Common use of The Security Documents Clause in Contracts

The Security Documents. (a) The provisions of the Security Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the Security Agreement Collateral (subject to any limitations specified therein), and the Collateral Agent, for the benefit of the Secured Creditors, shall when filings on form UCC-1 in appropriate form are filed in offices located in the jurisdictions specified on Annex C to the Security Agreement, have a fully perfected first lien on, and security interest in, all right, title and interest in all of the Security Agreement Collateral described therein (other than U.S. registrations and applications for trademarks, patents and copyrights for which applicable law requires in a filing of a federal agency for perfection purposes), to the extent perfection can be obtained by filing form UCC-1s, subject to no other Liens other than Permitted Liens. The recordation of (x) the Grant of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective form attached to the Security Agreement, in each case in the United States Patent and Trademark Office, together with filings on Form UCC-1 made pursuant to the Security Agreement, will create, as may be perfected by such filings and recordation, a perfected security interest in the United States trademarks and patents covered by the Security Agreement, and the recordation of the Grant of Security Interest in U.S. Copyrights in the form attached to the Security Agreement with the United States Copyright Office, together with filings on Form UCC-1 made pursuant to the Security Agreement, will create, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the Security Agreement (it being understood that subsequent filings may be necessary to perfect a security interest in registered trademarks, patents, trademark and patent applications, and registered copyrights, acquired by the Credit Parties after the date hereof).

The Security Documents. (a) The provisions of the Security Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors (subject to the provisions of the Intercreditor Agreement) a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the Security Agreement Collateral (subject to any limitations specified described therein), and the Collateral Agent, for the benefit of the Secured Creditors, shall when filings on form UCC-1 in appropriate form are filed in offices located in the jurisdictions specified on Annex C to the Security Agreement, upon the filing of Form UCC-1 financing statements or the appropriate equivalent (which filings have been made), creates a fully perfected first (except as otherwise expressly provided in Section 3.2(d) of the Pledge Agreement with respect to Gaming Patron Indebtedness) lien on, and security interest in, all right, title and interest in all of the Security Agreement Collateral described therein (other than U.S. registrations and applications for trademarks, patents and copyrights for which applicable law requires in a filing of a federal agency for perfection purposes), to the extent perfection can be obtained by filing form UCC-1stherein, subject to no other Liens other than Permitted Liens. The recordation of (x) the Grant Assignment of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective form attached to the Security Agreement, in each case Agreement in the United States Patent and Trademark Office, Office together with filings on Form UCC-1 made pursuant to the Security AgreementAgreement will be effective, will createunder applicable law, as may be perfected by such filings and recordation, a perfected to perfect the security interest granted to the Collateral Agent in the United States trademarks and patents covered by the Security Agreement, Agreement and the recordation of the Grant Assignment of Security Interest in U.S. Copyrights in the form attached to the Security Agreement with the United States Copyright Office, Office together with filings on Form UCC-1 made pursuant to the Security Agreement, Agreement will create, as may be perfected by such filings and recordation, a perfected effective under federal law to perfect the security interest granted to the Collateral Agent in the United States copyrights covered by the Security Agreement. Each Credit Party has good and valid title to all Security Agreement Collateral described therein, free and clear of all Liens except those described above in this clause (it being understood that subsequent filings may be necessary to perfect a security interest in registered trademarks, patents, trademark and patent applications, and registered copyrights, acquired by the Credit Parties after the date hereofa).

