Perfection of Liens and Security Interests. The financing statements, instruments and other documents with respect to the filings and recordings described in Schedule 7 shall be in form and substance satisfactory to the Security Agent and all such filings and recordings and all other filings and recordings and other actions that are necessary in order to establish, protect, preserve and perfect the Secured Parties' lien on and perfected security interest in all right, title, estate and interest of the Borrower in and to the Collateral, prior and superior to all other Liens, existing or future, except Permitted Liens, shall have been duly made or taken, and all fees, taxes and other charges relating to such filings and recordings and other actions shall have been paid by the Borrower; and the Security Agent, for the benefit of the Secured Parties, shall have a first lien on and prior perfected security interest in all right, title, estate and interest of the Borrower in and to the Collateral prior and superior to all other Liens, except Permitted Liens (other than mechanics' and materialmen's liens, which shall be insured against under the Title Policy). In addition, the Security Agent shall have received (i) authenticated copies or other evidence of all filings, recordings and other actions obtained or made in order to create and perfect such first lien on and perfected security interest in the right, title, estate and interest of the Borrower in and to the Collateral and (ii) copies of Uniform Commercial Code search reports with respect to each "Debtor" specified in Schedule 7 in each jurisdiction in which financing statements are to be filed confirming that no security interest under the Uniform Commercial Code exists with respect to the properties or assets of such Person.
Perfection of Liens and Security Interests. The financing statements, instruments (including recordation memoranda) and other documents with respect to the filings and recordings described in Schedule 3.1(h)(ii) shall be in form and substance reasonably satisfactory to the Indenture Trustee, the Initial Noteholders and the Equity Investor and all such filings and recordings and all other filings and recordings and other actions (including the Owner Lessor and/or Indenture Trustee taking possession or control of such collateral in which a security interest may be perfected by possession or control) that are necessary in order to establish, protect, preserve and perfect (i) the Lien of the Owner Lessor on, and perfected security interest in, all right, title, estate and interest of the Lessee, the Pledgor or the Lessee Partners, as applicable, in and to the assets and property which form the collateral, under the Lessee Security Agreement, the Lessee Partners Interest Pledge Agreement and the PGV Interests Pledge Agreement and in and to the Accounts under the Depositary Agreement and the Bank of Hawaii Control Agreements, and (ii) the Lien of the Indenture Trustee on, and perfected security interest in, all right, title, estate and interest of the Owner Lessor in and to the Indenture Estate and the Accounts, prior and superior to all other Liens, existing or future (other than any future lien which by statute would have priority), in each case, shall have been duly executed (if required to be executed by the Lessee, the Pledgor, the Lessee Partners or the Owner Lessor, as applicable, by Applicable Law) and delivered to the Indenture Trustee or its designee in proper form for filing, registration or recordation, and all fees, taxes and other charges relating to such filings and recordings and other actions shall have been paid (or provision thereof shall be made) by the Owner Lessor; and when such documents are filed or recorded, or other actions taken (including the Owner Lessor and/or Indenture Trustee taking possession or control of such collateral in which a security interest may be perfected by possession or control), as applicable, (i) the Owner Lessor shall have a first Lien on, and prior perfected security interest in (A) all right, title, estate and interest of the Lessee, the Lessee Partners or the Pledgor, as applicable, in and to the assets and property which form the collateral under the Lessee Security Agreement, the Lessee Partners Interest Pledge Agreement and the PGV Interests Pledge A...
Perfection of Liens and Security Interests. The Banks shall have obtained assurance satisfactory to Majority Banks (including UCC search reports, confirmation of filing or recording, and opinions of counsel) that the security interests created by the Security Agreement and the Guaranty in the property specified in Schedule 4.2(e) attached hereto shall have been duly perfected under applicable law and shall be of first priority, subject only to Permitted Encumbrances;
Perfection of Liens and Security Interests. All filings, recordings, deliveries of securities and instruments and other actions that are necessary or desirable in order to establish, protect, preserve and perfect the Collateral Agent’s Lien on and perfected security interest in all right, title, estate and interest of the Borrower, the XXX and Borrower’s members, as the case may be, in and to all Collateral covered by the Senior Security Documents, prior and superior to all other Liens (other than Permitted Liens listed on Schedule 6(a) attached hereto), existing or future, shall have been duly made or taken and all fees, taxes and other charges relating to such filings and recordings and other actions shall have been paid by the Borrower or filings for exemptions therefrom shall have been made.
Perfection of Liens and Security Interests. The Collateral Trustee shall have a perfected first lien on and prior perfected security interest in all right, title, estate and interest of the Borrower, any Subsidiary of the Borrower and FLAG Telecom in and to the Subject Collateral, prior and superior to all other Liens.
Perfection of Liens and Security Interests. All filings, ------------------------------------------ recordings and other actions that are necessary or desirable in order to establish, protect, preserve and perfect the Lender's lien on and perfected security interest in all right, title, estate and interest of the Borrower IN and to all Collateral covered by the Collateral Security Documents entered into on or prior to such Borrowing Date, prior and superior to all other Liens, existing or future, except Permitted Liens, shall have been duly made or taken and all fees, taxes and other charges relating to such filings and recordings and other actions shall have been paid by the Borrower. The Lender shall have received authenticated copies or other evidence of all filings, recordings and other actions obtained or made in order to create and perfect such first lien on and perfected security interest in the right, title, estate and interest of the Borrower in and to all Collateral covered by such Collateral Security Documents.
Perfection of Liens and Security Interests. Every lien and security interest required to be granted by Borrower to Lender under Section shall have been perfected and shall be, except as otherwise satisfactory to Lender, a first priority lien or security interest.
Perfection of Liens and Security Interests. Upon the request of CCRC, Borrower shall perform all acts which may be necessary or advisable to perfect any lien or security interest provided for in this Agreement or in any other Loan Document or to carry out the intent of this Agreement or any other Loan Document.
Perfection of Liens and Security Interests. The Administrative Agent shall have received a certificate by a Responsible Officer of the Borrower certifying that, as of the Effective Date, all filings, recordings and other actions shown on SCHEDULE 3.11(B) hereto as having been filed on or before the Effective Date, shall have been duly made or taken and all fees, taxes and other charges relating to such filings and recordings and other actions shall have been paid in full. The Administrative Agent shall have received evidence reasonably satisfactory to it that all filings or recordings previously made in respect of the Collateral shall remain in full force and effect. The Collateral Trustee shall have a perfected first lien on and prior perfected security interest in all right, title, estate and interest of the Borrower or FLAG Telecom, as the case may be, in and to the Subject Collateral, prior and superior to all other Liens.
Perfection of Liens and Security Interests. All filings, recordings and other actions (including all filings and recordings set forth in Schedule 3) that are necessary or desirable in order to establish, protect, preserve and perfect the Security Agent's lien on and perfected security interest in all right, title, estate and interest of the Partnership, the Partners and Holdings in and to the Collateral, prior and superior to all other Liens, existing or future, except Permitted Liens, shall have been duly made or taken and all fees, taxes and other charges relating to such filings and recordings and other actions shall have been paid by the Partnership. The Security Agent shall have a first lien on and prior perfected security interest in all right, title, estate and interest of the Partnership in and to the Collateral prior and superior to all other Liens including existing mechanics' and materialmen's liens, except Permitted Liens. GE Capital shall have received authenticated copies or other evidence of all filings, recordings and other actions obtained or made in order to create and perfect such first lien on and perfected security interest in the right, title, estate and interest of the Partnership in and to the Collateral.
