Common use of Filing and Recordation Clause in Contracts

Filing and Recordation. The Borrower shall, in accordance with the ---------------------- Bank's instructions, execute and deliver all documents of whatever kind and render such other assistance as may be necessary to cause all of the agreements, instruments and documents executed pursuant to this Agreement to be duly recorded and/or filed in all places necessary, in the opinion of the Bank, to perfect and protect the security interests and liens of the Bank in the Collateral and the New Collateral, and (without limiting the Borrower's recording and/or filing obligations pursuant to Section 4.4 hereof or elsewhere herein) the Bank is hereby authorized to file or record all of such agreements, instruments and documents. In the event that any re-recording or re-filing thereof (or the filing or recording of any additional agreements, instruments and/or documents) required to protect and preserve any such lien or security interest, the Borrower agrees that it shall again promptly execute and deliver all documents of whatever kind and render such other assistance as may be necessary to cause the same to be re-recorded and/or re-filed (or any additional agreements, instruments and/or documents filed or recorded) at the time and in the manner requested by the Bank. Notwithstanding the foregoing, the Borrower hereby authorizes the Bank to execute (or re-execute) in the name of the Borrower and/or to file or record (or re-file or re-record) any financing statements, Copyright Mortgages, Trademark Mortgages or other documents or instruments in respect of any security interests created pursuant to this Agreement or any of the other Loan Documents which may at any time be required in the opinion of the Bank, and the Borrower hereby irrevocably designates the Bank, its agents, representatives and designees as agent and attorney-in-fact for the Borrower for these purposes. Such appointment is coupled with an interest and is therefore irrevocable.

Filing and Recordation. The Borrower Borrowers shall, at their sole cost and expense and in accordance with the ---------------------- Bank's instructions, execute and deliver all documents of whatever kind and render such other assistance as may be necessary to cause all of the agreements, instruments and documents executed pursuant to this Agreement Section 8.3 hereof to be duly recorded and/or filed in all places necessary, in the opinion of the Bank, to perfect and protect the security interests and liens of the Bank in the Collateral and the New Collateral, and (without limiting the Borrower's Borrowers' recording and/or filing obligations pursuant to Section 4.4 8.3 hereof or elsewhere herein) the Bank is hereby authorized to file or record all of such agreements, instruments and documents. In the event that any re-recording or re-filing thereof (or the filing or recording of any additional agreements, instruments and/or documents) required to protect and preserve any such lien or security interest, the Borrower agrees Borrowers agree that it shall they shall, at their sole cost and expense, again promptly execute and deliver all documents of whatever kind and render such other assistance as may be necessary to cause the same to be re-recorded and/or re-filed (or any additional agreements, instruments and/or documents filed or recorded) at the time and in the manner requested by the Bank. Notwithstanding the foregoing, the Borrower Borrowers hereby authorizes authorize the Bank upon the occurrence of an Event of Default to execute (or re-execute) in the name of the Borrower Borrowers and/or to file or record (or re-file or re-record) any financing statements, Copyright Mortgages, Trademark Mortgages or other documents or instruments in respect of any security interests created pursuant to this Agreement or any of the other Loan Documents which may at any time be required and be commercially practical in the reasonable opinion of the Bank, and the Borrower Borrowers hereby irrevocably designates designate the Bank, its agents, representatives and designees as agent and attorney-in-fact for the Borrower Borrowers for these purposes. Such appointment is coupled with an interest and is therefore irrevocable.