AGREEMENTS OF DEBTOR. Debtor (a) will deliver such financing statements (and hereby authorizes Secured Party to file any financing statement as Secured Party deems necessary to perfect its security interest in the Collateral) and, upon request of the Secured Party, other documents (and pay the cost of filing or recording the same in all public offices reasonably deemed appropriate by the Secured Party) and do such other acts and things all as the Secured Party may from time to time request to establish and maintain a valid security interest in the Collateral to secure the payment of the Obligations; (b) will keep its Records concerning the Collateral in such a manner as will enable the Secured Party or its designees to determine at any time the status of the Collateral; (c) will furnish to the Secured Party such information concerning Debtor and the Collateral as the Secured Party may from time to time reasonably request; (d) will permit the Secured Party and their designees, from time to time, on reasonable notice and at reasonable times and intervals during normal business hours to inspect Debtor’s Collateral, and to inspect and audit all Records and other papers in the possession of Debtor pertaining to the Collateral, and will, upon request of the Secured Party during the existence of a Default, deliver to the Secured Party all of such Records and papers; (e) will promptly pay when due all material license fees, registration fees, taxes, assessments and other charges which may be levied upon or assessed against the ownership, operation, possession, maintenance or use of its Collateral; (f) will take all steps reasonably necessary to protect, preserve and maintain all of its rights in the Collateral; (g) will keep all of the tangible Collateral in the United States of America; (h) will reimburse the Secured Party for all expenses, including reasonable attorney’s fees and charges, incurred by the Secured Party in seeking to collect or enforce any rights in respect of Debtor’s Collateral; and (i) will not change its Jurisdiction of Organization from that which is in effect on the date hereof without ten (10) days’ prior written notice to Secured Party.
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Sources: Security Agreement (Amadeus Americas, Inc.), Security Agreement (Terra Networks Associates, S.L.)
AGREEMENTS OF DEBTOR. Until the Indebtedness has been paid in full, Debtor agrees that it shall, with respect to Collateral in its possession or control:
(a) will deliver Not cause or permit any lien, security interest or encumbrance to be placed on any Collateral except in favor of Secured Party or Permitted Liens as defined in the Loan Agreement;
(b) Not sell, lease, or otherwise dispose of any of the Collateral except as permitted in the Loan Agreement;
(c) Maintain all Collateral in good condition and repair, ordinary wear and tear excepted, and maintain insurance on the Collateral as required by the Loan Agreement;
(d) Execute, file and procure from third parties, if applicable, such financing statements (statements, subordination agreements and hereby authorizes Secured Party to file any financing statement other documents as Secured Party deems may deem reasonably necessary to perfect its perfect, or continue the perfection, or maintain the priority of, Secured Party's security interest in the Collateral) and, upon request and will pay on demand all costs and expenses of searches, filing and recording deemed reasonably necessary by Secured Party to establish, determine or continue the validity and priority of Secured Party, other documents 's security interest;
(and pay the cost of filing or recording the same in e) Maintain all public offices reasonably deemed appropriate by the Secured Party) and do such other acts and things all as the Secured Party may from time to time request to establish and maintain a valid security interest in the Collateral to secure the payment of the Obligations; (b) will keep its Records records concerning the Collateral in such a manner as will enable at its chief executive office identified on the Secured Party last page of this Agreement, and keep the Collateral at the present location or its designees to determine at any time the status locations of the Collateral; ;
(cf) will furnish to the Furnish Secured Party with such information concerning Debtor and regarding the Collateral as the Secured Party may shall from time to time reasonably request; (d) will permit the request and allow Secured Party at any reasonable time and their designees, from time to time, on upon reasonable notice and at reasonable times and intervals during normal business hours to inspect the Collateral and Debtor’s Collateral, and to inspect and audit all Records and other papers in the possession of Debtor pertaining to 's records regarding the Collateral, and will, upon request of the Secured Party during the existence of a Default, deliver to the Secured Party all of such Records and papers; (e) will promptly pay when due all material license fees, registration fees, taxes, assessments and other charges which may be levied upon or assessed against the ownership, operation, possession, maintenance or use of its Collateral; (f) will take all steps reasonably necessary to protect, preserve and maintain all of its rights in the Collateral; ;
(g) will keep all If any of the tangible Collateral (or any records concerning the Collateral) is located or kept by Debtor on leased premises, (i) provide a complete and correct copy of all applicable leases to Secured Party, (ii) furnish or cause to be furnished to Secured Party from each landlord under such leases a lessor's acknowledgment and subordination in form reasonably satisfactory to Secured Party authorizing, on Default, Secured Party's entry on such Premises to enforce its rights and remedies under this Agreement, and (iii) comply with all such leases. Debtor's rights under all such leases shall further be part of the Collateral and included in the United States of America; security interest granted to Secured Party hereunder;
(h) will reimburse Pay or perform the Secured Party for all expenses, including reasonable attorney’s fees Indebtedness when the same shall be due and charges, incurred by the Secured Party in seeking to collect or enforce any rights in respect of Debtor’s Collateral; and (i) will not change its Jurisdiction of Organization from that which is in effect on the date hereof without ten (10) days’ prior written notice to Secured Partypayable.
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