Dutch Security Documents Clause Samples

The 'Dutch Security Documents' clause defines the legal instruments used to create and perfect security interests over assets located in the Netherlands. Typically, this clause outlines the types of documents—such as deeds of pledge or mortgage—that must comply with Dutch law to ensure the lender's rights are enforceable. By specifying the required forms and procedures, the clause ensures that security interests are valid and effective under Dutch jurisdiction, thereby protecting the lender's interests and reducing the risk of unenforceable collateral.
Dutch Security Documents. For purposes of the Dutch Security Documents, any resignation by the Agent is not effective with respect to its rights under any parallel debt obligations until all rights and obligations with respect to such parallel debt obligations have been assigned to and assumed by the successor Agent. The Agent will cooperate in assigning its right under the parallel debt obligations to any such successor agent and will cooperate in transferring all rights under any Dutch Security Document to such successor agent.
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Dutch Security Documents. A first ranking deed of pledge of shares with respect to the shares in the capital of Sappi Maastricht B.V.
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Dutch Security Documents. 3.1 Deed of disclosed pledge over receivables entered into by the Dutch Borrower and Constellium Holdco II B.V. in respect of bank accounts and intercompany claims. 3.2 First ranking notarial deed of disclosed pledge of shares entered into by the Dutch Borrower in respect of its shares in Constellium Holdco II B.V. 3.3 Deed of disclosed pledge over receivables entered into by Constellium Extrusions Děčín s.r.o. in respect of intercompany claims. 3.4 Deed of transfer by and between the Existing Administrative Agent, the Administrative Agent, the Dutch Borrower, Constellium Holdco II B.V. and Constellium Extrusions Děčín s.r.o. 3.5 Second ranking notarial deed of disclosed pledge, entered into by the Dutch Borrower in respect of its shares in Constellium Holdco II B.V.
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Dutch Security Documents. The Deed of Disclosed Pledge Over Receivables (Intercompany Claims), dated April 23, 2010, over intercompany receivables, among Patheon B.V. as ▇▇▇▇▇▇▇ and the Collateral Agent. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ LLP ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇.▇. ▇▇▇▇▇-▇▇▇▇ FACSIMILE: (▇▇▇) ▇▇▇-▇▇▇▇ DIRECT DIAL NUMBER E-MAIL ADDRESS JPMorgan Chase Bank, N.A., as US Administrative Agent under the Amended and Restated Revolving Credit Agreement, as hereinafter defined (the “Administrative Agent”), and The Lenders listed on Schedule I hereto Re: Amended and Restated Revolving Credit Agreement, dated as of April 23, 2010 (the “Credit Agreement”), among Patheon Inc., the Subsidiaries of Patheon Inc. named therein, the Lenders party thereto, JPMorgan Chase Bank, N.A., as US Administrative Agent, JPMorgan Chase Bank, N.A. Toronto Branch, as Canadian Administrative Agent and ▇.▇. ▇▇▇▇▇▇ Europe Limited, as European Administrative Agent. Ladies and Gentlemen: We have acted as counsel to Patheon Pharmaceuticals Inc., a Delaware corporation (the “US Borrower”). Patheon P.R. LLC, Patheon U.S. Holdings LLC and Patheon Finance LLC, each a Delaware limited liability company, and Patheon U.S. Holdings Inc. and Patheon Pharmaceuticals Services Inc., each a Delaware corporation (collectively the “US Guarantors”; the US Borrower and the US Guarantors being referred to herein collectively as the “US Credit Parties”), Patheon Inc., a Canadian corporation and the Subsidiaries of Patheon Inc. listed on Schedule II hereto (collectively the “Non-US Credit Parties”, and collectively with the US Credit Parties the “US/Non-US Credit Parties”) in connection with the preparation, execution and delivery of the following documents: (i) the Credit Agreement; (ii) the Intercreditor Agreement; (iii) the Guarantor Agreement; (iv) the US Collateral Agreement; and (v) the US Revolving Security Agreement dated April 23, 2010 between Patheon International AG and the Collateral Agent. The documents described in the foregoing clauses (i) through (v) are collectively referred to herein as the “Credit Documents”; the documents described in the foregoing clauses (iv) and (v) are referred to herein as the “Security Documents”. Unless otherwise indicated, capitalized terms used but not defined herein shall have LOS ANGELES PALO ALTO WASHINGTON, D.C. BEIJING HONG KONG LONDON TOKYO ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ LLP -2- April 23, 2010 the respective meanings set forth in the Credit Agreement. This opinion is delivered to you pu...
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Dutch Security Documents. 1. Deed of Pledge of Membership Interests (Second Ranking), dated as of July 12, 2013, between Colt Defense and CDTS as Pledgors, Agent as Pledgee and Colt Netherlands as Cooperative. 2. Deed of Pledge of Accounts (Second Ranking), dated as of July 12, 2013, between Colt Netherlands as Pledgor and Agent as Pledgee. 3. Charged Account Control Deed, dated as of July 12, 2013, among Colt Netherlands, Agent and Bank of America, N.A.
