Common use of Real Property Collateral Clause in Contracts

Real Property Collateral. Notify the Administrative Agent, within ten (10) Business Days after the acquisition of any owned real property by any Credit Party that is not subject to the existing Security Documents, and within ninety (90) days following request by the Administrative Agent, deliver such Mortgages, title insurance policies (with copies of all exceptions to such title insurance policies), environmental assessments and reports, flood certifications, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, subject to the Intercreditor Agreement and other than Permitted Liens, on such real property in favor of the Administrative Agent, for the benefit of itself and the Lenders, all in form and substance acceptable to the Administrative Agent.

Appears in 3 contracts

Sources: Credit Agreement (Broadview Networks Holdings Inc), Credit Agreement (Broadview Networks Holdings Inc), Credit Agreement (Broadview Networks Holdings Inc)

Real Property Collateral. Notify the Administrative Agent, within ten (10) Business Days days after the acquisition of any owned real property by any Credit Party that is not subject to the existing Security Documents, and within ninety sixty (9060) days following request by the Administrative Agentof such acquisition, deliver such Mortgagesmortgages, deeds of trust, title insurance policies (with copies of all exceptions to such title insurance policies), environmental assessments and reports, flood certifications, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, subject to the Intercreditor Agreement and other than Permitted Liens, on such real property in favor of the Administrative Agent, for the ratable benefit of itself and the LendersSecured Parties, all in form and substance acceptable to the Administrative Agent.

Appears in 3 contracts

Sources: Credit Agreement (Aci Worldwide, Inc.), Credit Agreement (Aci Worldwide, Inc.), Credit Agreement (Aci Worldwide, Inc.)

Real Property Collateral. Notify the Administrative Agent, within ten (10) Business Days days after the acquisition of any owned real property by any Credit Party that is not subject to the existing Security Documents, and within ninety (90) 60 days following request by the Administrative Agentof such acquisition, deliver such Mortgagesmortgages, deeds of trust, title insurance policies (with copies of all exceptions to such title insurance policies), environmental assessments and reports, flood certifications, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, subject to the Intercreditor Agreement and other than Permitted Liens, on such real property in favor of the Administrative Collateral Agent, for the ratable benefit of itself and the LendersSecured Parties, all in form and substance acceptable to the Administrative Agent.

Appears in 2 contracts

Sources: Credit Agreement (Macquarie Infrastructure Corp), Credit Agreement (Macquarie Infrastructure CO LLC)

Real Property Collateral. Notify the Administrative Agent, within ten (10) Business Days days after the acquisition of any owned real property Material Real Property located in the United States by any Credit Loan Party that is not subject to the existing Security Collateral Documents, and within ninety sixty (9060) days following a request by the Administrative Agent, deliver such Mortgagesmortgages, deeds of trust, title insurance policies (with copies of all exceptions to such title insurance policies), environmental assessments and reports, flood certifications, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, subject to the Intercreditor Agreement and other than Permitted LiensEncumbrances, on such real property in favor of the Administrative Agent, for the ratable benefit of itself and the LendersSecured Parties, all in form and substance acceptable to the Administrative Agent.

Appears in 2 contracts

Sources: Credit Agreement (Diodes Inc /Del/), Credit Agreement (Diodes Inc /Del/)

Real Property Collateral. Notify the Administrative Agent, within ten (10) Business Days days after the acquisition of any owned real property or lease by any Credit Party of any real property that is not subject to the existing Security Documents, and within ninety sixty (9060) days following request by the Administrative Agent, deliver such Mortgages, title insurance policies (with copies deeds of all exceptions to such trust, title insurance policies), environmental assessments and reportsassessments, flood certificationssurveys, surveys landlord waivers and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, subject to the Intercreditor Agreement and other than Permitted Liens, on such real property in favor of the Administrative Agent, for the benefit of itself and the LendersSecured Parties, all in form and substance acceptable to the Administrative Agent.

