Common use of UCC Filings Clause in Contracts

UCC Filings. Each of the Secured Parties hereby expressly recognizes and agrees that the Administrative Agent may be listed as the assignee or secured party of record on the various UCC filings required to be made under the Transaction Documents in order to perfect their respective interests in the Collateral, that such listing shall be for administrative convenience only in creating a record or nominee holder to take certain actions hereunder on behalf of the Secured Parties and that such listing will not affect in any way the status of the Secured Parties as the true parties in interest with respect to the Collateral. In addition, such listing shall impose no duties on the Administrative Agent other than those expressly and specifically undertaken in accordance with this Article XI.

Appears in 31 contracts

Samples: Credit and Security Agreement (WestRock Co), Credit Agreement (WestRock Co), Credit and Security Agreement (Quest Diagnostics Inc)

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UCC Filings. Each of the Secured Parties hereby Borrower, Agent and Lender expressly recognizes and agrees that the Administrative Agent may shall be listed as the assignee or secured party of record on the various UCC filings required to be made under the Transaction Documents hereunder in order to perfect their respective interests the grant of a security interest in the CollateralCollateral herein for the benefit of Lenders, that such listing shall be for administrative convenience only in creating a record or nominee holder single secured party to take certain actions hereunder on behalf of the Secured Parties holders of the Obligations, and that such listing will not affect in any way the status of the Secured Parties such holders as the true parties in interest with respect to the Collateralbeneficial holders of such security interest. In addition, such listing shall impose no duties on the Administrative Agent other than those expressly and specifically undertaken in accordance with this Article XISection 13.

Appears in 7 contracts

Samples: Loan and Security Agreement (Silverleaf Resorts Inc), Loan, Security and Agency Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc)

UCC Filings. Each of the Secured Parties hereby expressly recognizes and agrees that the Administrative Agent may be listed as the assignee or secured party of record on the various UCC filings required to be made under the Transaction Documents in order to perfect their respective interests in the Collateral, that such listing shall be for administrative convenience only in creating a record or nominee holder to take certain actions hereunder on behalf of the Secured Parties and that such listing will not affect in any way the status of the Secured Parties as the true parties in interest with respect to the Collateral. In addition, such listing shall impose no duties on the Administrative Agent other than those expressly and specifically undertaken in accordance with this Article XIXII.

Appears in 4 contracts

Samples: Loan Agreement (Arvinmeritor Inc), Loan Agreement (Arvinmeritor Inc), Loan Agreement (Bowater Inc)

UCC Filings. Each of the Secured Parties Lenders hereby expressly recognizes and agrees that the Administrative Agent may be listed designated as the assignee or secured party of record on the various UCC filings required to be made under this Agreement and the Transaction Documents party entitled to amend, release and terminate the UCC filings under the Sale Agreement in order to perfect their respective interests in the CollateralReceivables, Collections and Related Security, that such listing designation shall be for administrative convenience only in creating a record or nominee holder to take certain actions hereunder on behalf of the Secured Parties Lenders and that such listing will not affect in any way the status of the Secured Parties Lenders as the true parties in interest with respect to the Collateral. In addition, such listing shall impose no duties on the Administrative Agent other than those expressly and specifically undertaken in accordance with this Article XI.IX. ARTICLE X.

Appears in 2 contracts

Samples: Credit and Security Agreement (Columbus McKinnon Corp), Credit and Security Agreement (Columbus McKinnon Corp)

UCC Filings. Each of the Secured Parties hereby expressly recognizes and agrees that the Administrative Agent may be listed as the assignee or secured party of record on the various UCC filings required to be made under the Transaction Documents in order to perfect their respective interests in the Collateral, that such listing shall be for administrative convenience only in creating a record or nominee holder to take certain actions hereunder on behalf of the Secured Parties and that such listing will not affect in any way the status of the Secured Parties as the true parties in interest with respect to the Collateral. In addition, such listing shall impose no duties on the Administrative Agent other than those expressly and specifically undertaken in accordance with this Article XI.

Appears in 2 contracts

Samples: Credit and Security Agreement (Packaging Corp of America), Credit and Security Agreement (Packaging Corp of America)

UCC Filings. Each of the Secured Parties Lenders hereby expressly recognizes and agrees that the Administrative Agent may be listed as the assignee or secured party of record on the various UCC filings required to be made under the Transaction Documents in order to perfect their respective interests in the Collateral, that such listing shall be for administrative convenience only in creating a record or nominee holder to take certain actions hereunder on behalf of the Secured Parties Lenders and that such listing will not affect in any way the status of the Secured Parties Lenders as the true parties in interest with respect to the Collateral. In addition, such listing shall impose no duties on the Administrative Agent other than those expressly and specifically undertaken in accordance with this Article XIIX.