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Dutch Security Documents. 1. First ranking deed of pledge of shares with respect to the shares in the capital of Sappi Maastricht B.V. 2. First ranking deed of pledge of shares with respect to the shares in the capital of Sappi Nijmegen B.V. 3. First ranking deed of pledge of shares with respect to the shares in the capital of Sappi Netherlands B.V. 4. First ranking deed of pledge of intercompany receivables of Sappi Netherlands B.V. 5. First ranking deed of mortgage and pledge with respect to the land, plant and paper machines at Maastricht and Nijmegen, the Netherlands, granted by Sappi Maastricht B.V. and Sappi Nijmegen B.V.
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Dutch Security Documents. The Dutch Credit Parties shall have duly executed and delivered all of the Dutch Security Documents required by the Administrative Agent and the Foreign Collateral Agent and a perfection or information certificate, each of which shall be in form and substance satisfactory to the Administrative Agent and the Foreign Collateral Agent. In addition, the Administrative Agent and the Foreign Collateral Agent shall have received and filed proper UCC financing statements (or other relevant documentation necessary to perfect Liens in the applicable jurisdictions) in proper form for filing under the applicable laws of each relevant jurisdiction covering the Collateral.
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Dutch Security Documents. Each of the following (for the avoidance of doubt to the extent permitted by applicable law) in form and substance reasonably satisfactory to the Collateral Agent, in each case, shall be (x) completed or delivered to the Collateral Agent (or its designee) within thirty (30) days following the Closing Date (other than items 3 and 6 below which shall be completed and delivered within ninety (90) days following the Closing Date) and (y) accompanied by any other documents, certificates, evidences of authority and authorization as are customary in the Netherlands:
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Related to Dutch Security Documents

  • Security Documents (a) The Collateral Agreement and the Holdings Guarantee and Pledge Agreement are effective to create in favor of the Collateral Agent (for the benefit of the Secured Parties), in each case, a legal, valid and enforceable security interest in the Collateral described therein and proceeds thereof. As of the Closing Date, in the case of the Pledged Collateral described in the Collateral Agreement and the Holdings Guarantee and Pledge Agreement, when certificates or promissory notes, as applicable, representing such Pledged Collateral and required to be delivered under the applicable Security Document are delivered to the Collateral Agent, and in the case of the other Collateral described in the Collateral Agreement (other than the Intellectual Property), when financing statements and other filings specified in the Perfection Certificate are filed in the offices specified in the Perfection Certificate, the Collateral Agent (for the benefit of the Secured Parties) shall have a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties in such Collateral and, subject to Section 9-315 of the New York Uniform Commercial Code, the proceeds thereof, as security for the Obligations to the extent perfection can be obtained by filing Uniform Commercial Code financing statements, in each case prior and superior in right to the Lien of any other person (except (x) Liens having priority by operation of law and (y) in the case of Collateral other than certificated securities and instruments of which the Collateral Agent has possession, Permitted Liens). (b) When the Collateral Agreement or an ancillary document thereunder is properly filed and recorded in the United States Patent and Trademark Office and the United States Copyright Office, and, with respect to Collateral in which a security interest cannot be perfected by such filings, upon the proper filing of the financing statements referred to in clause (a) above, the Collateral Agent (for the benefit of the Secured Parties) shall have a fully perfected Lien on, and security interest in, all right, title and interest of the Loan Parties thereunder in the United States Intellectual Property included in the Collateral (but, in the case of the United States registered copyrights included in the Collateral, only to the extent such United States registered copyrights are listed in such ancillary document filed with the United States Copyright Office) listed in such ancillary document, in each case prior and superior in right to the Lien of any other person, except for Permitted Liens (it being understood that subsequent recordings in the United States Patent and Trademark Office and the United States Copyright Office may be necessary to perfect a Lien on registered trademarks and patents, trademark and patent applications and registered copyrights acquired by the Loan Parties after the Closing Date). (c) The Mortgages, if any, executed and delivered on the Closing Date are, and the Mortgages executed and delivered after the Closing Date pursuant to Section 5.10 shall be, effective to create in favor of the Collateral Agent (for the benefit of the Secured Parties) legal, valid and enforceable Liens on all of the Loan Parties’ rights, titles and interests in and to the Mortgaged Property thereunder and the proceeds thereof, and when such Mortgages are filed or recorded in the proper real estate filing or recording offices, and all relevant mortgage taxes and recording charges are duly paid, the Collateral Agent (for the benefit of the Secured Parties) shall have valid Liens with record notice to third parties on, and security interests in, all rights, titles and interests of the Loan Parties in such Mortgaged Property and, to the extent applicable, subject to Section 9-315 of the Uniform Commercial Code, the proceeds thereof, in each case prior and superior in right to the Lien of any other person, except for Permitted Liens. (d) Notwithstanding anything herein (including this Section 3.17) or in any other Loan Document to the contrary, (i) each of the parties hereto acknowledges and agrees that licensing by the Gaming Authorities may be required to enforce and/or exercise or foreclose upon certain security interests and such enforcement and/or exercise or foreclosure may be otherwise limited by the Gaming Laws and (ii) neither the Borrower nor any other Loan Party makes any representation or warranty as to the effects of perfection or non-perfection, the priority or the enforceability of any pledge of or security interest in any Equity Interests of any Foreign Subsidiary, or as to the rights and remedies of the Agents or any Lender with respect thereto, under foreign law.