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 described therein, and the Collateral Agent, for the benefit of the Secured Creditors, has (or will have within ten days of the Initial Borrowing Date) a fully perfected security interest in all right, title and interest in all of the Security Agreement Collateral described therein to the extent a security interest therein can be perfected by filing or possession, subject to no other Liens other than Permitted Liens. Following the recordation of (x) the Grant of Security Interest in U.S. Patents, if applicable, and (y) the Grant of Security Interest in U.S. Trademarks, if applicable, in the respective forms 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, the Collateral Agent for the benefit of the Secured Creditors will have, 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 following the recordation of the Grant of Security Interest in U.S. Copyrights, if applicable, 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, the Collateral Agent for the benefit of the Secured Creditors will have, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the Security Agreement.

Appears in 2 contracts

Samples: Credit Agreement (RCN Corp /De/), Credit Agreement (RCN Corp /De/)

AutoNDA by SimpleDocs

The Security Documents. (a) The provisions of the Amended and Restated 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 described thereintherein to the extent that a security interest can be created therein under the UCC, and the Collateral Agent, for the benefit of the Secured Creditors, has (or will have within ten days of the Initial Borrowing Date) a fully perfected first lien on, and security interest in in, all right, title and interest of the Credit Parties in all of the Security Agreement Collateral described therein (to the extent a such security interest therein can be perfected by filing or possessiona UCC-1 financing statement or, to the extent required by the Amended and Restated Security Agreement, by taking possession of the respective Security Agreement Collateral), subject to no other Liens other than Permitted Liens. Following In addition, the recordation of (x) the Grant of Security Interest in U.S. Patents, if applicable, Patents and (y) the Grant of Security Interest in U.S. Trademarks, if applicable, Trademarks in the respective forms form attached to the Amended and Restated Security Agreement, in each case Agreement in the United States Patent and Trademark Office, together with filings on Form UCC-1 made pursuant to the Amended and Restated Security Agreement, the Collateral Agent for the benefit of the Secured Creditors will havecreate, as may be perfected by such filings filing and recordation, a perfected security interest in the United States trademarks and patents covered by the Amended and Restated Security Agreement, Agreement and following specifically identified in such Grant and the recordation of the Grant of Security Interest in U.S. Copyrights, if applicable, Copyrights in the form attached to the Amended and Restated Security Agreement with the United States Copyright Office, together with filings on Form UCC-1 made pursuant to the Amended and Restated Security Agreement, the Collateral Agent for the benefit of the Secured Creditors will havecreate, as may be perfected by such filings filing and recordation, a perfected security interest in the United States copyrights covered by the Amended and Restated Security AgreementAgreement and specifically identified in such Grant.

Appears in 2 contracts

Samples: Credit Agreement (Fairpoint Communications Inc), Pledge Agreement (Fairpoint Communications Inc)

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 described therein, and the Collateral Agent, for the benefit of the Secured Creditors, has (or will have within ten days of the Initial Borrowing Date) a fully perfected security interest in all right, title and interest in all of the Security Agreement Collateral described therein to the extent a that such security interest therein can in such Security Agreement Collateral may be perfected by filing or possessionpursuant to the relevant UCC, subject to no other Liens other than Permitted Liens. Following the The recordation of (x) the Grant of Security Interest in U.S. Patents, if applicable, Patents and (y) the Grant of Security Interest in U.S. Trademarks, if applicable, Trademarks in the respective forms 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, the Collateral Agent for the benefit of the Secured Creditors will havecreate, 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 following the recordation of the Grant of Security Interest in U.S. Copyrights, if applicable, 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, the Collateral Agent for the benefit of the Secured Creditors will havecreate, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the Security Agreement.

Appears in 1 contract

Samples: Credit Agreement (Nash Finch Co)

The Security Documents. (a) The provisions of the Amended and Restated 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 party thereto in the Amended and Restated Security Agreement Collateral described therein, and the Collateral Agent, for the benefit of the Secured Creditors, has (or will have within ten days of the Initial Borrowing Date) a fully perfected lien on, and security interest in in, all right, title and interest in all of the Amended and Restated Security Agreement Collateral described therein to the extent a security interest therein can be perfected by filing or possessiontherein, subject to no other Liens other than Permitted Liens. Following the The recordation of (x) the Grant Assignment of Security Interest in U.S. Patents, if applicable, Patents and (y) the Grant of Security Interest in U.S. Trademarks, if applicable, Trademarks in the respective forms form attached to the Amended and Restated 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 Amended and Restated Security Agreement, the Collateral Agent for the benefit of the Secured Creditors Agreement will havecreate, as may be perfected by such filings filing and recordation, a perfected security interest granted to the Collateral Agent in the United States trademarks and patents covered by the Amended and Restated Security Agreement, Agreement and following the recordation of the Grant Assignment of Security Interest in U.S. Copyrights, if applicable, Copyrights in the form attached to the Amended and Restated Security Agreement with the United States Copyright Office, Office together with filings on Form UCC-1 made pursuant to the Amended and Restated Security Agreement, the Collateral Agent for the benefit of the Secured Creditors Agreement will havecreate, as may be perfected by such filings filing and recordation, a perfected security interest granted to the Collateral Agent in the United States copyrights covered by the Amended and Restated Security Agreement.

