Advanced Medical Optics (EYE)

7.20 Post-Closing Matters.

(a) Within 90 days after the Closing Date, or such later date to which upon request of the Borrower this delivery requirement may be extended by the Administrative Agent in its reasonable discretion, (i) deliver documentation reasonably satisfactory to the Administrative Agent pursuant to which the Borrower shall pledge to the Administrative Agent for the benefit of the Secured Parties 66% of the Equity Interests entitled to vote and 100% of the Equity Interests not entitled to vote in AMO Japan K.K. and (ii) deliver a favorable written opinion of Japanese legal counsel reasonably acceptable to the Administrative Agent covering such customary matters relating to the documentation set forth in subparagraph (i) of this Section 7.20(a) as the Administrative Agent shall reasonably request.

(b) Within 30 days after the Closing Date, or such later date to which upon request of the Borrower this delivery requirement may be extended by the Administrative Agent in its reasonable discretion, (i) deliver schedules to the IP Security Agreement in form and substance reasonably satisfactory to the Administrative Agent and (ii) have taken such actions with respect to the intellectual property of the Borrower and the Loan Parties as are reasonably satisfactory to the Administrative Agent to effectuate the purposes of the IP Security Agreement.