In furtherance of the collateral arrangements contemplated herein, the Company shall # Deliver to the Collateral Agent (or the Securities Intermediary on its behalf) the Collateral hereunder as and when acquired by the Company; # if any of the securities, monies or other property pledged by the Company are received by the Company, forthwith take such action as is necessary to ensure the Collateral Agent’s continuing perfected security interest in such Collateral (including Delivering such securities, monies or other property to the Collateral Agent); and # upon the reasonable request of the Administrative Agent, deliver to the Administrative Agent, the Lenders and the Collateral Agent, at the expense of the Company, legal opinions from Latham & Watkins LLP or other counsel reasonably acceptable to the Administrative Agent and the Lenders, as to the perfection and priority of the Collateral Agent’s security interest in any of the Collateral.
In furtheranceFurther Assurances. The Company covenants and agrees that, from time to time upon the request of the collateral arrangements contemplated herein, the Company shall # Deliver to the Collateral Agent (or the Securities Intermediary on its behalf) the Collateral hereunder as and when acquired(as directed by the Company; # if any of the securities, moniesRequired Lenders or other property pledged by the Company are received by the Company, forthwith take such action as is necessary to ensure the Collateral Agent’s continuing perfected security interest in such Collateral (including Delivering such securities, monies or other property to the Collateral Agent); and # upon the reasonable request of the Administrative Agent, deliver to the Administrative Agent, the Lenders and the Collateral Agent, at the expense of the Company, legal opinions from Latham & Watkins LLP or other counsel reasonably acceptable to the Administrative Agent on their behalf), the Company will execute and deliver such further documents, and do such other acts and things as the Lenders, asCollateral Agent (as directed by the Administrative Agent) may reasonably request in order fully to effect the perfectionpurposes of this Agreement and to protect and preserve the priority and validity of the Collateral Agent’s security interest in any ofgranted hereunder or to enable the Collateral.Collateral Agent to exercise and enforce its rights
AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.
And AllDrafts generates clean Word and PDF files from any draft.