The Security Documents. (a) The provisions of the Security ---------------------- Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties Borrower and the Subsidiary Guarantors in the Security Agreement Collateral (subject to any limitations specified described therein), and the Collateral Agent, for the benefit of the Secured Creditors, shall when filings on form UCC-1 in appropriate form are filed in offices located in the jurisdictions specified on Annex C to the Security Agreement, upon the filing of Form UCC-1 financing statements or the appropriate equivalent (which filings have been made) or other methods of perfection (which have been completed), creates, a fully perfected first lien on, and security interest in, all right, title and interest in all of the Security Agreement Collateral described therein (other than U.S. registrations and applications for trademarkstherein, patents and copyrights for which applicable law requires in a filing of a federal agency for perfection purposes), to the extent perfection can security interest shall be obtained by filing form UCC-1s, subject to no other Liens other than Permitted LiensFilings. The recordation of (x) the Grant Assignment of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective form attached to the Security Agreement, in each case Agreement in the United States Patent and Trademark Office, Office together with filings on Form UCC-1 made pursuant to the Security AgreementAgreement are effective, will createunder applicable law, as may be perfected by such filings and recordation, a perfected to perfect the security interest granted to the Collateral Agent in the United States trademarks and patents covered by the Security Agreement, Agreement and the recordation of the Grant Assignment of Security Interest in U.S. Copyrights in the form attached to the Security Agreement with the United States Copyright Office, Office together with filings on Form UCC-1 made pursuant to the Security Agreement, will create, as may be perfected by such filings and recordation, a perfected Agreement are effective under federal law to perfect the security interest granted to the Collateral Agent in the United States copyrights covered by the Security Agreement. The Borrower and each Subsidiary Guarantor has good and marketable title to all Security Agreement Collateral pledged by it under the Security Agreement, free and clear of all Liens except those described above in this clause (it being understood that subsequent filings may be necessary to perfect a security interest in registered trademarks, patents, trademark and patent applications, and registered copyrights, acquired by the Credit Parties after the date hereofa).

The Security Documents. (a) The provisions of the Security Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties Borrower and the Subsidiary Guarantors in the Security Agreement Collateral (subject to any limitations specified described therein), as collateral security for the payment and performance of the Loans and the other Obligations, and the Collateral Agent, for the benefit of the Secured Creditors, shall when filings on form UCC-1 in appropriate form are filed in offices located in the jurisdictions specified on Annex C to the Security Agreement, upon the filing of Form UCC-1 financing statements or the appropriate equivalent (which filings have been made) or other methods of perfection (which have been completed to the extent required by the Security Agreement), creates, a fully (and to the extent required by the Security Agreement) perfected first lien on, and security interest in, all right, title and interest in all of the Security Agreement Collateral described therein (other than U.S. registrations and applications for trademarkstherein, patents and copyrights for which applicable law requires in a filing of a federal agency for perfection purposes), to the extent perfection can security interest shall be obtained by filing form UCC-1s, subject to no other Liens other than Permitted Liens. The recordation of (x) the Grant of Security Interest Agreement in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective form attached to the Security Agreement, in each case in the United States Patent and Trademark Office, Office together with filings on Form UCC-1 made pursuant to the Security AgreementAgreement are effective, will createunder applicable law, to perfect the security interest, as may be perfected by such filings collateral security for the payment and recordationperformance of the Loans and the other Obligations, a perfected security interest granted to the Collateral Agent for the benefit of the Secured Creditors in the United States trademarks and patents covered by the such Security Agreement, Agreement in U.S. Patents and Trademarks and the recordation of the Grant of Security Interest Agreement in U.S. Copyrights in the form attached to the Security Agreement with the United States Copyright Office, Office together with filings on Form UCC-1 made pursuant to the Security Agreement, will createAgreement are effective under federal law to perfect the security interest, as may be perfected by such filings collateral security for the payment and recordationperformance of the Loans and the other Obligations, a perfected security interest granted to the Collateral Agent for the benefit of the Secured Creditors in the United States copyrights covered by the such Security Agreement (it being understood that subsequent filings may be necessary to perfect a security interest in registered trademarks, patents, trademark and patent applications, and registered copyrights, acquired by the Credit Parties after the date hereof).U.S.

