Example ContractsClausesdelivery and perfectionVariants
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Perfection, Etc. Except as permitted under the Collateral Documents, all filings and other actions necessary to perfect and protect the security interest in the Collateral created under the Collateral Documents have been duly made or taken and are in full force and effect, and the Collateral Documents create in favor of the Collateral Agent for the benefit of the Secured Parties a valid and, together with such filings and other actions, perfected first priority security interest in the Collateral (subject to Liens permitted under the Loan Documents), securing the payment of the Obligations, and all filings and other actions necessary to perfect and protect such security interest have been duly taken. The Loan Parties are the legal and beneficial owners of the Collateral free and clear of any Lien, except for the liens and security interests created or permitted under the Loan Documents.

Perfection, Etc. Except as permitted under the Collateral Documents, all filings and other actions necessary to perfect and protect the security interest in the Collateral created under the Collateral Documents have been duly made or taken and are in full force and effect, and the Collateral Documents create in favor of the Collateral Agent for the benefit of the Secured Parties a valid and, together with such filings and other actions, perfected first priority security interest in the Collateral (subject to Liens permitted under the Loan Documents), securing the payment of the Obligations, and all filings and other actions necessary to perfect and protect such security interest have been duly taken. The Loan Parties are the legal and beneficial owners of the Collateral free and clear of any Lien, except for the liens and security interests created or permitted under the Loan Documents.

Perfection, Etc. Except as permitted underSECTION # Security Documents. The provisions of the Collateral Documents, all filings and other actions necessarySecurity Documents are effective to perfect and protect the security interest in the Collateral created under the Collateral Documents have been duly made or taken and are in full force and effect, and the Collateral Documents create in favor of the Collateral Agent for the benefit of the Secured Parties a legal, valid and, together with such filings and other actions, perfectedenforceable first priority security interest in the CollateralLien (subject to Liens permitted under the Loan Documents), securing the paymentby [Section 6.02]) on all right, title and interest of the respective in the Collateral described therein to secure the Secured Obligations, and allexcept for any failure that would not constitute an Event of Default under [Section 7.01(p)]. Except for # filings and actions completed on or prior to the Effective Date and as contemplated hereby and by the Security Documents, and # the taking of possession or control by the Collateral Agent of the Collateral with respect to which a security interest may be perfected by possession or control, no filing or other actionsaction will be necessary to perfect and protect such security interest have been duly taken. The Loan Parties areLiens to the legal and beneficial owners of the Collateral free and clear of any Lien,extent required thereunder, except for the liens and security interests createdfailure to make any filing or permittedaction that would not constitute an Event of Default under the Loan Documents.[Section 7.01(p)].

Perfection, Etc. Except as permitted underperfected first priority (subject to Permitted Liens) Liens on and security interests in all right, title and interest of the Collateral Documents, all filings and other actions necessaryLoan Parties in such Collateral, solely to perfect and protect the extent that a Lien on or a security interest in such Collateral may be perfected by the filing of such financing statement. Upon the taking of possession or control by Agent of such Collateral created underwith respect to which a security interest may be perfected only by possession or control, together with, to the extent applicable, all stock powers or other similar instruments of transfer endorsed in blank by the applicable Loan Party that owns such Collateral, and so long as Agent retains continuous possession or control of such Collateral, Agent’s Liens on such Collateral Documents have been duly made or taken and are in full force and effect, and the Collateral Documents create in favor of the Collateral Agent for the benefit of the Secured Parties a valid and, together with such filings and other actions,shall constitute perfected first priority (subject to Permitted Liens) on and security interests in all right, title and interest of the Loan Parties in such Collateral solely to the extent that a Lien on or security interest in thesuch Collateral (subject to Liens permitted under the Loan Documents), securing the payment of the Obligations, and all filings and other actions necessary to perfect and protectmay be perfected by such security interest have been duly taken. The Loan Parties are the legal and beneficial owners of the Collateral free and clear of any Lien, except for the liens and security interests createdpossession or permitted under the Loan Documents.control.

Perfection, Etc. Except as permitted under the Collateral Documents, all filings and other actions necessary to perfect and protect the security interest in the Collateral created under the Collateral Documents have been duly made or takencontinue to create a valid security interest in, and are in full force and effect, andLien upon, the Collateral Documents createCollateral, in favor of the Collateral Agent forLender, which security interests and Liens are perfected in accordance with the benefit of the Secured Parties a valid and, together with such filings and other actions, perfected first priority security interest in the Collateral (subject to Liens permitted under the Loan Documents), securing the payment of the Obligations, and all filings and other actions necessary to perfect and protect such security interest have been duly taken. The Loan Parties are the legal and beneficial ownersterms of the Collateral freeDocuments and clear of any Lien, except for the liensprior to all other Liens; and security interests created or permitted under the Loan Documents.

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