Common use of Financing and Continuation Statements Clause in Contracts

Financing and Continuation Statements. The Pledgor hereby authorizes the Secured Party, with notice to the Pledgor, to file one or more financing or continuation statements, and amendments thereto, relating to any and all of the Collateral, without the signature of the Pledgor where permitted by applicable law. A carbon, photographic or other reproduction of this Agreement or any financing statement covering the Collateral or any part thereof shall be sufficient as a financing statement where permitted by law.

Appears in 2 contracts

Sources: Limited Guaranty and Pledge Agreement (Youthstream Media Networks Inc), Limited Guaranty and Pledge Agreement (Youthstream Media Networks Inc)