Common use of Documents and Actions Relating to Collateral Clause in Contracts

Documents and Actions Relating to Collateral. The Lender shall have received, in form and substance satisfactory to it, results of such Lien searches as it shall reasonably request, and evidence that all filings, registrations and recordings have been made in the appropriate governmental offices, and all other action has been taken, which shall be necessary to create, in favor of the Lender, a perfected first priority Lien on the Collateral, subject only to Permitted Liens.

Appears in 4 contracts

Samples: Credit Agreement (Amerigon Inc), Credit Agreement (Amerigon Inc), Credit Agreement (Amerigon Inc)

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Documents and Actions Relating to Collateral. The Lender shall have received, in form and substance satisfactory to it, results of such Lien searches as it shall reasonably request, and evidence that all filings, registrations and recordings have been made in the appropriate governmental offices, and all other action has been taken, which shall be necessary to create, in favor of the Lender, a perfected first priority Lien on the Collateral, subject only to Permitted Liens.

Appears in 2 contracts

Samples: Loan Agreement (Harvest Capital Credit Corp), Credit Agreement (Amerigon Inc)

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