Valid Security Interest. The delivery of such Collateral to the Collateral Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds thereof, securing the Secured Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 12 contracts
Samples: Subsidiary Pledge Agreement (Foamex Fibers Inc), Foamex Pledge Agreement (Foamex Capital Corp), Foamex Pledge Agreement (Foamex Fibers Inc)
Valid Security Interest. The delivery of such Collateral to the Collateral Administrative Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds Proceeds thereof, subject to no other Liens, securing the payment of the Secured Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 7 contracts
Samples: Credit Agreement (Integra Lifesciences Holdings Corp), Credit Agreement (Integra Lifesciences Holdings Corp), Credit Agreement (Integra Lifesciences Holdings Corp)
Valid Security Interest. The delivery of such Collateral to the Collateral Agent Lender is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds thereof, securing the Secured Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 4 contracts
Samples: Pledge Agreement (Trace International Holdings Inc), Pledge Agreement (Trace International Holdings Inc), Pledge Agreement (Trace International Holdings Inc)
Valid Security Interest. The delivery of such Collateral to the Collateral Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds thereof, securing the Secured Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 4 contracts
Samples: Pledge Agreement (Calpine Corp), Security Agreement (Us Automotive Manufacturing Inc), First Amendment Pledge Agreement (Calpine Corp)
Valid Security Interest. The delivery of such Collateral to the Collateral Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds thereof, securing the Secured Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 4 contracts
Samples: Pledge Agreement (Pioneer Natural Resources Co), Pledge Agreement (Pioneer Natural Resources Co), Pledge Agreement (Pioneer Natural Resources Co)
Valid Security Interest. The delivery of such Collateral to the Collateral Administrative Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds thereof, securing the Secured Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 4 contracts
Samples: Holdings Pledge Agreement (Dri I Inc), Patent Security Agreement (Dri I Inc), Parent Pledge Agreement (Duane Reade Inc)
Valid Security Interest. The delivery of such Collateral to the Collateral Administrative Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds thereof, securing the Secured Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 3 contracts
Samples: Credit Agreement (Lone Pine Resources Inc.), Credit Agreement (Forest Oil Corp), Credit Agreement (Lone Pine Resources Inc.)
Valid Security Interest. The delivery of such the Collateral to the Custodian and the issuance of control of the Collateral Agent Account to the Custodian is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds thereof, securing the Secured Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 2 contracts
Samples: Securities Pledge Agreement (Brookdale Living Communities Inc), Securities Pledge Agreement (Brookdale Living Communities Inc)
Valid Security Interest. The delivery of such Collateral to the Collateral Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds thereof, securing the Secured Obligations. No Except for the filing of any UCC financing statement with respect to General Intangibles constituting Collateral, no filing or other action will be necessary to perfect or protect such security interest.
Appears in 2 contracts
Samples: Pledge Agreement (Novamed Inc), Pledge Agreement (Novamed Inc)
Valid Security Interest. The delivery of such Collateral to the Collateral Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds thereof, securing the Secured Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 2 contracts
Samples: Subsidiary Pledge Agreement (Aristotle Corp), Pledge Agreement (Aristotle Corp)
Valid Security Interest. The delivery of such Collateral to the Collateral Agent (or its bailee) is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds Proceeds thereof, subject to no other Liens other than First Priority Liens, securing the Secured payment of the Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 1 contract
Samples: Pledge Agreement (Acg Holdings Inc)
Valid Security Interest. The delivery of such Collateral to ----------------------- the Collateral Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds thereof, securing the Secured Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 1 contract
Samples: Security Agreement (Aristotle Corp)
Valid Security Interest. The delivery of such Collateral ----------------------- to the Collateral Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds thereof, securing the Secured Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 1 contract
Samples: Security Agreement (Aristotle Corp)
Valid Security Interest. The delivery of such the Collateral to the Collateral Agent is effective to create a valid, perfected, first priority perfected security interest in such Collateral and all proceeds thereof, thereof and securing the Secured ObligationsObligations and such security interest shall be a first priority security interest in the Collateral. No filing or other action will be necessary to perfect or protect such security interest. No real property owned by the Pledgor is encumbered by a Lien except such real property as is encumbered by a Lien in favor of the Collateral Agent for the benefit of the Lender Parties.
Appears in 1 contract
Valid Security Interest. The delivery of such Collateral to the Collateral Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds thereof, securing the Secured Obligations. No other filing or other action will be necessary to perfect or protect such security interest.
Appears in 1 contract
Samples: Pledge Agreement (Calpine Corp)
Valid Security Interest. The delivery of such Collateral to the Collateral Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all the proceeds thereof, securing the Secured Obligations. No other filing or other action will be necessary to perfect or protect such security interest.
Appears in 1 contract
Samples: Note Pledge Agreement (Calpine Corp)
Valid Security Interest. The delivery of such the Collateral to the Collateral Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds thereof, securing the Secured ObligationsLoan Balance. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 1 contract
Samples: Pledge Agreement (Symantec Corp)
Valid Security Interest. The delivery of such Collateral to the Collateral Administrative Agent is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds Proceeds thereof, subject to no other Liens (other than Permitted Liens), securing the payment of the Secured Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 1 contract
Samples: Security Agreement (Global Power Equipment Group Inc/)
Valid Security Interest. The delivery of such Collateral to the Collateral Agent Designated Purchaser, to hold for the benefit of the Secured Parties, is effective to create a valid, perfected, first priority security interest in such Collateral and all proceeds Proceeds thereof, subject to no other Liens, securing the payment of the Secured Obligations. No filing or other action will be necessary to perfect or protect such security interest.
Appears in 1 contract
