Additional Financing Statements Sample Clauses
The "Additional Financing Statements" clause authorizes a party, typically a secured creditor, to file further financing statements or amendments as necessary to maintain or perfect their security interest in collateral. In practice, this means the debtor agrees to cooperate with any future filings required by the creditor, such as updating public records if the collateral changes or if additional jurisdictions are involved. This clause ensures the creditor's rights remain protected and enforceable throughout the term of the agreement, addressing the risk of losing priority or enforceability due to incomplete or outdated filings.
Additional Financing Statements. Promptly upon the reasonable request of the Agent, the Debtor will execute and deliver or use its best efforts to procure any document, give any notices, execute and file any financing statements, mortgages or other documents, all in form and substance satisfactory to the Agent, m▇▇▇ any chattel paper, deliver any chattel paper or instruments to the Agent and take any other actions that are necessary or, in the opinion of the Agent, desirable to perfect or continue the perfection and the first priority of the Agent’s security interest in the Collateral, to protect the Collateral against the rights, claims, or interests of third persons, or to effect the purposes of this Agreement. The Debtor will pay the costs incurred in connection with any of the foregoing.
Additional Financing Statements. Upon the reasonable request of the Agent, the Borrower will execute and deliver or use its reasonable efforts to procure any document, give any notices, authorize the filing of any financing statements, mortgages or other documents, all in form and substance reasonably satisfactory to the Agent, mark any chattel paper, deliver any chattel paper or instrum▇▇▇▇ to the Agent and take any other actions that are necessary or, in the reasonable opinion of the Agent, desirable to perfect or continue the perfection of the Agent's security interest in the Collateral, to protect the Collateral against the rights, claims, or interests of third persons, or to effect the purposes of this Security Agreement. The Borrower will pay all reasonable out-of-pocket costs incurred in connection with any of the foregoing.
Additional Financing Statements. Promptly upon the reasonable request of the Agent, such Guarantor will execute and deliver or use its best efforts to procure any document, give any notices, execute and file any financing statements, mortgages or other documents, all in form and substance satisfactory to the Agent, ▇▇▇▇ any chattel paper, deliver any chattel paper or instruments to the Agent and take any other actions that are necessary or, in the opinion of the Agent, desirable to perfect or continue the perfection and the first priority of the Agent’s security interest in the Collateral, to protect the Collateral against the rights, claims, or interests of third persons, or to effect the purposes of this Agreement. Such Guarantor will pay the costs incurred in connection with any of the foregoing.
Additional Financing Statements. Promptly upon the reasonable request of the Agent, such Guarantor will execute and deliver or use its best efforts to procure any document, give any notices, execute and file any financing statements, mortgages or other documents, all in form and substance satisfactory to the Agent, mark any chattel paper, deliver any chattel paper or instruments to t▇▇ ▇gent and take any other actions that are necessary or, in the opinion of the Agent, desirable to perfect or continue the perfection and the first priority of the Agent's security interest in the Collateral, to protect the Collateral against the rights, claims, or interests of third persons, or to effect the purposes of this Guarantors Security Agreement. Such Guarantor will pay the costs incurred in connection with any of the foregoing.
Additional Financing Statements. 12 8.5. Application of Collections......................................12
Additional Financing Statements. Promptly upon the reasonable request of the Agent, at the expense of the Obligors, each Obligor will execute and deliver or use its best efforts to procure any document, give any notices, execute and file any financing statements, mortgages or other documents, all in form and substance satisfactory to the Agent, mark any chattel paper, deliver any chattel paper or instruments to the Agent and take any other actions that are necessary or, in the opinion of the Agent, desirable to perfect or continue the perfection and the first priority of the Agent's security interest in the Collateral except as permitted by the Credit Agreement, to protect the Collateral against the rights, claims, or interests of third persons, other than holders of Permitted Liens, to enable the Agent to exercise and enforce its rights and remedies hereunder with respect to any Collateral, or to effect the purposes and intent of this Security Agreement. Without limiting the generality of the foregoing, such Obligor will: (i) mark conspicuously each chattel paper included in the Accounts and, at the request of the Agent, each of its records pertaining to the chattel paper with a legend, in form and substance satisfactory to the Agent, indicating that such chattel paper is subject to the security interest granted hereby; (ii) if any other Collateral shall be evidenced by a promissory note with a term of more than 90 days or other instrument or chattel paper, deliver and pledge to the Agent such note or instrument or chattel paper duly indorsed and accompanied by duly executed instruments of transfer or assignment, all in form and substance satisfactory to the Agent; and (iii) execute and file such financing or continuation statements, or amendments thereto, and such other instruments or notices, as may be necessary or desirable, or as the Agent may reasonably request, to perfect or continue the perfection and the first priority of the Agent's security interest in the Collateral (except as permitted in the Credit Agreement) and preserve the pledge, collateral assignment and security interest granted or purported to be granted hereby.
Additional Financing Statements. Transferor hereby authorizes CR LLC, the Servicer or either of their designees to file one or more financing or continuation statements, and amendments thereto and assignments thereof, relative to all or any of the Receivables (and the Related Rights) now existing or hereafter generated by Transferor. If Transferor fails to perform any of its agreements or obligations under this Agreement, CR LLC, the Servicer or one of their designees may (but shall not be required to) itself perform, or cause performance of, such agreement or obligation, and the expenses of CR LLC, the Servicer, or either of their designees incurred in connection therewith shall be payable by Transferor as provided in Section 10.6.
Additional Financing Statements. Performance by ----------------------------------------------- Administrator. The Company hereby authorizes the Administrator ------------ or its designee to file one or more financing or continuation statements, and amendments thereto and assignments thereof, relative to all or any portion the Receivables Pool now existing or hereafter arising in the name of the Company. If the Company fails to perform any of its agreements or obligations under this Agreement, the Administrator or its designee may (but shall not be required to) itself perform, or cause performance of, such agreement or obligation, and the expenses of the Administrator or its designee incurred in connection therewith shall be payable by the Company as provided in Section 14.05. -------------
Additional Financing Statements. Promptly upon the reasonable request of Lender, such Guarantor will execute and deliver or use its reasonable efforts to procure any document, give any notices, execute and file any financing statements, mortgages or other documents, all in form and substance satisfactory to Lender, mark ▇▇▇ chattel paper, deliver any chattel paper or instruments to Lender and take any other actions that are necessary or, in the opinion of Lender, desirable to perfect or continue the perfection and the first priority of Lender's security interest in the Collateral, to protect the Collateral against the rights, claims, or interests of third persons, or to effect the purposes of this Security Agreement. Such Guarantor will pay the costs incurred in connection with any of the foregoing.
Additional Financing Statements. The Issuer hereby authorizes the Trustee to file one or more financing statements, and amendments thereto, required to perfect the Liens granted under the Security Documents.