Security Documents Additional Collateral Sample Clauses
Security Documents Additional Collateral. (a) In order to secure the due and punctual payment of the Notes Obligations, (i) on the Issue Date, simultaneously with the execution and delivery of this Indenture, the Collateral Grantors have executed Security Documents granting to the Collateral Agent for the benefit (or, where applicable, as direct representative) of the Secured Creditors a first-priority perfected Lien in the Collateral, and (ii) after the Issue Date, each Subsidiary of Holdings that is required to become a Collateral Grantor pursuant to Section 4.27 shall execute and deliver the necessary Security Documents in order to grant to the Collateral Agent a first-priority perfected Lien in all assets of such Subsidiary which are required to, but do not already, constitute Collateral.
(b) Holdings shall cause every Collateral Grantor to from time to time take the actions required by Section 4.27.
Security Documents Additional Collateral. (a) The payment of the principal of, premium, if any, and interest on the Notes when due, whether on an interest payment date, at maturity, by acceleration, repurchase, prepayment or otherwise and whether by the Company pursuant to the Notes or by any Guarantor pursuant to its Note Guarantees, the payment of all secured obligations under the Security Documents, and the performance of all other obligations of the Company under this Agreement, the Notes and the Security Documents are secured by Liens on the Collateral in favor of the Collateral Agent for the benefit of the Administrative Agent and the Holders prior to all other Liens except for Permitted Collateral Liens (other than as described in clause (y) of the definition thereof), as provided in the Security Documents, and will be secured as provided in the Security Documents hereafter delivered as required or permitted by this Agreement. The Company and the Guarantors hereby acknowledge and agree that the Collateral Agent holds the Collateral in trust for the benefit of the Administrative Agent and the Holders and the other secured parties under the Security Documents as provided therein and for purposes of enforcing their rights (in their capacity as such) with respect to the Collateral, in each case pursuant to the terms of the Security Documents. Each Holder, by accepting a Note, consents and agrees to the terms of the Security Documents (including the provisions providing for the possession, use, release and foreclosure of Collateral) as the same may be in effect or may be amended from time to time in accordance with their terms and this Agreement and the applicable Security Documents, and authorizes and directs the Collateral Agent to enter into the Security Documents and to perform its obligations and exercise its rights thereunder in accordance therewith. The Company shall deliver to the Collateral Agent all documents required to be delivered pursuant to the Security Documents, and shall do or cause to be done all such acts and things as may be reasonably required by the next sentence of this Section 12.01(a), to assure and confirm to the Collateral Agent the security interest in the Collateral contemplated hereby, by the Security Documents or any part thereof, as from time to time constituted, so as to render the same available for the security and benefit of this Agreement and of the Notes secured thereby, according to the intent and purposes therein expressed. The Company shall, and shall ca...
Security Documents Additional Collateral. (a) The payment of the principal of, premium, if any, and interest on the Notes when due, whether on an interest payment date, at maturity, by acceleration, repurchase, redemption or otherwise and whether by the Issuers pursuant to the Notes or by any Guarantor pursuant to its Note Guarantees, the payment of all secured obligations under the Security Documents, and the performance of all other obligations of the Issuers under this Indenture, the Notes and the Security Documents are secured by Liens on the Collateral in favor of the Collateral Agent for the benefit of the Trustee and the Holders prior to all other Liens except for Permitted Collateral Liens (other than as described in clause (y) of the definition thereof), as provided in the Security Documents, and will be secured as provided in the Security Documents hereafter delivered as required or permitted by this Indenture, subject to the terms of the Intercreditor Agreement. The Trustee, the Issuers and the Guarantors hereby acknowledge and agree that the Collateral Agent holds the Collateral in trust for the benefit of the Trustee and the Holders and the other secured parties pursuant to the Security Documents and the terms of the Intercreditor Agreement as provided therein and enforcing their rights (in their capacity as such) with respect to the Collateral, in each case pursuant to the terms of the Security Documents and the Intercreditor Agreement. Each Holder, by accepting a Note, consents and agrees to the terms of the Security Documents (including the provisions providing for the possession, use, release and foreclosure of Collateral) and the Intercreditor Agreement as the foregoing may be in effect or may be amended from time to time in accordance with their terms and this Indenture, the applicable Security Documents and the Intercreditor Agreement, and authorizes and directs the Collateral Agent to enter into the Security Documents and the Intercreditor Agreement and to perform its obligations and exercise its rights thereunder in accordance therewith. Subject to the terms of the Intercreditor Agreement, the Issuers shall deliver to the Collateral Agent all documents required to be delivered pursuant to the Security Documents and the Intercreditor Agreement, and shall do or cause to be done all such acts and things as may be reasonably required by the next sentence of this Section 12.01(a), to assure and confirm to the Collateral Agent the security interest in the Collateral contemplated he...