Appears in 1 contract

Samples: Credit Agreement (Omniquip International Inc)

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 described therein, and the Collateral Agent, for the benefit of the Secured Creditors, has (or within 10 days (or 90 days in the case of filings to be made with the United States Copyright Office or the United States Patent and Trademark Office) following the Effective Date will have within ten days of the Initial Borrowing Datehave) a fully perfected security interest in all right, title and interest in all of the Security Agreement Collateral described therein to the extent a security interest therein can be perfected by filing or possessiontherein, subject to no other Liens other than Permitted Liens. Following the The recordation of (x) the Grant of Security Interest in U.S. Patents, if applicable, and (y) the Grant of Security Interest in U.S. Trademarks, if applicable, in the respective forms 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, the Collateral Agent for the benefit of the Secured Creditors will havecreate, 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 following the recordation of the Grant of Security Interest in U.S. Copyrights, if applicable, 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, the Collateral Agent for the benefit of the Secured Creditors will havecreate, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the Security Agreement.

Appears in 1 contract

Samples: Credit Agreement (Town Sports International Inc)

The Security Documents. (a) The provisions of the Security Agreement are effective to create in favor of the Collateral Agent Agent, for the benefit of the Secured Creditors Creditors, has a legal, valid and enforceable security interest in all right, title and interest of the Credit Parties in the Security Agreement Collateral described thereintherein to the extent that a security interest can be created therein under the UCC, and the Collateral Agent, for the benefit of the Secured Creditors, has (or will have within ten days of the Initial Borrowing Date) a fully perfected first lien on, and security interest in in, all right, title and interest of the Credit Parties in all of the Security Agreement Collateral described therein (to the extent a such security interest therein can be perfected by filing or possessiona UCC-1 financing statement or, to the extent required by the Security Agreement, by taking possession of the respective Security Agreement Collateral), subject to no other Liens other than Permitted Liens. Following In addition, the recordation of (x) the Grant of Security Interest in U.S. Patents, if applicable, Patents and (y) the Grant of Security Interest in U.S. Trademarks, if applicable, Trademarks in the respective forms form attached to the Security Agreement, in each case Agreement in the United States Patent and Trademark Office, together with filings on Form UCC-1 made pursuant to the Security Agreement, the Collateral Agent for the benefit of the Secured Creditors will havecreate, as may be perfected by such filings filing and recordation, a perfected security interest in the United States trademarks and patents covered by the Security Agreement, Agreement and following specifically identified in such Grant and the recordation of the Grant of Security Interest in U.S. Copyrights, if applicable, 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, the Collateral Agent for the benefit of the Secured Creditors will havecreate, as may be perfected by such filings filing and recordation, a perfected security interest in the United States copyrights covered by the Security AgreementAgreement and specifically identified in such Grant.

Appears in 1 contract

Samples: Credit Agreement (Fairpoint Communications Inc)

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 described therein, and the Collateral AgentSecurity Agreement, for upon the benefit filing of Form UCC-1 or UCC-3 financing statements or the Secured Creditorsappropriate equivalent (which filings, has if this representation is being made more than 10 days after the Second Restatement Effective Date, have been made), create (or will have within ten days of the Initial Borrowing Datemaintain) a fully perfected first lien on, and security interest in in, all right, title and interest in all of the Security Agreement Collateral described therein therein, to the extent that a security interest therein can may be perfected therein by filing or possessiona financing statement under the UCC, subject to no other Liens other than Permitted Liens. Following the The recordation of (x) the Grant Assignment of Security Interest in U.S. Patents, if applicable, Patents and (y) the Grant of Security Interest in U.S. Trademarks, if applicable, Trademarks in the respective forms 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 or UCC-3 made pursuant to the Security AgreementAgreement will be effective, under applicable law, to perfect the security interest granted to the Collateral Agent for the benefit of the Secured Creditors will have, 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 following the recordation . Each of the Grant of Security Interest in U.S. Copyrights, if applicable, 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, the Agreement Collateral Agent for the benefit of the Secured Creditors will have, as may be perfected 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 Agreementthis clause (a).

