Common use of Collateral and Guarantee Requirement Clause in Contracts

Collateral and Guarantee Requirement. Subject to the final paragraph of this Section 3.1, the Collateral and Guarantee Requirement shall have been satisfied. The Collateral Agent shall have received a completed Collateral Questionnaire in form and substance reasonably satisfactory to the Collateral Agent and the Arrangers, dated the Closing Date and executed by an Authorized Officer of each of the Borrower and the Acquired Company, together with all attachments contemplated thereby, including the results of a search of the UCC (or equivalent) filings made with respect to the Credit Parties in the jurisdictions contemplated by the Collateral Questionnaire and copies of the financing statements (or similar documents) disclosed by such search and evidence reasonably satisfactory to the Collateral Agent and the Arrangers that the Liens indicated by such financing statements (or similar documents) are Permitted Liens or have been, or substantially contemporaneously with the initial funding of Loans on the Closing Date will be, released.

Appears in 3 contracts

Samples: Counterpart Agreement (Fusion Connect, Inc.), Counterpart Agreement (Fusion Connect, Inc.), Pledge and Security Agreement (Fusion Connect, Inc.)

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Collateral and Guarantee Requirement. Subject to the final paragraph of this Section 3.1, the The Collateral and Guarantee Requirement shall have been satisfied, subject to the last paragraph of this Section 3.1. The Collateral Agent shall have received a completed Collateral Questionnaire in form and substance reasonably satisfactory to the Collateral Agent and the ArrangersAgent, dated the Closing Date and executed by an Authorized a Responsible Officer of each of the Borrower and the Acquired Company, together with all attachments contemplated thereby, including the results of a search of the UCC (or equivalent) filings made with respect to the Credit Parties in the jurisdictions contemplated by the Collateral Questionnaire and copies of the financing statements (or similar documents) disclosed by such search and evidence reasonably satisfactory to the Collateral Agent and the Arrangers that the Liens indicated by such financing statements (or similar documents) are Permitted Liens or have been, or substantially contemporaneously with the initial funding of Loans on the Closing Date will be, releasedreleased (or arrangements reasonably satisfactory to the Collateral Agent and the Arrangers shall have been made for the release of such Liens).

Appears in 3 contracts

Samples: Term Loan Credit Agreement (Chrysler Group LLC), Credit Agreement (Chrysler Group LLC), Credit Agreement (Chrysler Group LLC)

Collateral and Guarantee Requirement. Subject to the final paragraph of this Section 3.1, the The Collateral and Guarantee Requirement shall have been satisfied. The Collateral Agent shall have received a completed Collateral Questionnaire in form and substance reasonably satisfactory to the Collateral Agent and the ArrangersAgent, dated the Closing Date Date, duly completed and executed by an Authorized Officer of each of the Borrower Holdings and the Acquired CompanyBorrower, together with all attachments contemplated thereby, including the results of a search of the UCC (or equivalent) filings made with respect to the Credit Parties in the jurisdictions contemplated by the Collateral Questionnaire and copies of the financing statements (or similar documents) disclosed by such search and evidence reasonably satisfactory to the Collateral Agent and the Arrangers that the Liens indicated by such financing statements (or similar documents) are Permitted Liens or have been, or substantially contemporaneously with the initial funding of Loans on the Closing Date will be, released.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (CVR Partners, Lp), Credit and Guaranty Agreement (CVR Energy Inc)

Collateral and Guarantee Requirement. Subject to the final paragraph of this Section 3.1, the The Collateral and Guarantee Requirement shall have been satisfied. The Collateral Agent and the Lenders shall have received a completed Collateral Questionnaire in form and substance reasonably satisfactory to the Collateral Agent and the ArrangersRequisite Lenders, dated the Closing Date and executed by an Authorized Officer of each of the Borrower and the Acquired CompanyBorrower, together with all attachments contemplated thereby, including the results of a search of the UCC (or equivalent) filings made with respect to the Credit Parties in the jurisdictions contemplated by the Collateral Questionnaire and copies of the financing statements (or similar documents) disclosed by such search and evidence reasonably satisfactory to the Collateral Agent and the Arrangers Requisite Lenders that the Liens indicated by such financing statements (or similar documents) are Permitted Liens or have been, or substantially contemporaneously with the initial funding of Loans on the Closing Date will be, released.

Appears in 2 contracts

Samples: Super Senior Secured Credit Agreement (Fusion Connect, Inc.), Credit and Guaranty Agreement (Fusion Connect, Inc.)

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Collateral and Guarantee Requirement. (i) Subject to the final paragraph of this Section 3.1clause (ii) below, the Collateral and Guarantee Requirement shall have been satisfied. The Collateral Agent shall have received a completed Collateral Questionnaire in form and substance reasonably satisfactory to the Collateral Agent and the ArrangersAgent, dated the Closing Date and executed by an Authorized Officer of each of the Borrower and the Acquired CompanyBorrower, together with all attachments contemplated thereby, including the results of a search of the UCC (or equivalent) filings made with respect to the Credit Parties in the jurisdictions contemplated by the Collateral Questionnaire and copies of the financing statements (or similar documents) disclosed by such search and evidence reasonably satisfactory to the Collateral Agent and the Arrangers that the Liens indicated by such financing statements (or similar documents) are Permitted Liens or have been, or substantially contemporaneously with the initial funding of Loans on the Closing Date will be, released.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Tivity Health, Inc.)

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