SECTION FINANCING STATEMENTS Sample Clauses
The Section Financing Statements clause outlines the procedures and responsibilities related to the preparation, filing, and maintenance of financing statements, typically under the Uniform Commercial Code (UCC). This clause specifies which party is responsible for filing the necessary documents to perfect a security interest, and may require cooperation in providing information or signatures needed for such filings. Its core function is to ensure that the secured party’s interest in collateral is properly recorded and protected against claims from third parties, thereby reducing the risk of disputes over priority or ownership.
SECTION FINANCING STATEMENTS. Grantor will duly execute, deliver and (subject to execution by Secured Party, where required by law) file duly completed financing statements naming Grantor as debtor, naming Secured Party as secured party, and covering the property described in Section 2.1, in the proper filing office in each jurisdiction in which a financing statement is required from time to time to be filed in order to ensure that the security interests granted to Secured Party in Section 2.1 are at all times continuously Perfected, to the extent that, under applicable law, such security interests can be Perfected by the filing of a financing statement. SECTION SECURED PARTY FILING . Secured Party is hereby authorized to file one or more financing statements and continuations thereof and amendments thereto, relative to all or any part of the Collateral, without the signature of Grantor where permitted by law.
SECTION FINANCING STATEMENTS. No financing statement, security agreement, or other lien instrument covering all or any part of the Collateral is on file in any public office, except as may have been filed in favor of Secured Party.
SECTION FINANCING STATEMENTS. Each Grantor authorizes the Administrative Agent to file or record financing statements (including continuations thereof and any new financing statement containing a description of the Collateral granted hereunder as "all assets") and other filing or recording documents or instruments with respect to the Collateral without the signature of such Grantor in such form and in such offices as the Administrative Agent reasonably determines appropriate to perfect the security interests of the Administrative Agent under this Agreement. A photographic or other reproduction of this Agreement shall be sufficient as a financing statement or other filing or recording document or instrument for filing or recording in any jurisdiction.
SECTION FINANCING STATEMENTS. Debtor expressly authorizes Secured Party to file financing statements showing Debtor as debtor covering all or any portion of the Collateral in such filing locations as selected by Secured Party and authorizes, ratifies and confirms any financing statement filed prior to the date hereof by Secured Party in any jurisdiction showing Debtor as debtor covering all or any portion of the Collateral.
