Future Liens. Promptly, and in any event within twenty-one (21) days after (a) the acquisition of any assets (real, personal, tangible, or intangible) by Borrower or any Guarantor or (b) the removal, termination, or expiration of any prohibition upon the granting of a lien in any asset (real, personal, tangible, or intangible) of any Borrower or any Guarantor (including, without limitation, the granting of liens in all general and limited partnership interests in which Borrower and Guarantors own 100% of the partnership interests) (the "Additional Assets"), Borrower shall (or shall cause such other Guarantor to) execute and deliver to Administrative Agent all further instruments and documents (including, without limitation, certificates and instruments representing shares of stock or evidencing Debt and any realty appraisals as Administrative Agent may require with respect to any such Additional Assets), and shall take all such further action that may be necessary or desirable, or that Administrative Agent may reasonably request, to grant, perfect, and protect liens in favor of Administrative Agent for the benefit of Lenders in such Additional Assets, as security for the Obligations; it being expressly understood that the granting of such additional security for the Obligations is a material inducement to the execution and delivery of this Agreement by each Lender. Upon satisfying the terms and conditions hereof, such Additional Assets shall be included in the "Collateral" for all purposes under the Loan Documents, and all references to the "Collateral" in the Loan Documents shall include the Additional Assets.
Future Liens. As of the Closing Date, except with respect to Permitted Liens, there will be no currently effective financing statement, security agreement or other document filed or recorded with any filing records, registry or other public office that purports to cover, affect or give notice of any present or possible future Lien on, or security interest in, any assets or property of the Company or any Guarantor, except for Permitted Liens.
Future Liens. Promptly after (a) the acquisition of any material assets (real, personal, tangible, or intangible) by any Borrower, (b) the removal, termination, or expiration of any prohibitions upon the granting of a Lien in any asset (real, personal, tangible, or intangible) of any Borrower, or (c) upon the designation, formation, or acquisition of any new Subsidiary of any Borrower (the assets described in clauses (a) through (c) hereof are referred to herein as the "Additional Assets"), such Borrower shall (or shall cause the appropriate new Subsidiary to) execute and deliver to Administrative Agent all further instruments and documents (including, without limitation, Collateral Documents, and all certificates and instruments representing shares of stock or evidencing Debt and any realty appraisals as Administrative Agent may require with respect to any such Additional Assets), and shall take all further action that may be necessary or desirable, or that Administrative Agent may reasonably request, to grant, perfect, and protect Liens in favor of Administrative Agent for the benefit of Holders in such Additional Assets; it being expressly understood that the granting of such additional security for the Obligation is a material inducement to the execution and delivery of this Agreement by each Holder. Upon satisfying the terms and conditions hereof, such Additional Assets shall be included in the "Collateral" for all purposes under the Loan Documents, and all references to the "Collateral" in the Loan Documents shall include the Additional Assets. Notwithstanding the foregoing, no Borrower shall be required to grant Liens to Administrative Agent for the benefit of Holders in Additional Assets except to the extent Senior Lenders have been granted Liens in such Additional Assets, in which event Administrative Agent for the benefit of Holders shall take a second priority Lien in such Additional Assets subject to the terms of the Intercreditor Agreement.
Future Liens. Other than as permitted in Section 6.6, promptly upon the designation, formation, or Acquisition of any new Restricted Subsidiary of any Company (each new Restricted Subsidiary being referred to herein as the "Additional Assets"), Restricted Borrowers shall (or shall cause the appropriate Company to) execute and deliver to Administrative Agent all further instruments and documents (including, without limitation, Collateral Documents and all certificates and instruments representing shares of stock or other equity interests), and shall take all further action that may be necessary or desirable, or that Administrative Agent may reasonably request, to grant, perfect, and protect Liens in favor of Administrative Agent for the benefit of Lenders in such Additional Assets, as security for the Obligation to the extent Liens are required in such assets pursuant to Section 6.2; it being expressly understood that the granting of such additional security for the Obligation is a material inducement to the execution and delivery of this Agreement by each Lender. Upon satisfying the terms and conditions hereof, such Additional Assets shall be included in the "Collateral" for all purposes under the Loan Documents, and all references to the "Collateral" in the Loan Documents shall include the Additional Assets.
