Common use of After-Acquired Collateral Clause in Contracts

After-Acquired Collateral. (a) Unless otherwise directed by an Act of Required Debtholders pursuant to the Guarantee and Collateral Agreement, with respect to any property acquired after the date of this Indenture by the Company or any Grantor (other than any property described in clauses (b)-(d) of this Section 4.15) as to which the Collateral Agent, for the benefit of the Secured Parties, does not have a perfected Lien, the Company and each applicable Grantor shall promptly:

After-Acquired Collateral. (a) Unless otherwise directed by an Act of Required Debtholders pursuant to the Guarantee and Collateral Agreement, with With respect to any property acquired after the date of this Indenture Effective Date by the Company Borrower or any Grantor Guarantor (other than (x) property constituting an “Excluded Asset” under (and as defined in) the Pledge and Security Agreement and (y) any property described in clauses (b)-(d) of this Section 4.155.9) as to which the Collateral Agent, for the benefit of the Secured Parties, does not have a perfected Lien, the Company Borrower and each applicable Grantor Guarantor shall promptly: