The Security Documents. (a) The provisions of the Security Documents are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the US Security Agreement Collateral and UK Security Agreement Collateral described therein, and the Collateral Agent, for the benefit of the Secured Creditors, will have, upon its taking all actions required of it under the UCC, a fully perfected security interest in all right, title and interest in all of the US Security Agreement Collateral described therein (to the extent that such security interest can be perfected by filing a UCC financing statement or, to the extent required by the US Security Agreement, by taking possession of (or taking certain other actions with respect to) the respective US Security Agreement Collateral), subject to no other Liens other than Permitted Liens. In addition, the recordation of (x) the Grant of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective forms attached to the US Security Agreement, in each case in the United States Patent and Trademark Office, together with UCC filings made pursuant to the US Security Agreement, will create, as may be perfected by such filings and recordation, a perfected security interest in the United States trademarks and patents covered by the US Security Agreement, and the recordation of the Grant of Security Interest in U.S. Copyrights in the form attached to the US Security Agreement with the United States Copyright Office, together with UCC filings made pursuant to the US Security Agreement, will create, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the US Security Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Manitowoc Co Inc), Credit Agreement (Manitowoc Co Inc), Credit Agreement (Manitowoc Co Inc)
The Security Documents. (a) The provisions of the Security Documents Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the US Security Agreement Collateral and UK Security Agreement Collateral described therein, and the Collateral Agent, for the benefit of the Secured Creditors, will have, upon its taking all actions required of it under the UCC, has a fully perfected first lien on, and security interest in in, all right, title and interest in all of the US Security Agreement Collateral described therein (to the extent that such security interest can be perfected by filing a UCC financing statement ortherein, to the extent required by the US Security Agreement, by taking possession free and clear of (or taking certain other actions with respect to) the respective US Security Agreement Collateral), subject to no all other Liens other than Permitted Liens. In addition, the The recordation of (x) the Grant of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective forms form attached to the US Security Agreement, in each case in the United States Patent and Trademark Office, together with UCC filings on Form UCC-1 made pursuant to the US Security Agreement, will create, as may be perfected by such filings and recordation, a perfected security interest in the United States trademarks and patents covered by the US Security Agreement, and the recordation of the Grant of Security Interest in U.S. Copyrights in the form attached to the US Security Agreement with the United States Copyright Office, together with UCC filings on Form UCC-1 made pursuant to the US Security Agreement, will create, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the US Security Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Infousa Inc), Credit Agreement (Infousa Inc), Credit Agreement (Infousa Inc)
The Security Documents. (a) The provisions of the Security Documents Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the US Security Agreement Collateral and UK Security Agreement Collateral described therein, and the Collateral Agent, for the benefit of the Secured Creditors, has (or within 10 days following the Initial Borrowing Date will have, upon its taking all actions required of it under the UCC, ) a fully perfected security interest in all right, title and interest in all of the US Security Agreement Collateral described therein (to the extent that such security interest can be perfected by filing a UCC financing statement or, to the extent required by the US Security Agreement, by taking possession of (or taking certain other actions with respect to) the respective US Security Agreement Collateral)therein, subject to no other Liens other than Permitted Liens. In addition, the The recordation of (x) the Grant of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective forms form attached to the US Security Agreement, in each case in the United States Patent and Trademark Office, together with UCC filings on Form UCC-1 made pursuant to the US Security Agreement, will create, as may be perfected by such filings and recordation, a perfected security interest in the United States trademarks and patents covered by the US Security Agreement, and the recordation of the Grant of Security Interest in U.S. Copyrights in the form attached to the US Security Agreement with the United States Copyright Office, together with UCC filings on Form UCC-1 made pursuant to the US Security Agreement, will create, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the US Security Agreement.
Appears in 3 contracts
Samples: Credit Agreement (First Horizon Pharmaceutical Corp), Credit Agreement (First Horizon Pharmaceutical Corp), Credit Agreement (First Horizon Pharmaceutical Corp)
The Security Documents. (a) The provisions of the Security Documents Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the US Security Agreement Collateral and UK Security Agreement Collateral described thereintherein to the extent that a security interest can be created therein under the UCC, and the Collateral Agent, for the benefit of the Secured Creditors, will have, upon its taking all actions required of it under the UCC, has a fully perfected first lien on, and security interest in in, all right, title and interest of the Credit Parties in all of the US Security Agreement Collateral described therein (to the extent that such security interest can be perfected by filing a UCC UCC-1 financing statement or, to the extent required by the US Security Agreement, by taking possession of (or taking certain other actions with respect to) the respective US Security Agreement Collateral), subject to no other Liens other than Permitted Liens. In addition, the recordation of (x) the Grant of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective forms form attached to the US Security Agreement, in each case Agreement in the United States Patent and Trademark Office, together with UCC filings on Form UCC-1 made pursuant to the US Security Agreement, will create, as may be perfected by such filings filing and recordation, a perfected security interest in the United States trademarks and patents covered by the US Security Agreement, Agreement and specifically identified in such Grant and the recordation of the Grant of Security Interest in U.S. Copyrights in the form attached to the US Security Agreement with the United States Copyright Office, together with UCC filings on Form UCC-1 made pursuant to the US Security Agreement, will create, as may be perfected by such filings filing and recordation, a perfected security interest in the United States copyrights covered by the US Security AgreementAgreement and specifically identified in such Grant.
