Perfection Requirements. Subject to Section 4.13(c)(iii) below, Borrower shall, at its sole cost and expense, take or cause to be taken all steps necessary from time to time to perfect and maintain Agent’s first priority perfected security interest (subject only to Permitted Encumbrances) in the Aircraft Collateral (the “Perfection Requirements”), as set forth below:
Perfection Requirements. The Issuer will not (a) change any of (i) its corporate name or (ii) the name under which it does business or (b) amend any provision of its memorandum of association or bye-laws or become organized under the laws of any other jurisdiction without the prior written consent of the Control Party for Series 2013-1.
Perfection Requirements. On each Drawing Date, the following statements shall be correct, and the Administrative Agent shall have received evidence reasonably satisfactory to it (including printouts of the "priority search certificates" (as defined in the Regulations for the International Registry) from the International Registry relating to the Airframe and each Engine) to the effect that:
Perfection Requirements. Subject to Section 4.13(c)(iii) below, the Borrowers shall, at their sole cost and expense, take or cause to be taken all steps necessary from time to time to perfect and maintain Agent’s (which, prior to the Separation Date and subject to the Intercreditor Agreement, shall include PNC in its capacity as O&G Credit Agreement Agent) first priority perfected security interest (subject only to Permitted Encumbrances) in the Aircraft Collateral (the “Perfection Requirements”), as set forth below:
Perfection Requirements. Each Grantor shall deliver to the Collateral Agent all UCC financing statements or continuation statements as may be necessary or desirable, or as the Collateral Agent may reasonably request, in order to effect, reflect, perfect or preserve any security interest or Lien granted to the Collateral Agent.
Perfection Requirements. Annex three (Perfection Exceptions) to the Credit Agreement is hereby amended by deleting the words “30 days” at the end of paragraph 1 thereof, and inserting the words “60 days” in lieu thereof. The Lenders hereby waive any breach of the Credit Agreement that may have occurred prior to the First Amendment Effective Date that would not have occurred had the amendment made pursuant to this section 2.05 been effective on the Effective Date (as defined under the Credit Agreement).
Perfection Requirements the filing of appropriate UCC and PPSA financing statements, registration of the particulars of each Security Document granted by a U.K. Domiciled Obligor at Companies House in England and Wales under section 859A of the Companies Act 2006, and, in each case, payment of associated fees, the filing of Intellectual Property Security Agreements or other appropriate instruments or notices with the U.S. Patent and Trademark Office, the U.S. Copyright Office and the Canadian Intellectual Property Office, registration of the particulars of each Security Document creating a Lien at the Trade Marks Registry at the Patent Office in England and Wales and payment of associated fees, the proper recording or filing, as applicable, of Mortgages and fixture filings with respect to any Real Estate, in each case in favor of the Agent for the benefit of the applicable Secured Parties and the delivery to the Agent of any stock certificate or promissory note, together with instruments of transfer executed in blank and the delivery of any notices of security to third parties to the extent required to be delivered under the U.K. Security Agreements, in each case, to the extent required by the applicable Loan Documents and/or any other perfection action required under the terms of any Security Document. Permitted Acquisition: any acquisition made by the Parent or any of its Restricted Subsidiaries, whether by purchase, merger, amalgamation or otherwise, of (a) all or substantially all of the assets, or any business line, unit or division or product line (including research and development and related assets in respect of any product) of, any Person or (b) a majority of the outstanding Capital Stock of any Person, but in any event, including any Investment in (x) any Restricted Subsidiary the effect of which is to increase the Parent’s or any Restricted Subsidiary’s equity ownership in such Restricted Subsidiary or (y) any joint venture for the purpose of increasing the Parent’s or its relevant Restricted Subsidiary’s ownership interest in such joint venture; provided that (i) such acquisition was not effected pursuant to a hostile offer, (ii) at the applicable time elected by the Borrower Agent in accordance with Section 1.5.2, no Event of Default under Sections 11.1(a), (or with respect to the Borrowers) (f) or (g) shall be continuing and (iii) the purchase consideration payable in respect of all Permitted Acquisitions (including the proposed Acquisition and including deferred p...
Perfection Requirements. The parties hereto agree that for all purposes of this Agreement, the perfection of the security interest of the Collateral Agent in the Aircraft Collateral, including the Aircraft, Airframes, Engines and leases shall be accomplished exclusively (and notwithstanding any general or specific authorizing language regarding filings, registration or perfection set forth in any other Loan Document) in accordance with the following terms (the “Perfection Requirements”):
Perfection Requirements. The relevant Chargor shall promptly comply with all Perfection Requirements.
Perfection Requirements. The Borrower shall promptly obtain or comply with any regulations, filings, notices and other actions and steps required to be made in any jurisdiction in order to perfect the Security created by the Shareholder’s Security Agreements or in order to achieve the relevant priority for such Security of which the Borrower is aware or which are notified to it by the Lender.
