Common use of Necessary Filings Clause in Contracts

Necessary Filings. All filings, registrations, recordings and other actions necessary or appropriate to create, preserve and perfect the security interest granted by such Grantor to the Inventory Collateral Agent hereby in respect of the Collateral have been accomplished, in each case within the time frames required by this Agreement and the Credit Agreement, and the security interest granted to the Inventory Collateral Agent pursuant to this Agreement in and to the Collateral creates a valid and, together with all such filings, registrations, recordings and other actions, a perfected security interest therein prior to the rights of all other Persons therein and subject to no other Liens (other than Permitted Security) and is entitled to all the rights, priorities and benefits afforded by the UCC or other relevant law as enacted in any relevant jurisdiction to perfected security interests, in each case to the extent that the Collateral consists of the type of property in which a security interest may be perfected by possession or control (within the meaning of the UCC as in effect on the date hereof in the State of New York), by filing a financing statement under the UCC as enacted in any relevant jurisdiction or by a filing of a Grant of Security Interest in the respective form attached hereto in the United States Patent and Trademark Office or in the United States Copyright Office.

Appears in 2 contracts

Samples: Lien Security Agreement (Par Petroleum Corp/Co), Inventory First Lien Security Agreement (Par Petroleum Corp/Co)

AutoNDA by SimpleDocs

Necessary Filings. All filings, registrations, recordings and other actions necessary or appropriate to create, preserve and perfect the security interest granted by such Grantor to the Inventory ABL Loan Collateral Agent hereby in respect of the Collateral have been accomplished, in each case within the time frames required by this Agreement and the Credit Agreement, and the security interest granted to the Inventory ABL Loan Collateral Agent pursuant to this Agreement in and to the Collateral creates a valid and, together with all such filings, registrations, recordings and other actions, a perfected security interest therein prior to the rights of all other Persons therein and subject to no other Liens (other than Permitted Security) and is entitled to all the rights, priorities and benefits afforded by the UCC or other relevant law as enacted in any relevant jurisdiction to perfected security interests, in each case to the extent that the Collateral consists of the type of property in which a security interest may be perfected by possession or control (within the meaning of the UCC as in effect on the date hereof in the State of New York), by filing a financing statement under the UCC as enacted in any relevant jurisdiction or by a filing of a Grant of Security Interest in the respective form attached hereto in the United States Patent and Trademark Office or in the United States Copyright Office.

Appears in 2 contracts

Samples: Loan First Lien Security Agreement (Par Petroleum Corp/Co), Inventory Second Lien Security Agreement (Par Petroleum Corp/Co)

Necessary Filings. All filings, registrations, recordings and other actions necessary or appropriate to create, preserve and perfect the security interest granted by such Grantor Assignor to the Inventory Collateral Agent hereby in respect of the Collateral have been accomplished(or, in each case within ten days following the time frames required by this Agreement and the Credit AgreementInitial Borrowing Date, shall have been) accomplished and the security interest granted to the Inventory Collateral Agent pursuant to this Agreement in and to the Collateral creates a valid and, together with all such filings, registrations, recordings and other actions, a perfected security interest therein prior to the rights of all other Persons therein and subject to no other Liens (other than Permitted SecurityLiens) and is entitled to all the rights, priorities and benefits afforded by the UCC Uniform Commercial Code or other relevant law as enacted in any relevant jurisdiction to perfected security interests, in each case to the extent that the Collateral consists of the type of property in which a security interest may be perfected by possession or control (within the meaning of the UCC as in effect on the date hereof in the State of New York), by filing a financing statement under the UCC Uniform Commercial Code as enacted in any relevant jurisdiction or with respect to any U.S. issued patents or patent applications, trademark registrations, trademark registration applications, copyright registrations or copyright registration applications, by a filing of a Grant of Security Interest in the respective form attached hereto in the United States Patent and Trademark Office or in the United States Copyright Office.

