Common use of Authorization of Financing Statements Clause in Contracts

Authorization of Financing Statements. Pursuant to any applicable law, each Grantor authorizes the Collateral Agent to file or record financing statements 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 Collateral Agent reasonably determines appropriate to perfect the security interests of the Collateral Agent (for the benefit of the Secured Parties) under this Agreement. Each Grantor authorizes the Collateral Agent to use the collateral description “all personal property” or any similar phrase in any such financing statements.

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (SFX Entertainment, INC), Credit Agreement (SFX Entertainment, INC), Guarantee and Collateral Agreement (SFX Entertainment, INC)

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Authorization of Financing Statements. Pursuant to any applicable law, each Grantor authorizes the Collateral Agent or counsel to the Collateral Agent to file or record financing statements 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 Collateral Agent reasonably determines appropriate necessary to perfect the security interests of the Collateral Agent (for the benefit of the Secured Parties) under this Agreement. Each Grantor authorizes the Collateral Agent to use the collateral description “all personal property, whether now owned or hereafter acquired” or any words of a similar phrase effect in any such financing statements.

Appears in 2 contracts

Samples: Security Agreement (Lri Holdings, Inc.), Joinder Agreement (Logan's Roadhouse of Kansas, Inc.)

Authorization of Financing Statements. Pursuant to any applicable law, each Each Grantor authorizes the Collateral Agent to file or record financing statements 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 Collateral Agent reasonably determines appropriate to perfect the security interests of the Collateral Agent (for the benefit of the Secured Parties) under this Agreement. Each , and each Grantor authorizes the Collateral Agent to use the collateral description descriptions such as “all personal property” or “all assets”, in each case “whether now owned or hereafter acquired”, words of similar import or any similar phrase other description the Collateral Agent, in its sole discretion, so chooses in any such financing statements.

Appears in 1 contract

Samples: Security Agreement (GeoEye, Inc.)

Authorization of Financing Statements. Pursuant to any applicable law, each Grantor authorizes the Collateral Administrative Agent to file or record financing statements 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 Collateral Administrative Agent reasonably determines appropriate to perfect the security interests of the Collateral Administrative Agent (for the benefit of the Secured Parties) under this Agreement. Each Grantor authorizes the Collateral Administrative Agent to use describe the collateral description “in any manner it deems appropriate or advisable, including, without limitation, describing collateral as "all personal property, whether now owned or any similar phrase hereafter acquired" in any such financing statements.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (M & F Worldwide Corp)

Authorization of Financing Statements. Pursuant to any applicable law, each the Grantor authorizes the Collateral Agent to file or record financing statements and other filing or recording documents or instruments with respect to the Collateral without the signature of such the Grantor in such form and in such offices as the Collateral Agent reasonably determines appropriate to perfect or maintain the perfection of the security interests of the Collateral Agent (for the benefit of the Secured Parties) under this Agreement. Each The Grantor authorizes the Collateral Agent to use collateral descriptions that describe the collateral description Collateral in an overbroad manner, such as “all personal property, whether now owned or any similar phrase hereafter acquired”, in any such financing statements.

Appears in 1 contract

Samples: Patent Security Agreement (Virgin Mobile USA, Inc.)

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Authorization of Financing Statements. Pursuant to any applicable law, each Grantor authorizes the each Collateral Agent to file or record financing statements 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 such Collateral Agent reasonably determines appropriate to perfect or maintain the perfection of the security interests of the Collateral Agent (for the benefit of the Secured Parties) Agents under this Agreement. Each Grantor authorizes the each Collateral Agent to use collateral descriptions that describe the collateral description Collateral in an overbroad manner, such as “all personal property, whether now owned or any similar phrase hereafter acquired”, in any such financing statements.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Virgin Mobile USA, Inc.)

Authorization of Financing Statements. Pursuant to any applicable law, each the Grantor authorizes the each Collateral Agent to file or record financing statements and other filing or recording documents or instruments with respect to the Collateral without the signature of such the Grantor in such form and in such offices as the such Collateral Agent reasonably determines appropriate to perfect or maintain the perfection of the security interests of the Collateral Agent (for the benefit of the Secured Parties) Agents under this Agreement. Each The Grantor authorizes the each Collateral Agent to use collateral descriptions that describe the collateral description Collateral in an overbroad manner, such as “all personal property, whether now owned or any similar phrase hereafter acquired”, in any such financing statements.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Virgin Mobile USA, Inc.)

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