Satisfactory Collateral Clause Samples

Satisfactory Collateral. The Purchaser shall be satisfied that the Collateral Agent has received security interests in all Property and a pledge of all the issued and outstanding stock of the Guarantors.

Satisfactory Collateral. The Purchasers shall be satisfied that ----------------------- they have received security interests in all Property and a Pledge of all the issued and outstanding stock of the Guarantors except to the extent that such Property or stock is subject to a Security Interest Restriction.

Satisfactory Collateral. The Pledge and the other Loan Documents (Mezzanine) shall constitute a valid and perfected Lien on the Collateral for the full amount of the Principal Amount, free and clear of all Liens other than encumbrances specifically approved by Mezzanine Lender, in writing, in its sole discretion; Mezzanine Lender shall have received such UCC, tax, lien and judgment searches in respect of the Collateral as it shall have deemed necessary and the results of such searches shall be acceptable to Mezzanine Lender in its sole discretion;

Satisfactory Collateral. 8 Section 4.04

Satisfactory Collateral. The Pledge (Junior Tier Mezzanine) and the other Loan Documents (Junior Tier Mezzanine) shall constitute a valid and perfected Lien on the Collateral for the full amount of the Principal Amount, free and clear of all Liens other than encumbrances specifically approved by Mezzanine Lender, in writing, in its sole discretion; Mezzanine Lender shall have received such UCC, tax, lien and judgment searches in respect of the Collateral as it shall have deemed necessary and the results of such searches shall be acceptable to Mezzanine Lender in its sole discretion;

Satisfactory Collateral. The Purchasers shall be satisfied that they have received security interests in all Property and a pledge of all the issued and outstanding stock of the Guarantors except to the extent that such Property or stock is subject to a Security Interest Restriction.

Satisfactory Collateral. Debtor will at all times maintain with Secured Party Collateral of a character and value satisfactory to Secured Party. If at any time any of the Collateral shall depreciate in character or value or otherwise be unsatisfactory to Secured Party, Secured Party in its discretion may demand, and Debtor will upon said demand provide, such further collateral or such payment on account of the Indebtedness as will be satisfactory to Secured Party.