Collateral Call. The Borrower agrees that it will, and will cause any other Person owning any interest in the Borrower or any Restricted Subsidiary or other GCI Entity from time to time to immediately pledge such interest (other than with respect to a pledge of the Capital Stock of Parents and to the extent permitted by the Indenture) to secure the Obligations, pursuant to a pledge agreement substantially in the form of the Pledge Agreements. The Borrower agrees to, and agrees to cause the Restricted Subsidiaries and each other GCI Entity to, promptly grant the Administrative Agent and the Lenders from time to time at the request of the Lenders a Lien on any of the Property of the Borrower or other GCI Entity (other than GCI) not already constituting Collateral, to the extent permitted by the Indenture. In that regard, the Borrower 0100.0269\91958 44 shall, and shall cause each other GCI Entity to, use best efforts to assist the Administrative Agent and the Lenders in creating and perfecting a first Lien for the benefit of Administrative Agent and Lenders securing the Obligations in any such Property of the Borrower and each other GCI Entity, subject to Permitted Liens (except for the Lien on the Capital Stock of GCI Leasing Co, Inc., which shall be a second Lien to the Prior Stock Lien)(other than GCI), including, without limitation, providing the Administrative Agent with title commitments, appraisals, surveys (with flood plain certification), mortgagee title insurance, evidence of insurance including flood hazard insurance, environmental audits, UCC-11 searches, Tax and Lien searches, recorded real estate documents, intellectual property documentation and registration and other similar types of documents, consents, Authorizations, instruments and agreements relating to all Property of the Borrower and each other GCI Entity (other than GCI) as reasonably requested by the Administrative Agent from time to time.
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Sources: Credit Agreement (Gci Inc)
Collateral Call. The Borrower agrees that it will, and will cause any other Person owning any interest in the Borrower or any Restricted Subsidiary or other GCI Entity from time to time to immediately pledge such interest (other than with respect to a pledge of the Capital Stock of Parents and to the extent permitted by the Indenture) to secure the Obligations, pursuant to a pledge agreement substantially in the form of the Pledge Agreements. The Borrower agrees to, and agrees to cause the Restricted Subsidiaries and each other GCI Entity to, promptly grant the Administrative Agent and the Lenders from time to time at the request of the Lenders a Lien on any of the Property of the Borrower or other GCI Entity (other than GCI) not already constituting Collateral, to the extent permitted by the Indenture. In that regard, the Borrower 0100.0269\91958 44 shall, and shall cause each other GCI Entity to, use best efforts to assist the Administrative Agent and the Lenders in creating and perfecting a first Lien for the benefit of Administrative Agent and Lenders securing the Obligations in any such Property of the Borrower and each other GCI Entity, subject to Permitted Liens (except for the Lien on the Capital Stock of GCI Leasing 100\269\91946 42 Co, Inc., which shall be a second Lien to the Prior Stock Lien)(other than GCI), including, without limitation, providing the Administrative Agent with title commitments, appraisals, surveys (with flood plain certification), mortgagee title insurance, evidence of insurance including flood hazard insurance, environmental audits, UCC-11 searches, Tax and Lien searches, recorded real estate documents, intellectual property documentation and registration and other similar types of documents, consents, Authorizations, instruments and agreements relating to all Property of the Borrower and each other GCI Entity (other than GCI) as reasonably requested by the Administrative Agent from time to time.
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Collateral Call. The Borrower agrees that it willagrees: (i) upon the creation, and will cause --------------- formation or acquisition of any other Person owning any interest in direct or indirect Subsidiary of the Borrower or any Restricted Subsidiary or other GCI Entity from time to time Borrower, to immediately pledge such interest (other than with respect to a pledge 100% of the Capital Stock of Parents and to the extent permitted by the Indenture) any such Subsidiary to secure the Obligations, pursuant to a pledge agreement substantially in the form of Exhibit J hereto, and to promptly deliver to the Pledge Agreements. The Borrower agrees Administrative Agent all --------- certificates or other documentation evidencing 100% of such Capital Stock and, if such Capital Stock is stock of a corporation, together with stock powers executed in blank, and to cause such new Subsidiary to execute a Guaranty of the Obligations in the form of Exhibit G hereto and (ii) to, and agrees to cause the Restricted --------- Subsidiaries and each other GCI Entity of the Borrower to, promptly grant the Administrative Agent and the Lenders from time to time at the request of the Lenders time, a Lien on any of the Property of the Borrower or other GCI Entity (other than GCI) any Subsidiary of the Borrower that is not already constituting Collateralsubject to a perfected Lien, excluding all leasehold real estate. The Borrower shall comply with Section 6.15(a), (b) and (d) hereof with respect to the extent permitted all owned or acquired real estate by the IndentureBorrower or any Subsidiary from time to time. In that regard, the The Borrower 0100.0269\91958 44 shall, and shall cause each other GCI Entity the Subsidiaries of the Borrower to, use best efforts to assist the Administrative Agent and the Lenders in creating and perfecting a first Lien provide for the benefit of Administrative Agent and Lenders securing the Obligations in any such other Property of the Borrower and each other GCI Entityits Subsidiaries, subject all items to Permitted Liens (except for fully effect the Lien on the Capital Stock of GCI Leasing Co, Inc., which shall be a second Lien to the Prior Stock Lien)(other than GCI)foregoing, including, without limitation, providing the Administrative Agent with title commitmentsUCC-1's together with, new security agreements, appraisals, surveys (with flood plain certification), mortgagee title insurance, evidence of insurance including flood hazard insurance, environmental audits, UCC-11 searches, Tax and Lien searches, recorded real estate documents, intellectual property documentation and registration and other similar types of documents, consents, Authorizationsauthorizations, Licenses, instruments and agreements relating to all Property of the Borrower and each other GCI Entity (other than GCI) its Subsidiaries as reasonably requested by the Administrative Agent from time to time, and at the request of the Administrative Agent, opinions of local legal counsel with respect to the execution and filing thereof, and perfection of Liens created thereby. Notwithstanding the foregoing, in no event shall the Borrower be obligated to grant, or perfect, any new leasehold mortgage or leasehold deed of trust.
