📄 Extracted Text (494 words)
Financing Statements, continuation statements, instruments of further assurance and other
instruments, and shall take such other action as may be necessary or advisable or desirable to
secure the rights and remedies of the Secured Parties hereunder and to:
(i) Grant more effectively all or any portion of the Collateral;
(ii) maintain, preserve and perfect any Grant made or to be made by this
Indenture or to carry out more effectively the purposes hereof;
(iii) perfect, publish notice of or protect the validity of any Grant made or to be
made by this Indenture (including, without limitation, any and all actions necessary or
desirable as a result of changes in law or regulations);
(iv) enforce any of the Pledged Obligations or other instruments or property
included in the Collateral;
(v) preserve and defend title to the Collateral and the rights therein of the
Trustee, and the Secured Parties against the claims of all Persons and parties; or
(vi) pay or cause to be paid any and all taxes levied or assessed upon all or any
part of the Collateral.
The Issuer will take those actions set forth above in this Section 7.5(a). The Issuer
hereby appoints the Trustee its agent and attorney-in-fact for the purpose of preparing, executing
and filing (i) a Financing Statement in connection with the Grant pursuant to this Indenture
identifying as collateral "all assets in which the Issuer now or hereafter has rights" and (ii) any
other Financing Statement, continuation statement or other instrument, as such may be required
pursuant to an Issuer Order; provided that such appointment shall not impose upon the Trustee
any of the Issuer's obligations under this Section 7.5.
The Issuer will register this Indenture in its Register of Mortgages and Charges.
(b) The Trustee shall not, except in accordance with Sections 10.7, 12.4 or 12.5,
permit the removal of any portion of the Collateral or transfer any such Collateral from the
Account to which it is credited, or cause or permit any change in the Delivery made pursuant to
Section 3.4 with respect to any Collateral, if after giving effect thereto the jurisdiction governing
the perfection of the Trustee's security interest in such Collateral is different from the
jurisdiction governing perfection at the time of delivery of the most recent Opinion of Counsel
pursuant to Section 7.6 (or, if no Opinion of Counsel has yet been delivered pursuant to
Section 7.6, the Opinion of Counsel delivered at the Closing Date pursuant to Section 3.1(a)(iii)),
unless the Trustee shall have received an Opinion of Counsel to the effect that the lien and
security interest created by this Indenture with respect to such property will continue to be
maintained after giving effect to such action or actions.
(c) The Issuer shall enforce all of its material rights and remedies under the
Investment Management Agreement and the Collateral Administration Agreement.
122
LNG IM CLO 2011-1
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0056202
CONFIDENTIAL SDNY GM_00202386
EFTA01365458
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EFTA01365458
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