Common use of Security Interests in Personal Property Clause in Contracts

Security Interests in Personal Property. Co-Syndication Agents shall have received evidence satisfactory to them that Company and its Subsidiaries shall have taken or caused to be taken all such actions, executed and delivered or caused to be executed and delivered all such agreements, documents and instruments, and made or caused to be made all such filings and recordings (other than the filing or recording of items described in clauses (iii) and (iv) below) that may be necessary or, in the opinion of Co-Syndication Agents desirable in order to create in favor of Administrative Agent, for the benefit of Lenders, a valid and (upon such filing and recording) perfected First Priority security interest in the entire personal and mixed property Collateral. Such actions shall include the following:

Appears in 1 contract

Samples: Credit Agreement (LTM Holdings Inc)

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Security Interests in Personal Property. Co-Syndication Agents Agent shall have received evidence satisfactory to them it that Company and its Subsidiaries Subsidiary Guarantors shall have taken or caused to be taken all such actions, executed and delivered or caused to be executed and delivered all such agreements, documents and instruments, and made or caused to be made all such filings and recordings (other than the filing or recording of items described in clauses (iiiii) and (iviii) below) that may be necessary or, in the opinion of Co-Syndication Agents Agent, desirable in order to create in favor of Administrative Agent, for the benefit of Lenders, a valid and (upon such filing and recording) perfected First Priority security interest in the entire personal and mixed property Collateral. Such actions shall include the following:

Appears in 1 contract

Samples: Credit Agreement (Sunrise Medical Inc)

Security Interests in Personal Property. Co-Syndication Agents shall have received evidence satisfactory to them it that Holdings, Company and its Subsidiaries Subsidiary Guarantors shall have taken or caused to be taken all such actions, executed and delivered or caused to be executed and delivered all such agreements, documents and instruments, and made or caused to be made all such filings and recordings (other than the filing or recording of items described in clauses (iii) and (iv) below) that may be necessary or, in the opinion of Co-Syndication Agents Agents, desirable in order to create in favor of Administrative Agent, for the benefit of Lenders, a valid and (upon such filing and recording) perfected First Priority security interest in the entire personal and mixed property Collateral. Such actions shall include include, without limitation, the following:

Appears in 1 contract

Samples: Credit Agreement (Price Communications Wireless Inc)

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Security Interests in Personal Property. Co-Syndication The Agents shall have received evidence satisfactory to them it that Company and its Subsidiaries each Loan Party shall have taken or caused to be taken all such actions, executed and delivered or caused to be executed and delivered all such agreements, documents and instruments, and made or caused to be made all such filings and recordings (other than the filing or recording of items described in clauses (iii) and (iv) below) that may be necessary or, in the opinion of Co-Syndication Agents Agents, desirable in order to create in favor of Administrative Agent, for the benefit of Lenders, a valid and (upon such filing and recording) perfected First Priority security interest in the entire personal and mixed property CollateralCollateral (subject to the priorities enumerated in the Intercreditor Agreement). Such actions shall include the following:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Prime Succession Inc)

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