Common use of After-Acquired Collateral Clause in Contracts

After-Acquired Collateral. If the Issuers or any Subsidiary Guarantor creates additional security interest upon any After-Acquired Property to secure any First Priority Lien Obligations, the Issuers or such Subsidiary Guarantor shall execute and deliver such mortgages, deeds of trust, security instruments, financing statements, certificates and opinions of counsel as shall be reasonably necessary to vest in the Collateral Agent, a perfected security interest, subject only to Permitted Liens, in such After-Acquired Property and to have such After-Acquired Property (but subject to limitations as described in Article XI and the Security Documents) added to the Collateral, and thereupon all provisions of this Indenture 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; provided, however, that if granting such second-priority security interest in such After-Acquired Property requires the consent of a third party, the Company shall use commercially reasonable efforts to obtain such consent with respect to the second-priority interest for the benefit of the Collateral Agent on behalf of the holders of the Notes; provided, further, however, that if such third party does not consent to the granting of such second-priority security interest after the use of such commercially reasonable efforts, the Issuers or such Subsidiary Guarantor, as the case may be, shall not be required to provide such security interest.

After-Acquired Collateral. If the Issuers Issuer or any Subsidiary Guarantor creates (or perfects) additional security interest upon any After-Acquired Property Collateral to secure any First Priority Lien Obligations, the Issuers Issuer or such Subsidiary Guarantor shall execute and deliver such mortgages, deeds of trust, security instruments, financing statements, certificates and opinions of counsel as shall be reasonably necessary to vest in the Notes Collateral Agent, a perfected security interest, subject only to Permitted Liens, in such After-Acquired Property Collateral and to have such After-Acquired Property Collateral (but subject to limitations as described in Article XI and the Security Documents) added to the Collateral, and thereupon all provisions of this Indenture relating to the Collateral shall be deemed to relate to such After-Acquired Property Collateral to the same extent and with the same force and effect; provided, however, that if granting such second-priority security interest in such After-Acquired Property Collateral requires the consent of a third party, the Company Issuer shall use commercially reasonable efforts to obtain such consent with respect to the second-priority interest for the benefit of the Notes Collateral Agent on behalf of the holders Holders of the Notes; provided, further, however, that if such third party does not consent to the granting of such second-priority security interest after the use of such commercially reasonable efforts, the Issuers Issuer or such Subsidiary Guarantor, as the case may be, shall not be required to provide such security interest.

After-Acquired Collateral. If From and after the Issuers Issue Date, upon the acquisition by the Company or any Subsidiary Guarantor creates additional security interest upon of any Capital Stock of Guarantors or Persons owned directly by Guarantors (“After-Acquired Property to secure any First Priority Lien ObligationsCollateral”), the Issuers Company or such Subsidiary Guarantor shall execute and deliver such mortgages, deeds of trust, security instruments, financing statements, certificates and opinions of counsel as shall be reasonably necessary to vest in the Collateral Agent, Trustee a perfected security interest, subject only to Permitted Collateral Liens, in such After-Acquired Property Collateral and to have such After-Acquired Property (but subject to limitations as described in Article XI and the Security Documents) Collateral added to the Collateral, and thereupon all provisions of this Indenture relating to the Collateral shall be deemed to relate to such After-Acquired Collateral Property to the same extent and with the same force and effect; provided, however, that if granting such second-priority security interest in such After-Acquired Property Collateral requires the consent of a third party, the Company shall will use commercially reasonable efforts to obtain such consent with respect to the second-priority security interest for the benefit of the Collateral Agent Trustee on behalf of the holders Holders of the Notes; provided, provided further, however, that if such third party does not consent to the granting of such second-priority security interest after the use of such commercially reasonable efforts, the Issuers Company or such Subsidiary Guarantor, as the case may be, shall will not be required to provide such security interest.

After-Acquired Collateral. If the Issuers or any Subsidiary Guarantor creates additional security interest upon any After-Acquired Property to secure any First Priority Lien Obligations, the Issuers or such Subsidiary Guarantor shall execute and deliver such mortgages, deeds of trust, security instruments, financing statements, statements and certificates and opinions of counsel as shall be reasonably necessary to vest in the Collateral Agent, a perfected second-priority security interest, subject only to Permitted Liens, in such After-Acquired Property and to have such After-Acquired Property (but subject to limitations as described in Article XI and the Security DocumentsDocuments and the First Lien/Second Lien Intercreditor Agreement) added to the Collateral, and thereupon all provisions of this Indenture 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; provided, however, that if granting such second-priority security interest in such After-Acquired Property requires the consent of a third party, the Company shall use commercially reasonable efforts to obtain such consent with respect to the second-priority interest for the benefit of the Collateral Agent on behalf of the holders of the Notes; provided, further, however, that if such third party does not consent to the granting of such second-priority security interest after the use of such commercially reasonable efforts, the Issuers or such Subsidiary Guarantor, as the case may be, shall not be required to provide such security interest.