Appears in 1 contract

Samples: Security Agreement (VHS of Anaheim Inc)

Necessary Filings. All filings, registrations, recordings and other actions necessary or appropriate to create, preserve and perfect the security interest granted by such Grantor Assignor to the Inventory Collateral Agent hereby in respect of the Collateral have been accomplished(or, in each case within 30 days following the time frames required by this Agreement and the Credit AgreementInitial Borrowing Date, shall have been) accomplished and the security interest granted to the Inventory Collateral Agent pursuant to this Agreement in and to the Collateral creates a valid and, together with all such filings, registrations, recordings and other actions, a perfected security interest therein prior to the rights of all other Persons therein and subject to no other Liens (other than Permitted SecurityLiens) and is entitled to all the rights, priorities and benefits afforded by the UCC or other relevant law as enacted in any relevant jurisdiction to perfected security interests, in each case to the extent that the Collateral consists of the type of property in which a security interest may be perfected by possession or control (within the meaning of the UCC as in effect on the date hereof in the State of New York), by filing a financing statement under the UCC as enacted in or with respect to any relevant jurisdiction U.S. issued patents or patent applications, trademark registrations, trademark applications, copyright registrations or copyright applications, by a filing of a Grant of Security Interest in the respective form attached hereto in the United States Patent and Trademark Office or in the United States Copyright Office.

Appears in 1 contract

Samples: Security Agreement (Central Texas Corridor Hospital Company, LLC)

Necessary Filings. All filings, registrations, recordings and other actions necessary or appropriate to create, preserve and perfect the security interest granted by such Grantor the Pledgor to the Inventory Collateral Agent hereby in respect of the Collateral have been accomplished, in each case within the time frames required by this Agreement and the ABL Loan Credit Agreement, and the security interest granted to the Inventory Collateral Agent pursuant to this Agreement in and to the Collateral creates a valid and, together with all such filings, registrations, recordings and other actions, a perfected security interest therein prior to the rights of all other Persons therein and subject to no other Liens (other than Permitted Security) and is entitled to all the rights, priorities and benefits afforded by the UCC or other relevant law as enacted in any relevant jurisdiction to perfected security interests, in each case to the extent that the Collateral consists of the type of property in which a security interest may be perfected by possession or control (within the meaning of the UCC as in effect on the date hereof in the State of New York), by filing a financing statement under the UCC as enacted in any relevant jurisdiction or by a filing of a Grant of Security Interest in the respective form attached hereto in the United States Patent and Trademark Office or in the United States Copyright Officejurisdiction.

Appears in 1 contract

Samples: Membership Interests (Par Petroleum Corp/Co)

Necessary Filings. All filings, registrations, recordings and other actions necessary or appropriate to create, preserve and perfect the security interest granted by such Grantor the Pledgor to the Inventory ABL Loan Collateral Agent hereby in respect of the Collateral have been accomplished, in each case within the time frames required by this Agreement and the ABL Loan Credit Agreement, and the security interest granted to the Inventory ABL Loan Collateral Agent pursuant to this Agreement in and to the Collateral creates a valid and, together with all such filings, registrations, recordings and other actions, a perfected security interest therein prior to the rights of all other Persons therein and subject to no other Liens (other than Permitted Security) and is entitled to all the rights, priorities and benefits afforded by the UCC or other relevant law as enacted in any relevant jurisdiction to perfected security interests, in each case to the extent that the Collateral consists of the type of property in which a security interest may be perfected by possession or control (within the meaning of the UCC as in effect on the date hereof in the State of New York), by filing a financing statement under the UCC as enacted in any relevant jurisdiction or by a filing of a Grant of Security Interest in the respective form attached hereto in the United States Patent and Trademark Office or in the United States Copyright Officejurisdiction.

