Common use of Additional Financing Statements; Performance by Administrator Clause in Contracts

Additional Financing Statements; Performance by Administrator. Each Transaction Party hereby authorizes the Administrator, on Transferee's behalf, or its designee to file one or more financing or continuation statements, and amendments thereto and assignments thereof, relative to all or any of the Pool Receivables and the Related Assets now existing or hereafter arising in the name of any Transaction Party. If any Transaction Party fails to promptly execute and deliver within 10 days to the Administrator, on Transferee's behalf, any financing statement or continuation statement or amendment thereto or assignment thereof reasonably requested by the Administrator, on Transferee's behalf, each Transaction Party hereby authorizes the Administrator, on Transferee's behalf, to execute such statement on behalf of such Transaction Party. If any Transaction Party 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 reasonable expenses of the Administrator or its designee incurred in connection therewith shall be payable by the Transaction Parties as provided in Section 14.05.

Additional Financing Statements; Performance by Administrator. Each Transaction Party hereby authorizes the Administrator, on Transferee's behalf, or its designee to file a record or records, including without limitation, one or more financing or continuation statements, and amendments thereto and assignments thereof, relative to all or any of the Pool Receivables and the Related Assets now existing or hereafter arising in the name of any Transaction Party. If any Transaction Party fails to promptly execute and deliver within 10 days to the Administrator, on Transferee's behalf, any record, financing statement or continuation statement or amendment thereto or assignment thereof reasonably requested by the Administrator, on Transferee's behalf, each Transaction Party hereby authorizes the Administrator, on Transferee's behalf, Administrator to execute such statement instrument on behalf of such Transaction Party. If any Transaction Party 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 reasonable expenses of the Administrator or its designee incurred in connection therewith shall be payable by the Transaction Parties as provided in Section 14.05.

Additional Financing Statements; Performance by Administrator. Each Transaction Loan Party hereby authorizes the Administrator, on Transferee's behalfbehalf of the Secured Parties, or its designee to file one or more financing or continuation statements, and amendments thereto and assignments 39 thereof, relative to all or any of the Pool Receivables and the Related Assets now existing or hereafter arising in the name of any Transaction Loan Party. If any Transaction Loan Party fails to promptly execute and deliver within 10 days to the Administrator, on Transferee's behalfbehalf of the Secured Parties, any financing statement or continuation statement or amendment thereto or assignment thereof reasonably requested by the Administrator, on Transferee's behalfbehalf of the Secured Parties, each Transaction Loan Party hereby authorizes the Administrator, on Transferee's behalfbehalf of the Secured Parties, to execute such statement on behalf of such Transaction Loan Party. If any Transaction Loan Party 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 reasonable expenses of the Administrator or its designee incurred in connection therewith shall be payable by the Transaction Loan Parties as provided in Section 14.0514.5.

Additional Financing Statements; Performance by Administrator. Each Transaction Seller Party hereby authorizes the Administrator, on Transfereethe Purchaser's behalf, or its designee to file one or more financing or continuation statements, and amendments thereto and assignments thereof, relative to all or any of the Pool Receivables and the Related Assets now existing or hereafter arising in the name of any Transaction Partyarising. If any Transaction Seller Party fails to promptly execute and deliver within 10 days to the Administrator, on Transfereethe Purchaser's behalf, any financing statement or continuation statement or amendment thereto or assignment thereof reasonably requested by the Administrator, on Transfereethe Purchaser's behalf, each Transaction Seller Party hereby authorizes the Administrator, on Transfereethe Purchaser's behalf, to execute such statement on behalf of such Transaction Seller Party. If any Transaction Seller Party 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 reasonable expenses of the Administrator or its designee incurred in connection therewith shall be payable by the Transaction Seller Parties as provided in Section 14.0514.5.