Specific Required Actions Sample Clauses
The "Specific Required Actions" clause defines particular tasks or obligations that a party must perform under the agreement. It typically outlines clear steps, deadlines, or standards that must be met, such as submitting reports, making payments, or providing certain services. By detailing these requirements, the clause ensures both parties understand their responsibilities, reducing ambiguity and helping to prevent disputes over performance.
Specific Required Actions. Without limiting the generality of the foregoing provisions of this Section 4.2, each Debtor shall:
i. execute and deliver short form Intellectual Property Security Agreements substantially in the form of Annex A, as applicable, describing all its Registered Intellectual Property included in the Collateral; and
ii. execute and deliver to the Agent such other documentation as the Agent may reasonably require to perfect, protect and maintain the validity, effectiveness and priority of the Liens intended to be created by this Agreement.
Specific Required Actions. Without limiting the generality of the foregoing provisions of this Section 4.2 and subject to Section 10.10 of the Credit Agreement, it shall:
(i) take such action as the Agent may request to permit the Agent to have control over any investment property, any deposit account, letter of credit rights or chattel paper;
(ii) deliver to the Agent all chattel paper, instruments, negotiable documents and letters of credit and any other Collateral the possession of which is necessary to perfect the security interest therein, duly endorsed and/or accompanied by duly executed instruments of transfer or assignment, all in form and substance satisfactory to Agent;
(iii) deliver any and all certificates of title, applications for title or similar evidence of ownership of equipment and cause Agent to be named as lienholder thereon;
(iv) execute and deliver a Copyright Security Agreement, a Patent Security Agreement and/or Trademark Security Agreement as applicable, describing all its Intellectual Property now owned or hereafter acquired or execute and deliver amendments to such documents to the extent they have been executed and delivered in connection with the Prior Security Agreements, such amendment to be in form and substance satisfactory to the Agent; and
(v) execute and deliver to the Agent such other documentation as the Agent may reasonably require to perfect, protect and maintain the validity, effectiveness and priority of the Liens intended to be created by this Agreement.
Specific Required Actions. Without limiting the generality of the foregoing provisions of this Section 4.2 but subject to Section 4.2(b), it shall:
(i) take such action as Agent may request to permit Agent to have control over any investment property, any deposit account, letter of credit rights or chattel paper;
(ii) deliver to Agent all chattel paper, instruments, negotiable documents and letters of credit and any other Collateral the possession of which is necessary to perfect the security interest therein, duly endorsed and/or accompanied by duly executed instruments of transfer or assignment, all in form and substance reasonably satisfactory to Agent;
(iii) deliver any and all certificates of title, applications for title or similar evidence of ownership of equipment and cause Agent to be named as lienholder thereon;
(iv) execute and deliver to Agent a Copyright Security Agreement, a Patent Security Agreement and/or Trademark Security Agreement, as applicable;
(v) obtain and deliver to Agent any waivers, subordinations or acknowledgments from any third party who has possession or control of any Collateral, including any agent, landlord or bailee; and
(vi) execute and deliver to Agent such other documentation as Agent may reasonably require to perfect, protect and maintain the validity, effectiveness and priority of the Liens intended to be created by this Agreement.
Specific Required Actions. Without limiting the generality of the foregoing provisions of this Section 4.2, each Debtor shall:
(i) execute and deliver a Copyright Security Agreement, a Patent Security Agreement and/or Trademark Security Agreement as applicable, describing all its Intellectual Property; and
(ii) execute and deliver to the Agent such other documentation as the Agent may reasonably require to perfect, protect and maintain the validity, effectiveness and priority of the Liens intended to be created by this Agreement.