Security Documents Additional Collateral. 79 SECTION 12.02. Releases of Collateral 79 SECTION 12.03. Release Documentation 80
Security Documents Additional Collateral. Recording, Registration and Opinions. Releases of Collateral. Authorization of Actions to Be Taken by the Collateral Agent Under the Security Documents. Authorization of Receipt of Funds by the Trustee Under the Security Agreement. Powers Exercisable by Receiver or Collateral Agent.
Security Documents Additional Collateral. (a) In order to secure the due and punctual payment of the Notes Obligations, (i) on the Issue Date, simultaneously with the execution and delivery of this Indenture, the Collateral Grantors have executed Security Documents granting to the Collateral Agent for the benefit (or, where applicable, as direct representative) of the Secured Creditors a perfected Lien in the Collateral, and (ii) after the Issue Date, each other affiliate of the Company that is required to become a Collateral Grantor pursuant to Section 4.17 shall execute and deliver the necessary Security Documents in order to grant to the Collateral Agent a perfected Lien in all assets of such Person which are required to, but do not already, constitute Collateral.
(b) The Company shall cause every Collateral Grantor to from time to time take the actions required by Section 4.17.
Security Documents Additional Collateral. 84 Section 10.02. Opinions................................................................................. 84 Section 10.03. Suits to Protect the Collateral.......................................................... 84 Section 10.04. Release of Collateral.................................................................... 85 Section 10.05. Sufficiency of Release................................................................... 86 Section 10.06. Actions by the Trustee................................................................... 86
Security Documents Additional Collateral. 92 SECTION 12.2. Recording, Etc..................................................................... 95 SECTION 12.3. Certain Dispositions of Collateral Without Release................................. 96 SECTION 12.4. Possession, Use and Release of Collateral.......................................... 99 SECTION 12.5. Eminent Domain and Other Governmental Takings...................................... 101 SECTION 12.6. Trust Indenture Act Requirements................................................... 102 SECTION 12.7. Suits To Protect the Collateral.................................................... 103 SECTION 12.8. Purchaser Protected................................................................ 103 SECTION 12.9. Powers Exercisable by Receiver or Trustee.......................................... 103 SECTION 12.10. Disposition of Obligations Received................................................ 103 SECTION 12.11. Determinations Relating to Collateral.............................................. 104 SECTION 12.12. Renewal and Refunding.............................................................. 104 SECTION 12.13. Release upon Termination of Issuer's Obligations................................... 104 SECTION 12.14. Certain Actions by Trustee......................................................... 105 -iv-
Security Documents Additional Collateral. The Company and each Guarantor will execute and comply with, and cause each of its Subsidiaries to execute and comply with, the terms of each Security Document to which such Person is, or is required to be, a party.
Security Documents Additional Collateral. 92 SECTION 10.2 Recording, Registration and Opinions 92 SECTION 10.3 Releases of Collateral. 93 SECTION 10.4 Form and Sufficiency of Release 94 SECTION 10.5 Possession and Use of Collateral. 94