Estate (whether now existing or hereafter arising) granted to the Trustee for the benefit of the TIFIA Lender pursuant to the Indenture Documents, or intended so to be granted pursuant to the Indenture Documents, or which the Borrower may become bound to grant, and the Borrower shall at all times maintain the Trust Estate free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto that has priority over, or equal rank with, the Liens created by the Indenture Documents, other than as permitted by this Agreement, and all organizational, regulatory or other necessary action on the part of the Borrower to that end shall be duly and validly taken at all times. The Borrower shall at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate granted pursuant to the Indenture Documents and all the rights of the Trustee for the benefit of the TIFIA Lender under the Indenture Documents against all claims and demands of all Persons whomsoever, subject to Permitted Liens.

Securing Liens. The Borrower shall at any and all times, so far as it may be authorized to the extent permitted by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with assuring, conveying, granting, assigning, securing and confirming the Liens in and to on the Trust Estate Net Revenues (whether now existing or hereafter arising) granted to the Trustee WIFIA Credit Provider for the its benefit of the TIFIA Lender pursuant to the Indenture WIFIA Credit Documents, or intended so to be granted pursuant to the Indenture WIFIA Credit Documents, or which the Borrower may become bound to grant, and the . The Borrower shall at all times maintain the Trust Estate Net Revenues free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto that has priority over, or equal rank with, the Liens created by the Indenture WIFIA Credit Documents, other than as permitted by the Bond Resolutions, including this Agreement, and all organizational, regulatory or other necessary action on the part of the Borrower to that end shall be duly and validly taken at all times. The Borrower shall at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate Net Revenues granted pursuant to the Indenture WIFIA Credit Documents and all the rights of the Trustee for the benefit of the TIFIA Lender under the Indenture Documents WIFIA Credit Provider against all claims and demands of all Persons whomsoever, subject to Permitted Liens.

Securing Liens. The Borrower Each City Related Party shall at any and all times, so far as it may be authorized to the extent permitted by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with assuring, conveying, granting, assigning, securing and confirming the Liens in and to on the Trust Estate Pledged Collateral (whether now existing or hereafter arising) granted to the Trustee for Corporation (and upon the benefit of assignment by the TIFIA Lender Corporation pursuant to the Indenture Assignment Agreement, the WIFIA Credit Provider, as the initial Assignee) for its benefit pursuant to the WIFIA Credit Documents, or intended so to be granted pursuant to the Indenture WIFIA Credit Documents, or which the Borrower a City Related Party may become bound to grant, and the Borrower City Related Parties shall at all times maintain the Trust Estate Pledged Collateral and the assignment by the Corporation of its rights in the ISA pursuant to the Assignment Agreement free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto that has priority over, or equal rank with, the Liens created by the Indenture Financing Documents, other than as permitted by this Agreement, and all organizational, regulatory or other necessary action on the part of the Borrower City Related Parties to that end shall be duly and validly taken at all times. The Borrower City Related Parties shall at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate Pledged Collateral and the assignment by the Corporation pursuant to the Assignment Agreement granted pursuant to the Indenture WIFIA Credit Documents and all the rights of the Trustee for the benefit of the TIFIA Lender Corporation (and upon the assignment by the Corporation pursuant to the Assignment Agreement, the WIFIA Credit Provider, as the initial Assignee) under the Indenture WIFIA Credit Documents against all claims and demands of all Persons whomsoever, subject to Permitted Liens.

