Common use of Credit Security Clause in Contracts

Credit Security. Not later than five days after the Acquisition Closing Date, the Borrower shall (A) deliver to the Agent such financing statements, mortgages and other documentation as the Agent shall request to attach a security interest to the assets of such new Subsidiary and to perfect such security interests and (B) deliver to the Agent all of the capital stock of such new Subsidiary (or make other arrangement reasonably satisfactory to the Agent to perfect the security interest of the Lenders in any equity interest in such new Subsidiary). The failure of the Borrower to comply with this Section 6.21.1(c) shall constitute an Event of Default; and

Credit Security. Not later than five days after the Acquisition --------------- Closing Date, the Borrower shall (A) deliver to the Agent such financing statements, mortgages and other documentation as the Agent shall request to attach a security interest to the assets of such new Subsidiary and to perfect such security interests and (B) deliver to the Agent all of the capital stock of such new Subsidiary (or make other arrangement reasonably satisfactory to the Agent to perfect the security interest of the Lenders in any equity interest in such new Subsidiary). The failure of the Borrower to comply with this Section 6.21.1(c) shall constitute an Event of Default; and