Perfection of Security Interests in the Collateral. The Collateral Documents create valid security interests in, and Liens on, the Collateral purported to be covered thereby, which security interests and Liens will be, upon filing of UCC-1 statements, filing of intellectual property notices and the delivery of any instruments and stock certificates as required hereunder, perfected security interests and Liens, prior to all other Liens other than Permitted Liens.
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Sources: Credit Agreement (Demand Media Inc.), Credit Agreement (Demand Media Inc.)
Perfection of Security Interests in the Collateral. The Collateral Documents create create, on the Closing Date, in favor of the Secured Parties, valid security interests in, and Liens on, the Collateral purported to be covered thereby, which security interests and Liens will be, upon filing of UCC-1 statements, filing of intellectual property notices and the delivery of any instruments and stock certificates as required hereunder, are perfected security interests and LiensLiens (other than such Collateral in which a security interest cannot be perfected under the UCC as in effect at the relevant time in the relevant jurisdiction), prior to all other Liens Liens, other than Permitted Liens.
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Perfection of Security Interests in the Collateral. The Collateral Documents create valid security interests in, and Liens on, the Collateral purported to be covered thereby, which security interests and Liens will be, upon filing of UCC-1 statements, filing of intellectual property notices and the delivery of any instruments and stock certificates as required hereunder, are currently perfected security interests and Liens, to the extent perfection may be accomplished by the filing of UCC financing statements or any other action required under the Collateral Documents, prior to all other Liens other than Permitted Liens.
Appears in 1 contract
Sources: Credit Agreement (Ancestry.com Inc.)
Perfection of Security Interests in the Collateral. The Collateral Documents create valid security interests in, and Liens on, the Collateral purported to be covered thereby, which security interests and Liens will beLiens, upon filing to the extent perfection can be effected pursuant to Article 8 or 9 of UCC-1 statementsthe UCC, filing of intellectual property notices and the delivery of any instruments and stock certificates as required hereunder, shall be perfected security interests and Liens, prior to all other Liens Liens, other than Permitted Liens, the filing of UCC financing statements and the taking of such other actions contemplated by the Loan Documents.
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Perfection of Security Interests in the Collateral. The Collateral Documents create valid security interests in, and Liens on, the Collateral purported to be covered thereby, which security interests and Liens will be, upon filing of UCC-1 statementsfinancing statements and notices of grant of security interests in IP Rights in the applicable recording offices, filing of intellectual property notices and the delivery of any instruments and stock certificates as required hereunder, perfected security interests and Liens, prior to all other Liens other than Permitted Liens.
Appears in 1 contract
Sources: Credit Agreement (Serologicals Corp)
Perfection of Security Interests in the Collateral. The Collateral Documents will create valid security interests in, and Liens on, the Collateral purported to be covered therebythereby upon the filing or recording of the applicable instruments in the appropriate jurisdiction as required by applicable law, which security interests and Liens with respect to the UCC Collateral will be, upon filing of UCC-1 statements, filing of intellectual property notices and the delivery of any instruments and stock certificates as required hereunder, be perfected security interests and Liens, prior to all other Liens other than Permitted Liens, upon the filing of the applicable financing statements in the appropriate jurisdictions).
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