Common use of Perfection of Security Clause in Contracts

Perfection of Security. Each Obligor must (at its own cost) take any action and enter into and deliver any document which is required by the Security Trustee so that a Security Document provides for effective and perfected security in favour of any successor Security Trustee.

Appears in 3 contracts

Sources: Facility Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc)

Perfection of Security. Each Obligor must (at its own cost) take any action and enter into and deliver any document which is required by the Security Trustee or the Factoring Agent so that a Security Document provides for effective and perfected security in favour of any successor Security TrusteeTrustee or as the case may be, any successor Factoring Agent.

Appears in 2 contracts

Sources: Credit Agreement (TTM Technologies Inc), Credit Agreement (TTM Technologies Inc)

Perfection of Security. Each An Obligor must (at its own cost) take any action and enter into and deliver any document which is required by the Security Trustee so that a Security Document provides for effective and perfected security in favour of any successor Security Trustee.

Appears in 1 contract

Sources: Facility Agreement (Aquaventure Holdings LLC)

Perfection of Security. Each Obligor must (at its own cost) take any action and enter into and deliver any document which is required by the Security Trustee Agent so that a Transaction Security Document provides for effective and perfected security in favour of any successor Security TrusteeAgent.

Appears in 1 contract

Sources: Bridge Facilities Agreement (CMB.TECH Nv)