Borrowers agree that they shall and shall cause any Liquidator JV and Merchant to, at Borrowers’ expense and upon request of Lender the Lenders , duly execute and deliver, or cause to be duly executed and delivered, to Lender the Lenders such further instruments and do and cause to be done such further acts as may be necessary or proper in the reasonable opinion of Lender the Lenders to carry out more effectually the provisions and purposes of this Agreement or any other Loan Document. Without limiting the foregoing, Borrowers shall take all actions necessary such that (a) any borrower or guarantor under the UK Credit Agreement (including but not limited to GA Asset Advisors) concurrently with its execution of the UK Credit Agreement, and any other Foreign Credit Party concurrently with becoming a Foreign Credit Party, shall execute and deliver to Lender the Lenders such Foreign Security Documents together with a guaranty of the Obligations and any other agreements, legal opinions, documents and instruments as are required by Lender the Lenders each in form and substance satisfactory to Lender the Lenders and (b) the Liens granted to Lender the Lenders pursuant to the Collateral Documents will at all times be fully perfected first priority Liens in and to the Collateral described therein, subject, as to priority, only to Permitted Encumbrances with respect to the Collateral. Without limiting the foregoing, none of the Credit Parties shall, and each of the Credit Parties shall cause their respective Subsidiaries not to, execute the UK Credit Agreement or any agreements, documents and instruments related thereto unless the Subordination Agreement is executed by all parties thereto concurrently therewith.