Common use of Status of Security Interest Clause in Contracts

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted Liens).

Appears in 9 contracts

Samples: Pledge and Security Agreement (BrightSource Energy Inc), Pledge and Security Agreement (Ocwen Financial Corp), Pledge and Security Agreement (Valeant Pharmaceuticals International)

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Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent Bank hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, subject to Permitted Liens).

Appears in 3 contracts

Samples: Credit Agreement, Control Agreement (Greektown Superholdings, Inc.), Pledge and Security Agreement (Greektown Newco Sub, Inc.)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, subject to Permitted Liens).

Appears in 3 contracts

Samples: Pledge and Security Agreement (Greektown Superholdings, Inc.), Intercreditor Agreement (Greektown Newco Sub, Inc.), First Lien Pledge and Security Agreement (American Casino & Entertainment Properties LLC)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.46.4 and except as otherwise permitted by the Credit Agreement, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted Liens).

Appears in 3 contracts

Samples: Pledge and Security Agreement (Aeroflex Inc), Control Agreement (Ocwen Financial Corp), Control Agreement (Ocwen Financial Corp)

Status of Security Interest. (a) Subject subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted Liensany Liens permitted under Sections 6.2(b), 6.2(c), 6.2(d), 6.2(e), 6.2(f), 6.2(g), 6.2(h), 6.2(j), 6.2(l) and 6.2(v) of the Credit Agreement).

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (TerraForm Power, Inc.), Credit and Guaranty Agreement

Status of Security Interest. (a) Subject to the thresholds, exclusions and limitations set forth (and/or referenced) in Article 4 hereof and subsection (b) of this Section 6.46.04, each such Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority First Priority Liens (subject, in to the case of priority only, to Permitted Liens)extent required hereunder.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.46.4 and subject to rights to sell, transfer or assign permitted under Section 6.5(b), each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted Liens).

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Bz Intermediate Holdings LLC), Patent Security Agreement (Boise Inc.)

Status of Security Interest. (a) Subject to the limitations set forth time periods in Section 4.5 and subject to subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent Trustee hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted Liens)Second Priority Lien.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Sunedison, Inc.), Securities Account Control Agreement (Sunedison, Inc.)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.46.4 and except as otherwise permitted by the Indenture, each Grantor shall maintain the security interest of the Collateral Agent Trustee hereunder in all Collateral as valid, perfected, first second priority Liens (subject, in the case of priority only, to Permitted Liens).

Appears in 2 contracts

Samples: Pledge and Security Agreement (Ocwen Financial Corp), Security Agreement (Ocwen Financial Corp)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.46.4 and subject to rights to sell, transfer or assign permitted under Section 6.5(b), each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first second priority Liens (subject, in the case of priority only, to Permitted Liens).

Appears in 2 contracts

Samples: Intercreditor Agreement (Bz Intermediate Holdings LLC), Patent Security Agreement (Boise Inc.)

Status of Security Interest. (a) Subject to the limitations set forth in Article 4 hereof and subsection (b) of this Section 6.46.04, each such Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority First Priority Liens (subject, in to the case of priority only, to Permitted Liens)extent required hereunder.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Hologic Inc), Pledge and Security Agreement (Gen Probe Inc)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted First Priority Liens).

Appears in 2 contracts

Samples: Intercreditor Agreement (Alion Science & Technology Corp), First Lien Pledge and Security Agreement (Alion Science & Technology Corp)

Status of Security Interest. (a) Subject subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, subject to Permitted Liens).

Appears in 1 contract

Samples: Pledge and Security Agreement (Safeguard Scientifics Inc)

Status of Security Interest. (a) Subject subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent Trustee hereunder in all Collateral in the United States as valid, perfected, first priority Liens (subject, in the case of priority only, to Priority Liens and Permitted Prior Liens).

Appears in 1 contract

Samples: Patent Security Agreement (Unisys Corp)

Status of Security Interest. (a) Subject to the limitations set forth time periods in Section 4.5 and subject to subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Administrative Agent hereunder in all Collateral as a valid, perfected, first priority Liens Lien (subject, in the case of priority only, to Permitted Liens).

Appears in 1 contract

Samples: Credit Agreement (SunEdison Semiconductor LTD)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.46.4 and except as otherwise permitted by the Note Purchase Agreement, each the Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, second priority (or, following the Discharge of the First Priority Obligations, first priority priority) Liens (subject, in the case of priority only, to Permitted Permit- xxx Liens).

Appears in 1 contract

Samples: Pledge and Security Agreement (Ocwen Financial Corp)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority valid and perfected Liens (subject, in the case of priority only, subject to Permitted Liens).

Appears in 1 contract

Samples: Second Lien Pledge and Security Agreement (American Casino & Entertainment Properties LLC)

Status of Security Interest. (a) Subject to the limitations set forth in Section 4 hereof and subsection (b) of this Section 6.4, each such Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted First Priority Liens).

