Common use of Timing and Notice Clause in Contracts

Timing and Notice. With respect to any Collateral in existence on the Closing Date, each Grantor shall comply with the requirements of Section 4 on the date hereof (unless otherwise specified in this Agreement) and with respect to any Collateral hereafter owned or acquired Grantor shall comply with such requirements within the time periods set forth in Section 4 or, if no such time period is specified, at the time of delivery of quarterly financial statements with respect to the Fiscal Quarter during which such Collateral is created or acquired pursuant to Section 5.1(b) of the Credit Agreement.

Appears in 4 contracts

Samples: Intercreditor Agreement (Bz Intermediate Holdings LLC), Credit and Guaranty Agreement (Bz Intermediate Holdings LLC), Patent Security Agreement (Boise Inc.)

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Timing and Notice. With respect to any Collateral in existence on the Closing Effective Date, each Grantor shall comply with the requirements of Section 4 on the date hereof (unless otherwise specified in this hereof, or such later date as contemplated by Section 5.09(a) of the Credit Agreement) , and with respect to any Collateral hereafter owned or acquired each Grantor shall comply with such requirements within concurrently with the time periods set forth in Section 4 or, if no such time period is specified, at the time of delivery of quarterly financial statements with respect to the Fiscal Quarter during which such Collateral is created or acquired a Perfection Certificate Supplement pursuant to Section 5.1(b5.01(c)(ii) of the Credit AgreementAgreement (or such longer period as may be agreed to by the Administrative Agent in its sole discretion).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Och-Ziff Capital Management Group LLC)

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