Security Interests in Copyrights and other Collateral. The Administrative Agent shall have received evidence satisfactory to it that each Credit Party, has sufficient right, title and interest in and to the Collateral and other assets which it purports to own (including appropriate licenses under copyright), as set forth in the documents and other materials presented to the Lenders, to enable such Credit Party to perform the Distribution Agreements to which such Credit Party is a party and as to each Credit Party, to grant to the Administrative Agent for the benefit of the Administrative Agent, the Issuing Bank and the Lenders the security interests contemplated by the Fundamental Documents, and that all financing statements, copyright filings and other filings under Applicable Law necessary to provide the Administrative Agent for the benefit of itself, the Issuing Bank and the Lenders with a first priority perfected security interest in the Pledged Securities and Collateral (subject in the case of the Collateral, to Permitted Encumbrances) have been filed or delivered to the Administrative Agent in satisfactory form for filing.
Security Interests in Copyrights and other Collateral. The Administrative Agent shall have received evidence satisfactory to it that each Credit Party and each Pledgor has sufficient right, title and interest in and to the Collateral and Pledged Collateral, respectively, and other assets that it purports to own (including appropriate licenses under copyright), as set forth in the documents and other materials presented to the Lenders, to enable the applicable Credit Party to perform the Distribution Agreements to which it is a party, and as to each Credit Party and each Pledgor, to grant to the Administrative Agent (for the benefit of the Secured Parties) the security interests contemplated by the Fundamental Documents.
Security Interests in Copyrights and other Collateral. The Administrative Agent shall have received on the Closing Date evidence satisfactory to it that (i) each Credit Party and each Pledgor, has sufficient right, title and interest in and to the Collateral and Pledged Collateral, respectively, and other assets which it purports to own (including appropriate licenses under copyright), as set forth in the documents and other materials presented to the Lenders, to enable the applicable Credit Party to perform under the Distribution Agreements to which it is a party, and as to each Credit Party and each Pledgor, to grant to the Administrative Agent (for the benefit of the Secured Parties) the security interests contemplated by the Fundamental Documents and (ii) all financing statements, copyright filings, trademark filings, debentures and other filings under Applicable Law necessary to provide the Administrative Agent (for the benefit of the Secured Parties) with a perfected Lien in the Collateral and the Pledged Collateral (with the priority contemplated by Section 3.18) have been filed or delivered to the Administrative Agent in satisfactory form for filing.
Security Interests in Copyrights and other Collateral. On or prior to the Closing Date, the Lender shall have received evidence satisfactory to it that each Credit Party has sufficient right, title and interest in and to the Collateral and other assets which it purports to own (including appropriate licenses under copyright), as set forth in its financial statements and in the other documents presented to the Lender to enable each such Credit Party to perform the Distribution Agreements to which each such Credit Party is a party and as to each Credit Party to grant to the Lender the security interests contemplated by the Fundamental Documents, and that all financing statements, copyright filings and other filings under Applicable Law necessary to provide the Lender with a first priority perfected security interest in the Pledged Securities and Collateral (subject, as to the Collateral, to Permitted Encumbrances) have been filed or delivered to the Lender in satisfactory form for filing.
Security Interests in Copyrights and other Collateral. The ----------------------------------------------------- Administrative Agent shall have received evidence reasonably satisfactory to it (i) if the Borrower is requesting the Lenders to make the initial Loan for a Declared Qualifying Picture, that the Borrower has sufficient right, title and interest in and to the Declared Qualifying Picture and related Collateral, (ii) if the Borrower is requesting the Lenders to issue a Letter of Credit for a Declared Qualifying Picture, that the Borrower will have at the time of the acquisition of such Declared Qualifying Picture, sufficient right, title and interest in and to such Declared Qualifying Picture, in either case as set forth in the documents presented to the Lenders to enable the Borrower to perform the Distribution Agreement and to grant to the Administrative Agent for the benefit of the Lenders the security interests contemplated by the Fundamental Documents, and that all financing statements, copyright filings and other filings under Applicable Law necessary to provide the Administrative Agent for the benefit of the Lenders with a first priority perfected security interest -56- in the Declared Qualifying Picture and related Collateral have been filed or delivered to the Administrative Agent in satisfactory form for filing.
