Common use of Security Interests in Personal and Mixed Property Clause in Contracts

Security Interests in Personal and Mixed Property. The Lender shall have received evidence satisfactory to it that the Credit Parties shall have taken or caused to be taken all such actions, executed and delivered or caused to be executed and delivered all such agreements, documents and instruments and made or caused to be made all such filings and recordings (other than filings or recordings to be made by the Lender on or after the Closing Date) that may be necessary or, in the opinion of the Lender, desirable in order to create in favor of the Lender, valid and (upon such filing and recording) perfected First Priority security interests in the entire personal and mixed property Collateral.

Appears in 3 contracts

Samples: Credit and Security Agreement (Ufp Technologies Inc), Credit and Security Agreement (Ufp Technologies Inc), Credit and Security Agreement (Alternative Resources Corp)

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Security Interests in Personal and Mixed Property. The Lender Lenders shall have received evidence reasonably satisfactory to it them that the Credit Parties shall have taken or caused to be taken all such actions, executed and delivered or caused to be executed and delivered all such agreements, documents and instruments and made or caused to be made all such filings and recordings (other than filings or recordings to be made by the Lender Collateral Agent or the Lenders on or after the Closing Date) that may be necessary or, in or are otherwise reasonably requested by the opinion of the Lender, desirable Lenders in order to create in favor of the LenderLenders, valid and (upon such filing and recording) perfected First Priority security interests in the entire personal and mixed property Collateral.

Appears in 2 contracts

Samples: Credit and Security Agreement (Progenity, Inc.), Credit and Security Agreement (Progenity, Inc.)

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Security Interests in Personal and Mixed Property. The Lender shall have received evidence satisfactory to it that the Credit Parties shall have taken or caused to be taken all such actions, executed and delivered or caused to be executed and delivered all such agreements, documents and instruments and made or caused to be made all such filings and recordings (other than filings or recordings to be made by the Lender on or after the Closing Date) that may be necessary or, in the opinion of the Lender, desirable in order to create in favor of the Lender, valid and (upon such filing and recording) perfected First Priority first priority security interests (subject to Permitted Liens) in the entire personal and mixed property Collateral.

Appears in 1 contract

Samples: Term Loan Agreement (Applica Inc)

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