Common use of Financing Statement; Further Assurances Clause in Contracts

Financing Statement; Further Assurances. Borrowers hereby authorize Administrative Agent to file a financing statement or statements under the UCC in connection with any of the Accounts and the Account Collateral with respect thereto in the form required to properly perfect the security interest of the Secured Parties therein. Borrowers agree that at any time and from time to time, at the expense of Borrowers, Borrowers will promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that Administrative Agent may request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Lockbox Bank or Administrative Agent to exercise and enforce its rights and remedies hereunder with respect to any Account or Account Collateral.

Appears in 5 contracts

Samples: Lease Agreement (FelCor Lodging Trust Inc), Revolving Credit Agreement (FelCor Lodging LP), Revolving Credit Agreement (FelCor Lodging Trust Inc)

AutoNDA by SimpleDocs

Financing Statement; Further Assurances. Borrowers Borrower hereby authorize Administrative Agent authorizes Lender to file a financing statement or statements under the UCC in connection with any of the Accounts and the Account Collateral with respect thereto in the form required to properly perfect the Lender’s security interest of the Secured Parties therein. Borrowers agree Borrower agrees that at any time and from time to time, at the expense of BorrowersBorrower, Borrowers Borrower will promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirablenecessary, or that Administrative Agent Lender may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Lockbox Bank or Administrative Agent Lender to exercise and enforce its their respective rights and remedies hereunder with respect to any Account or Account Collateral.

Appears in 3 contracts

Samples: Loan Agreement (Spirit Finance Corp), Loan Agreement (Spirit Finance Corp), Loan Agreement (Spirit Finance Corp)

Financing Statement; Further Assurances. Borrowers Borrower hereby authorize Administrative Agent authorizes Lender to file a financing statement or statements under the UCC in connection with any of the Accounts and the Account Collateral with respect thereto in the form required to properly perfect the Lender’s security interest of the Secured Parties therein. Borrowers agree Borrower agrees that at any time and from time to time, at the expense of BorrowersBorrower, Borrowers Borrower will promptly execute and deliver all further instruments and documents, and take all further action, that may be reasonably necessary or desirable, or that Administrative Agent Lender may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Lockbox Bank or Administrative Agent Lender to exercise and enforce its rights and remedies hereunder with respect to any Account or Account Collateral.

Appears in 2 contracts

Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.)

AutoNDA by SimpleDocs

Financing Statement; Further Assurances. Borrowers Borrower hereby authorize Administrative Agent authorizes Lender to file a financing statement or statements under the UCC in connection with any of the Accounts and the Account Collateral with respect thereto in the form required to properly perfect the Lender’s first priority security interest of the Secured Parties therein. Borrowers agree Borrower agrees that at any time and from time to time, at the expense of BorrowersBorrower, Borrowers Borrower will promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that Administrative Agent Lender may request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Lockbox Cash Management Bank or Administrative Agent Lender to exercise and enforce its rights and remedies hereunder with respect to any Account or Account Collateral.

Appears in 1 contract

Samples: Loan Agreement (Netreit, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.