Common use of Financing Statements, Etc Clause in Contracts

Financing Statements, Etc. At least five (5) Business Days before each Loan hereunder with respect to the financing or refinancing of Equipment by Income Fund I (or any Marine Subsidiary or Owner Trustee of Income Fund I), (i) there shall have been filed in all applicable jurisdictions Uniform Commercial Code financing statements naming Income Fund I (or if applicable, a Marine Subsidiary or Owner Trustee of Income Fund I) as "debtor" and the Agent as "secured party" (or Uniform Commercial Code financing statement amendments, as applicable) (which financing statements or financing statement amendments shall be in form and substance acceptable to the Agent) to perfect the security interest of the Agent in such Equipment and all related Collateral, (ii) there shall have been executed, filed and/or recorded in all applicable jurisdictions such other instruments or documents as the Agent deems necessary or advisable to perfect its security interest in such Equipment and all related Collateral, including without limitation, additional security agreements, ship mortgages and chattel mortgages, and (iii) Agent shall have received such Lien and judgment searches, opinions, releases, termination statements, and other documents and instruments as Agent shall reasonably request to confirm that upon the consummation of such financing or refinancing Agent shall have a first priority perfected security interest in such Equipment and all related Collateral subject to no other Liens other than Permitted Liens.

Financing Statements, Etc. At least five (5) Business Days before each Loan hereunder with respect to the financing or refinancing of Equipment by Income Fund I Acquisub (or any Marine Subsidiary or Owner Trustee of Income Fund IAcquisub), (i) there shall have been filed in all applicable jurisdictions Uniform Commercial Code financing statements naming Income Fund I Acquisub (or if applicable, a Marine Subsidiary or Owner Trustee of Income Fund IAcquisub) as "debtor" and the Agent as "secured party" (or Uniform Commercial Code financing statement amendments, as applicable) (which financing statements or financing statement amendments shall be in form and substance acceptable to the Agent) to perfect the security interest of the Agent in such Equipment and all related Collateral, (ii) there shall have been executed, filed and/or recorded in all applicable jurisdictions such other instruments or documents as the Agent deems necessary or advisable to perfect its security interest in such Equipment and all related Collateral, including without limitation, additional security agreements, ship mortgages and chattel mortgages, and (iii) Agent shall have received such Lien and judgment searches, opinions, releases, termination statements, and other documents and instruments as Agent shall reasonably request to confirm that upon the consummation of such financing or refinancing Agent shall have a first priority perfected security interest in such Equipment and all related Collateral subject to no other Liens other than Permitted Liens.

Financing Statements, Etc. At least five (5) Business Days before each Loan hereunder with respect to the financing or refinancing of Equipment by Income Fund I EGF VI (or any Marine Subsidiary or Owner Trustee of Income Fund IEGF VI), (i) there shall have been filed in all applicable jurisdictions Uniform Commercial Code financing statements naming Income Fund I EGF VI (or if applicable, a Marine Subsidiary or Owner Trustee of Income Fund IEGF VI) as "debtor" and the Agent as "secured party" (or Uniform Commercial Code financing statement amendments, as applicable) (which financing statements or financing statement amendments shall be in form and substance acceptable to the Agent) to perfect the security interest of the Agent in such Equipment and all related Collateral, (ii) there shall have been executed, filed and/or recorded in all applicable jurisdictions such other instruments or documents as the Agent deems necessary or advisable to perfect its security interest in such Equipment and all related Collateral, including without limitation, additional security agreements, ship mortgages and chattel mortgages, and (iii) Agent shall have received such Lien and judgment searches, opinions, releases, termination statements, and other documents and instruments as Agent shall reasonably request to confirm that upon the consummation of such financing or refinancing Agent shall have a first priority perfected security interest in such Equipment and all related Collateral subject to no other Liens other than Permitted Liens.

Financing Statements, Etc. At least five (5) Business Days before each Loan hereunder with respect to the financing or refinancing of Equipment by Income Fund I EGF V (or any Marine Subsidiary or Owner Trustee of Income Fund IEGF V), (i) there shall have been filed in all applicable jurisdictions Uniform Commercial Code financing statements naming Income Fund I EGF V (or if applicable, a Marine Subsidiary or Owner Trustee of Income Fund IEGF V) as "debtor" and the Agent as "secured party" (or Uniform Commercial Code financing statement amendments, as applicable) (which financing statements or financing statement amendments shall be in form and substance acceptable to the Agent) to perfect the security interest of the Agent in such Equipment and all related Collateral, (ii) there shall have been executed, filed and/or recorded in all applicable jurisdictions such other instruments or documents as the Agent deems necessary or advisable to perfect its security interest in such Equipment and all related Collateral, including without limitation, additional security agreements, ship mortgages and chattel mortgages, and (iii) Agent shall have received such Lien and judgment searches, opinions, releases, termination statements, and other documents and instruments as Agent shall reasonably request to confirm that upon the consummation of such financing or refinancing Agent shall have a first priority perfected security interest in such Equipment and all related Collateral subject to no other Liens other than Permitted Liens."