Appears in 2 contracts

Sources: Credit Agreement (Digital Generation Systems Inc), Credit Agreement (Digital Generation Systems Inc)

Real Property Collateral. Notify The Borrowers will notify the Administrative Agent, within ten (10) Business Days days after the acquisition of any owned real property by any Credit Party Borrower or any of its Subsidiaries that is not subject to the existing Security Documents, and and, within ninety one hundred twenty (90120) days following a request by the Administrative Agent, deliver such Mortgages, title insurance policies (with copies of all exceptions to such title insurance policies), environmental assessments and reports, flood certifications, surveys reports as are then in existence and other documents reasonably requested by the Administrative Agent (consistent with the requirements of Section 9.12) in connection with granting and perfecting a first priority Lien, subject to the Intercreditor Agreement and other than Permitted Liens, on such real property in favor of the Administrative Agent, for the ratable benefit of itself and the LendersSecured Parties, all in form and substance reasonably acceptable to the Administrative Agent.

Appears in 2 contracts

Sources: Credit Agreement (Alon Brands, Inc.), Credit Agreement (Alon USA Energy, Inc.)

Real Property Collateral. Notify the Administrative Agent, within ten (10) Business Days days after the acquisition of any owned real property by any Credit Party that is not subject to the existing Security Documents, and within ninety (90) days following request by the Administrative Agentof such acquisition, deliver such Mortgagesmortgages, deeds of trust, title insurance policies (with copies of all exceptions to such title insurance policies), environmental assessments and reports, flood certifications, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, subject to the Intercreditor Agreement and other than Permitted Liens, on such real property in favor of the Administrative Agent, for the ratable benefit of itself and the LendersSecured Parties, all in form and substance acceptable to the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Federal Signal Corp /De/)

Real Property Collateral. Notify the Administrative Agent, within ten (10) Business Days days after the acquisition of any owned real property Material Real Property located in the United States by any Credit Loan Party that is not subject to the existing Security Collateral Documents, and within ninety sixty (9060) days following a request by the Administrative Agent, deliver such Mortgagesmortgages, deeds of trust, completed “Life-of-Loan” Federal Emergency Management Agency Standard Flood Hazard Determinations, title insurance policies (with copies of all exceptions to such title insurance policies), environmental assessments and reports, surveys, flood certifications, surveys hazard insurance and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, subject to the Intercreditor Agreement and other than Permitted LiensEncumbrances, on such real property in favor of the Administrative Agent, for the ratable benefit of itself and the LendersSecured Parties, all in form and substance acceptable to the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Diodes Inc /Del/)

Real Property Collateral. Notify the Administrative Agent, within ten (10) Business Days days after the acquisition of any owned real property by any Credit Party that is not subject to the existing Security Documents, and within ninety sixty (9060) days following request by the Administrative Agentof such acquisition, deliver such Mortgagesmortgages, deeds of trust, title insurance policies (with copies of all exceptions to such title insurance policies), environmental assessments and reports, flood certificationsreports to the extent then available, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, subject to the Intercreditor Agreement and other than Permitted Liens, on such real property in favor of the Administrative Agent, for the ratable benefit of itself and the LendersSecured Parties, all in form and substance acceptable to the Administrative Agent.

Appears in 1 contract

Sources: Credit Agreement (Patrick Industries Inc)

Real Property Collateral. Notify the Administrative Agent, within ten (10) Business Days after the acquisition of any owned real property by any Credit Party that is not subject to the existing Security Documents, and within ninety (90) days following request by the Administrative Agent, deliver such Mortgages, title insurance policies (with copies of all exceptions to such title insurance policies), environmental assessments and reports, flood certifications, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, subject to the Intercreditor Agreement and other than Permitted Liens, on such real property in favor of the Administrative Agent, for the benefit of itself and the Lenders, all in form and substance acceptable to the Administrative Agent.. CREDIT AGREEMENT AMONG CIT FINANCE LLC, THE LENDERS, BROADVIEW NETWORKS HOLDINGS, AND CERTAIN SUBSIDIARIES

Appears in 1 contract

Sources: Credit Agreement (Broadview Networks Holdings Inc)