Secured, Super-Priority Obligations. (a) On and after the Closing Date, the provisions of the Loan Documents and the Orders are effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, legal, valid and perfected Liens on and security interests (having the priority provided for herein and in the Orders) in all right, title and interest in the Collateral, enforceable against each Loan Party that owns an interest in such Collateral.
Secured, Super-Priority Obligations. (a) On and after the Closing Date, the provisions of the Loan Documents and the Final Order are effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, legal, valid and perfected Liens on and security interests (having the priority provided for herein and in the Final Order) in all right, title and interest in the Collateral, enforceable against each Credit Party that owns an interest in such Collateral.
Secured, Super-Priority Obligations. On and after the Closing Date and until the Exit Facilities Conversion Date:
Secured, Super-Priority Obligations. (a) On and after the Closing Date and pursuant to the Order, the provisions of the Loan Documents are effective to create in favor of the Lenders, legal, valid and perfected Liens on and security interests (having the priority provided for herein and in the Order) in all right, title and interest in the Collateral, enforceable against the Borrower.
Secured, Super-Priority Obligations. (a) On and after the Closing Date, the provisions of the Loan Documents and the Orders are effective to create in favor of the Administrative Agent, for the benefit of the Lenders, legal, valid and perfected Liens on and security interests (having the priority provided for herein and in the Orders) in all right, title and interest of each Borrower in the Collateral, enforceable against each Borrower that owns an interest in such Collateral, except to the extent the perfection of such lien would require the recording of a memorandum of lease or a leasehold mortgage in the applicable real estate records.
Secured, Super-Priority Obligations. (a) On and after (i) the entry of the Interim Financing Order with respect to the Interim Loans and (ii) the entry of the Final Financing Order with respect to all Loans, the provisions of the Loan Documents and the Interim Financing Order or Final Financing Order, as the case may be, are effective to create in favor of the Administrative Agent for the ratable benefit of the Lenders, legal, valid and perfected Liens on and security interests (having the priority provided for herein and in the Interim Financing Order and Final Financing Order) in all right, title and interest in the Collateral, enforceable against each Grantor that owns interest in such Collateral.
Secured, Super-Priority Obligations. The provisions of the Collateral Documents, taken together with, and subject to the terms of, the Final Order are effective to create in favor of the Administrative Agent for the benefit of the Secured Parties and any other secured parties identified therein, a legal, valid and enforceable Lien or security interest in all right, title and interest of the Loan Parties in the Collateral and all proceeds thereof with the priority set forth in the Final Order (and subject to the Carve-Out). Pursuant to the terms of the Final Order, no filing or other action will be necessary to perfect or protect such Liens and security interests. Environmental Compliance. Except as set forth on Schedule 5.09 or as would not individually be reasonably expected to result in a liability in excess of the Threshold Amount to the Loan Parties and their Subsidiaries (provided that the aggregate of all such events, circumstances, developments and liabilities could not reasonably be expected to result in a Material Adverse Effect):
Secured, Super-Priority Obligations. (a) On and after the Initial Closing Date, upon entry of the Interim Financing Order and the Final Financing Order as applicable, the provisions of the Loan Documents and the Order are effective to create in favor of the Agent, for the benefit of the Lenders and Citibank, legal, valid and perfected Liens on and security interests (having the priority provided for herein and in the Order) in all right, title and interest in the Collateral, enforceable against each Debtor that owns an interest in such Collateral (other than, with respect to Citibank, any lien on the Prepetition Collateral).
Secured, Super-Priority Obligations. The provisions of the Collateral Documents, taken together with, and subject to the terms of, the Final Order are effective to create in favor of the Administrative Agent for the benefit of the Secured Parties and any other secured parties identified therein, a legal, valid and enforceable Lien or security interest in all right, title and interest of the Loan Parties in the Collateral and all proceeds thereof with the priority set forth in the Final Order (and subject to the Carve-Out). Pursuant to the terms of the Final Order, no filing or other action will be necessary to perfect or protect such Liens and security interests.
Secured, Super-Priority Obligations. (a) On and after (i) the Initial Closing Date, the provisions of the Original DIP Credit Agreement, the Loan Documents (as defined in the Original DIP Credit Agreement) and the Final Order and (ii) the Effective Date, the provision of this Agreement, the Loan Documents and the Orders, are effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, legal, valid and perfected Liens on and security interests (having the priority provided for herein and in the Orders) in all right, title and interest in the Collateral, enforceable against each Loan Party that owns an interest in such Collateral.
