ANHEUSER ▇▇▇▇▇ COLLATERAL Sample Clauses

ANHEUSER ▇▇▇▇▇ COLLATERAL. (a) The Anheuser ▇▇▇▇▇ Contract (as defined in Section 5.1.11) has been duly and validly authorized, executed and delivered by Lessee and Anheuser; is in full force and effect with respect to Lessee and Anheuser; and constitutes legal, valid and binding obligations of Lessee and Anheuser, enforceable against each such party by the other in accordance with its terms, except as limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors' rights generally, and by applicable laws (including any applicable common law and equity) and judicial decisions which may affect the remedies provided therein. (b) To Lessee's knowledge, no default or event which, with the giving of notice or lapse of time or both, would become a default, has occurred under the Anheuser ▇▇▇▇▇ Contract. (c) The copy of the Anheuser ▇▇▇▇▇ Contract delivered to Lessor pursuant to Section 5.1.11 hereof constitutes the entire agreement of the (d) Lessee is the sole owner of, and has not heretofore assigned or pledged or caused, permitted or suffered to exist any lien, claim or encumbrance against, the Anheuser ▇▇▇▇▇ Collateral (as defined in Section 11.4). (e) The Anheuser ▇▇▇▇▇ Contract is not subject to any defense, claim, counterclaim, set-off or any right to cancellation or termination. (f) The grant of security interest in Section 11.4 hereof creates in favor of Lessor a first priority perfected security interest in the Anheuser ▇▇▇▇▇ Collateral, effective against all persons; Lessor's rights as secured party pursuant to such grant were assigned to Lender pursuant to the Loan Agreement; and any filing, recordation or any other action or procedure permitted or required by law to perfect and give first priority to Lender's security interest in the Anheuser ▇▇▇▇▇ Collateral has been accomplished. (g) Lessee has no knowledge of any facts impairing the value or validity of the Anheuser ▇▇▇▇▇ Contract, any rights created thereby, the Anheuser ▇▇▇▇▇ Collateral or this Lease.
View Source
ANHEUSER ▇▇▇▇▇ COLLATERAL. Upon and after the occurrence of a Default, Lessor, without notice or demand other than as expressly provided for under the provisions of this Lease, may exercise in any jurisdiction in which enforcement hereof is sought, the rights and remedies available to Lessor under the other provisions of this Lease, the rights and remedies of a secured party under the applicable Uniform Commercial Code and all other rights and remedies available to Lessor under applicable law, all (a) to notify Anheuser ▇▇▇▇▇ or any Substitute Obligor to make payments or other remittances on or with respect to the Anheuser ▇▇▇▇▇ Collateral directly to Lessor, (b) to perform any provision of any document, agreement or other instrument relating to the Anheuser ▇▇▇▇▇ Collateral and/or cure any default under any such document, agreement or other instrument and (c) to assign or otherwise dispose of any or all of the Anheuser ▇▇▇▇▇ Collateral on such terms and conditions as Lessor, in its sole discretion, may determine.
View Source

Related to ANHEUSER ▇▇▇▇▇ COLLATERAL

  • Collateral Each of the Banks represents to the Agent and each of the other Banks that it in good faith is not relying upon any "margin stock" (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

  • Assemble Collateral Lender may require Grantor to deliver to Lender all or any portion of the Collateral and any and all certificates of title and other documents relating to the Collateral. Lender may require Grantor to assemble the Collateral and make it available to Lender at a place to be designated by Lender. Lender also shall have full power to enter upon the property of Grantor to take possession of and remove the Collateral. If the Collateral contains other goods not covered by this Agreement at the time of repossession, Grantor agrees Lender may take such other goods, provided that Lender makes reasonable efforts to return them to Grantor after repossession.

  • Possessory Collateral Immediately upon Borrower's receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's attorney and agent-in-fact, to endorse or assign the same on Borrower's behalf.

  • Security Interest in Collateral The provisions of this Agreement and the other Loan Documents create legal and valid Liens on all of the Collateral in favor of the Administrative Agent, for the benefit of the Secured Parties, and such Liens constitute perfected and continuing Liens on the Collateral, securing the Secured Obligations, enforceable against the applicable Loan Party and all third parties, and having priority over all other Liens on the Collateral except in the case of (a) Permitted Encumbrances, to the extent any such Permitted Encumbrances would have priority over the Liens in favor of the Administrative Agent pursuant to any applicable law or agreement and (b) Liens perfected only by possession (including possession of any certificate of title) to the extent the Administrative Agent has not obtained or does not maintain possession of such Collateral.

  • Additional Collateral (a) With respect to any Capital Stock of any newly created or acquired Subsidiary or any newly issued Capital Stock of any existing Subsidiary acquired after the Original Closing Date by the Borrower or any of its Subsidiaries that is intended to be subject to the Lien created by any of the Pledge Agreements but which is not so subject, promptly (and in any event within 30 days after the acquisition thereof): (i) execute and deliver to the Administrative Agent such amendments to the relevant Pledge Agreements or such other documents as the Administrative Agent shall deem necessary or advisable to grant to the Administrative Agent, for the benefit of the Lenders, a Lien on such Capital Stock, (ii) take all actions necessary or advisable to cause such Lien to be duly perfected in accordance with all applicable Requirements of Law, including delivering all such original certificates evidencing such Capital Stock to the Administrative Agent together with undated stock powers executed in blank therefor, and (iii) if requested by the Administrative Agent or the Required Lenders, deliver to the Administrative Agent legal opinions relating to the matters described in clauses (i) and (ii) immediately preceding, which opinions shall be in form and substance, and from counsel, reasonably satisfactory to the Administrative Agent. Notwithstanding the foregoing, the Borrower shall not be required to grant to the Administrative Agent a Lien upon the Capital Stock of any Immaterial Subsidiary. (b) With respect to any Person that, subsequent to the Original Closing Date, becomes a direct or indirect Subsidiary of the Borrower, promptly (and in any event within 30 days after such Person becomes a Subsidiary): (i) cause such new Subsidiary to become a party to the Subsidiary Pledge Agreement and the Subsidiary Guarantee and (ii) if requested by the Administrative Agent or the Required Lenders, deliver to the Administrative Agent legal opinions relating to the matters described in clause (i) immediately preceding, which opinions shall be in form and substance, and from counsel, reasonably satisfactory to the Administrative Agent. Notwithstanding the foregoing, no Immaterial Subsidiary or Foreign Subsidiary of the Borrower shall be required to execute a Subsidiary Guarantee or Subsidiary Pledge Agreement, and no more than 65% of the Capital Stock of or equity interests in any Foreign Subsidiary of the Borrower or any of its Subsidiaries if more than 65% of the assets of such Subsidiary are securities of foreign companies (such determination to be made on the basis of fair market value), shall be required to be pledged hereunder.