Appears in 1 contract

Samples: Pledge and Security Agreement (Hologic Inc)

Status of Security Interest. (ad) Subject subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Administrative Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted Liens).

Appears in 1 contract

Samples: Pledge and Security Agreement (Sunedison, Inc.)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Pledged Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, subject to Permitted Liens).; and

Appears in 1 contract

Samples: Gaming Entities Pledge Agreement (American Casino & Entertainment Properties LLC)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted Third Priority Liens).

Appears in 1 contract

Samples: Third Lien Pledge and Security Agreement (Alion Science & Technology Corp)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.46.3, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted Liens).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Phillips Van Heusen Corp /De/)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent Trustee hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, subject to Permitted Liens).

Appears in 1 contract

Samples: Pledge and Security Agreement (American Casino & Entertainment Properties LLC)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Pledged Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, subject to Permitted Liens).

Appears in 1 contract

Samples: First Lien Gaming Entities Pledge Agreement (American Casino & Entertainment Properties LLC)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.46.5(b), each Grantor the Borrower shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first first-priority Liens (subject, in the case of priority only, to Permitted Liens).

Appears in 1 contract

Samples: Revolving Credit Agreement (Cheniere Energy Inc)

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Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subjectsubject to the Intercreditor Agreement, and, in the case of priority only, to Permitted Liens).

Appears in 1 contract

Samples: Second Lien Pledge and Security Agreement (RadNet, Inc.)

Status of Security Interest. (a) Subject to the thresholds, exclusions and limitations set forth in Article 4 hereof and subsection (b) of this Section 6.46.04, each such Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority First Priority Liens (subject, in to the case of priority only, to Permitted Liens)extent required hereunder.

Appears in 1 contract

Samples: Pledge and Security Agreement (Hologic Inc)

Status of Security Interest. (a) Subject to the limitations set forth in subsection subsections (b) through (d) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Term Loan First Lien Collateral as valid, perfected, first priority Liens and in all Revolving Facility First Lien Collateral as valid perfected, second priority Liens (subject, in the each case of priority only, to Permitted Liens).

Appears in 1 contract

Samples: Security Agreement (Five Below, Inc)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Parity Lien Collateral Agent Trustee hereunder in all Collateral as valid, perfected, first second priority Liens (subject, in the case of priority only, subject to Permitted LiensLiens ).

Appears in 1 contract

Samples: Security Agreement (Foresight Energy LP)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Pledged Collateral as valid, perfected, first priority valid and perfected Liens (subject, in the case of priority only, subject to Permitted Liens).

Appears in 1 contract

Samples: Second Lien Gaming Entities Pledge Agreement (American Casino & Entertainment Properties LLC)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, subject to Permitted Liens).; and

Appears in 1 contract

Samples: Pledge and Security Agreement (American Casino & Entertainment Properties LLC)

Status of Security Interest. (a) Subject subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent Trustee hereunder in all Collateral in the United States as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted Prior Liens).

Appears in 1 contract

Samples: Patent Security Agreement (Unisys Corp)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, subject only to Permitted Liens).

Appears in 1 contract

Samples: Pledge and Security Agreement (Hologic Inc)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent Trustee hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted Liens).

Appears in 1 contract

Samples: Pledge and Security Agreement (Goodman Networks Inc)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted Second Priority Liens).

Appears in 1 contract

Samples: Second Lien Pledge and Security Agreement (Alion Science & Technology Corp)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Priority Lien Collateral Agent Trustee hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, subject to Permitted Liens).

Appears in 1 contract

Samples: Priority Lien Debt Pledge and Security Agreement (Foresight Energy LP)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfectedperfected (to the extent perfection is required hereunder), first priority Liens (subject, in the case of priority only, subject to Permitted Liens).; and

Appears in 1 contract

Samples: Credit Agreement (Foresight Energy LP)

Status of Security Interest. (a) Subject subject to the limitations set forth in subsection (b) of this Section 6.4, the other terms of this Agreement, the terms of the Intercreditor Agreement and the other Indenture Documents, each Grantor shall maintain the security interest of the Notes Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subjectsubject to ABL Liens, in the case of priority only, to Permitted Notes Collateral Liens and Permitted Liens).; and

Appears in 1 contract

Samples: Pledge and Security Agreement (Global Brass & Copper Holdings, Inc.)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.46.4 and except as otherwise permitted by the Credit Agreement, each Grantor shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, subject to Permitted Liens).

Appears in 1 contract

Samples: Pledge and Security Agreement (Aeroflex Inc)

Status of Security Interest. (a) Subject to the limitations set forth in subsection (b) of this Section 6.4, each Grantor the Grantors shall maintain the security interest of the Collateral Agent hereunder in all Collateral as valid, perfected, first priority Liens (subject, in the case of priority only, to Permitted Liens).; and

Appears in 1 contract

Samples: Security and Pledge Agreement (BJs RESTAURANTS INC)

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