Common use of Validity of the Security and Contents of Security Documents Clause in Contracts

Validity of the Security and Contents of Security Documents. The Security must be perfected and first-ranking (subject to Permitted Liens) at all times with respect to all property intended to be covered thereby. Each Security Document must be in form and substance satisfactory to the Agent, acting reasonably, and remain valid and in force at all times. The Security Documents will be accompanied by such legal opinions, search results and certificates as the Agent may reasonably require.

Appears in 5 contracts

Samples: Credit Agreement (Iamgold Corp), Ninth Amending Agreement (Iamgold Corp), Fifth Amending Agreement (Iamgold Corp)

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Validity of the Security and Contents of Security Documents. The Security must be perfected and first-ranking (subject to Permitted Liens) at all times with respect to all property intended to be covered thereby. Each Security Document must be in form and substance satisfactory to the Agent, acting reasonably, Agent and remain valid and in force at all times. The Security Documents will be accompanied by include such legal opinions, search results and certificates as the Agent may reasonably require.

Appears in 2 contracts

Samples: Credit Agreement (Nomad Royalty Co Ltd.), Credit Agreement (Osisko Gold Royalties LTD)

Validity of the Security and Contents of Security Documents. The Security must be perfected and first-ranking (subject to Permitted Liens) at all times with respect to all property intended to be covered thereby, subject however to Permitted Liens. Each Security Document must be in form and substance satisfactory to the Agent, acting reasonably, Agent and remain valid and in force at all times. The Security Documents will be accompanied by include such corporate documents, consents, legal opinions, search results Lien searches and certificates of location or surveys as the Agent may reasonably require.

Appears in 1 contract

Samples: Credit Agreement (AbitibiBowater Inc.)

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Validity of the Security and Contents of Security Documents. The Security must be valid, perfected and first-ranking (subject to Permitted Liens) at all times with respect to all property intended to be covered thereby, subject however to Permitted Liens. Each Security Document must be in form and substance satisfactory to the Agent, acting reasonably, Lender and remain valid and in force at all times. The Security Documents will be accompanied by such legal opinions, search results and certificates as the Agent may reasonably require.

Appears in 1 contract

Samples: Term Loan Agreement (Viropro Inc)

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