Common use of Personal Property Collateral Clause in Contracts

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 49 contracts

Samples: Credit and Guaranty Agreement (Eagle Rock Energy Partners, L.P.), Credit and Guaranty Agreement (Medical Device Manufacturing, Inc.), Credit Agreement (Covanta Holding Corp)

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Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent each Credit Party shall have receiveddelivered to Collateral Agent:

Appears in 22 contracts

Samples: Credit and Guaranty Agreement (Terraform Global, Inc.), Credit and Guaranty Agreement (TerraForm Power, Inc.), Credit and Guaranty Agreement (Valeant Pharmaceuticals International, Inc.)

Personal Property Collateral. In order to create in favor of the Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent each Loan Party shall have receiveddelivered to the Collateral Agent:

Appears in 11 contracts

Samples: Counterpart Agreement (Ocwen Financial Corp), Senior Secured Term Loan Facility Agreement (Ocwen Financial Corp), Credit and Guaranty Agreement (RadNet, Inc.)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 9 contracts

Samples: Credit Agreement (Franchise Group, Inc.), Credit Agreement (Franchise Group, Inc.), Credit Agreement (Liberty Tax, Inc.)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent the Credit Parties shall have receiveddelivered to Collateral Agent:

Appears in 8 contracts

Samples: Credit and Guaranty Agreement (Education Management Corporation), Credit and Guaranty Agreement (Amerigroup Corp), Credit and Guaranty Agreement (HealthSpring, Inc.)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Second Priority security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 8 contracts

Samples: Credit and Guaranty Agreement (SolarWinds, Inc.), Credit and Guaranty Agreement (Vonage Holdings Corp), Loan and Guaranty Agreement (Reliant Pharmaceuticals, Inc.)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, valid and perfected First Priority security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 7 contracts

Samples: Credit and Guaranty Agreement (Vca Antech Inc), Credit and Guaranty Agreement (Vca Antech Inc), Credit and Guaranty Agreement (Network Plus Corp)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected and continuing First Priority security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 7 contracts

Samples: Credit and Guaranty Agreement (fuboTV Inc. /FL), Credit and Guaranty Agreement (AMC Networks Inc.), Credit and Guaranty Agreement (RLJ Entertainment, Inc.)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent each Note Party shall have receiveddelivered to Collateral Agent:

Appears in 5 contracts

Samples: Note Purchase Agreement (Capstone Green Energy Corp), Note Purchase Agreement (Capstone Green Energy Holdings, Inc.), Note Purchase Agreement (CAPSTONE TURBINE Corp)

Personal Property Collateral. In order to create in favor of Collateral the Agent, for the benefit of the Secured Parties, a valid, perfected First Priority second priority security interest in the substantially all personal property CollateralCollateral of the Note Parties, Collateral the Agent shall have received:

Appears in 3 contracts

Samples: Note Purchase Agreement (Silverbow Resources, Inc.), Note Purchase Agreement (Silverbow Resources, Inc.), Note Purchase Agreement (Silverbow Resources, Inc.)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Second Priority security interest in the personal property Collateral, Collateral Agent the Credit Parties shall have receiveddelivered to Collateral Agent:

Appears in 3 contracts

Samples: Counterpart Agreement (Arizona Chemical Ltd.), Second Lien Credit and Guaranty Agreement (Arizona Chemical Ltd.), Credit and Guaranty Agreement (Movie Gallery Inc)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Third Priority security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 3 contracts

Samples: Loan and Guaranty Agreement (Reliant Pharmaceuticals, Inc.), Third Lien Note Purchase Agreement (Vonage Holdings Corp), Counterpart Agreement (Reliant Pharmaceuticals, Inc.)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest Lien in the personal property Collateral, Collateral Agent shall have received:

Appears in 2 contracts

Samples: Financing Agreement (Model N, Inc.), Credit and Guaranty Agreement (Autocam International LTD)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest (subject to the Intercreditor Agreement) in the personal property Current Asset Collateral, the Collateral Agent shall have received:

