Lien Perfection. Each Borrower Party agrees to take such action as may be reasonably requested by the Collateral Agent to perfect or continue the perfection of the Collateral Agent’s (on behalf of, and for the benefit of, the Secured Parties) security interest in the Collateral. Each Borrower Party hereby authorizes the Collateral Agent to file any such financing statement on such Borrower Party’s behalf describing the Collateral as “all assets of the debtor” or “all personal property of the debtor”.
Appears in 3 contracts
Samples: Credit Agreement (American Fiber Systems, Inc.), Credit Agreement (Zayo Group LLC), Term Loan Agreement (Zayo Group LLC)
Lien Perfection. Each Borrower Party agrees to take such action as may be reasonably requested by the Collateral Agent to perfect or continue the perfection of the Collateral Agent’s (on behalf of, and for the benefit of, the Secured Parties) security interest in the Collateral; provided that the Borrower Parties shall not be required to provide any account control agreements or collateral access agreements. Each Borrower Party hereby authorizes the Collateral Agent to file any such financing statement on such Borrower Party’s behalf describing the Collateral as “all assets of the debtor” or “all personal property of the debtor”.
Appears in 1 contract
Samples: Security Agreement (Zayo Group LLC)