Security Interests in Copyrights and other Collateral. On or prior to the Closing Date, the Agent shall have received evidence satisfactory to it that each Debtor has sufficient right, title and interest in and to the Collateral and other assets which it purports to own (including appropriate licenses under copyright), as set forth in its financial statements and in the other documents presented to the Lenders to enable each such Debtor to perform the Distribution Agreements and Licensing Agreements to which each such Debtor is a party and to grant to the Agent for the benefit of the Lenders the security interests contemplated by the Fundamental Documents, and that all financing statements, copyright filings and other filings under Applicable Law necessary to provide the Agent for the benefit of the Lenders with a first priority perfected security interest in the Pledged Securities, Keyman Life Insurance and Collateral
Security Interests in Copyrights and other Collateral. On or prior to the Closing Date, the Lender shall have received evidence satisfactory to it that each Credit Party has sufficient right, title and interest in and to the Collateral and other assets which it purports to own (including appropriate licenses under copyright), as set forth in its financial statements and in the other documents presented to the Lender to enable each such Credit Party to perform the Distribution Agreements to which each such Credit Party is a party and as to each Credit Party to grant to the Lender the security interests contemplated by the Fundamental Documents, and that all financing statements, copyright filings and other filings under Applicable Law necessary to
Security Interests in Copyrights and other Collateral. On or ----------------------------------------------------- prior to the Closing Date, the Administrative Agent shall have received evidence reasonably satisfactory to it that each Credit Party has sufficient right, title and interest in and to the Collateral and other assets which it purports to own (including appropriate licenses under copyright), as set forth in its financial statements and in the other documents presented to the Lenders to enable each such Credit Party to perform the Distribution Agreements to which each such Credit Party is a party and as to each Credit Party to grant to the Collateral Agent for the benefit of the Administrative Agent, the Fronting Bank, the Lenders and the Noteholders the security interests contemplated by the Fundamental Documents, and that all financing statements, copyright filings and other filings under Applicable Law necessary to provide the Collateral Agent for the benefit of the Administrative Agent, Fronting Bank, Lenders and the Noteholders with a first priority perfected security interest in the Pledged Securities and Collateral (subject, as to Pledged Securities and the Collateral, to Permitted Encumbrances) have been filed or delivered to the Collateral Agent in satisfactory form for filing.
Security Interests in Copyrights and other Collateral. The Agent shall have received evidence reasonably satisfactory to it that the Credit Parties have sufficient right, title and interest in and to the Collateral which they purport to own (including appropriate licenses under copyright), as set forth in their financial statements and in other documents presented to the Lenders to enable them to perform the Distribution Agreements and to grant to the Agent for the benefit of the Lenders the security interests contemplated by this Agreement.
Security Interests in Copyrights and other Collateral. The Administrative Agent shall have received evidence satisfactory to it that each Credit Party, has sufficient right, title and interest in and to the Collateral and other assets which it purports to own (including appropriate licenses under copyright), as set forth in the documents and other materials presented to the Lenders, to enable such Credit Party to perform the Distribution Agreements to which such Credit Party is a party and as to each Credit Party, to grant to the Administrative Agent for the benefit of the Secured Parties the security interests contemplated by the Fundamental Documents, and that all financing statements, copyright filings and other filings under Applicable Law necessary to provide the Administrative Agent for the benefit of the Secured Parties with a first priority perfected security interest in the Pledged Securities and Collateral (subject in the case of the Collateral, to Permitted Liens) have been filed or delivered to the Administrative Agent in satisfactory form for filing.
