Common use of CONDITIONS SUBSEQUENT TO CLOSING DATE Clause in Contracts

CONDITIONS SUBSEQUENT TO CLOSING DATE. Use its best efforts to deliver to the Agent, in form and substance satisfactory to the Agent and in sufficient copies for each Bank, as soon as possible and in any event within 45 days after the Closing Date (or such later date as may be agreed by the Company and the Agent): (a) acknowledgment copies of proper financing statements (including, without limitation, all UCC-1 financing statements and all UCC-3 termination statements), duly filed under the Uniform Commercial Code of all jurisdictions that the Agent may deem necessary or desirable in order to perfect and protect the first priority liens and security interests created under the Security Agreement, covering the Collateral described in the Security Agreement, (b) completed requests for information, listing the financing statements referred to in clause (a) above and all other effective financing statements filed in the jurisdictions referred to in clause (a) above that name any Loan Party as debtor, together with copies of such financing statements, (c) evidence that all other action as the Agent may deem necessary or desirable in order to perfect and protect the first priority liens and security interests created under the Security Agreement has been taken (including, without limitation, obtaining landlord's letters, bailee's letters or warehouseman's letters, each in form and substance reasonably satisfactory to the Agent), and (d) certificates representing the reissued Pledged Shares (as defined in the Security Agreement) of Allied Plywood Corporation, Gold▇▇▇▇▇▇ ▇▇▇up, Inc., 69 63 Richwood Building Products, Inc. and Great Lakes Windows, Inc., respectively, together with undated stock powers executed in blank.

Appears in 1 contract

Sources: Credit Agreement (Nortek Inc)

CONDITIONS SUBSEQUENT TO CLOSING DATE. Use its best efforts to deliver to the Agent, in form and substance satisfactory to the Agent and in sufficient copies for each Bank, as soon as possible and in any event within 45 days after the Closing Date (or such later date as may be agreed by the Company and the Agent): (a) acknowledgment copies of proper financing statements (including, without limitation, all UCC-1 financing statements and all UCC-3 termination statements), duly filed under the Uniform Commercial Code of all jurisdictions that the Agent may deem necessary or desirable in order to perfect and protect the first priority liens and security interests created under the Security Agreement, covering the Collateral described in the Security Agreement, , (b) completed requests for information, listing the financing statements referred to in clause (a) above and all other effective financing statements filed in the jurisdictions referred to in clause (a) above that name any Loan Party as debtor, together with copies of such financing statements, , (c) evidence that all other action as the Agent may deem necessary or desirable in order to perfect and protect the first priority liens and security interests created under the Security Agreement has been taken (including, without limitation, obtaining landlord's letters, bailee's letters or warehouseman's letters, each in form and substance reasonably satisfactory to the Agent), and and (d) certificates representing the reissued Pledged Shares (as defined in the Security Agreement) of Allied Plywood Corporation, Gold▇▇▇▇▇▇▇▇▇▇ ▇▇▇upGroup, Inc., 69 63 Richwood Building Products, Inc. and Great Lakes Windows, Inc., respectively, together with undated stock powers executed in blank.

Appears in 1 contract

Sources: Credit Agreement (Nortek Inc)