Common use of Further Action by Borrower Clause in Contracts

Further Action by Borrower. Borrower shall, at the expense of Borrower, promptly execute and deliver all further notices, instruments and documents, including, without limitation, financing statements, and take all such further action as may be reasonably necessary or reasonably advisable or as the Company at any time may reasonably request, in order to perfect, preserve and protect the security interest granted or purported to be granted hereby or to enable the Company to exercise and enforce such rights, powers and remedies with respect to Collateral.

Appears in 4 contracts

Samples: Stock Restriction Agreement (Servicesoft Technologies Inc), Restricted Stock Agreement (Servicesoft Technologies Inc), Form of Pledge Agreement (MCK Communications Inc)

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Further Action by Borrower. Borrower shall, at the expense of Borrower, promptly execute and deliver all further notices, instruments and documents, including, without limitation, financing statements, and take all such further action as may be reasonably necessary or reasonably advisable or as the Company at any time may reasonably request, in order to perfect, preserve and protect the security interest granted or purported to be granted hereby or to enable the Company to exercise and enforce such rights, powers and remedies with respect to the Collateral.

Appears in 4 contracts

Samples: Pledge Agreement (Inverness Medical Innovations Inc), Pledge Agreement (Inverness Medical Innovations Inc), Pledge Agreement (Inverness Medical Innovations Inc)

Further Action by Borrower. Borrower shall, at the expense of Borrower, promptly execute and deliver all further notices, instruments and documents, including, without limitation, financing statements, and take all such further action as may be reasonably necessary or reasonably advisable or as the Company at any time may reasonably request, in order to perfect, preserve and protect the security interest granted or purported to be granted hereby or to enable the Company to exercise and enforce such its rights, powers and remedies with respect to Collateralset for in this Agreement.

Appears in 1 contract

Samples: Loan and Pledge Agreement (Firepond Inc)

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Further Action by Borrower. Borrower shall, at the expense of BorrowerXxxxxxxx, promptly execute and deliver all further notices, instruments and documents, including, without limitation, financing statements, and take all such further action as may be reasonably necessary or reasonably advisable or as the Company at any time may reasonably request, in order to perfect, preserve and protect the security interest granted or purported to be granted hereby or to enable the Company to exercise and enforce such rights, powers and remedies with respect to Collateral.

Appears in 1 contract

Samples: Restricted Stock Agreement (Fargo Electronics Inc)

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