Securing Liens. The Borrower shall at any and all times, so far as it may be authorized by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with for the better assuring, conveying, granting, assigning, securing and confirming the Liens in and to the Trust Estate (whether now existing or hereafter arising) granted to the Trustee for the benefit of the TIFIA Lender XXXXX Xxxxxx, pursuant to the Indenture DocumentsMaster Trust Indenture, or intended so to be granted pursuant to the Indenture DocumentsMaster Trust Indenture, or which the Borrower may become bound to grant, grant and the Borrower shall at all times maintain the Trust Estate is and will be free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto that has priority overprior to, or of equal rank with, with the Liens created by the Indenture DocumentsMaster Trust Indenture, other than as permitted by such documents or by this Agreement, and all organizational, regulatory or other necessary corporate action on the part of the Borrower to that end shall be duly and validly taken at all such times. The Borrower shall at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate granted pursuant to the Master Trust Indenture Documents and all the rights of the Trustee for the benefit of the TIFIA Lender XXXXX Xxxxxx under the Master Trust Indenture Documents against all claims and demands of all Persons whomsoever, subject to Permitted Liens.

Securing Liens. The Borrower shall at any and all times, so far as it may be authorized to the extent permitted by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with assuring, conveying, granting, assigning, securing and confirming the Liens in and to on the Trust Estate Authority Revenues (whether now existing or hereafter arising) and the Borrower’s rights with respect to the WIFIA Debt Service Account granted to the Trustee WIFIA Lender for the its benefit of the TIFIA Lender pursuant to the Indenture DocumentsWIFIA Loan Documents to which the Borrower is a party, or intended so to be granted pursuant to the Indenture DocumentsWIFIA Loan Documents to which the Borrower is a party, or which the Borrower may become bound to grant, and the Borrower shall at all times maintain the Trust Estate Authority Revenues and its rights with respect to the WIFIA Debt Service Account free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto that has priority over, or equal rank with, other than the Liens created by with respect to the Indenture Documents, other than as permitted by this AgreementWIFIA Loans, and all organizational, regulatory or other necessary action on the part of the Borrower to that end shall be duly and validly taken at all times. The Borrower shall at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate Authority Revenues granted pursuant to the Indenture WIFIA Loan Documents and all the rights of the Trustee for the benefit of the TIFIA WIFIA Lender under the Indenture WIFIA Loan Documents against all claims and demands of all Persons whomsoever, subject to Permitted Liens.

Securing Liens. The Borrower shall at any and all times, so far as it may be authorized by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with assuring, conveying, granting, assigning, securing and confirming the Liens in and to on the Trust Estate (whether now existing or hereafter arising) granted to the Trustee for the benefit of the TIFIA Lender pursuant to the Indenture Documents, or intended so to be granted pursuant to the Indenture Documents, or which the Borrower may become bound to grant, and the Borrower shall at all times maintain the Trust Estate free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto that has priority over, or equal rank with, the Liens created by the Indenture Documents, other than as permitted by this Agreement, and all organizational, regulatory or other necessary action on the part of the Borrower to that end shall be duly and validly taken at all times. The Borrower shall at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate granted pursuant to the Indenture Documents and all the rights of the Trustee for the benefit of the TIFIA Lender under the Indenture Documents against all claims and demands of all Persons whomsoever, subject to Permitted Liens.

Securing Liens. The Borrower shall at any and all times, so far as it may be authorized by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with assuring, conveying, granting, assigning, securing and confirming the Liens in and to the Trust Estate Collateral (whether now existing or hereafter arising) granted to the Trustee Collateral Agent for the benefit of the TIFIA Lender pursuant to the Indenture TIFIA Loan Documents, or intended so to be granted pursuant to the Indenture TIFIA Loan Documents, or which the Borrower may become bound to grant, and the Borrower shall at all times maintain the Trust Estate Collateral free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto that has priority over, or equal rank with, the Liens created by the Indenture TIFIA Loan Documents, other than as permitted by this Agreement, and all organizational, regulatory or other necessary action on the part of the Borrower to that end shall be duly and validly taken at all times. The Borrower shall at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate Collateral granted pursuant to the Indenture TIFIA Loan Documents and all the rights of the Trustee Collateral Agent for the benefit of the TIFIA Lender Secured Lenders under the Indenture TIFIA Loan Documents against all claims and demands of all Persons whomsoever, subject to Permitted Liensother than the Secured Lenders.