The Security Documents. (a) The provisions of the Security Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of each Credit Party party to the Credit Parties Security Agreement in the Security Agreement Collateral (subject to any limitations specified therein)Collateral, and the Collateral Agent, for the benefit of the Secured Creditors, shall when filings on form UCC-1 in appropriate form are filed in offices located in the jurisdictions specified on Annex C to the Security Agreement, upon the filing of Form UCC-1 financing statements or the appropriate equivalent (which filings have been made), creates a fully perfected first lien on, and security interest in, all right, title and interest in all of the Security Agreement Collateral described therein (other than U.S. registrations and applications for trademarks, patents and copyrights for which applicable law requires in a filing of a federal agency for perfection purposes), to the extent perfection can that such Security Agreement Collateral consists of the type of property in which a security interest may be obtained perfected by filing form UCC-1sa financing statement under the UCC as enacted in any relevant jurisdiction, subject to no other Liens other than Permitted Liens. The recordation of (x) the Grant Assignment of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective form attached to the Security Agreement, in each case Agreement in the United States Patent and Trademark Office, Office together with filings on Form UCC-1 made pursuant to the Security AgreementAgreement will be effective, will createunder applicable law, as may be perfected by such filings and recordation, a perfected to perfect the security interest granted to the Collateral Agent in the United States trademarks and patents covered by the amended and restated Security Agreement, Agreement and the recordation of the Grant Assignment of Security Interest in U.S. Copyrights in the form attached to the Security Agreement with the United States Copyright Office, Office together with filings on Form UCC-1 made pursuant to the Security Agreement, Agreement will create, as may be perfected by such filings and recordation, a perfected effective under federal law to perfect the security interest granted to the Collateral Agent in the United States copyrights covered by the Security Agreement. Each Credit Party to the Security Agreement (it being understood that subsequent filings may be necessary has good and valid title to perfect a security interest in registered trademarksall Security Agreement Collateral owned by it, patents, trademark free and patent applications, and registered copyrights, acquired by the Credit Parties after the date hereof)clear of all Liens except Permitted Liens.

The Security Documents. (a) The provisions of the Security Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the Security Agreement Collateral (subject to any limitations specified described therein), and the Collateral Agent, for the benefit of the Secured Creditors, shall when filings on form UCC-1 in appropriate form are filed in offices located in the jurisdictions specified on Annex C to the Security Agreement, upon the filing of Form UCC-1 financing statements or the appropriate equivalent (which filings, if this representation is being made more than 10 days after the Initial Borrowing Date, have been made), create a fully perfected first lien on, and security interest in, all right, title and interest in all of the Security Agreement Collateral described therein (other than U.S. registrations and applications for trademarks, patents and copyrights for which applicable law requires in a filing of a federal agency for perfection purposes)therein, to the extent perfection can that a security interest may be obtained perfected therein by filing form UCC-1sa financing statement under the UCC, subject to no other Liens other than Permitted Liens. The recordation of (x) the Grant Assignment of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective form attached to the Security Agreement, in each case Agreement in the United States Patent and Trademark Office, Office together with filings on Form UCC-1 made pursuant to the Security AgreementAgreement will be effective, will createunder applicable law, as may be perfected by such filings and recordation, a perfected to perfect the security interest granted to the Collateral Agent in the United States trademarks and patents covered by the Security Agreement, and the recordation . Each of the Grant of Security Interest in U.S. Copyrights in the form attached Credit Parties party to the Security Agreement with the United States Copyright Office, together with filings on Form UCC-1 made pursuant has good and valid title to the all Security Agreement, will create, as may be perfected Agreement Collateral owned by such filings Credit Party described therein, free and recordation, a perfected security interest clear of all Liens except those described above in the United States copyrights covered by the Security Agreement this clause (it being understood that subsequent filings may be necessary to perfect a security interest in registered trademarks, patents, trademark and patent applications, and registered copyrights, acquired by the Credit Parties after the date hereofa).

