After-Acquired Assets Sample Clauses

After-Acquired Assets. (a) Promptly (i) transfer to WirelessCo any License held by the Borrower or any Restricted Subsidiary (other than WirelessCo) and (ii) at the option of the Borrower, either (A) transfer (I) to EquipmentCo any Personal Property Assets (other than Direct-Lien Assets) hereafter acquired by the Borrower or any Restricted Subsidiary and any such Personal Property Assets of any Person that becomes a Restricted Subsidiary or is merged with or into or consolidated with the Borrower or any Restricted Subsidiary (in each case other than any such Personal Property Assets constituting Excluded Assets), (II) to RealtyCo any Real Estate Assets hereafter acquired by the Borrower or any Restricted Subsidiary and any Real Estate Assets of any Person that becomes a Restricted Subsidiary or is merged with or into or consolidated with the Borrower or any Restricted Subsidiary (in each case other than any such Real Estate Assets constituting Excluded Assets) and (III) to the Borrower any Direct-Lien Assets hereafter acquired by the Borrower or any Restricted Subsidiary and any Direct-Lien Assets of any Person that becomes a Restricted Subsidiary or is merged with or into or consolidated with the Borrower or any Restricted Subsidiary (in each case other than any Direct-Lien Assets constituting Excluded Assets) or (B) create on terms reasonably acceptable to the Administrative Agent a perfected first priority security interest (subject to any Liens permitted by subsection 6.3 (other than those referred to in the definition of the term "Excluded Assets")) in favor of the Trustees for the benefit of the Secured Parties in such Personal Property Assets, Real Estate Assets or Direct-Lien Assets.
AutoNDA by SimpleDocs
After-Acquired Assets. Upon the acquisition by the Company or any Guarantor after the Issue Date of any assets (other than Excluded Assets), including, but not limited to, any real property, the Company or such Guarantor shall execute and deliver (i) with regard to real property that qualifies as Collateral, the items described in Section 1408 within 150 days of the date of acquisition of the applicable asset (or such later date as the Credit Agreement Agent may have agreed to with respect to the corresponding requirement under the Credit Agreement) and (ii) with regard to any other after-acquired property that qualifies as Collateral, as are required under (and within the time frames set forth in) this Indenture or the Security Documents, any information, documentation, financing statements or other certificates as may be necessary to vest in the Collateral Trustee for the Holders of the Notes Obligations a perfected security interest, with the priority required by this Indenture and the Note Security Documents, subject only to Permitted Liens and certain other exceptions set forth in the Note Security Documents relating to the Notes, in such after-acquired property and to have such after-acquired property added to the Collateral, and thereupon all provisions of this Indenture and the Note Security Documents relating to the Collateral shall be deemed to relate to such after-acquired property to the same extent and with the same force and effect. If the Company or any Guarantor creates or perfects any additional security interest upon any property or assets to secure any First Lien Obligations, it must concurrently grant and perfect a security interest upon such property as security for the Notes Obligations.
After-Acquired Assets. All property used or useful in Seller's business and acquired by Seller after the date hereof; and
After-Acquired Assets. All property used or useful in any Company’s business and acquired by any Company after the date hereof.
After-Acquired Assets. Upon the acquisition by the Company or any Subsidiary Guarantor after the Issue Date of any assets (other than Excluded Assets), the Company or such Subsidiary Guarantor shall execute and deliver with regard to any after-acquired property that qualifies as Collateral, as are required under (and within the time frames set forth in) this Indenture or the Notes Security Documents and subject to the First Lien Intercreditor Agreement, any information, documentation, financing statements or other certificates as may be necessary to vest in the Notes Collateral Agent for the Holders of the Notes a perfected security interest, with the priority required by this Indenture and the Notes Security Documents, subject only to Permitted Liens and certain other exceptions set forth in this Indenture and the Notes Security Documents relating to the Notes, in such after-acquired property and to have such after-acquired property added to the Collateral, and thereupon all provisions of this Indenture and the Notes Security Documents relating to the Collateral shall be deemed to relate to such after-acquired property to the same extent and with the same force and effect. If the Company or any Subsidiary Guarantor creates or perfects any additional security interest upon any property or assets to secure any First Lien Obligations, it must concurrently grant and perfect a security interest upon such property as security for the Notes. The Company and each Subsidiary Guarantor will also deliver security documents granting a lien in favor of the Notes Collateral Agent on the Equity Interests of first tier Foreign Subsidiaries to the extent the same has been delivered to the Credit Agreement Agent pursuant to the terms of the Senior Credit Agreement on substantially the same terms and with the same priority (subject to applicable local law) (i) with respect to any such security documents entered into prior to the Issue Date, on the Issue Date or within 120 days thereafter and (ii) with respect to any such security documents entered into after the Issue Date, on the date the same has been delivered to the Credit Agreement Agent.
After-Acquired Assets. 2.2.1 If, after the Effective Date and during the term of this Agreement, any Affiliated Companies acquire additional Available Pipelines, Telecom Easement Rights or Encroachment Rights not owned or controlled by any of the Affiliated Companies on the Effective Date ("After Acquired Assets"). SBCC shall give
After-Acquired Assets. If any material assets (including any material real property or improvements thereto or any interest therein) are acquired by the Borrower or any Subsidiary Loan Party after the Effective Date (other than assets constituting Collateral under the Security Documents that become subject to the Lien of the Security Documents upon acquisition thereof), the Borrower will promptly notify the Administrative Agent and the Lenders thereof, and, if reasonably requested by the Administrative Agent or the Required Lenders, the Borrower will cause such assets to be subjected to a Lien securing the Obligations and will take, and cause the Subsidiary Loan Parties to take, such actions as shall be necessary or reasonably requested by the Administrative Agent to grant and perfect such Liens, including actions described in paragraph (a) of this Section, all at the expense of the Loan Parties.
AutoNDA by SimpleDocs
After-Acquired Assets. Each of the Sellers shall promptly assign, transfer and deliver to Purchaser, all assets, properties, rights and interests of whatever kind and nature, real and personal, tangible and intangible, included within the definition of Purchased Assets and received, held or acquired by such Seller from and after the Closing Date. Without limiting the generality of the foregoing, if after the Closing Sellers or Purchaser determines that any Intellectual Property Related to the Business (other than Intellectual Property included in the Excluded Assets) was not included in the Purchased Assets, Purchaser shall so notify the Sellers (if the Purchaser makes such determination), and the Sellers shall promptly assign, transfer and deliver to Purchaser such Intellectual Property Related to the Business. Each of Purchaser and Parent shall assign, transfer and deliver to Sellers, all assets, properties, rights and interests of whatever kind and nature, real and personal, tangible and intangible, included with the definition of Excluded Assets and received, held or acquired by Purchaser or Parent from and after the Closing Date.
After-Acquired Assets. Liabilities relating solely or principally to an After-acquired Asset shall not be treated as Diageo Liabilities or Pernod Ricard Liabilities (as the case may be) to the extent that txxx xxise out of any event or circumstance first occurring or existing on or prior to the Completion Date relating to such After-acquired Asset. Clause 5.1.5 shall also apply to liabilities relating to Acquired Assets which might otherwise be Diageo Liabilities or Pernod Ricard Liabilities.
After-Acquired Assets. Seller shall, and the Members shall use commercially reasonable efforts to cause Seller to, assign, transfer and deliver to Purchaser all assets, properties, rights and interests of whatever kind and nature, real and personal, tangible and intangible, included within the definition of Assets relating to the Business and received, held or acquired by Seller from and after the Closing Date.
Time is Money Join Law Insider Premium to draft better contracts faster.