Common use of Collateral Documents Clause in Contracts

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section Sections 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.01, 6.12 or 6.12 6.20 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Permitted Liens permitted by Section 7.01that are senior in priority under applicable Law) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section Sections 4.01 or 6.12 6.11 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.01 and other than as a result of the acts or omissions of the Administrative Agent with respect to perfection requirements) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Article 4 or Section 4.01 or 6.12 6.11 shall for any reason (other than pursuant to the terms thereofhereof) cease to create a valid and perfected first priority Lien (subject as to priority to Permitted Liens permitted by Section 7.01(other than with respect to Equity Interests pledged under any Pledge Agreement)) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section Sections 4.01 or 6.12 6.08 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.03) on the Collateral purported to be covered thereby, to the extent such Lien is required to be perfected pursuant to the Loan Documents; or any Loan Party shall, directly or indirectly, contest in any manner such effectiveness, validity, binding nature or enforceability; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby except to the extent any such perfection or priority is not required thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.1 or 6.12 shall for any reason (other than pursuant to the terms thereofof the Loan Documents and other than as a result of any action or omission of any Secured Party) cease to create a valid and perfected first priority Lien (subject only to Liens permitted by Section 7.01Permitted Liens) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or Sections 6.12 and 6.18 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on and security interest in the Collateral purported to be covered thereby, subject only to nonconsensual Permitted Prior Liens, or any Loan Party shall assert in writing such invalidity or lack of perfection or priority; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.01(a)) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Article IV or Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority First Priority Lien (subject to Liens permitted by Section 7.01) ), on the Collateral purported to be covered thereby, with an aggregate fair market value for such Collateral of $5,000,000, for any reason other than the failure of Administrative Agent to maintain control over any Collateral in its possession; or

Collateral Documents. Any any Collateral Document after delivery thereof pursuant to Section 4.01 3.01 or 6.12 5.01(k) hereof shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) lien on and security interest in the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by under Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject only to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to the Security Agreement or Section 4.01 4.01, Section 6.12 or 6.12 Section 6.14 hereof shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first first-priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; orby the Collateral Documents;

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section Sections 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 6.13 shall for any reason (other than pursuant to the terms hereof or thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on any portion of the Collateral purported to be covered thereby; orhereby or thereby that the Administrative Agent deems material.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 or the terms of the Loan Documents shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.01 and the Intercreditor Agreement) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.01, 6.12 or 6.12 6.14 shall for any reason (other than pursuant to the terms thereofthereof or as permitted hereunder) cease to create a valid and perfected first priority Lien (subject to Liens permitted under Section 7.01 that are mandatorily preferred by Section 7.01Law or as permitted hereunder) on any portion of the Collateral purported to be covered therebyencumbered pursuant to the Collateral Documents; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 of the Original Credit Agreement or Section 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Article 4 or Section 4.01 or 6.12 6.11 shall for any reason (other than pursuant to the terms thereofhereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Prior Liens) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms hereof or thereof) cease to create a valid and perfected (subject to Section 4.7(b) of the Security Agreement in the case of IP Rights) first priority Lien (subject to Liens permitted by Section 7.01Permitted Prior Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofthereof or as a result of any action or inaction within the control of the Administrative Agent) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or;

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or Section 6.12 shall for any reason (other than pursuant to the terms hereof or thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.01, or 6.12 shall for any reason (other than pursuant to the terms thereofof the Loan Documents) cease to create a valid and perfected first priority Lien (subject only to Liens permitted by Section 7.01the Permitted Encumbrances) on the Collateral with a fair market value equal to or greater than $3,000,000 purported to be covered thereby; or;

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 6.13 or 6.12 6.14 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on in any material portion of the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.02 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority First Priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; orby the Collateral Documents;

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 6.14 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.01 and Disposition permitted by Section 4.10 of the Indenture) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofthereof including as a result of a transaction permitted under Section 7.04 or 7.05) cease to create a valid and perfected first priority Lien (lien on and security interest in the Collateral covered thereby, subject to Liens permitted by under Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; orthereby (except to the extent such failure is the result of any action or inaction by the Administrative Agent).

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 Section 6.13(b) shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on all of the Collateral purported to be covered therebythereby or on any portion of the Collateral purported to be covered thereby with a value (as reasonably determined by the Administrative Agent) in excess of $5,000,000 individually or in the aggregate; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first Lien with the priority Lien (subject to Liens permitted required by Section 7.01) the applicable Collateral Document and the Intercreditor Agreement on any material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; or;

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.02 or 6.12 shall for any reason (other than pursuant to or as provided in the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document Document, whether (i) existing on the Closing Date, (ii) after delivery thereof pursuant to Section 4.01 4.01, Section 6.12, Section 6.13, or 6.12 (iii) otherwise, shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 5.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.016.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on a material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofthereof or as expressly permitted hereunder) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.01, 6.10 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on Collateral consisting of Accounts of the type included in the Borrowing Base unless such occurrence results solely from action of the Administrative Agent or any Lender and involves no Default by the Borrower or any Guarantor hereunder or under any Collateral purported to be covered thereby; orDocument.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on any material portion of the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms hereof of thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofof the Loan Documents) cease to create a valid and perfected first priority Lien (subject only to Liens permitted by Section 7.01Permitted Encumbrances) on the Collateral purported to be covered thereby; or;

