Recording and Filings Sample Clauses
Recording and Filings. (a) The Company shall, and shall cause each of the Guarantors to, at their sole cost and expense, take or cause to be taken all commercially reasonable action required to perfect (except as expressly provided in the Collateral Documents), maintain (with the priority required under the Collateral Documents), preserve and protect the security interests in the Collateral granted by the Collateral Documents, including (i) the filing of financing statements, continuation statements, collateral assignments and any instruments of further assurance, in such manner and in such places as may be required by law to preserve and protect fully the rights of the Holders, the Collateral Agent, and the Trustee under this Indenture and the Collateral Documents to all property comprising the Collateral pursuant to the terms of the Collateral Documents, and (ii) the delivery of the certificates, if any, evidencing the certificated securities pledged under the Collateral Documents, duly endorsed in blank or accompanied by undated stock powers or other instruments of transfer executed in blank. The Company shall from time to time promptly pay all financing and continuation statement recording and/or filing fees, charges and recording and similar taxes relating to this Indenture, the Collateral Documents and any amendments hereto or thereto and any other instruments of further assurance required pursuant thereto. Neither the Company nor any Guarantor will be permitted to take any action which action might or would have the result of materially impairing the security interest with respect to the Collateral for the benefit of the Collateral Agent, the Trustee or the Holders except as expressly set forth herein, in the Collateral Documents (including the Future Intercreditor Agreement).
(b) If property constituting Additional Notes Collateral is not automatically subject to a Lien or perfected security interest under the Collateral Documents, then the Company will, as soon as practicable, grant Liens on such property constituting Additional Notes Collateral in favor of the Collateral Agent and take all necessary steps to perfect the security interest represented by such Liens.
(c) Notwithstanding anything contained in this Indenture to the contrary, neither the Collateral Agent nor the Trustee shall have any obligations to take any actions or to cause the Company or any of the Guarantors under this Indenture to take any actions of the Company or the Guarantors pursuant to this Sect...
Recording and Filings. On or prior to the Closing Date the Servicer will record and file, on behalf of TLFC and at the Servicer's expense, financing statements and continuation statements with respect to the Collateral meeting the requirements of the UCC in such manner and in such jurisdictions as are necessary to perfect and maintain the perfection of the Lender's security interest in the Collateral as described in the Credit Agreement. Notwithstanding the foregoing, the parties hereto acknowledge and agree that (i) financing statements will not be recorded or filed with respect to the Equipment other than in the Filing Locations, (ii) the Lease Files will not be physically delivered to the Lender but instead will be held by the Servicer in its custodial capacity as described herein, (iii) the financing statements to be filed in the Filing Locations other than the States of Delaware and Illinois will not be filed until after the Closing Date (and the Servicer agrees to make such filings within 5 Business Days of the Closing Date) and (iv) the certificate of title or other title document to any Equipment consisting of motor vehicles will not be marked to indicate the transfer from Trans Leasing to TLFC or the security interest of the Lender therein.
Recording and Filings. In connection with the transfer of the Trust Estate to the Issuer, the Servicer agrees to record and file, on behalf of the Seller and at the Servicer's expense, financing statements and continuation statements with respect to the Trust Estate meeting the requirements of the UCC in such manner and in such jurisdictions as are necessary to perfect and maintain the perfection of the transfer of the Trust Estate to the Issuer. Notwithstanding the foregoing, the Parties acknowledge and agree that (i) financing statements will not be recorded or filed with respect to the Equipment other than in the Filing Locations, (ii) the Lease Files will not be physically delivered to the Owner Trustee or the Indenture Trustee but instead will be held by the Servicer as custodian for the Owner Trustee or the Indenture Trustee in accordance with the provisions hereof, (iii) the financing statements to be filed in the Filing Locations other than the States of Delaware, Illinois and New York will not be filed until after the Closing Date (and the Servicer, on behalf of the Seller and at the Servicer's expense, agrees to make such filings within 5 Business Days after the Closing Date), and (iv) Trans Leasing will not be required to cause the certificate of title or other title document to any Equipment consisting of motor vehicles
Recording and Filings. 10 2.7 Marking of Lease Management System. . . . . . . . . . 11 2.8