Common use of Perfected Liens Clause in Contracts

Perfected Liens. (a) This Agreement is effective to create, as collateral security for the Obligations of such Grantor, valid and enforceable Liens on such Grantor's Collateral in favor of the Collateral Agent, for the benefit of the Secured Parties, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors' rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.

Appears in 3 contracts

Samples: Security Agreement (Dirsamex Sa De Cv), Security Agreement (Jafra Cosmetics International Sa De Cv), Credit Agreement (Jafra Cosmetics International Sa De Cv)

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Perfected Liens. (a) This Agreement is effective to create, as collateral security for the Obligations of such Grantor, valid and enforceable Liens on such Grantor's ’s Security Collateral in favor of the Collateral Agent, Agent for the benefit of the Secured Parties, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors' creditor’s rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.

Appears in 2 contracts

Samples: Notes Collateral Agreement (US Foods Holding Corp.), Guarantee and Collateral Agreement (Servicemaster Co)

Perfected Liens. (a) This Agreement is effective to create, as collateral security for the Obligations of such Grantor, valid and enforceable Liens on such Grantor's ’s Collateral in favor of the Collateral Agent, Agent for the benefit of the Secured Parties, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors' creditors rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Servicemaster Co, LLC), Intercreditor Agreement (Us LBM Holdings, Inc.)

Perfected Liens. (ai) This Agreement is effective to create, as collateral security for the Obligations of such Grantor, valid and enforceable Liens on such Grantor's ’s Collateral in favor of the Collateral Agent, for its benefit and for the ratable benefit of the other Secured Parties, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors' rights generallyDebtor Relief Laws, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Sirva Inc), Guarantee and Collateral Agreement (Sirva Inc)

Perfected Liens. (a) This Agreement is effective to create, as collateral security for the Obligations of such Grantor, valid and enforceable Liens on such Grantor's ’s Security Collateral in favor of the Collateral Agent, Agent for the benefit of the Secured Parties, except as enforceability to enforcement, as may be affected limited by applicable domestic or foreign bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors' rights ’ rights’ generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.

Appears in 2 contracts

Samples: Intercreditor Agreement (PharMEDium Healthcare Holdings, Inc.), Guarantee and Collateral Agreement (PharMEDium Healthcare Holdings, Inc.)

Perfected Liens. (ai) This As of the date hereof, this Agreement is effective to create, as collateral security for the Obligations of such GrantorObligations, valid and enforceable Liens on such Grantor's the Collateral in favor of the Collateral Administrative Agent, for the benefit of the Secured Parties, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors' rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.

Appears in 2 contracts

Samples: Patent and Trademark Security Agreement (Day International Group Inc), Patent and Trademark Security Agreement (Day International Group Inc)

Perfected Liens. (a) This Agreement is effective to create, as collateral security for the Obligations of such Grantor, valid and enforceable Liens on such Grantor's ’s Security Collateral in favor of the Collateral Agent, Agent for the benefit of the Secured Parties, except as enforceability to enforcement, as may be affected limited by applicable U.S. or Non-U.S. bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors' rights ’ rights’ generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Mauser Group B.V.)

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Perfected Liens. (a) This his Agreement is effective to create, as collateral security for the Obligations of such Grantor, valid and enforceable Liens on such Grantor's ’s Collateral in favor of the Collateral Agent, Agent for the benefit of the Secured Parties, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors' creditors rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Us LBM Holdings, Inc.)

Perfected Liens. (a) This Agreement is effective to create, as collateral security for the Obligations of such Grantor, valid and enforceable Liens on such Grantor's ’s Security Collateral in favor of the Revolving Collateral Agent, Agent for the benefit of the Secured Parties, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors' creditor’s rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Servicemaster Co)

Perfected Liens. (ai) This Agreement is effective to create, as collateral security for the Obligations of such Grantor, valid and enforceable Liens on such Grantor's ’s Collateral in favor of the Collateral Agent, for its benefit and for the ratable benefit of the other Secured Parties, except as enforceability may be affected by bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors' creditor’s rights generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Sirva Inc)

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