Appears in 2 contracts

Samples: Credit and Security Agreement (Tempur Sealy International, Inc.), Credit and Security Agreement (Tempur Sealy International, Inc.)

UCC Filings. Each of the Secured Parties hereby expressly recognizes and agrees that the Administrative Agent may be listed as the assignee or secured party of record on the various UCC filings required to be made under the Transaction Documents in order to perfect their respective interests in the Collateral, that such listing shall be for administrative convenience only in creating a record or nominee holder to take certain actions hereunder on behalf of the Secured Parties and that such listing will not affect in any way the status of the Secured Parties as the true parties in interest with respect to the CollateralReceivable, Collections, and Related Security. In addition, such listing shall impose no duties on the Administrative Agent other than those expressly and specifically undertaken in accordance with this Article XI.

Appears in 2 contracts

Samples: Assignment Agreement (Fisher Scientific International Inc), Assignment Agreement (Fisher Scientific International Inc)

UCC Filings. Each of the Secured Parties hereby expressly recognizes and agrees that the Administrative Agent may be listed as the assignee or secured party of record on the various UCC filings required to be made under the Transaction Documents in order to perfect their respective interests in the Collateral, that such listing shall be for administrative convenience only in creating a record or nominee holder to take certain actions hereunder on behalf of the Secured Parties and that such listing will not affect in any way the status of the Secured Parties as the true parties in interest with respect to the Collateral. In addition, such listing shall impose no duties on the Administrative Agent other than those expressly and specifically undertaken in accordance with this Article XI.. 60993798_4.DOC

Appears in 1 contract

Samples: Credit and Security Agreement (International Paper Co /New/)

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UCC Filings. Each of the Secured Parties hereby expressly ----------- recognizes and agrees that the Administrative Collateral Agent may be listed as the assignee or secured party of record on the various UCC filings required to be made under the Transaction Documents in order to perfect their respective interests in the Collateral, that such listing shall be for administrative convenience only in creating a record or nominee holder to take certain actions hereunder on behalf of the Secured Parties and that such listing will not affect in any way the status of the Secured Parties as the true parties in interest with respect to the CollateralReceivable, Collections, and Related Security. In addition, such listing shall impose no duties on the Administrative Collateral Agent other than those expressly and specifically undertaken in accordance with this Article XI.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Owens & Minor Inc/Va/)

UCC Filings. Each of the Secured Parties hereby expressly recognizes and agrees that the Administrative Agent may be listed as the assignee or secured party of record on the various UCC filings required to be made under the Transaction Documents in order to perfect their respective -38- interests in the Collateral, that such listing shall be for administrative convenience only in creating a record or nominee holder to take certain actions hereunder on behalf of the Secured Parties and that such listing will not affect in any way the status of the Secured Parties as the true parties in interest with respect to the Collateral. In addition, such listing shall impose no duties on the Administrative Agent other than those expressly and specifically undertaken in accordance with this Article XI.

Appears in 1 contract

Samples: Credit and Security Agreement (Packaging Corp of America)

UCC Filings. Each of the Secured Parties hereby expressly recognizes and agrees that the Administrative Agent may be listed as the total assignee of secured party or secured party of record on the various UCC filings required to be made under the Transaction Documents in order to perfect their respective interests in the CollateralPurchased Assets, that such listing shall be for administrative convenience only in creating a record or nominee holder to take certain actions hereunder on behalf of the Secured Parties and that such listing will not affect in any way the status of the Secured Parties as the true parties in interest with respect to the CollateralReceivable, Collections, and Related Security. In addition, such listing shall impose no duties on the Administrative Agent other than those expressly and specifically undertaken in accordance with this Article XI.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Caremark Rx Inc)

UCC Filings. Each of the Secured Parties hereby expressly recognizes and agrees that the Administrative Agent may be listed as the assignee or secured party of record on the various UCC filings required to be made under the Transaction Documents in order to perfect their respective interests in the Collateral, that such listing shall be for administrative convenience only in creating a record or nominee holder to take certain actions hereunder on behalf of the Secured Parties and that such listing will not affect in any way the status of the Secured Parties as the true parties in interest with respect to the Collateral. In addition, such listing shall impose no duties on the Administrative Agent other than those expressly and specifically undertaken in accordance with this Article XI.. 46234227 1009038607v4 Exhibit 10.34 ARTICLE 12. ASSIGNMENTS; PARTICIPATIONS

Appears in 1 contract

Samples: Credit and Security Agreement (International Paper Co /New/)

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