Common use of Valid Liens Clause in Contracts

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 and Sections 5.11 and 5.13 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in Schedule 15 of the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, possession or control, in each case subject to no Liens other than Liens permitted under this Agreement.

Appears in 4 contracts

Sources: Revolving Credit Agreement (WaterBridge Infrastructure LLC), Revolving Credit Agreement (WaterBridge Infrastructure LLC), Revolving Credit Agreement (WaterBridge Infrastructure LLC)

Valid Liens. Each Collateral Document (other than the Mortgages) delivered pursuant to Section 3.1 4.01 and Sections 5.11 6.11, 6.13 and 5.13 6.16 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby thereby, and (ix) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, filing office specified in on Schedule 15 of 1(a) to the Perfection Certificate delivered to the Administrative Agent, and (iiy) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents (other than the Mortgages) shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors Loan Parties in such Collateral to the extent perfection can be obtained by filing financing statements, statements or the taking of possession or control, in each case subject to no Liens other than Liens permitted under this Agreementby Section 7.01.

Appears in 4 contracts

Sources: Credit Agreement (PF2 SpinCo, Inc.), Credit Agreement (PF2 SpinCo LLC), Credit Agreement (Change Healthcare Inc.)

Valid Liens. Each Subject to Section 5.19(d), each Collateral Document delivered pursuant to Section 3.1 4.01 and Sections 5.11 6.11, 6.13 and 5.13 6.16 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby thereby, and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in on Schedule 15 of 4 to the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents (other than the Mortgages) shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, statements or the taking of possession or control, in each case subject to no Liens other than Liens permitted under this Agreementby Section 7.01.

Appears in 2 contracts

Sources: Credit Agreement (Bumble Inc.), Credit Agreement (Bumble Inc.)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 ‎Section 4.01 and Sections 5.11 ‎6.11, ‎6.13 and 5.13 ‎6.16 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby thereby, and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in on Schedule 15 of 4 to the Perfection Certificate delivered to the Administrative Agent, and (iii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents (other than the Mortgages) shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, statements or the taking of possession or control, in each case subject to no Liens other than Liens permitted under this Agreementby ‎Section 7.01.

Appears in 2 contracts

Sources: Credit Agreement (Alight, Inc. /DE), Credit Agreement (Alight, Inc. / Delaware)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 Sections 6.11 and Sections 5.11 6.13 hereto and 5.13 sections of the Restatement Agreement is effective or will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby thereby, and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in Schedule 15 of the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents (other than the Mortgages) shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, statements or the taking of possession or control, in each case subject to no Liens other than Liens permitted under this Agreementby Section 7.01.

Appears in 2 contracts

Sources: Credit Agreement (Summit Materials, LLC), Credit Agreement (Summit Materials, LLC)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 4.01 and Sections 5.11 6.11 and 5.13 6.12 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable (subject in the case of enforceability to Debtor Relief Laws) Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in Schedule 15 paragraph 2 of the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents (other than the Mortgages) shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, possession or control, in each case subject to no Liens other than Liens permitted under this Agreementhereunder.

Appears in 2 contracts

Sources: Credit Agreement (Sterling Check Corp.), First Lien Credit Agreement (Sterling Check Corp.)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 4.01 and Sections 5.11 Section 6.11 and 5.13 Section 6.13 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in Schedule 15 Section I.A of the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, possession or control, in each case subject to no Liens other than Liens permitted under this Agreement.

Appears in 1 contract

Sources: Credit Agreement (WaterBridge Infrastructure LLC)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 and Sections 5.11 and 5.13 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in Schedule 15 of the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, possession or control, in each case subject to no Liens other than Liens permitted under this Agreement.

Appears in 1 contract

Sources: Revolving Credit Agreement (WaterBridge Infrastructure LLC)

Valid Liens. Each Collateral Document delivered pursuant deliveredpursuant to Section 3.1 4.01 and Sections 5.11 6.11, 6.13 and 5.13 6.16 will, upon execution and delivery thereof, be effective beeffective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable andenforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby becreated thereby, and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, theoffices specified in on Schedule 15 of 4 to the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control orcontrol by the Collateral Agent of such Collateral with respect to which a security interest may be perfected beperfected only by possession or control (which possession or control shall be given to the Collateral Agent CollateralAgent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Agreement),the Liens created by the Collateral Documents (other than the Mortgages) shall constitute fully perfected Liens perfectedLiens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of interestof the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, statements orthe taking of possession or control, in each case subject to no Liens other than Liens permitted under this Agreementby Section7.01.

