Common use of Perfection and Priority Clause in Contracts

Perfection and Priority. Except as set forth on Schedule 7, all actions by each Grantor necessary or desirable to protect and perfect the Lien granted hereunder on the Collateral have been duly taken.

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (SFX Entertainment, INC), Credit Agreement (SFX Entertainment, INC), Guarantee and Collateral Agreement (SFX Entertainment, INC)

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Perfection and Priority. Except as set forth on Schedule 7, all actions by each Grantor necessary required hereunder to perfect or desirable protect the priority (subject to protect and perfect any Permitted Liens) of the Lien granted hereunder on the any material Collateral have been duly taken.

Appears in 2 contracts

Samples: Collateral Agreement (Blyth Inc), Collateral Agreement (Blyth Inc)

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Perfection and Priority. Except as set forth on Schedule 77 and as permitted pursuant to Section 4.20 of the Indenture, all actions by each Grantor necessary or desirable required hereunder to protect and perfect the Lien granted hereunder on the Collateral have been duly taken.

Appears in 1 contract

Samples: Collateral Agreement (SFX Entertainment, INC)

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