Common use of Liens in the Collateral Clause in Contracts

Liens in the Collateral. Subject only to Permitted Liens, the Liens in the Collateral granted to the Administrative Agent for the benefit of the Secured Parties pursuant to the Collateral Documents on or after the Closing Date constitute and will continue to constitute Prior Security Interests in and to the Collateral. All filing fees and other expenses in connection with the perfection of such Liens on or after the Closing Date have been or will be paid by the Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/), Credit Agreement (Shenandoah Telecommunications Co/Va/)

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Liens in the Collateral. Subject only to Permitted Liens, the The Liens in the Collateral granted to the Administrative Agent for the benefit of the Secured Parties Lenders pursuant to the Collateral Documents on or after the Closing Date constitute and will continue to constitute Prior Security Interests in the Collateral (assuming the due filing of all financing statements and similar documents necessary to the Collateralperfect such Liens), except for any (lower or prior ranking) Permitted Liens. All filing fees and other expenses in connection with the perfection of such Liens on or after the Closing Date have been or will be paid by the BorrowerBorrowers.

Appears in 1 contract

Samples: Credit Agreement (Crocs, Inc.)

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Liens in the Collateral. Subject only to the Permitted LiensPost-Closing Deliveries, the Liens in the Collateral granted to the Administrative Agent for the benefit of the Secured Parties pursuant to the Collateral Documents on or after the Closing Date constitute and will continue to constitute Prior Security Interests in and to the Collateral. All Subject to the Permitted Post-Closing Deliveries, all filing fees and other expenses in connection with the perfection of such Liens on or after the Closing Date have been or will be paid by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/)

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