Common use of General Covenants Applicable to Collateral Clause in Contracts

General Covenants Applicable to Collateral. Grantor will at all times perform and observe the covenants contained in the Second-Out Credit Agreement that are applicable to Grantor. Each Grantor agrees that, in the event any Grantor takes any action to grant or perfect a Lien in favor of the First Lien First Our Administrative Agent in any assets, such Grantor shall also take such action to grant or perfect a Lien (subject to the FOSO Intercreditor Agreement) in favor of the Collateral Agent to secure the Second-Out Obligations without request of the Collateral Agent.