Common use of Perfection of Collateral Clause in Contracts

Perfection of Collateral. In order to ensure the attachment, perfection and First-Priority of, and the ability of the Collateral Agent to enforce, the Security Interest in the Collateral, the Borrower agrees, in each case, at the Borrower’s sole expense, to take the following actions with respect to the Collateral:

Perfection of Collateral. In order to ensure insure the attachment, perfection perfection, and First-Priority first priority of, and the ability of the Collateral Agent Trustee to enforce, the Security Interest in the Collateral, the Borrower Issuer agrees, in each case, at the Borrower’s Issuer's sole expense, to take the following actions with respect to the Collateral: