Security Filings. All filings, recordings and other actions which any Purchaser or its counsel deem necessary or advisable to establish, preserve and perfect a priority security interest on all of the existing and future assets of Parent and Borrower shall have occurred and evidence, satisfactory in form and substance to each Purchaser’s counsel, that all required filings and recordings have been made and liens have been created in favor of such Purchaser, shall have been delivered to each Purchaser, including UCC-1 Financing Statements.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Prolong International Corp), Securities Purchase Agreement (Prolong International Corp), Securities Purchase Agreement (St Cloud Capital Partners Lp)