Appears in 1 contract

Samples: Membership Interests (Par Petroleum Corp/Co)

AutoNDA by SimpleDocs

Necessary Filings. All filings, registrations, recordings and other actions necessary or appropriate to create, preserve and perfect the security interest granted by such Grantor Assignor to the Inventory Collateral Agent hereby in respect of the Collateral have been accomplished, in each case case, within the time frames required by this Agreement and the Credit Agreement, and the security interest granted to the Inventory Collateral Agent pursuant to this Agreement in and to the Collateral creates a valid and, together with all such filings, registrations, recordings and other actions, a perfected security interest therein prior to the rights of all other Persons therein and subject to no other Liens (other than Permitted SecurityLiens) and is entitled to all the rights, priorities and benefits afforded by the UCC Uniform Commercial Code or other relevant law as enacted in any relevant jurisdiction to perfected security interests, in each case to the extent that the Collateral consists of the type of property in which a security interest may be perfected by possession or control (within the meaning of the UCC as in effect on the date hereof Restatement Effective Date in the State of New York), by filing a financing statement under the UCC Uniform Commercial Code as enacted in any relevant jurisdiction or by a filing of a Grant of Security Interest in the respective form attached hereto in the United States Patent and Trademark Office or in the United States Copyright Office. Upon the actions taken under this Section 2.1, such security interest will be prior to all other Liens of all other Persons (other than Liens permitted pursuant to Sections 10.01(i), (ii) and (iii) of the Credit Agreement), and enforceable as such as against all other Persons.

Appears in 1 contract

Samples: Security Agreement (Aleris International, Inc.)

Necessary Filings. All filings, registrations, registrations and recordings and other actions ----------------- necessary or appropriate to create, preserve and perfect the security interest granted by such Grantor Assignor to the Inventory Collateral Agent hereby in respect of the Collateral have been accomplishedaccomplished (or, in each the case within of Collateral acquired pursuant to the time frames required by this Agreement and Acquisition, will have been accomplished on the Credit Agreement, Business Day immediately following the Restatement Effective Date) and the security interest granted to the Inventory Collateral Agent pursuant to this Agreement in and to the Collateral creates a valid and, together with all such filings, registrations, recordings and other actions, a perfected security interest therein prior to the rights of all other Persons therein and subject to no other Liens (other than Permitted SecurityLiens) and is entitled to all the rights, priorities and benefits afforded by the UCC Uniform Commercial Code or other relevant law as enacted in any relevant jurisdiction to perfected security interests, in each case to the extent that the Collateral consists of the type of property in which a security interest may be perfected by possession or control (within the meaning of the UCC as in effect on the date hereof in the State of New York), by filing a financing statement under the UCC Uniform Commercial Code as enacted in any relevant jurisdiction or by filing a filing of a Grant of Security Interest in the respective form attached hereto security agreement in the United States Patent and Trademark Office or United States Copyright Office or, to the extent provided in Section 6.3(b) hereof, in any foreign equivalent office of the United States Patent and Trademark or United States Copyright Office.

Appears in 1 contract

Samples: Security Agreement (Communications Instruments Inc)

Necessary Filings. All filings, registrations, recordings and other actions necessary or appropriate to create, preserve and perfect the security interest granted by such Grantor to the Inventory Collateral Agent hereby in respect of the Collateral have been accomplished, in each case within accomplished (other than with respect to the time frames required by this Agreement and the Credit Agreement, Post Closing Filings) and the security interest granted to the Inventory Collateral Agent pursuant to this Agreement in and to the Collateral creates a valid and, together with all such filings, registrations, recordings and other actionsactions (other than with respect to the Post Closing Filings), a perfected security interest therein prior to the rights of all other Persons therein and subject to no other Liens (other than Permitted SecurityLiens) and is entitled to all the rights, priorities and benefits afforded by the UCC Uniform Commercial Code or other relevant law as enacted in any relevant jurisdiction to perfected security interests, in each case to the extent that the Collateral consists of the type of property in which a security interest may be perfected by possession or control (within the meaning of the UCC as in effect on the date hereof in the State of New York), by filing a financing statement under the UCC Uniform Commercial Code as enacted in any relevant jurisdiction or by a filing of a Grant of Security Interest in the respective form attached hereto in the United States Patent and Trademark Office or in the United States Copyright Office.

Appears in 1 contract

Samples: Pledge and Security Agreement (Affinity Guest Services, LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.