Security Registrations Clause Samples
Security Registrations. The Agent (or its counsel) shall have received copies of proper financing statements, filed or duly prepared for filing under the PPSA, in all jurisdictions that the Agent or Lender’s Counsel, each acting reasonably, may deem reasonably necessary in order to perfect and protect the Liens created under the Security Documents, covering the Collateral described in the Security Documents.
Security Registrations. 14.1 The Chargor irrevocably and unconditionally authorises ▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇ to do, at the cost and expense of that Chargor, all acts and sign on its behalf all required documents and forms as the Minister and/or ▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇ may consider necessary or desirable to ensure compliance with the procedure under section 409(3) or 409(4) of the Companies Act.
14.2 For the avoidance of doubt, this clause permits the Minister and ▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇ to insert its or their employees’ respective e-mail addresses (or such other e-mail address as it or they may elect) in any form filed under section 409 of the Companies Act for the purposes of receiving a certificate of registration of a charge from the Companies Registration Office.
14.3 The Chargor agrees and acknowledges that it is its responsibility to comply with section 409 of the Companies Act and that ▇▇▇▇▇ ▇▇▇▇▇ & ▇▇▇▇▇▇ has no liability or responsibility to the Company for any failure to comply in full or in part with that section.
Security Registrations. The Corporation shall from time to time effect, update and maintain such registrations and obtain such consents and give such other security agreements, at the sole cost and expense of the Corporation, as may be required or desirable to preserve, protect or perfect the Security Interest created with respect to the Secured Property.
Security Registrations. (a) Parent Company shall cause each Seller PMPA Entity, as applicable, to:
(i) no later than one (1) Banking Day following the date of the Amendment to Share Pledge Agreement, notify Itaú Corretora de Valores S.A., to issue a statement confirming that the Amendment to Share Pledge Agreement was received and will be archived in the books and records held with Itaú Corretora de Valores S.A. (“Pledge Annotation”);
(ii) no later than fifteen (15) days following the date of the Amendment to Share Pledge Agreement, deliver to the Purchaser evidence, in a form acceptable to Purchaser, acting reasonably, a statement issued by Itaú Corretora de Valores S.A. that the Pledge Annotation was duly performed;
(iii) no later than five (5) Banking Days following the date of the Amendment to Share Pledge Agreement, deliver to the Purchaser evidence that such amendment has been duly filed for registration with the competent Registry of Deeds and Documents of the city of São Paulo, State of São Paulo (the “RTD”);
(iv) no later than twenty (20) Banking Days following the date the Amendment to Share Pledge Agreement is duly filed for registration with the RTD, deliver to the Purchaser a duly registered original counterpart (which may be in electronic format) of such amendment with the RTD
(v) within five (5) Banking Days following the date of the Amendment to Mine Owner Guarantee, submit the Amendment to Mine Owner Guarantee for registration with the RTD; (vi) within twenty (20) Banking Days following the date of the Amendment to Mine Owner Guarantee, deliver to the Purchaser an original counterpart of the Amendment to Mine Owner Guarantee, duly registered before the RTD; and
Security Registrations. All financing statements, notices, instruments and other documents (electronic or otherwise), including PPSA or other applicable personal property and financing statements, which are necessary or desirable (as determined by the Agent or Lenders’ Counsel, acting reasonably) to be filed, registered or recorded to evidence the Liens intended to be created by any Security Document and perfect such Liens to the extent required by, and with the priority required by, this Agreement or such Security Document shall have been made and completed; provided that to the extent any lien in any Collateral is not or cannot be perfected on the Closing Date (other than the perfection of the Lien (i) in certificated Equity Securities of the Borrower; and (ii) in all assets with respect to which a Lien may be perfected by the filing of a financing statement under the PPSA of the applicable Canadian jurisdictions and the Law of Property Act of the applicable Canadian jurisdictions), then the perfection of a security Lien in such Collateral shall not constitute a condition precedent to the availability and funding of Credit Facilities on the Closing Date, but instead shall be required to be delivered promptly following the Closing Date pursuant to arrangements and timing to be mutually agreed by the Lead Arrangers and the Borrower, each acting reasonably.
