Example ContractsClausescertain after acquired collateralVariants
Certain After Acquired Collateral
Certain After Acquired Collateral contract clause examples

any acquired or newly formed Borrower or Restricted Subsidiary shall not be liable for any Indebtedness except for Indebtedness otherwise permitted by Section 7.03 and # to the extent required by the Collateral and Guarantee Requirement and the Agreed Security Principles, as applicable, # the property, assets and businesses acquired in such purchase or other acquisition shall constitute Collateral and # any such newly created or acquired Subsidiary (other than an Excluded Subsidiary or an Unrestricted Subsidiary) shall become a Guarantor, in each case, in accordance with Section 6.11 (any such acquisition, a “Permitted Acquisition”);

any acquisition of all or substantially all the assets of a Person, or any Equity Interests in a Person that becomes a Restricted Subsidiary or a division or line of business of a Person (or any subsequent Investment made in a Person, division or line of business previously acquired in a Permitted Acquisition), in a single transaction or series of related transactions, if immediately after giving effect thereto: # no Event of Default under Sections ‎8.01(a) or ‎(f) with respect to the Borrower shall have occurred and be continuing, # any acquired or newly formed Restricted Subsidiary shall not be liable for any Indebtedness except for Indebtedness otherwise permitted by ‎[Section 7.03] and # to the extent required by the Collateral and Guarantee Requirement, # the property, assets and businesses acquired in such purchase or other acquisition shall constitute Collateral and # any such newly created or acquired Subsidiary (other than an Excluded Subsidiary or an Unrestricted Subsidiary) shall become a Guarantor, in each case, in accordance with ‎[Section 6.11] (any such acquisition, a “Permitted Acquisition”);

Additional Guarantees and Collateral. (a) Upon the formation or acquisition of any new direct or indirect Restricted Subsidiary (other than an Excluded Subsidiary; provided that # any Subsidiary Redesignation resulting in an Unrestricted Subsidiary becoming a Restricted Subsidiary and # any Excluded Subsidiary ceasing to be an Excluded Subsidiary but remaining a Restricted Subsidiary shall be deemed to constitute the acquisition of a Restricted Subsidiary for all purposes of this Section 7.12) by any Loan Party, the Borrowers shall, in each case, at the Borrowers’ sole expense:

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