Appears in 3 contracts
Samples: Credit Agreement (Information Holdings Inc), Credit Agreement (Power Ten), Credit Agreement (Scot Inc)
The Security Documents. (a) The provisions of the Security Documents ---------------------- Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the US Security Agreement Collateral and UK Security Agreement Collateral described therein, and the Collateral Agent, for the benefit of the Secured Creditors, will haveshall, upon its taking at all actions required of it under times on and after the UCCtenth day following the Initial Borrowing Date, have a fully perfected first lien on, and security interest in in, all right, title and interest in all of the US Security Agreement Collateral described therein (other than with respect to the extent that such liens on, and security interest can interests in, immaterial assets of Holdings and its Subsidiaries, which security interests and liens cannot be perfected by the filing of a UCC financing statement or, to the extent required by the US Security Agreement, by taking possession of (or taking certain other actions with respect to) the respective US Security Agreement Collateralstatement), subject to no other Liens other than Permitted Liens. In addition, the The recordation of (x) the Grant of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective forms form attached to the US Security Agreement, in each case in the United States Patent and Trademark Office, together with UCC filings on Form UCC-1 made pursuant to the US Security Agreement, will create, as may be perfected by such filings and recordation, a perfected security interest in the United States trademarks and patents covered by the US Security Agreement, and the recordation of the Grant of Security Interest in U.S. Copyrights in the form attached to the US Security Agreement with the United States Copyright Office, together with UCC filings on Form UCC-1 made pursuant to the US -43- Security Agreement, will create, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the US Security Agreement.
Appears in 1 contract
The Security Documents. (a) The provisions of the Security Documents Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the US Security Agreement Collateral and UK Security Agreement Collateral described therein, and the Collateral Agent, for the benefit of the Secured Creditors, has (or will have, upon its taking all actions required have within ten days of it under the UCC, Initial Borrowing Date) a fully perfected security interest in all right, title and interest in all of the US Security Agreement Collateral described therein (to the extent that such security interest can be perfected by filing a UCC financing statement or, to the extent required by the US Security Agreement, by taking possession of (or taking certain other actions with respect to) the respective US Security Agreement Collateral)therein, subject to no other Liens other than Permitted Liens. In addition, Following the recordation of (x) the Grant of Security Interest in U.S. Patents Patents, if applicable, and (y) the Grant of Security Interest in U.S. Trademarks Trademarks, if applicable, in the respective forms form attached to the US Security Agreement, in each case in the United States Patent and Trademark Office, together with UCC filings on Form UCC-1 made pursuant to the US Security Agreement, the Collateral Agent for the benefit of the Secured Creditors will createhave, as may be perfected by such filings and recordation, a perfected security interest in the United States trademarks and patents covered by the US Security Agreement, and following the recordation of the Grant of Security Interest in U.S. Copyrights Copyrights, if applicable, in the form attached to the US Security Agreement with the United States Copyright Office, together with UCC filings on Form UCC-1 made pursuant to the US Security Agreement, the Collateral Agent for the benefit of the Secured Creditors will createhave, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the US Security Agreement.
Appears in 1 contract
Samples: Credit Agreement (RCN Corp /De/)
The Security Documents. (a) The provisions of the Security Documents ---------------------- Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the US Security Agreement Collateral and UK Security Agreement Collateral described therein, and the Collateral Agent, for the benefit of the Secured Creditors, has (or within 10 days following the Initial Borrowing Date will have, upon its taking all actions required of it under the UCC, ) a fully perfected security interest in all right, title and interest in all of the US Security Agreement Collateral described therein (to the extent that such security interest can be perfected by filing a UCC financing statement or, to the extent required by the US Security Agreement, by taking possession of (or taking certain other actions with respect to) the respective US Security Agreement Collateral), subject to no other Liens other than Permitted Liens. In addition, the recordation of (x) the Grant of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective forms form attached to the US Security Agreement, in each case in the United States Patent and Trademark Office, together with UCC filings on Form UCC-1 made pursuant to the US Security Agreement, will create, as may be perfected by such filings and recordation, a perfected security interest in the United States trademarks and patents covered by the US Security Agreement, and the recordation of the Grant of Security Interest in U.S. Copyrights in the form attached to the US Security Agreement with the United States Copyright Office, together with UCC filings on Form UCC-1 made pursuant to the US Security Agreement, will create, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the US Security Agreement.
Appears in 1 contract
Samples: Credit Agreement (Manitowoc Co Inc)