Appears in 2 contracts

Samples: Revolving Credit Agreement (Source Interlink Companies Inc), Term Loan Agreement (Source Interlink Companies Inc)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, the Lead Arrangers and Collateral Agent shall have received:

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Xerium Technologies Inc), Credit and Guaranty Agreement (Xerium Technologies Inc)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, the Collateral Agent shall have received:

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Xerium Technologies Inc), Credit and Guaranty Agreement (Xerium Technologies Inc)

Personal Property Collateral. In order to create in favor of the Collateral Agent, for the benefit of the Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, the Collateral Agent shall have received:

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Xerium Technologies Inc), Revolving Credit and Guaranty Agreement (Xerium Technologies Inc)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent Lead Arrangers shall have received:

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Kraton Polymers LLC), Credit and Guaranty Agreement (Kraton Polymers LLC)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent the Loan Parties shall have receiveddelivered to Collateral Agent:

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Prommis Solutions Holding Corp.), Credit and Guaranty Agreement (Prommis Solutions Holding Corp.)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 2 contracts

Samples: Joinder Agreement (Vertex Energy Inc.), Joinder Agreement (Vertex Energy Inc.)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property β€œCollateral” as defined in the Pledge and Security Agreement, Collateral Agent shall have received:

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (NewPage CORP), Credit and Guaranty Agreement (NewPage CORP)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent shall have receivedreceived the following:

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Syntax-Brillian Corp), Credit and Guaranty Agreement (Syntax-Brillian Corp)

Personal Property Collateral. In order to meet certain requirements under the Security Agreement relating to the Collateral and to create in favor of the Collateral Agent, for the benefit of the Secured Parties, a valid, perfected First Priority security interest in the such personal property Collateral, Collateral Agent the Borrower shall have receiveddelivered to the Collateral Agent:

Appears in 1 contract

Samples: Credit Agreement (Crosstex Energy Inc)

Personal Property Collateral. In order to create in favor of Collateral AgentTrustee, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent Trustee shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Belden & Blake Corp /Oh/)

Personal Property Collateral. In order to create in favor of the Collateral Agent, for the benefit of the Term Secured Parties, a valid, perfected Second Priority security interest in the personal property consisting of ABL Priority Collateral, and a valid, perfected First Priority security interest in the personal property consisting of Term Priority Collateral, the Collateral Agent shall have received:

Appears in 1 contract

Samples: Counterpart Agreement (REV Group, Inc.)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured PartiesLenders, a valid, perfected First Priority security interest in the personal property Term Loan Collateral and a Second Priority security interest in the personal property Revolving Loan Collateral, Collateral Agent shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (J Crew Group Inc)

Personal Property Collateral. In order to create in favor of ---------------------------- Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent shall have received:received (except as otherwise contemplated by Section 5.14(b)):

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Ipc Acquisition Corp)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent the Borrower and each Required Closing Date Guarantor shall have receiveddelivered to Collateral Agent:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Global Crossing LTD)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Fixed Asset Collateral and a valid, perfected Second Priority security interest (subject to the Intercreditor Agreement) in the Current Asset Collateral, Collateral Agent shall have received:

Appears in 1 contract

Samples: Term Loan and Guaranty Agreement (Fedders Corp /De)

Personal Property Collateral. In order to create or continue, in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Second Priority security interest in the personal property Collateral, Collateral Agent the Credit Parties shall have receiveddelivered to Collateral Agent:

Appears in 1 contract

Samples: Second Lien Credit and Guaranty Agreement (Movie Gallery Inc)

Personal Property Collateral. In order to create in favor of the Collateral Agent, for the benefit of the Revolving Secured Parties, a valid, perfected Second Priority security interest in the personal property consisting of Secured Notes Priority Collateral, and a valid, perfected First Priority security interest in the personal property consisting of Revolving Priority Collateral, the Collateral Agent shall have received:

Appears in 1 contract

Samples: Intercreditor Agreement (REV Group, Inc.)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured PartiesParties (except as for set forth in Section 5.14), a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Amscan Holdings Inc)

Personal Property Collateral. In order to create in favor of the Collateral Agent, for the benefit of the Revolving Secured Parties, a valid, perfected Second Priority security interest in the personal property consisting of Secured Term Loan Priority Collateral, and a valid, perfected First Priority security interest in the personal property consisting of Revolving Priority Collateral, the Collateral Agent shall have received:

Appears in 1 contract

Samples: Counterpart Agreement (REV Group, Inc.)