The Security Documents. (a) The provisions of the Security Agreement are effective to create or maintain in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the Security Agreement Collateral (subject to any limitations specified described therein), and the Collateral Agent, for the benefit of the Secured Creditors, shall when filings on form UCC-1 in appropriate form are filed in offices located in the jurisdictions specified on Annex C to the Security Agreement, upon the filing of Form UCC-1 financing statements or the appropriate equivalent (which filings have been made), create or maintain a fully perfected first lien on, and security interest in, all right, title and interest in all of the Security Agreement Collateral described therein (other than U.S. registrations and applications for trademarks, patents and copyrights for which applicable law requires in a filing of a federal agency for perfection purposes), to the extent perfection can be obtained by filing form UCC-1stherein, subject to no other Liens other than Permitted Liens, to the extent a security interest in such collateral can be perfected or maintained by the filing of a financing statement. The recordation of (x) the Grant Assignment of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective form attached to the Security Agreement, in each case Agreements in the United States Patent and Trademark Office, Office together with filings on Form UCC-1 made pursuant to the Security AgreementAgreement will be effective, will createunder applicable law, as may be perfected by such filings and recordation, a perfected to perfect the security interest granted to the Collateral Agent in the United States trademarks and patents covered by the Security Agreement, Agreement and the recordation of the Grant Assignment of Security Interest in U.S. Copyrights in the form attached to the Security Agreement with the United States Copyright Office, Office together with filings on Form UCC-1 made pursuant to the Security Agreement, Agreement will create, as may be perfected by such filings and recordation, a perfected effective under federal law to perfect the security interest granted to the Collateral Agent in the United States copyrights covered by the Security Agreement (it being understood that subsequent filings may be necessary to perfect a security interest in registered trademarks, patents, trademark and patent applications, and registered copyrights, acquired by Agreement. Each of the Credit Parties after party to the date hereofSecurity Agreement has good and valid title to all Security Agreement Collateral described therein, free and clear of all Liens except those described above in this clause (a).

The Security Documents. (a) The provisions of the Security Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the Security Agreement Agree- ment Collateral (subject to any limitations specified described therein), and the Collateral Agent, for the benefit of the Secured Creditors, shall when filings on form UCC-1 in appropriate form are filed in offices located in the jurisdictions specified on Annex C to the Security Agreement, upon the filing of Form UCC-1 financing statements or the appro- priate equivalent (which filings, if this representation is being made more than 10 days after the Restatement Effective Date, have been made), create a fully perfected first lien on, and security interest in, all right, title and interest in all of the Security Agreement Collateral described therein (other than U.S. registrations and applications for trademarks, patents and copyrights for which applicable law requires in a filing of a federal agency for perfection purposes)therein, to the extent perfection can that a security interest may be obtained perfected therein by filing form UCC-1sa financing statement under the UCC, subject to no other Liens other than Permitted Liens. The recordation of (x) the Grant Assignment of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective form attached to the Security Agreement, in each case Agreement in the United States Patent and Trademark Office, Office together with filings on Form UCC-1 made pursuant to the Security AgreementAgreement will be effective, will createunder applicable law, as may be perfected by such filings and recordation, a perfected to perfect the security interest granted to the Collateral Agent in the United States trademarks and patents covered by the Security Agreement, and the recordation . Each of the Grant of Security Interest in U.S. Copyrights in the form attached Credit Parties party to the Security Agreement with the United States Copyright Office, together with filings on Form UCC-1 made pursuant has good and valid title to the all Security Agreement, will create, as may be perfected Agreement Collateral owned by such filings Credit Party described therein, free and recordation, a perfected security interest clear of all Liens except those described above in the United States copyrights covered by the Security Agreement this clause (it being understood that subsequent filings may be necessary to perfect a security interest in registered trademarks, patents, trademark and patent applications, and registered copyrights, acquired by the Credit Parties after the date hereofa).