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Collateral Call. The Borrower agrees that it will, and will cause any other Person owning any interest in the Borrower or any Restricted Subsidiary or other GCI Entity the Parent from time to time to immediately pledge such interest (other than with respect to a pledge of the Capital Stock of Parents and to the extent permitted by the Indenture) to secure the Obligations, pursuant to a pledge agreement substantially in the form of the Pledge Agreements. The Borrower agrees to, and agrees to cause the Parent and Restricted Subsidiaries and each other GCI Entity to, promptly grant the Administrative Agent and the Lenders from time to time at the request of the Lenders a Lien on any of the Property of the Borrower or other GCI Entity (other than GCI) Borrower, the Parent, and the Restricted Subsidiaries not already constituting Collateral, Collateral to the extent permitted by the Indenture, including, without limitation (on a best efforts basis), Liens on leasehold estates by no later than 120 days following the Closing Date. In that regard, the Borrower 0100.0269\91958 44 shall, and shall cause each other GCI Entity to, use best efforts to assist the Administrative Agent and the Lenders in creating and perfecting a first Lien for the benefit of Administrative Agent and the Lenders securing the Obligations in any such Property of the Borrower Borrower, the Parent and each other GCI Entitythe Restricted Subsidiaries, subject to Permitted Liens (except for the Lien on the Capital Stock of GCI Leasing Co, Inc., which shall be a second Lien to the Prior Stock Lien)(other than GCI)Liens, including, without limitation, providing the Administrative Agent with title commitments, appraisals, surveys (with flood plain certification), mortgagee title insurance, evidence of insurance insurance, including flood hazard insurance, environmental audits, UCC-11 searches, Tax and Lien searches, recorded real estate documents, intellectual property documentation and registration and other similar types of documents, consents, Authorizations, instruments and agreements relating to all Property of the Borrower Borrower, the Parent and each other GCI Entity (other than GCI) the Restricted Subsidiaries as reasonably requested by the Administrative Agent from time to time.
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Collateral Call. The Borrower agrees that it willagrees: (i) upon the creation, and will cause --------------- formation or acquisition of any other Person owning any interest in direct or indirect Subsidiary of the Borrower or any Restricted Subsidiary or other GCI Entity from time to time Borrower, to immediately pledge such interest (other than with respect to a pledge 100% of the Capital Stock of Parents and to the extent permitted by the Indenture) any such Subsidiary to secure the Obligations, pursuant to a pledge agreement substantially in the form of Exhibit J hereto, and to promptly deliver to the Pledge Agreements. The Borrower agrees Administrative Lender all certificates or other documentation evidencing 100% of such Capital Stock and, if such Capital Stock is stock of a corporation, together with stock powers executed in blank and (ii) to, and agrees to cause the Restricted Subsidiaries and each other GCI Entity of the Borrower to, promptly grant the Administrative Agent Lender and the Lenders from time to time at the request of the Lenders a Lien on any of the Property of the Borrower or other GCI Entity (other than GCI) any Subsidiary of the Borrower that is not already constituting Collateral, subject to the extent permitted by the Indenturea perfected Lien. In that regard, the Borrower 0100.0269\91958 44 shall, and shall cause each other GCI Entity the Subsidiaries of the Borrower to, provide all items on Schedule 2.16 attached hereto with respect to each leasehold property acquired by the Borrower or any Subsidiary of the Borrower, and use best efforts to assist the Administrative Agent Lender and the Lenders in creating and perfecting a first Lien Lien, subject to Permitted Liens, for the benefit of Administrative Agent Lender and Lenders securing the Obligations in any such other Property of the Borrower and each other GCI Entity, subject to Permitted Liens (except for the Lien on the Capital Stock of GCI Leasing Co, Inc., which shall be a second Lien to the Prior Stock Lien)(other than GCI)its Subsidiaries, including, without limitation, providing the Administrative Agent Lender with title commitmentsUCC-1's, new security agreements, mortgages, deeds of trust, appraisals, surveys (with flood plain certification)surveys, mortgagee title insuranceEstoppel and Attornment Language, evidence of insurance including flood hazard insurance, environmental audits, UCC-11 searches, Tax and Lien searches, recorded real estate documents, intellectual property documentation and registration and other similar types of documents, consents, Authorizationsauthorizations, Licenses, instruments and agreements relating to all Property of the Borrower and each other GCI Entity (other than GCI) its Subsidiaries as reasonably requested by the Administrative Agent Lender from time to time. Notwithstanding anything in this Section 2.16(b) to the contrary, the Borrower shall only be obligated to grant collateral to the extent necessary to remain in compliance with Section 6.15 hereof.
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