Maintenance of Security Interests. The Borrower will:
Maintenance of Security Interests. Each of the Borrowers shall:
Maintenance of Security Interests. The Guarantor will:
Maintenance of Security Interests. Seller shall execute and file and record (or cause to be executed and filed and recorded) such Uniform Commercial Code financing statements and deeds of trust and shall take such further action and execute such further instruments and other writings as shall be required by Xxxxx to confirm and continue the validity, priority, and perfection of the Security Interests [and the Pledge Interest]. The granting of the Security Interests [and the Pledge Interest] shall not be to the exclusion of, nor be construed to limit the amount of any further claims, causes of action or other rights accruing to Buyer by reason of any breach or default by Seller under this Agreement or the termination of this Agreement prior to the expiration of the Term.
Maintenance of Security Interests. Each Obligor will:
Maintenance of Security Interests. Seller hereby authorizes the filing and recording of financing statements in the name of Seller as debtor thereunder and shall take such further action and execute such further instruments and other writings as shall be required by PacifiCorp to confirm and continue the validity, priority, and perfection of the Security Interests. The granting of the Security Interests shall not be to the exclusion of, nor be construed to limit the amount of any further claims, causes of action or other rights accruing to PacifiCorp by reason of any breach or default by Seller hereunder or the termination hereof prior to the expiration of the Term.
Maintenance of Security Interests. The Lessee will:
Maintenance of Security Interests. (i) at its own cost, do all that it reasonably can to ensure that any Finance Document validly creates the obligations and the Security Interests which it purports to create; and
Maintenance of Security Interests. Until the Obligations are repaid in full, the Borrower, at its own expense, shall do all things reasonably requested by the Lender in writing and shall deliver all instruments reasonably requested by the Lender in writing to protect or perfect any security interest, mortgage or lien given hereunder or under any Security Documents, including, without limitation, financing statements under the Uniform Commercial Code. The Borrower hereby authorizes the Lender, during the continuance of any Event of Default, to appoint such Person or Persons as the Lender may designate as its attorney-in-fact to endorse the name of the Borrower on any checks, notes, drafts or other forms of payment or security that may rightfully come into the possession of either the Lender or any Affiliate of the Lender, to sign the Borrower's name on invoices or bills of lading, drafts against customers, notices of assignment, verifications and schedules that relate exclusively to the Collateral and, generally, to do all things reasonably necessary to carry out this Agreement and the Security Documents to the extent required of the Borrower pursuant to this SECTION 8.1 and SECTION 11.10. The powers granted herein, being coupled with an interest, are irrevocable so long as any Obligations are outstanding. Neither the Lender nor its attorney-in-fact shall be liable for any act or omission, error in judgment or mistake of law so long as the same is not the result of a malicious act, willful misconduct, or gross negligence of the Lender or its attorney-in-fact. Upon payment and performance of all Obligations of the Borrower to the Lender, such power of attorney will become null and void, and, upon request by the Borrower, the Lender or any Noteholder will provide an instrument in recordable form that terminates such procuration.
Maintenance of Security Interests. (a) The Servicer shall take such steps as are necessary to maintain perfection of the first priority security interest created by the Loan Documents. The Servicer agrees to xxxx its master computer databases and computer files (by way of the creation of a special “field” or otherwise), in a manner acceptable to the Agent, to evidence the interests granted to the Agent for the benefit of the Secured Parties under the Loan Agreement and the other Loan Documents. At any time and from time to time, the Servicer shall, or shall cause the Borrower to, and the Borrower will promptly and duly execute and deliver, or will promptly cause to be executed and delivered, such further instruments and documents and take such further actions as are necessary (or as are reasonably requested by the Agent) for the purpose of obtaining or preserving the full benefits of the Secured Parties under the Loan Agreement and of its rights and powers therein granted, including, without limitation, the filing of any financing or continuation statements under the Uniform Commercial Code in effect in any jurisdiction with respect to the Liens created by the Loan Agreement or the taking of any other action necessary to preserve the status of the Agent’s Liens on the Collateral as first priority perfected Liens. A photographic or other reproduction of the Loan Agreement shall be sufficient as a financing statement for filing in any jurisdiction.
