Perfection Actions Sample Clauses

Perfection Actions. Notwithstanding anything to the contrary contained herein, perfection actions shall not be required to the extent provided in Section 6.12(b) and to the extent determined by the Administrative Agent pursuant to Section 6.12(e) of the Credit Agreement.

Perfection Actions. Notwithstanding anything to the contrary herein, no Grantor shall be required to perfect the security interests created hereby by any means other than (i) filings pursuant to the UCC, (ii) filings with United States’ governmental offices with respect to Intellectual Property, (iii) in the case of Collateral that constitutes Chattel Paper, Instruments or certificated Securities, in each case, to the extent included in the Collateral and required by Section 4.03 herein, delivery to the Term Collateral Agent or the Notes Collateral Agent to be held in its possession in the United States, (iv) in the case of Deposit Accounts, executing Blocked Account Agreements, to the extent required by Section 4.03 of this Security Agreement, (v) in the case of Collateral that consists of Commercial Tort Claims, taking the actions specified in Section 4.08 and (vi) in the case of Collateral that constitutes Letter-of-Credit Rights, taking the actions specified in Section 4.09. No Grantor shall be required to take any actions under any laws outside of the United States to grant, perfect or provide for the enforcement of any security interest.

Perfection Actions. On the Closing Date, all filings, recordings, registrations and other actions (other than the Post-closing Perfection Actions) necessary or desirable to perfect and make valid and enforceable the Security Interests will have been taken or otherwise provided for in a manner reasonably satisfactory to the Representative subject to any exceptions permitted or contemplated by the Indenture and the Security Documents.

Perfection Actions. Evidence that each Credit Party shall have delivered to the Trustee, its agent or its counsel, or filed on the Trustee's behalf, such financing statements and other documents in such offices in the United States and in such foreign jurisdictions as shall be applicable to such Credit Party, and taken such other actions, as shall be necessary to enable the perfection of the Liens created pursuant to the Global Security Agreement and each of the other Security Documents to which such Credit Party is a party, including (i) delivered to the Trustee originals of the certificates, if any, evidencing any Equity Interests owned by any Credit Party, accompanied by undated stock powers duly executed in blank (including those Equity Interests identified in Annex 1 to this Exhibit F), (ii) recorded such Liens in the appropriate stock or other equity registers of such Credit Party to the extent necessary under any foreign law applicable to such Credit Party in order to perfect such Liens and (iii) delivered to the Trustee originals of any promissory notes or other Instruments held by any of the Credit Parties to the extent required by the Global Security Agreement, together with any related guarantees or security instruments (including those Instruments and related guarantees and security instruments identified on Annex 1 to this Exhibit F), provided that the actions required under this clause (e) shall be subject to the same qualifications referred to in the proviso to clause (b) above.

Perfection Actions. The Administrative Agent shall have received evidence in form and substance satisfactory to it that all filings, recordings, registrations and other actions necessary or, in the opinion of the Administrative Agent, desirable to perfect the Liens created by the Pledge Agreement shall have been completed.

Perfection Actions. The General Administrative Agent shall have received evidence in form and substance satisfactory to it that all filings, recordings, registrations and other actions necessary or, in the opinion of the General Administrative Agent, desirable to perfect the Liens created by the Domestic Pledge Agreements shall have been completed.

Perfection Actions. Subject to Section 6.12, all actions ------------------ required to perfect the security interests created by each of the Security Documents shall have been completed.

Perfection Actions. Take such action from ------------------ time to time (including filing appropriate Uniform Commercial Code financing statements and executing and delivering such assignments, security agreements and other instruments) as shall be reasonably requested by the Administrative Agent to create, in favor of the Collateral Agent for the benefit of the Secured Parties, perfected security interests and Liens in (i) all inventory and third-party accounts receivable of the Company and the Subsidiary Guarantors and (ii) 65% of the issued and outstanding voting stock and 100% of all other issued and outstanding stock of each of Solutia Europe, Solutia UK and Monchem International, Inc. (it being understood that, in the case of Solutia Europe, shares of treasury stock or stock of Solutia Europe held by Solutia Europe shall not be deemed to be outstanding); provided that any such security interest or Lien shall be subject to the relevant requirements of the Security Documents. In connection with the pledge of the shares of stock of Solutia Europe and Solutia UK, the Company will, and will cause each of its Subsidiaries to, execute and deliver such pledge agreements and other instruments, under the law of Belgium (in the case of Solutia Europe) and England and Wales (in the case of Solutia UK) to ensure that such pledge is valid, perfected and enforceable under such law, as applicable.

Perfection Actions. On or prior to the Closing Date, the Seller shall take all actions, including making all filings with the appropriate filing offices, reasonably requested by Buyer in order to perfect, under applicable law, the transfer of the Assets to the Buyer pursuant to the Agreement.