Appears in 1 contract

Sources: Credit Agreement (Alight, Inc. / Delaware)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 4.01 and Sections 5.11 6.11, and 5.13 6.13 and 6.16 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby thereby, and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in on Schedule 15 of 6 to the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents (other than the Mortgages) shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, statements or the taking of possession or control, in each case subject to no Liens other than Liens permitted under this Agreementby Section 7.01.

Appears in 1 contract

Sources: Credit Agreement (Gates Industrial Corp PLC)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 4.01 and Sections 5.11 Section 6.11 and 5.13 Section 6.13 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in Schedule 15 of the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, possession or control, in each case subject to no Liens other than Liens permitted under this Agreement.

Appears in 1 contract

Sources: Credit Agreement (WaterBridge Infrastructure LLC)

Valid Liens. Each Collateral Security Document delivered pursuant to Section 3.1 Sections 4.01, 5.11, 5.12 and Sections 5.11 and 5.13 5.14 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent collateral agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby and (i) when financing statements and other filings in appropriate form are filed in or recorded by the offices located in required by the jurisdiction applicable Requirement of formation or organization, as applicable, specified in Schedule 15 of the Perfection Certificate delivered to the Administrative Agent, Law and (ii) upon the taking of possession or control by the Collateral Agent collateral agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent collateral agent to the extent possession or control by the Collateral Agent collateral agent is required by the Security AgreementLoan Documents), the Liens created by the Collateral Security Documents shall constitute fully first priority perfected Liens on, and security interests in (to the extent intended to be created therebythereby and required to be perfected under the Loan Documents), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing and recording financing statements, statements or possession or control, as the case may be, in each case subject to no Liens other than Liens permitted under this Agreementhereunder.

Appears in 1 contract

Sources: Credit Agreement (Sra International Inc)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 4.01 and Sections 5.11 Sections(a) 6.11, 6.13 and 5.13 6.16 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby thereby, and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in on Schedule 15 of 6 to the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents (other than the Mortgages) shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, statements or the taking of possession or control, in each case subject to no Liens other than Liens permitted under this Agreement.by Section 7.01. PTO Filing; Copyright Office Filing. When the Intellectual Property Security(b) Agreements are properly filed in the United States Patent and Trademark Office and the United States -148-

Appears in 1 contract

Sources: Credit Agreement (Gates Industrial Corp PLC)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 Sections 6.11 and Sections 5.11 6.13 hereto and 5.13 sections of the Restatement Agreement is effective or will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby thereby, and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in Schedule 15 of the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents (other than the Mortgages) shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, statements or the taking of possession or control, in each case subject to no Liens other than Liens permitted under this Agreementby SectionSection 7.01.

Appears in 1 contract

Sources: Credit Agreement (Summit Materials, LLC)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 3.2 and Sections 5.11 and 5.13 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby and (i) when financing statements and other filings in appropriate form are filed in the offices office of the Secretary of State located in the each jurisdiction of formation or organization, as applicable, specified in Schedule 15 of the Perfection Certificate delivered to the Administrative AgentLoan Parties, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, possession or control, in each case subject to no Liens other than Liens permitted under this Agreement.

Appears in 1 contract

Sources: Revolving Credit Agreement (LandBridge Co LLC)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 and Sections 5.11 and 5.13 will(other than the Mortgages) is, upon or on execution and delivery thereofthereof by the parties thereto will be, be effective to create in favor of the Collateral Agent for the benefit of the Secured PartiesParties and the other Secured Parties (as defined in the Security Agreement), legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby required by the terms thereof and (i) when financing statements and other filings in appropriate form are filed in the appropriate offices located in the jurisdiction of formation or organization, as applicable, specified in Schedule 15 of the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents (other than the Mortgages) shall constitute to the extent required by the terms thereof fully perfected Liens on, and security interests in (to the extent intended to be created thereby)in, all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, possession or controlCollateral, in each case subject prior and superior in right to no Liens any other person, other than Liens permitted by Section 7.01. The Loan Parties are the legal and beneficial owners of the Collateral free and clear of any Lien, except for the Liens created or permitted under this Agreementthe Loan Documents.