Appears in 1 contract

Samples: Credit Agreement (Furniture Brands International Inc)

AutoNDA by SimpleDocs

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 described therein, and the Collateral Agent, for the benefit of the Secured Creditors, has (or will have within ten days of the Initial Borrowing Date) a fully perfected security interest in all right, title and interest in all of the Security Agreement Collateral described therein to the extent a security interest therein can be perfected by filing or possessiontherein, subject to no other Liens other than Permitted Liens. Following the recordation of (x) the Grant of Security Interest in U.S. Patents, if applicable, and (y) the Grant of Security Interest in U.S. Trademarks, if applicable, in the respective forms 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, the Collateral Agent for the benefit of the Secured Creditors will have, 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 following the recordation of the Grant of Security Interest in U.S. Copyrights, if applicable, 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, the Collateral Agent for the benefit of the Secured Creditors will have, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the Security Agreement.

Appears in 1 contract

Samples: Credit Agreement (RCN Corp /De/)

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 described therein, and the Collateral Agent, for the benefit of the Secured Creditors, has (or will have within ten 5 days of following the Initial Borrowing DateDate will have) a fully perfected security interest in all right, title and interest in all of the Security Agreement Collateral described therein to the extent a security interest therein can be perfected by filing or possessiontherein, subject to no other Liens other than Permitted Liens. Following the The recordation of (x) the Grant of Security Interest in U.S. Patents, if applicable, and (y) the Grant of Security Interest in U.S. Trademarks, if applicable, in the respective forms 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, the Collateral Agent for the benefit of the Secured Creditors will havecreate, 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 following the recordation of the Grant of Security Interest in U.S. Copyrights, if applicable, 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, the Collateral Agent for the benefit of the Secured Creditors will havecreate, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the Security Agreement.

Appears in 1 contract

Samples: Credit Agreement (Nuco2 Inc /Fl)

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 described therein. Upon the filing of proper financing statements with the appropriate filing offices of each jurisdiction as may be necessary, and the Collateral Agent, for the benefit of the Secured Creditors, has (or will have within ten days of the Initial Borrowing Date) a fully perfected security interest in all right, title and interest in all of the Security Agreement Collateral described therein therein, to the extent a such security interest therein can be perfected by filing or possessiona financing statement under the UCC, subject to no other Liens other than Permitted Liens. Following the The recordation of (x) the Grant of Security Interest in U.S. Patents, if applicable, Patents and (y) the Grant of Security Interest in U.S. Trademarks, if applicable, Trademarks in the respective forms 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, the Collateral Agent for the benefit of the Secured Creditors will havecreate, as may be perfected by such filings and recordation, a perfected security interest in the United States trademarks and patents covered by the Security Agreementsuch Grants, and following the recordation of the Grant of Security Interest in U.S. Copyrights, if applicable, 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, the Collateral Agent for the benefit of the Secured Creditors will havecreate, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the Security Agreementsuch Grant.

Appears in 1 contract

Samples: Credit Agreement (Hughes Electronics Corp)

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 described therein, and the Collateral Agent, for the benefit of the Secured Creditors, has (or will have within ten days upon the reregistration of the Initial Borrowing Datecertificates of title for the Vacuum Trucks or the recordation of the Grant of Security Interest in U.S. Trademarks, Patents and Copyrights as described below) a fully perfected first lien on, and security interest in in, all right, title and interest in all of the Security Agreement Collateral described therein to the extent a security interest therein can be perfected by filing or possessiontherein, subject to no other Liens other than Permitted Liens. Following The reregistration of the certificates of title for the Vacuum Trucks reflecting the security interest of the Collateral Agent in such Vacuum Trucks will create a perfected security interest in such Vacuum Trucks. The recordation of (x) the Grant of Security Interest in U.S. Patents, if applicable, Patents and (y) the Grant of Security Interest in U.S. Trademarks, if applicable, Trademarks in the respective forms 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, the Collateral Agent for the benefit of the Secured Creditors will havecreate, 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 following the recordation of the Grant of Security Interest in U.S. Copyrights, if applicable, 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, the Collateral Agent for the benefit of the Secured Creditors will havecreate, as may be perfected by such filings and recordation, a perfected security interest in the United States copyrights covered by the Security Agreement.

Appears in 1 contract

Samples: Credit Agreement (Hydrochem Industrial Services Inc)

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