Security Registrations. The Agent (or its counsel) shall have received copies of proper financing statements, filed or duly prepared for filing under the PPSA, in all jurisdictions that the Agent or Lender’s Counsel, each acting reasonably, may deem reasonably necessary in order to perfect and protect the Liens created under the Security Documents, covering the Collateral described in the Security Documents.
Security Registrations. (a) The Chargor irrevocably and unconditionally authorises Xxxxx Xxxxx & Xxxxxx to do, at the cost and expense of that Chargor, all acts and sign on its behalf all required documents and forms as the Minister and/or Xxxxx Xxxxx & Xxxxxx may consider necessary or desirable to ensure compliance with the procedure under section 409(3) or 409(4) of the Companies Act.
Security Registrations. All financing statements, notices, instruments and other documents (electronic or otherwise), including PPSA or other applicable personal property and financing statements, which are necessary or desirable (as determined by the Agent or Lenders’ Counsel, acting reasonably) to be filed, registered or recorded to evidence the Liens intended to be created by any Security Document and perfect such Liens to the extent required by, and with the priority required by, this Agreement or such Security Document shall have been made and completed; provided that to the extent any lien in any Collateral is not or cannot be perfected on the Closing Date (other than the perfection of the Lien (i) in certificated Equity Securities of the Borrower; and (ii) in all assets with respect to which a Lien may be perfected by the filing of a financing statement under the PPSA of the applicable Canadian jurisdictions and the Law of Property Act of the applicable Canadian jurisdictions), then the perfection of a security Lien in such Collateral shall not constitute a condition precedent to the availability and funding of Credit Facilities on the Closing Date, but instead shall be required to be delivered promptly following the Closing Date pursuant to arrangements and timing to be mutually agreed by the Lead Arrangers and the Borrower, each acting reasonably.
Security Registrations. The Corporation shall from time to time effect, update and maintain such registrations and obtain such consents and give such other security agreements, at the sole cost and expense of the Corporation, as may be required or desirable to preserve, protect or perfect the Security Interest created with respect to the Secured Property.
