Security Perfection Sample Clauses
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Security Perfection. Assignment of Claims Act;
Security Perfection. Subject to due registration under Section 395 of the Companies Act ▇▇▇▇, ▇▇e Company shall take all action required by the Security Agent to perfect the Security Interests created by the Debenture over the Security Assets (as defined in the Debenture) as soon as reasonably practicable after the date of the Debenture except to the extent the Security Agent and the Company agree otherwise.
Security Perfection. The Borrower agrees to deliver or cause to be delivered such documents and instruments, and take or cause to be taken such other actions as may be reasonably necessary to provide the perfected security interests and guarantees described in subsection 5.1(f) and 5.1(g) that are not so provided on the Closing Date and to satisfy each other condition precedent that was not actually satisfied, but rather “deemed” satisfied on the Closing Date pursuant to the provisions set forth in subsection 5.1, and in any event to provide such perfected security interests and guarantees and to satisfy such other conditions within the applicable time periods set forth on Schedule 6.11(a), as such time periods may be extended by the Administrative Agent, in its sole discretion.
Security Perfection. The Borrower agrees to deliver or cause to be delivered such documents and instruments, and take or cause to be taken such other actions as may be reasonably necessary to provide the perfected security interests and guarantees described in subsection 6.1(a)(ii) and (iii), 6.1(g) and 6.1(h) that are not so provided on the Closing Date and to satisfy each other condition precedent that was not actually satisfied, but rather “deemed” satisfied on the Closing Date pursuant to the provisions set forth in subsection 6.1, and in any event to provide such perfected security interests and guarantees and to satisfy such other conditions within the applicable time periods set forth on Schedule 7.12(a), as such time periods may be extended by the Administrative Agent, in its sole discretion.
Security Perfection. The Borrower shall ensure that:
(a) not later than one Moscow Business Day (as defined in each Borrower Asset Pledge and each Share Pledge) from the Utilisation Date, the documents listed in paragraphs (a) and (b) of Part B (Conditions subsequent) of Schedule 2 (Conditions precedent/subsequent) are delivered to the Joint & Several Creditor; and
(b) not later than:
(i) five Business Days from the Utilisation Date, the documents listed in paragraph (c) of Part B (Conditions subsequent) of Schedule 2 (Conditions precedent/subsequent) are delivered to the Facility Agent
(ii) 15 Business Days from date the documents referred to in paragraph (i) above are delivered to the Facility Agent, the documents listed in paragraphs (d), (e) and (f) of Part B (Conditions subsequent) of Schedule 2 (Conditions precedent/subsequent) are delivered to the Facility Agent.
Security Perfection. The Borrower does not comply with its obligations under Clause 20.33 (Security perfection).
Security Perfection. The Company shall take all action required to perfect the Security Interests created by the Debenture over the Security Assets (as defined in the Debenture) as soon as reasonably practicable after the date of the Debenture, including (without limitation) sending to the Agent in form and substance satisfactory to it (acting reasonably): (a) unless already delivered to the Agent, all share certificates and all other documents of title in relation to shares, stocks or other securities charged under the Debenture together with share transfer forms executed in blank or other documents required to enable the Agent or its nominees to become registered as the owner of the same; and (b) duly executed notices of charge and acknowledgements in the form of the relevant schedules to the Debenture respectively in relation to the relevant agreements or accounts charged under the Debenture, but the Company will only be obliged to use reasonable endeavours to obtain the acknowledgements referred to above.
Security Perfection. Each Obligor shall take all action required to perfect the Security Interests created by it under a Debenture over the Security Assets (as defined in that Debenture) as soon as reasonably practicable after the date of that Debenture, including (without limitation) sending to the Agent in form and substance satisfactory to it (acting reasonably): (a) unless already delivered to the Agent, all share certificates and all other documents of title in relation to shares, stocks or other securities charged under that Debenture together with share transfer forms executed in blank or other documents required to enable the Agent or its nominees to become registered as the owner of the same; and (b) where required under the terms of the relevant Debenture, duly executed notices of charge and acknowledgements in the form of the relevant schedules to that Debenture respectively in relation to the relevant agreements or accounts charged under that Debenture, but the relevant Obligor will only be obliged to use reasonable endeavours to obtain the acknowledgements referred to above.
Security Perfection. Perfection of Borrower Security (when required) and other legal formalities will be completed:
(a) other than in respect of Security over shares, on a semi-annual basis; and
(b) in respect of Security over shares, as soon as practicable, in any event, within the time periods specified by applicable law in order to ensure due perfection. Perfection of Borrower Security will not be required if it would have a material adverse effect on the ability of the relevant Obligor to conduct its operations and business in the ordinary course as permitted by the Borrower Finance Documents.
Security Perfection. Perfection of security (when required) and other legal formalities will be completed as soon as practicable and, in any event, within the time periods specified by applicable law in order to ensure due perfection and priority. Perfection of security will not be required if it would have a material adverse effect on the ability of the relevant Non-U.S. Subsidiary to conduct its operations and business in the ordinary course as permitted by the Loan Documents. No notice of receivables security may be given to third party debtors unless an Event of Default has occurred and is continuing. The Collateral Agent may register security interests in intellectual property rights only in jurisdictions to be agreed upon.