Appears in 1 contract

Sources: Credit Agreement (Warner Music Group Corp.)

Valid Liens. (a) In the case of any Loan Party which is a Domestic Subsidiary only: (i) Each Collateral Document delivered pursuant to Section 3.1 4.01 and Sections 5.11 6.11 and 5.13 6.13 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in on Schedule 15 of the Perfection Certificate delivered IV to the Administrative Agent, Security Agreement and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, possession or control, in each case subject to no Liens other than Liens permitted under this Agreementhereunder.

Appears in 1 contract

Sources: Credit Agreement (Expro Oilfield Services PLC)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 Sections 4.01, 6.11, 6.13 and Sections 5.11 and 5.13 6.15 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby thereby, and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in on Schedule 15 of 4 to the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents (other than the Mortgages) shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, statements or the taking of possession or control, in each case subject to no Liens other than Liens permitted under this Agreement(or not prohibited) by Section 7.01.

Appears in 1 contract

Sources: Credit Agreement (Eventbrite, Inc.)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 3.2 and Sections 5.11 and 5.13 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in Schedule 15 of the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, possession or control, in each case subject to no Liens other than Liens permitted under this Agreement.

Appears in 1 contract

Sources: Revolving Credit Agreement (WaterBridge Infrastructure LLC)

Valid Liens. Each Collateral Document delivered pursuant to Section 3.1 Sections 4.01 (including as amended and Sections 5.11 restated on the Closing Date), 6.11 and 5.13 6.13 will, upon execution and delivery thereof, be effective to create in favor of the Collateral Administrative Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby and (i) when financing statements and other filings in appropriate form are filed in the offices located specified on Exhibit A to the U.S. Security Agreement (or, in the jurisdiction case of formation or organizationany actions taken after the date hereof in accordance with the provisions of Section 6.11 and 6.13, as applicable, in the offices specified in Schedule 15 of the Perfection Certificate delivered to the Administrative AgentAgent at such time), and (ii) upon the taking of possession or control by the Collateral Administrative Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Administrative Agent to the extent possession or control by the Collateral Administrative Agent is required by the U.S. Security Agreement)) and (iii) upon the taking of any other actions required for perfection of liens created under any Collateral Documents, the Liens created by the Collateral Documents shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), ) all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, possession statements or controlother such actions, in each case subject to no Liens other than Liens permitted under this Agreementhereunder.

Appears in 1 contract

Sources: Credit Agreement (ResCare Finance, Inc.)

Valid Liens. Each Subject to Section 5.19(d), each Collateral Document delivered pursuant to Section 3.1 4.01 and Sections 5.11 6.11, 6.13 and 5.13 6.16 will, 4849-7283-2717 171 upon execution and delivery thereof, be effective to create in favor of the Collateral Agent for the benefit of the Secured Parties, legal, valid and enforceable Liens on, and security interests in, the Collateral described therein to the extent intended to be created thereby thereby, and (i) when financing statements and other filings in appropriate form are filed in the offices located in the jurisdiction of formation or organization, as applicable, specified in on Schedule 15 of 4 to the Perfection Certificate delivered to the Administrative Agent, and (ii) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected only by possession or control (which possession or control shall be given to the Collateral Agent to the extent possession or control by the Collateral Agent is required by the Security Agreement), the Liens created by the Collateral Documents (other than the Mortgages) shall constitute fully perfected Liens on, and security interests in (to the extent intended to be created thereby), all right, title and interest of the grantors in such Collateral to the extent perfection can be obtained by filing financing statements, statements or the taking of possession or control, in each case subject to no Liens other than Liens permitted under this Agreementby Section 7.01.

Appears in 1 contract

Sources: Credit Agreement (Bumble Inc.)