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Personal Property Collateral. In order to create in favor of the Collateral Agent, for the benefit of Secured Parties, Agent a valid, perfected First Priority and continuing first priority security interest in the personal property CollateralCollateral of the Borrower and a first priority security interest in the Collateral of each Guarantor, Collateral Agent the Lenders shall have received:

Appears in 1 contract

Samples: Loan and Security Agreement (Fat Brands, Inc)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Requisite Priority security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Handleman Co /Mi/)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of the Revolving Secured Parties, a valid, perfected Second Priority security interest in the personal property Fixed Collateral, and a valid, perfected First Priority security interest in the personal property Liquid Collateral, Collateral Agent shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Stanadyne Corp)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent or its designated sub-agent shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Madison Square Garden Co)

Personal Property Collateral. In order to create in favor of Joint Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Administrative Agent and Collateral Monitoring Agent shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Mariner Health Care Inc)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority Lien security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 1 contract

Samples: Senior Secured Note Purchase Agreement (Vahanna Tech Edge Acquisition I Corp.)

Personal Property Collateral. In order to create in favor of the Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority first priority security interest in the personal property Collateral, the Collateral Agent shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Reprographics CO)

Personal Property Collateral. In order to create in favor of the Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, the Collateral Agent and the Lenders shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Castle a M & Co)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property CollateralCollateral (subject only to Permitted Liens), Collateral Agent shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Proliance International, Inc.)

Personal Property Collateral. In order to create in favor of the Collateral Agent, for the benefit of Secured Parties, Agent a valid, perfected First Priority and continuing first priority security interest in the personal property CollateralCollateral of each Elevation Entity and a first priority security interest in the Collateral of the Elevation Entities, Collateral Agent the Lenders shall have received:

Appears in 1 contract

Samples: Loan and Security Agreement (Fat Brands, Inc)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent shall have received:received (except as otherwise contemplated by Section 5.14):

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Ipc Acquisition Corp)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of the Term Secured Parties, a valid, perfected First Priority security interest in the personal property Fixed Collateral, and a valid, perfected Second Priority security interest in the personal property Liquid Collateral, Collateral Agent shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Stanadyne Corp)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Current Asset Collateral and a valid, perfected Second Priority security interest (subject to the Intercreditor Agreement) in the Fixed Collateral, Collateral Agent shall have received:

Appears in 1 contract

Samples: Revolving Loan and Guaranty Agreement (Fedders Corp /De)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Second Priority security interest Lien in the personal property Collateral, Collateral Agent shall have received:

Appears in 1 contract

Samples: Term Loan and Guaranty Agreement (Autocam Corp/Mi)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 1 contract

Samples: Credit Agreement (Lehman Brothers Holdings Inc)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 1 contract

Samples: Financing Agreement (Metalico Inc)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority first priority security interest in the personal property Collateral, Collateral Agent shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Reprographics CO)

Personal Property Collateral. In order to create in favor of Collateral AgentTrustee, for the benefit of Secured Parties, a valid, perfected First Priority security interest or Second Priority security interest, as the case may be, in the personal property Collateral, Collateral Agent Trustee shall have received:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (NewPage CORP)

Personal Property Collateral. In order to create in favor of Collateral the Agent, for the benefit of Secured Partiesthe Lenders, a valid, perfected First Priority first priority security interest in the personal property Collateral, Collateral the Agent shall have received:

Appears in 1 contract

Samples: Loan Agreement (Sunterra Corp)

Personal Property Collateral. In order to create in favor of Collateral Agent, for the benefit of Secured Parties, a valid, perfected First Priority security interest in the personal property Collateral, Collateral Agent each of the following shall have receiveddelivered to Collateral Agent:

Appears in 1 contract

Samples: Credit and Guaranty Agreement (P10, Inc.)

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