Common use of Post-Closing Collateral Matters Clause in Contracts

Post-Closing Collateral Matters. Within 60 days after the Closing Date, the Borrower shall cause to be provided to the Collateral Agent (a) a Mortgage with respect to each Mortgaged Property, executed and delivered by a duly authorized officer of each party thereto and (b) if requested by the Administrative Agent, deliver to the Administrative Agent legal opinions relating to such Mortgages, which opinions shall be in form and substance, and from counsel, reasonably satisfactory to the Administrative Agent.

Appears in 2 contracts

Sources: Revolving Credit Facility Agreement (Lucent Technologies Inc), Revolving Credit Facility Agreement (Lucent Technologies Inc)

Post-Closing Collateral Matters. Within 60 days after the Closing Date, the Borrower shall cause to be provided to the Collateral Agent (a) a Mortgage with respect to each 44 38 Mortgaged Property, executed and delivered by a duly authorized officer of each party thereto and (b) if requested by the Administrative Agent, deliver to the Administrative Agent legal opinions relating to such Mortgages, which opinions shall be in form and substance, and from counsel, reasonably satisfactory to the Administrative Agent.

Appears in 1 contract

Sources: Revolving Credit and Term Loan Facility Agreement (Lucent Technologies Inc)