Future Liens. Promptly after (a) the acquisition of any assets (real, personal, tangible, or intangible) by any Company, (b) the removal, termination, or expiration of any prohibitions upon the granting of a Lien in any asset (real, personal, tangible, or intangible) of any Company, or (c) upon the designation, formation, or acquisition of any new Subsidiary (the assets and stock of such new Subsidiary and the assets described in CLAUSES (a) and (b) hereof are referred to herein as the "ADDITIONAL ASSETS"), Borrower shall (or shall cause such other Company to) execute and deliver to Administrative Agent all further instruments and documents (including, without limitation, Collateral Documents and all certificates and instruments representing shares of stock or evidencing Debt and any realty appraisals as Administrative Agent may require with respect to any such Additional Assets), and shall take all further action that may be necessary or desirable, or that Administrative Agent may reasonably request, to grant, perfect, and protect Liens in favor of Administrative Agent for the benefit of the Lenders in such Additional Assets, as security for the Obligation; IT BEING EXPRESSLY UNDERSTOOD that the granting of such additional security 44 XXXXXX/SYGNET OPERATING CREDIT AGREEMENT
Future Liens. In addition to their obligations under Section 15, the Parties hereby agree that if the Cable, Cable Accessories, Structures, or FiveCom Fibers are or become subject to any mechanics', artisan's or materialmen's lien, or other encumbrance chargeable to or through a Party, that Party shall promptly cause such lien or encumbrance to be discharged and released of record (by payment, posting of bond, court deposit or other means) without cost to the other Party and shall indemnify that other Party against all costs and expenses (including reasonable attorney's fees) incurred in discharging and releasing such lien or encumbrance; provided, however, that if any such lien or encumbrance is not so discharged and released within 30 days after written notice to the Party responsible for the lien, then the other Party may pay for or secure the release or discharge thereof at the expense of Party responsible for the lien.
Future Liens. Tenant agrees to subordinate this Lease and its interest in the Premises and the Land to the lien of any Superior Mortgagee who comes into existence at any time prior to the expiration of the Term, provided that such subordination is conditioned upon the Superior Mortgagee's delivery to Tenant of an executed SNDA substantially in the form of Exhibit "E", or on another commercially reasonable form required by the Superior Mortgagee.
Future Liens. Promptly after (a) the acquisition of any assets (real, personal, tangible, or intangible) by any Company or any Guarantor, (b) the removal, termination, or expiration of any prohibitions upon the granting of a Lien in any asset (real, personal, tangible, or intangible) of any Company or any Guarantor, or (c) upon the designation, formation, or acquisition of any new Subsidiary (the assets and stock of such new Subsidiary and the assets described in CLAUSES (a) and (b) hereof are referred to herein as the "ADDITIONAL ASSETS"), Borrower shall (or shall cause such other Company or Guarantor to) execute and deliver to Collateral Agent all further instruments and documents (including, without limitation, Collateral Documents and all certificates and instruments representing shares of stock or evidencing Debt and any realty appraisals as Collateral Agent may require with respect to any such Additional Assets), and shall take all further action that may be necessary or desirable, or that Collateral Agent or Administrative Agent may reasonably request, to grant, perfect, and protect Liens in favor of Collateral Agent for the benefit of Lenders and the 364-Day Facility Lenders in such Additional Assets, as security for the Obligation and the 364-Day Facility Obligation; IT BEING EXPRESSLY UNDERSTOOD that the granting of such additional security for the Obligation is a material inducement to the execution and delivery of this Agreement by each Lender. Upon satisfying the terms and conditions hereof, such Additional Assets shall be included in the "COLLATERAL" for all purposes under the Loan Papers, and all references to the "COLLATERAL" in the Loan Papers shall include the Additional Assets.
Future Liens. Any Lien encumbering the Non-CPLV Lease Collateral received by any Tenant Financing Collateral Agent or any other Tenant Financing Claimholder in respect of any of the Tenant Financing Obligations in any Insolvency or Liquidation Proceeding and (y) any Lien encumbering the Non-CPLV Lease Collateral received by Landlord in respect of the Non-CPLV Lease Obligations in any Insolvency or Liquidation Proceeding shall be subject to the terms of this Agreement.
Future Liens. Promptly after (a) the acquisition of any assets (real, personal, tangible, or intangible) by any Company or any Guarantor, (b) the removal, termination, or expiration of any prohibitions upon the granting of a Lien in any asset (real, personal, tangible, or intangible) of any Company or any Guarantor, or (c) upon the designation, formation, or acquisition of any new Subsidiary (the assets and stock of such new Subsidiary and the assets described in CLAUSES (a) and (b) hereof are referred to herein as the "ADDITIONAL ASSETS"), Borrower shall (or shall cause such other Company or Guarantor to) execute and deliver to Collateral Agent all further instruments and documents (including, without limitation, Collateral Documents and all certificates and instruments representing shares of stock or evidencing Debt and [any realty appraisals] as Collateral Agent may require with respect to any such Additional Assets), and shall take all further action that may be necessary or desirable, or that Collateral Agent or Administrative Agent may reasonably request, to grant, perfect, and protect Liens in favor of
