Common use of Documentation for Additional Security Clause in Contracts

Documentation for Additional Security. The security interests required to be granted pursuant to this Section 7.12 shall be granted pursuant to such security documentation (which shall be substantially similar to the Security Documents already executed and delivered by the Credit Parties on the Restatement Date) reasonably satisfactory in form and substance to Agent and shall constitute valid and enforceable perfected security interests prior to the rights of all third Persons (subject to Permitted Liens) and subject to no other Liens except Permitted Liens. The Additional Security Documents and other instruments related thereto shall be duly recorded or filed in such manner and in such places and at such times as are required by law to establish, perfect, preserve and protect the Liens, in favor of Collateral Agent for the benefit of the Secured Creditors, required to be granted pursuant to the Additional Security Document and, all taxes, fees and other charges payable in connection therewith shall be paid in full by Borrower. At the time of the execution and delivery of the Additional Security Documents, Borrower shall cause to be delivered to the Collateral Agent such agreements, certificates, opinions of counsel and other related documents as may be reasonably requested by Agent to assure Agent that this Section 7.12 has been complied with.

Documentation for Additional Security. The security interests required to be granted pursuant to this Section 7.12 shall be granted pursuant to such security documentation (which shall be substantially similar to the Security Documents already executed and delivered by the Credit Parties on the Restatement Dateapplicable Borrower) reasonably satisfactory in form and substance to Administrative Agent and shall constitute valid and enforceable first priority perfected security interests prior (to the rights of all third Persons (subject to Permitted Liensextent such concepts exist in the relevant jurisdiction) and subject to no other Liens except Permitted Liens. The Additional Security Documents and other instruments related thereto shall be duly recorded or filed in such manner and in such places and at such times as are required by law to establish, perfect, preserve and protect the Lienssuch security interest, in favor of Collateral Agent for the benefit of the Secured CreditorsLenders, required to be granted pursuant to the Additional Security Document and, all taxes, fees and other charges payable in connection therewith shall be paid in full by BorrowerCompany. At the time of the execution and delivery of the Additional Security Documents, Borrower Company shall cause to be delivered to the Collateral Administrative Agent such agreements, certificates, opinions of counsel and other related documents as may be reasonably requested by Administrative Agent or the Required Lenders to assure Agent themselves that this Section 7.12 has been complied with.