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered therebythereby (with respect to IP Rights, in the United States, and except to the extent such failure is the result of any action or inaction by the Administrative Agent); or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby, other than if such failure of perfection is due to the Administrative Agent’s failure to file properly or properly file any applicable continuations; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.02 or 6.12 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms hereof of thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.01 and the Term Intercreditor Agreement) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (and subject to rights of other secured parties under the Intercreditor Agreement and subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 the terms of this Agreement shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofthereof or any Loan Document or, to the extent governed by foreign law, due to the effect of such foreign law or action of any foreign Governmental Authority) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on a material amount or value of the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.02 or 6.12 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 Section 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Article 4 or Section 4.01 or 6.12 6.11 shall for any reason (other than pursuant to the terms thereofhereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 Section 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.01, 4.02 or 6.12 shall for any reason (other than pursuant to the terms thereof) thereof cease to create a valid and perfected (to the extent perfection is required pursuant to the relevant Collateral Document) first priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofthereof or as expressly permitted hereunder) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on a material portion of the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Permitted Collateral Liens) Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; orthereby free and clear of all Liens other than Permitted Collateral Liens.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section Sections 4.01 or 6.12 6.08 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.017.03) on the Collateral purported to be covered thereby, to the extent such Lien is required to be perfected pursuant to the Loan Documents; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 6.13 or 6.12 6.14 shall cease for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on in any material portion of the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofhereof or thereof including as a result of a transaction permitted under Section 7.04 or 7.05) cease to create a valid and perfected first priority Lien (subject to Liens permitted lien on and security interest in a material portion of Collateral covered by Section 7.01) on the Collateral purported to be covered thereby; orDocuments as a whole, subject to

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 2.19, 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 6.09 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; orthereby having a fair market value in excess of $5,000,000 that is purported to be covered thereby unless such occurrence results solely from action of the Administrative Agent or any Lender and involves no Default by the Borrower or any Guarantor hereunder or under any Collateral Document.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.1 or 6.12 shall for any reason (other than pursuant to the terms thereofof the Loan Documents and other than as a result of any action or omission of any Secured Party) cease to create a valid and perfected first priority Lien (subject only to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien other than due to or failure by the Administrative Agent to take appropriate perfection action (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.02, 6.12 or 6.12 6.13 shall for any reason (other than pursuant to the terms thereof) ), cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.1, 6.12 or 6.12 6.13 shall for any reason (other than pursuant to to, or as permitted by, the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby, which Collateral has a Fair Market Value in excess of the Threshold Amount; oror (m)

Collateral Documents. Any Collateral Document after -------------------- delivery thereof pursuant to Section 4.01 or 6.12 shall for any ------------ ---- reason (other than pursuant to the terms 119 hereof of thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the ------------- Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 of the Original Credit Agreement or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Article 4, Section 4.01 9.12 or 6.12 Section 9.14 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by under Section 7.0110.1) on any portion of the Collateral purported to be covered therebyencumbered pursuant to the Collateral Documents; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease ceases to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Article 4 or Section 4.01 or 6.12 shall 6.11 shall, for any reason (other than pursuant to the terms thereof) hereof), cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Prior Liens) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.01, Section 4.02 or Section 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien Lien, as the case may be (subject to Liens permitted by Section 7.01) on the Collateral that is not immaterial purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofthereof or resulting from any act or omission of the Administrative Agent) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Article 4 or Section 4.01 6.11 or 6.12 6.17 shall for any reason (other than pursuant to the terms thereofhereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01Permitted Liens) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 6.13 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 6.15 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to the Second Amendment, Section 4.01 4.01, Section 6.12 or 6.12 Section 6.13, or otherwise, shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 Sections 3.1, 6.12 or 6.12 6.17 shall for any reason (other than pursuant to the terms hereof or thereof) cease to create a valid and perfected first priority Lien (in the case of ABL Priority Collateral) or second priority Lien (in the case of the CS Term Loan Priority Collateral), in each case subject to Liens permitted by Section 7.01) Permitted Liens, on any material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofthereof and except to the extent resulting from the negligent or willful failure by the Administrative Agent to perfect Liens granted pursuant thereto) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; or.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral having a fair market value in excess of $5,000,000 that is purported to be covered thereby; orthereby unless such occurrence results solely from action of the Administrative Agent or any Lender and involves no Default by the Borrower or any Guarantor hereunder or under any Collateral Document.

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 4.01, Section 4.02 or Section 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien or second priority Lien, as the case may be (subject to Liens permitted by Section 7.01) on the Collateral that is not immaterial purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) thereof cease to create a valid and perfected (to the extent perfection is required pursuant to the relevant Collateral Document) first priority Lien (subject to Liens permitted by Section 7.01) on any material portion of the Collateral purported to be covered thereby; or

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofthereof or resulting from any act or omission of the Administrative Agent) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or. 8.02

Collateral Documents. Any Collateral Document after delivery thereof pursuant to Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereofthereof or as a result of any action or inaction within the control of the Administrative Agent) cease to create a valid and perfected first priority Lien (subject to Liens permitted by Section 7.01) on the Collateral purported to be covered thereby; or135