Common use of Delivery of Secured Instruments Clause in Contracts

Delivery of Secured Instruments. On the Effective Date, the Grantors shall deliver to the Collateral Agent copies of each Secured Instrument certified as such to the Collateral Agent by a Responsible Officer of the Company, then in effect, original counterparts of each Security Document then in effect and any opinions issued by counsel to the Grantors in connection with such Secured Instruments, and, if not addressed in the above referenced opinion, an opinion of counsel to Grantors as to the due authorization, execution, delivery and enforceability of this Agreement as against the Grantors. The Grantors shall deliver to the Collateral Agent, promptly upon the execution thereof, a copy of all amendments, modifications, supplements, waivers, consents or forbearances with respect to any Secured Instrument entered into after the Effective Date. Promptly upon the issuance of any Refinancing Debt or Designated Indebtedness, the Company shall deliver to the Collateral Agent copies of the related Security Documents with respect to such Refinancing Debt or Designated Indebtedness. Promptly upon receipt thereof, the Collateral Agent will deliver copies of all such documents to the Primary Holder Representatives.

Appears in 1 contract

Samples: Collateral Agency and Intercreditor Agreement (American Capital, LTD)

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Delivery of Secured Instruments. On the Effective Date, the Grantors shall deliver to the Collateral Agent copies of each Secured Instrument (other than the Credit Agreement and the Secured Notes Indenture) certified as such to the Collateral Agent by a Responsible Officer of the Company, then in effect, original counterparts of each Security Document then in effect and any opinions issued by counsel to the Grantors in connection with such Secured Instruments, and, if not addressed in the above referenced opinion, an opinion of counsel to Grantors as to the due authorization, execution, delivery and enforceability of this Agreement as against the Grantors. The Grantors shall deliver to the Collateral Agent, promptly upon the execution thereof, a copy of all amendments, modifications, supplements, waivers, consents or forbearances with respect to any Secured Instrument entered into after the Effective Date. Promptly upon the issuance incurrence of any Refinancing Debt Debt, Other Credit Facility Pari Passu Lien Obligations or Designated IndebtednessOther Secured Notes Pari Passu Lien Obligations, the Company shall deliver to the Collateral Agent copies of all documents or instruments pursuant to which such obligations have been or will be incurred or otherwise governing the related Security Documents with respect to such Refinancing Debt terms or Designated Indebtednessconditions thereof. Promptly upon receipt thereof, the Collateral Agent will deliver or make available copies of all such documents to the Primary all Holder Representatives.

Appears in 1 contract

Samples: Collateral Agency and Intercreditor Agreement (FS Energy & Power Fund)

Delivery of Secured Instruments. On the Effective Date, the Grantors shall deliver to the Collateral Agent Trustee copies of each Secured Instrument certified as such to the Collateral Agent Trustee by a Responsible Officer of the Company, then in effect, original counterparts of each Trust Security Document then in effect and any opinions issued by counsel to the Grantors in connection with such Secured Instruments, and, if not addressed in the above referenced opinion, an opinion of counsel to Grantors as to the due authorization, execution, delivery and enforceability of this Agreement as against the Grantors. The Grantors shall deliver to the Collateral AgentTrustee, promptly upon the execution thereof, a copy of all amendments, modifications, supplements, waivers, consents or forbearances with respect to any Secured Instrument entered into after the Effective Date. Promptly upon the issuance of any Refinancing Debt or Designated IndebtednessDebt, the Company shall deliver to the Collateral Agent Trustee copies of the related Trust Security Documents with respect to such Refinancing Debt or Designated IndebtednessDebt. Promptly upon receipt thereof, the Collateral Agent Trustee will deliver copies of all such documents to the Primary Holder Representatives.

Appears in 1 contract

Samples: Collateral Trust and Intercreditor Agreement (American Capital, LTD)

Delivery of Secured Instruments. On the Effective Datedate hereof, the Grantors shall deliver to the Collateral Agent Trustee (a) copies of each Secured Instrument certified as such to the Collateral Agent Trustee by a Responsible Officer of the Company, then in effect, (b) original or electronic “PDF” counterparts of each Trust Security Document then in effect and (c) any opinions issued by counsel to the Grantors in connection with such Secured Instruments, and, if not addressed in the above referenced opinion, an opinion Opinion of counsel Counsel to Grantors as to the due authorization, execution, delivery and enforceability of this Agreement as against the Grantors. The Grantors shall deliver to the Collateral AgentTrustee, promptly upon after the execution thereof, a copy of all amendments, modifications, supplements, waivers, consents or forbearances with respect to any Secured Instrument entered into after the Effective Datedate hereof. Promptly upon the issuance of any Refinancing Debt or Designated IndebtednessDebt, the Company shall deliver to the Collateral Agent Trustee copies of the related Trust Security Documents with respect to such Refinancing Debt or Designated IndebtednessDebt. Promptly upon receipt thereof, the Collateral Agent Trustee will deliver copies of all such documents to the Primary Holder Representatives.

Appears in 1 contract

Samples: Collateral Trust Agreement (YRC Worldwide Inc.)

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Delivery of Secured Instruments. On the Effective Date, the Grantors shall deliver to the Collateral Agent Trustee copies of each Secured Instrument certified as such to the Collateral Agent Trustee by a Responsible Officer of the Company, then in effect, original counterparts of each Trust Security Document then in effect and any opinions issued by counsel to the Grantors in connection with such Secured Instruments, and, if not addressed in the above referenced opinion, an opinion of counsel to Grantors as to the due authorization, execution, delivery and enforceability of this Agreement as against the Grantors. The Grantors shall deliver to the Collateral AgentTrustee, promptly upon the execution thereof, a copy of all amendments, modifications, supplements, waivers, consents or forbearances with respect to any Secured Instrument entered into after the Effective Date. Promptly upon the issuance of any Refinancing Debt or Designated IndebtednessRevolver Secured Debt, the Company shall deliver to the Collateral Agent Trustee copies of the related Trust Security Documents with respect to such Refinancing Debt or Designated IndebtednessRevolver Secured Debt. Promptly upon receipt thereof, the Collateral Agent Trustee will deliver copies of all such documents to the Primary Holder Representatives.

Appears in 1 contract

Samples: Collateral Trust and Intercreditor Agreement (American Capital, LTD)

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