Common use of Status of Security Interest Clause in Contracts

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Pledged Collateral as valid, perfected, first priority Liens (subject to Permitted Liens); and (b) Notwithstanding the foregoing, no Grantor shall be required to take any action to perfect any security interest in any Pledged Collateral that can only be perfected by Control except as and to the extent specified in Section 4 hereof.

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Priority Lien Collateral Agent Trustee hereunder in all Pledged Collateral as valid, perfected, first priority Liens (subject to Permitted Liens); and. (b) Notwithstanding the foregoing, no Grantor shall be required to take any action to perfect any security interest in any Pledged Collateral that can only be perfected by Control except as and to the extent specified in Section 4 hereof.

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Parity Lien Collateral Agent Trustee hereunder in all Pledged Collateral as valid, perfected, first second priority Liens (subject to Permitted LiensLiens ); and. (b) Notwithstanding the foregoing, no Grantor shall be required to take any action to perfect any security interest in any Pledged Collateral that can only be perfected by Control except as and to the extent specified in Section 4 hereof.

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Pledged Collateral as valid, perfected, first priority Liens (subject subject, in the case of priority only, to Permitted Liens); and. (b) Notwithstanding the foregoing, no Grantor shall be required to take any action to perfect any security interest in any Pledged Collateral that can only be perfected by Control except as and to the extent specified in Section 4 hereof.

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Pledged Collateral as valid, perfected, first priority Liens (subject to Permitted Liens); and. (b) Notwithstanding the foregoing, no Grantor shall be required to take any action to perfect any security interest in any Pledged Collateral that can only be perfected by Control except as and to the extent specified in Section 4 hereof.

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Pledged Collateral as valid, perfected, first priority valid and perfected Liens (subject to Permitted Liens); and. (b) Notwithstanding the foregoing, no Grantor shall be required to take any action to perfect any security interest in any Pledged Collateral that can only be perfected by Control except as and to the extent specified in Section 4 hereof.

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent Trustee hereunder in all Pledged Collateral as valid, perfected, first priority Liens (subject to Permitted Liens); and. (b) Notwithstanding the foregoing, no Grantor shall be required to take any action to perfect any security interest in any Pledged Collateral that can only be perfected by (i) Control or (ii) federal or foreign filings with respect to Intellectual Property, in each case except as and to the extent specified in Section 4 hereof4.

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.46.5(b), each Grantor the Borrower shall maintain the security interest of the Collateral Agent hereunder in all Pledged Collateral as valid, perfected, first first-priority Liens (subject subject, in the case of priority only, to Permitted Liens); and. (b) Notwithstanding the foregoing, no Grantor the Borrower shall not be required to take any action to perfect any security interest in any Pledged Collateral that can only be perfected by Control except as and to the extent specified in Section 4 Sections 4, 6 and 7 hereof.