Common use of Business Outside Certain Jurisdictions Clause in Contracts

Business Outside Certain Jurisdictions. Have any material place of business or keep or store any tangible property (other than property or assets in transit) outside of those jurisdictions set forth in Schedule 9.1(11) unless prior to doing so (a) it provides prompt written notice to the Administrative Agent of the new jurisdiction; and (b) the Administrative Agent has obtained a perfected Lien in favour of the Administrative Agent on behalf of itself and the Lenders in such new jurisdiction with the same scope as the Liens held by, or granted to, the Administrative Agent on the Closing Date and, in this regard, it agrees to do all such acts and things and executes and delivers all such deeds, transfers, assignments and instruments as the - 105 - CREDIT AGREEMENT Administrative Agent may reasonably require in order to facilitate the Administrative Agent obtaining such Lien. (15)

Appears in 1 contract

Samples: Credit Agreement (Lithia Motors Inc)

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Business Outside Certain Jurisdictions. Have any material place of business or keep or store any tangible property (other than property or assets in transit) outside of those jurisdictions set forth in Schedule 9.1(11) unless prior to doing so (a) it provides prompt written notice to the Administrative Agent of the new jurisdiction; and (b) the Administrative Agent has obtained a perfected Lien in favour of the Administrative Agent on behalf of itself and the Lenders in such new jurisdiction with the same scope as the Liens held by, or granted to, the Administrative Agent on the Closing Date and, in this regard, it agrees to do all such acts and things and executes and delivers all such deeds, transfers, assignments and instruments as the - 105 - CREDIT AGREEMENT Administrative Agent may reasonably require in order to facilitate the Administrative Agent obtaining such Lien. (15)

Appears in 1 contract

Samples: Credit Agreement (Lithia Motors Inc)

Business Outside Certain Jurisdictions. Have any material place of business or keep or store any tangible property (other than property or assets in transit) outside of those jurisdictions set forth in Schedule 9.1(118.1(10) unless prior to doing so (a) it provides prompt written notice to the Administrative Agent of the new jurisdiction; and (b) the Administrative Agent has obtained a perfected Lien in favour of the Administrative Agent on behalf of itself and the Lenders in such new jurisdiction with the same scope as the Liens held by, or granted to, to the Administrative Agent on the Closing Date and, in this regard, it agrees to do all such acts and things and executes execute and delivers deliver all such deeds, transfers, assignments and instruments as the - 105 - CREDIT AGREEMENT Administrative Agent may reasonably require in order to facilitate the Administrative Agent obtaining such Lien. (15).

Appears in 1 contract

Samples: Credit Agreement (Tricon Residential Inc.)

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Business Outside Certain Jurisdictions. Have any material place of business or keep or store any tangible property (other than property or assets in transit) outside of those jurisdictions set forth in Schedule 9.1(118.1(10) unless prior to doing so (a) it provides prompt written notice to the Administrative Agent of the new jurisdiction; and (b) the Administrative Agent has obtained a perfected Lien in favour of the Administrative Agent on behalf of itself and the Lenders in such new jurisdiction with the same scope as the Liens held by, or granted to, to the Administrative Agent on as of the Closing Restatement Date and, in this regard, it agrees to do all such acts and things and executes execute and delivers deliver all such deeds, transfers, assignments and instruments as the - 105 - CREDIT AGREEMENT Administrative Agent may reasonably require in order to facilitate the Administrative Agent obtaining such Lien. (1517)

Appears in 1 contract

Samples: Credit Agreement (Tricon Residential Inc.)

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