Securing Liens. The Borrower shall at any and all times, so far as it may be authorized by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with for the better assuring, conveying, granting, assigning, securing and confirming the Liens in and to the Trust Estate (whether now existing or hereafter arising) granted to the Trustee for the benefit of the Bondholders including the TIFIA Lender pursuant to the Indenture DocumentsIndenture, or intended so to be granted pursuant to the Indenture DocumentsIndenture, or which the Borrower may become bound to grant, and the Borrower shall at all times maintain the Trust Estate is and will be free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto that has priority over, or equal rank with, the Liens created by the Indenture DocumentsIndenture, other than as expressly permitted by this Agreement, and all organizational, regulatory or other necessary corporate action on the part of the Borrower to that end shall be duly and validly taken at all such times. The Borrower shall at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate granted pursuant to the Indenture Documents and all the rights of the Trustee for the benefit of the TIFIA Lender under the Indenture Documents against all claims and demands of all Persons whomsoever, subject to Permitted Liens.

Securing Liens. The Borrower shall at any and all times, so far as it may be authorized by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with assuring, conveying, granting, assigning, securing and confirming the Liens in and to the Trust Estate (whether now existing or hereafter arising) granted to the Trustee for the benefit of the TIFIA Lender pursuant to the Indenture Documents, or intended so to be granted pursuant to the Indenture Documents, or which the Borrower may become bound to grant, and the Borrower shall at all times maintain the Trust Estate free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto that has priority over, or equal rank with, the Liens created by the Indenture Documents, other than as permitted by this Agreement, and all organizational, regulatory or other necessary action on the part of the Borrower to that end shall be duly and validly taken at all times. The Borrower shall at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate granted pursuant to the Indenture Documents and all the rights of the Trustee for the benefit of the TIFIA Lender XXXXX Xxxxxx under the Indenture Documents against all claims and demands of all Persons whomsoever, subject to Permitted Liens.

Securing Liens. The Borrower shall at any and all times, so far as it may be authorized to the extent permitted by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with assuring, conveying, granting, assigning, securing and confirming the Liens in and to on the Trust Estate Pledged Collateral (whether now existing or hereafter arising) granted to the Trustee WIFIA Lender for the its benefit of the TIFIA Lender pursuant to the Indenture WIFIA Loan Documents, or intended so to be granted pursuant to the Indenture WIFIA Loan Documents, or which the Borrower may become bound to grant, and the . The Borrower shall at all times maintain the Trust Estate Pledged Collateral free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto Lien that has priority over, or equal rank with, the Liens created by the Indenture Bond Resolution Documents, other than as permitted by this AgreementPermitted Liens, and all organizational, regulatory or other necessary action on the part of the Borrower to that end shall be duly and validly taken at all times. The Borrower shall at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate Pledged Collateral granted pursuant to the Indenture WIFIA Loan Documents and all the rights of the Trustee for the benefit of the TIFIA WIFIA Lender under the Indenture WIFIA Loan Documents against all claims and demands of all Persons whomsoever, subject to Permitted Liens.

Securing Liens. The Borrower shall at any and all times, so far as it may be authorized by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with for the better assuring, conveying, granting, assigning, securing and confirming the Liens in and to the Trust Estate (whether now existing or hereafter arising) granted to the Trustee for the benefit of the TIFIA Lender and the other Bondholders pursuant to the Indenture DocumentsIndenture, or intended so to be granted pursuant to the Indenture DocumentsIndenture, or which the Borrower may become bound to grant, and the Borrower shall at all times maintain the Trust Estate is and will be free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto that has priority over, or equal rank with, the Liens created by the Indenture DocumentsIndenture, other than as permitted by such documents or by this Agreement, and all organizational, regulatory or other necessary corporate action on the part of the Borrower to that end shall be duly and validly taken at all such times. The Borrower shall at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate granted pursuant to the Indenture Documents and all the rights of the Trustee for the benefit of the TIFIA Lender under the Indenture Documents against all claims and demands of all Persons whomsoever, subject to Permitted Liens.

