Common use of Continuing Perfection Clause in Contracts

Continuing Perfection. All actions necessary (including recent lien searches) to establish that the Collateral Trustee continues to have a perfected first priority security interest (subject to Permitted Liens) in the Collateral securing the obligations under the Loan Documents shall have been taken (other than any such actions described in Section 6.6).

Appears in 3 contracts

Sources: Revolving Credit Agreement (General Motors Financial Company, Inc.), Revolving Credit Agreement (General Motors Co), Revolving Credit Agreement (General Motors Co)