Financing Statement, etc Sample Clauses
Financing Statement, etc. The Buyer shall have received evidence ------------------------- satisfactory to it of the completion of all recordings, registrations and filings as may be necessary or, in the opinion of the Buyer, desirable, to evidence or perfect the Ownership Interest to be acquired by the Buyer hereunder, including:
(i) acknowledgment copies of proper financing statements on Form UCC-1 filed on or prior to the Initial Cut-off Date, naming the Seller as debtor and/or assignor and the Buyer as secured party and/or assignee, or such other similar instruments or documents as may be necessary or, in the opinion of the Buyer, advisable, under the Uniform Commercial Code or any comparable Law of all appropriate jurisdictions to evidence or perfect the Ownership Interest; and
(ii) evidence of searches satisfactory to the Buyer listing all effective financing statements which name the Seller as debtor and/or assignor in the jurisdictions in which filings are made pursuant to subsection (i) above, together with copies of such financing -------------- statements, none of which shall cover any Receivables or the related Contracts.
Financing Statement, etc. Debtor shall take any and all steps Company -------------------------- may from time to time require to establish and maintain Company's valid, perfected security interest in the Collateral, including to execute or obtain the execution of , in form and substance satisfactory to Company, such notices, subordinations, releases or waivers, UCC assignments, UCC financing statements, and other documents that Company may deem necessary to perfect, extend, or clarify Company's rights in the Collateral securing or intended to secure Debtor's obligations to Company hereunder. Debtor hereby irrevocably appoints Company as Debtor's Attorney-in-Fact for the signing and filing of such documents and authorizes Company to delegate these limited powers. Debtor agrees to pay all costs, including attorney's fees, incurred in connection with such filings and otherwise preserving and protecting Company's interest in the Collateral.