Certain Obligations Respecting Subsidiaries Further Assurances Sample Clauses

Certain Obligations Respecting Subsidiaries Further Assurances. (a) Such Obligor will take such action, and will cause each of its Subsidiaries to take such action, from time to time as shall be necessary to ensure that all Domestic Subsidiaries are “Subsidiary Guarantors” hereunder. Without limiting the generality of the foregoing, in the event that any Obligor or any of its Domestic Subsidiaries shall form or acquire any new Subsidiary, such Obligor will (or will cause such Subsidiary to) no later than within 60 days of such formation or acquisition:
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs
Certain Obligations Respecting Subsidiaries Further Assurances. Section 6.08 of the Loan Agreement is hereby amended by deleting Sections 6.08(a) and (b) in their entirety and substituting in lieu thereof the following:
Sample 1Sample 2
Certain Obligations Respecting Subsidiaries Further Assurances. 60 Section 8.13. Termination of Non-Permitted Liens61 Section 8.14. Intellectual Property62 Section 8.15. ERISA Compliance62 Section 8.16. Cash Management.62 Section 8.17. Post-Closing Obligations63
Sample 1
Certain Obligations Respecting Subsidiaries Further Assurances. Anything in this Amendment No. 1 or in the Credit Agreement as amended hereby notwithstanding, the Parent and the Borrower hereby agree to comply with the requirements of Section 6.10 of the Credit Agreement as amended hereby with respect to the Target and its Subsidiaries within five Business Days from the date hereof. Failure to observe or perform this covenant shall constitute an Event of Default under clause (d) of Article VIII of the Credit Agreement as amended hereby.
Sample 1
Certain Obligations Respecting Subsidiaries Further Assurances. (a) Such Obligor will take such action, and will cause each of its Subsidiaries to take such action, from time to time as shall be necessary to ensure that all Subsidiaries that are Domestic Subsidiaries and Permitted Foreign Subsidiaries are “Subsidiary Guarantors” hereunder. Without limiting the generality of the foregoing, in the event that Borrower or any of its Subsidiaries shall form or acquire any new Subsidiary that is a Domestic Subsidiary or a Permitted Foreign Subsidiary, such Obligor and its Subsidiaries concurrently will:
Sample 1
Certain Obligations Respecting Subsidiaries Further Assurances 
Sample 1Sample 2Sample 3See All (358)

Related to Certain Obligations Respecting Subsidiaries Further Assurances

  • Additional Security; Further Assurances; etc (a) The Borrowers will, and will cause each of the Subsidiary Guarantors to, grant to the Collateral Agent for the benefit of the Secured Creditors security interests and Mortgages in such assets and properties (in the case of Real Property, limited to Material Real Property) of the Borrowers and the Subsidiary Guarantors as are acquired after the Closing Date (other than assets constituting Excluded Collateral) and as may be reasonably requested from time to time by the Collateral Agent (collectively, as may be amended, amended and restated, modified, supplemented, extended or renewed from time to time, the “Additional Security Documents”). All such security interests and Mortgages shall be granted pursuant to documentation consistent with any Security Documents entered into on the Closing Date or otherwise reasonably satisfactory in form and substance to the Collateral Agent and (subject to exceptions as are reasonably acceptable to the Collateral Agent) shall constitute, upon taking all necessary perfection action (which the Credit Parties agree to take pursuant to clause (e) below) valid and enforceable perfected security interests and Mortgages (except to the extent that the enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws generally affecting creditors’ rights and by equitable principles (regardless of whether enforcement is sought in equity or at law)), subject to the ABL Intercreditor Agreement and any Pari Passu Intercreditor Agreement, superior to and prior to the rights of all third Persons other than holders of Permitted Liens with priority by virtue of applicable law and subject to no other Liens except for Permitted Liens. The Additional Security Documents or instruments related thereto shall be duly recorded or filed in such manner and in such places as are required by law to establish, perfect, preserve and protect (subject to exceptions as are reasonably acceptable to the Collateral Agent) the Liens in favor of the Collateral Agent required to be granted pursuant to the Additional Security Documents. Notwithstanding any other provision in this Agreement or any other Credit Document, no Excluded Subsidiary shall be required to pledge any of its assets to secure any obligations of the Borrowers under the Credit Documents or guarantee the obligations of the Borrowers under the Credit Documents.

  • OBLIGATIONS AND ACTIVITIES OF CONTRACTOR AS BUSINESS ASSOCIATE 1. Contractor agrees not to use or further disclose PHI County discloses to Contractor other than as permitted or required by this Business Associate Contract or as required by law.

Time is Money Join Law Insider Premium to draft better contracts faster.