Common use of Lien Documents Clause in Contracts

Lien Documents. On the Closing Date and thereafter as FGI deems necessary, Seller shall execute and/or deliver to FGI, or have executed and delivered (all in form and substance satisfactory to FGI and its counsel) any other agreements, documents, instruments and writings, including, without limitation, intellectual property security agreements, required by FGI to evidence, perfect or protect the Liens and security interests in the Collateral or as FGI may reasonably request from time to time. Seller agrees to comply with the requests of FGI in order for FGI to have and maintain a valid and perfected first security interest in the Collateral including, without limitation, executing and causing any other Person to execute such documents as FGI may require to obtain Control (as defined in the UCC) over all Deposit Accounts, Letter of Credit Rights and Investment Property. Seller hereby authorizes FGI to file financing statements and amendments to financing statements without Seller’s signature, in accordance with the UCC. Seller hereby authorizes FGI to file all such financing statements and amendments to financing statements describing the Collateral in any filing office as FGI, in its sole discretion may determine, including financing statements listing “All Assets” in the collateral description therein.