The Security Documents. (a) The provisions of the Security Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of each Credit Party party to the Credit Parties Security Agreement in the Security Agreement Collateral (subject to any limitations specified therein)Collateral, and the Collateral Agent, for the benefit of the Secured Creditors, shall when filings on form UCC-1 in appropriate form are filed in offices located in the jurisdictions specified on Annex C to the Security Agreement, upon the filing of Form UCC-1 financing statements or the appropriate equivalent (which filings have been made), creates a fully perfected first lien on, and security interest in, all right, title and interest in all of the Security Agreement Collateral described therein (other than U.S. registrations and applications for trademarks, patents and copyrights for which applicable law requires in a filing of a federal agency for perfection purposes), to the extent perfection can that such Security Agreement Collateral consists of the type of property in which a security interest may be obtained perfected by filing form UCC-1sa financing statement under the UCC as enacted in any relevant jurisdiction, subject to no other Liens other than Permitted Liens. The recordation of (x) the Grant Assignment of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective form attached to the Security Agreement, in each case Agreement in the United States Patent and Trademark Office, Office together with filings on Form UCC-1 made pursuant to the Security AgreementAgreement will be effective, will createunder applicable law, as may be perfected by such filings and recordation, a perfected to perfect the security interest granted to the Collateral Agent in the United States trademarks and patents covered by the Security Agreement, Agreement and the recordation of the Grant Assignment of Security Interest in U.S. Copyrights in the form attached to the Security Agreement with the United States Copyright Office, Office together with filings on Form UCC-1 UCC- 1 made pursuant to the Security Agreement, Agreement will create, as may be perfected by such filings and recordation, a perfected effective under federal law to perfect the security interest granted to the Collateral Agent in the United States copyrights covered by the Security Agreement. Each Credit Party party to the Security Agreement (it being understood that subsequent filings may be necessary has good and valid title to perfect a security interest in registered trademarksall Security Agreement Collateral owned by it, patents, trademark free and patent applications, and registered copyrights, acquired by the Credit Parties after the date hereof)clear of all Liens except Permitted Liens.

The Security Documents. (a) The provisions of the Security ---------------------- Agreement are effective to create in favor of the Collateral Agent for the benefit of the Secured Creditors a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the Security Agreement Collateral (subject to any limitations specified described therein), and the Collateral Agent, for the benefit of the Secured Creditors, shall when filings on form UCC-1 in appropriate form are filed in offices located in the jurisdictions specified on Annex C to the Security Agreement, upon the filing of Form UCC-1 financing statements or the appropriate equivalent (which filings, if this representation is being made more than 10 days after the Initial Borrowing Date, have been made), create a fully perfected first lien on, and security interest in, all right, title and interest in all of the Security Agreement Collateral described therein (other than U.S. registrations and applications for trademarks, patents and copyrights for which applicable law requires in a filing of a federal agency for perfection purposes), to the extent perfection can be obtained by filing form UCC-1stherein, subject to no other Liens other than Permitted Liens, to the extent a security interest in such collateral can be perfected by the filing of a financing statement. The recordation of (x) the Grant Assignment of Security Interest in U.S. Patents and (y) the Grant of Security Interest in U.S. Trademarks in the respective form attached to the Security Agreement, in each case Agreement in the United States Patent and Trademark Office, Office together with filings on Form UCC-1 made pursuant to the Security AgreementAgreement will be effective, will createunder applicable law, as may be perfected by such filings and recordation, a perfected to perfect the security interest granted to the Collateral Agent in the United States trademarks and patents covered by listed in the Assignment of Security AgreementInterest in U.S. Patents and Trademarks, and the recordation of the Grant Assignment of Security Interest in U.S. Copyrights in the form attached to the Security Agreement with the United States Copyright Office, Office together with filings on Form UCC-1 made pursuant to the Security Agreement, Agreement will create, as may be perfected by such filings and recordation, a perfected effective under federal law to perfect the security interest granted to the Collateral Agent in the United States copyrights covered by listed in the Assignment of Security Interest in U.S. Copyrights. Each of the Credit Parties party to the Security Agreement (it being understood that subsequent filings may be necessary has good and valid title to perfect a security interest all Security Agreement Collateral described therein, free and clear of all Liens except those described above in registered trademarks, patents, trademark and patent applications, and registered copyrights, acquired by the Credit Parties after the date hereofthis Section 7.21(a).