Securing Liens. The Borrower shall at any and all times, so far as it may be authorized by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with assuring, conveying, granting, assigning, securing and confirming the Liens TIFIA Lien in and to the Trust Estate (whether now existing or hereafter arising) granted to the Trustee for the benefit of the TIFIA Lender pursuant to the Indenture Documents, or intended so to be granted pursuant to the Indenture Documents, or which the Borrower may become bound to grant, and the Borrower shall at all times maintain the Trust Estate free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto that has priority over, or equal rank with, the Liens created by the Indenture Documents, other than as permitted by this Agreement, and all organizational, regulatory or other necessary action on the part of the Borrower to that end shall be duly and validly taken at all times. The Borrower shall at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate granted pursuant to the Indenture Documents and all the rights of the Trustee for the benefit of the TIFIA Lender under the Indenture Documents against all claims and demands of all Persons whomsoever, subject to Permitted Liensthe Lien of the Indenture.

Securing Liens. The Borrower District shall at any and all times, so far as it may be authorized to the extent permitted by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with assuring, conveying, granting, assigning, securing and confirming the Liens in and to on the Trust Estate Pledged Collateral (whether now existing or hereafter arising) granted to the Trustee Borrower for the its benefit of the TIFIA Lender pursuant to the Indenture Documentseach WIFIA IPA, or intended so to be granted pursuant to the Indenture Documentseach WIFIA IPA, or which the Borrower District may become bound to grant, and the Borrower District shall at all times maintain the Trust Estate Pledged Collateral free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto that has priority over, or equal rank with, the Liens created by the Indenture Documentssuch WIFIA IPA, other than as permitted by this Agreement, the relevant WIFIA Loan Agreement and such WIFIA IPA, and all organizational, regulatory or other necessary action on the part of the Borrower District to that end shall be duly and validly taken at all times. The Borrower District shall at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate Pledged Collateral granted pursuant to the Indenture Documents and all the rights of the Trustee for the benefit of the TIFIA Lender under the Indenture Documents Borrower pursuant to each WIFIA IPA against all claims and demands of all Persons whomsoever, subject to Permitted Liens.

Securing Liens. The Borrower shall Borrower/Issuer and the Concessionaire shall, at any and all times, so far as it may be authorized by law, pass, make, do, execute, acknowledge and deliver, all and every such further resolutions, acts, deeds, conveyances, assignments, transfers and assurances as may be necessary or desirable in connection with for the better assuring, conveying, granting, assigning, securing and confirming the Liens in and to the Trust Estate Collateral (whether now existing or hereafter arising) granted to the Trustee for the benefit of the TIFIA Lender Lender, as owner of the TIFIA Bond, pursuant to the Indenture Security Documents, or intended so to be granted pursuant to the Indenture Security Documents, or which the Borrower Borrower/Issuer and/or the Concessionaire may become bound to grant, and the Borrower shall at all times maintain the Trust Estate Collateral is and will be free and clear of any pledge, Lien, charge or encumbrance thereon or with respect thereto that has priority overprior to, or of equal rank with, with the Liens created by the Indenture Security Documents, other than for Permitted Liens described in clause (i) or (j) of the definition of Permitted Liens or liens entitled to priority as a matter of law or as permitted by such documents or this Agreement, and all organizational, regulatory or other necessary corporate action on the part of the Borrower Borrower/Issuer and the Concessionaire to that end shall be duly and validly taken at all such times. The Borrower shall Borrower/Issuer and the Concessionaire shall, at all times, to the extent permitted by law, defend, preserve and protect the Liens on the Trust Estate Collateral granted pursuant to the Indenture Security Documents and all the rights of the Trustee for the benefit of the TIFIA Lender Lender, as owner of the TIFIA Bond, under the Indenture Security Documents against all claims and demands of all Persons whomsoever, subject to Permitted Liens.