Common use of Real Property Collateral Clause in Contracts

Real Property Collateral. Notify the Administrative Agent, within ten (10) days after the acquisition of any owned real property by any Credit Party that is not subject to the existing Security Documents, and within sixty (60) days of such acquisition, deliver such mortgages, deeds of trust, title insurance policies, environmental reports, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, other than Permitted Liens, on such real property in favor of the Administrative Agent, for the ratable benefit of the Secured Parties, all in form and substance acceptable to the Administrative Agent.

Appears in 3 contracts

Samples: Credit Agreement (Aci Worldwide, Inc.), Credit Agreement (Aci Worldwide, Inc.), Credit Agreement (Aci Worldwide, Inc.)

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Real Property Collateral. Notify the Administrative Agent, within ten (10) days after the acquisition of any owned real property Material Real Property located in the United States by any Credit Loan Party that is not subject to the existing Security Collateral Documents, and within sixty (60) days of such acquisitionfollowing a request by the Administrative Agent, deliver such mortgages, deeds of trust, title insurance policies, environmental reports, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, other than Permitted LiensEncumbrances, on such real property in favor of the Administrative Agent, for the ratable benefit of the Secured Parties, all in form and substance acceptable to the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Diodes Inc /Del/), Credit Agreement (Diodes Inc /Del/)

Real Property Collateral. Notify The Borrowers will notify the Administrative Agent, within ten (10) days after the acquisition of any owned real property by any Credit Party Borrower or any of its Subsidiaries that is not subject to the existing Security Documents, and and, within sixty one hundred twenty (60120) days of such acquisitionfollowing a request by the Administrative Agent, deliver such mortgages, deeds of trustMortgages, title insurance policies, environmental reports, surveys reports as are then in existence and other documents reasonably requested by the Administrative Agent (consistent with the requirements of Section 9.12) in connection with granting and perfecting a first priority Lien, other than Permitted Liens, on such real property in favor of the Administrative Agent, for the ratable benefit of the Secured Parties, all in form and substance reasonably acceptable to the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Alon USA Energy, Inc.), Credit Agreement (Alon Brands, Inc.)

Real Property Collateral. Notify the Administrative Agent, within ten (10) days after the acquisition of any owned real property by any Credit Party that is not subject to the existing Security Documents, and within sixty (60) 60 days of such acquisition, deliver such mortgages, deeds of trust, title insurance policies, environmental reports, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, other than Permitted Liens, on such real property in favor of the Administrative Collateral Agent, for the ratable benefit of the Secured Parties, all in form and substance acceptable to the Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Macquarie Infrastructure CO LLC), Credit Agreement (Macquarie Infrastructure Corp)

Real Property Collateral. Notify the Administrative Agent, within ten (10) days after the acquisition of any owned real property by any Credit Party that is not subject to the existing Security Documents, and within sixty (60) days of such acquisition, deliver such mortgages, deeds of trust, title insurance policies, environmental reportsreports to the extent then available, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, other than Permitted Liens, on such real property in favor of the Administrative Agent, for the ratable benefit of the Secured Parties, all in form and substance acceptable to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Patrick Industries Inc)

Real Property Collateral. Notify the Administrative Agent, within ten (10) days after the acquisition of any owned real property by any Credit Party that is not subject to the existing Security Documents, and within sixty ninety (6090) days of such acquisition, deliver such mortgages, deeds of trust, title insurance policies, environmental reports, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, other than Permitted Liens, on such real property in favor of the Administrative Agent, for the ratable benefit of the Secured Parties, all in form and substance acceptable to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Federal Signal Corp /De/)

Real Property Collateral. Notify the Administrative Agent, within ten (10) days Business Days after the acquisition of any owned real property by any Credit Party that is not subject to the existing Security Documents, and within sixty ninety (6090) days of such acquisitionfollowing request by the Administrative Agent, deliver such mortgages, deeds of trustMortgages, title insurance policies (with copies of all exceptions to such title insurance policies), environmental assessments and reports, flood certifications, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, subject to the Intercreditor Agreement and other than Permitted Liens, on such real property in favor of the Administrative Agent, for the ratable benefit of itself and the Secured PartiesLenders, all in form and substance acceptable to the Administrative Agent.. (Credit Agreement)

Appears in 1 contract

Samples: Credit Agreement (Broadview Networks Holdings Inc)

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Real Property Collateral. Notify the Administrative Agent, within ten (10) days after the acquisition of any owned real property or lease by any Credit Party of any real property that is not subject to the existing Security Documents, and within sixty (60) days of such acquisitionfollowing request by the Administrative Agent, deliver such mortgagesMortgages, deeds of trust, title insurance policies, environmental reportsassessments, surveys surveys, landlord waivers and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, other than Permitted Liens, on such real property in favor of the Administrative Agent, for the ratable benefit of itself and the Secured Parties, all in form and substance acceptable to the Administrative Agent.. SECTION 9.14

Appears in 1 contract

Samples: Credit Agreement (Digital Generation Systems Inc)

Real Property Collateral. Notify the Administrative Agent, within ten (10) days after the acquisition of any owned real property or lease by any Credit Party of any real property that is not subject to the existing Security Documents, and within sixty (60) days of such acquisitionfollowing request by the Administrative Agent, deliver such mortgagesMortgages, deeds of trust, title insurance policies, environmental reportsassessments, surveys surveys, landlord waivers and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, other than Permitted Liens, on such real property in favor of the Administrative Agent, for the ratable benefit of itself and the Secured Parties, all in form and substance acceptable to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Digital Generation Systems Inc)

Real Property Collateral. Notify the Administrative Agent, within ten (10) days Business Days after the acquisition of any owned real property by any Credit Party that is not subject to the existing Security Documents, and within sixty ninety (6090) days of such acquisitionfollowing request by the Administrative Agent, deliver such mortgages, deeds of trustMortgages, title insurance policies (with copies of all exceptions to such title insurance policies), environmental assessments and reports, flood certifications, surveys and other documents reasonably requested by the Administrative Agent in connection with granting and perfecting a first priority Lien, subject to the Intercreditor Agreement and other than Permitted Liens, on such real property in favor of the Administrative Agent, for the ratable benefit of itself and the Secured PartiesLenders, all in form and substance acceptable to the Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Broadview Networks Holdings Inc)

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