Common use of Filing and Recording Clause in Contracts

Filing and Recording. The Borrower shall, at its cost and expense, cause all instruments and documents given as security pursuant to this Agreement to be duly recorded and/or filed in all places necessary, in the opinion of the Lender, to perfect and protect the security interest of the Lender in the property covered thereby. The Borrower hereby authorizes the Lender to file any financing statement in respect of any security interest created pursuant to this Agreement which may at any time be required or which, in the opinion of the Lender, may at any time be desirable, although the same may have been executed only by the Lender, or, at the option of the Lender, to sign such financing statement on behalf of the Borrower and file the same, and the Borrower hereby irrevocably designates the Lender, its agents, representatives and designees as agents and attorneys-in-fact for the Borrower for this purpose. In the event that any recording or refiling thereof (or the filing of any statements of continuation or assignment of any financing statement) is required to protect and preserve security interest, the Borrower shall, at its cost and expense, cause the same to be re-recorded and/or refiled at the time and in the manner requested by the Lender.

Appears in 4 contracts

Samples: Credit Agreement (Transit Group Inc), Credit Agreement (Transit Group Inc), Loan Agreement and Security Agreement (Transit Group Inc)

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Filing and Recording. The Borrower Credit Parties shall, at its their sole cost and expense, cause cooperate with the Agent in causing all instruments financing statements and documents given as security other Security Documents pursuant to this Agreement to be duly recorded and/or filed or otherwise perfected in all places necessarynecessary to perfect the Liens of the Agent, in the opinion of the LenderAgent, and the Credit Parties shall take such other actions as the Agent may reasonably request, in order to perfect and protect the security interest Liens of the Lender Agent, for the ratable benefit of the Lenders, in the property covered therebyCollateral. The Borrower Each of the Credit Parties, to the extent permitted by law, hereby authorizes the Lender Agent to file any financing statement statement, Mortgage or other Security Document in respect of any security interest Lien created pursuant to this Agreement the Security Documents which may at any time be required to perfect such Liens or which, in the reasonable opinion of the LenderAgent, may at any time be desirable, although the same may have been executed only by the Lender, Agent or, at the option of the LenderAgent, to sign such financing statement on behalf of the Borrower any Credit Party, and file the same, and each of the Borrower Credit Parties hereby irrevocably designates the LenderAgent, its agents, representatives and designees as agents its agent and attorneysattorney-in-fact for the Borrower for this purpose. In the event that any re-recording or refiling thereof (or the filing of any statements of continuation or assignment of any financing statement) is required to protect and preserve security interestsuch Lien, the Borrower Credit Parties shall, at its the Credit Parties’ cost and expense, cause the same to be re-recorded and/or refiled at the time and in the manner requested by the LenderAgent.

Appears in 2 contracts

Samples: Credit Agreement (Animal Health International, Inc.), Credit Agreement (Animal Health International, Inc.)

Filing and Recording. The Borrower shallBank will, at its Borrower’s cost and expense, cause all instruments and documents given as security pursuant to this Agreement to be duly recorded and/or filed in all places necessary, in the opinion of the LenderBank, to perfect and protect the Deed of Trust lien, or security interest of the Lender Bank in the property covered thereby. The Borrower hereby authorizes the Lender Bank to file any financing Financing statement in respect of any security interest created pursuant to this Agreement which may at any time be required or which, in the opinion of the LenderBank, may at any time be desirable, desirable although the same may have been executed only by the LenderBank, or, at the option of the LenderBank, should Borrower refuse to execute same after notice from Bank, to sign such financing statement Financing Statement on behalf of the Borrower and file the same, and the Borrower hereby irrevocably designates the LenderBank, its agents, representatives representative, and designees as agents and attorneys-in-attorney in fact for the Borrower for this purpose. If, after notice and opportunity, Borrower refuses to execute any Financing Statement, and Bank signs and files such Financing Statement on behalf of Borrower as herein provided, Bank shall promptly furnish a copy of said financing Statement to Borrower. In the event that any re-recording or refiling re-filing thereof (or the filing of any statements of continuation or assignment of any financing statementFinancing Statement) is required to protect and preserve such mortgage, lien or security interest, the Borrower shallBank will, at its Borrower’s cost and expense, cause the same to be re-recorded and/or refiled filed at the time and in the manner requested by the LenderBank.

Appears in 1 contract

Samples: Loan Agreement (Energytec Inc)

Filing and Recording. The Borrower shall, at its sole cost and expense, cause all instruments and documents given as evidence of security pursuant to this Agreement to be duly recorded recorded, registered and/or filed or otherwise perfected in all places necessary, in the opinion of the Lender, and take such other actions as the Lender may reasonably request, in order to perfect and protect the security interest Liens of the Lender in the property covered therebyCollateral. The Borrower Borrower, to the extent permitted by law, hereby authorizes the Lender to file any financing statement or application for registration in respect of any security interest Lien created pursuant to this Agreement the Security Documents which may at any time be required or which, in the opinion of the Lender, may at any time be desirable, desirable although the same may have been executed only by the Lender, Lender or, at the option of the Lender, to sign such financing statement or application for registration on behalf of the Borrower and file the same, and the Borrower hereby irrevocably designates the Lender, its agents, representatives and designees as agents its agent and attorneysattorney-in-fact for the Borrower for this purpose. In the event that any renewal of registration, re-registration, re-recording or refiling thereof (or the filing of any statements of continuation or assignment of any financing statementstatement or registered right) is required to protect and preserve security interestsuch Lien, the Borrower shall, at its the Borrower's cost and expense, cause the same to be renewed, re-registered, recorded and/or refiled at the time and in the manner requested by the Lender.

Appears in 1 contract

Samples: Credit Agreement (SLM International Inc /De)

Filing and Recording. The Borrower shall, at its cost and expense, cause all instruments and documents given as security pursuant to this Agreement to be duly recorded and/or filed in all places necessary, in the opinion of the Lender, to perfect and protect the security interest of the Lender in the property covered thereby. The Borrower hereby authorizes the Lender to file any financing statement in respect of any security interest created pursuant to this Agreement which may at any time be required or which, in the opinion of the Lender, may at any time be desirable, although the same may have been executed only by the Lender, or, at the option of the Lender, to sign such financing statement on behalf of the Borrower and file the same, and the Borrower hereby irrevocably designates the Lender, its agents, representatives and designees as agents and attorneys-in-fact for the Borrower for this purpose. In the event that any re-recording or refiling thereof (or the filing of any statements of continuation or assignment of any financing statement) is required to protect and preserve security interest, the Borrower shall, at its cost and expense, cause the same to be re-recorded and/or refiled at the time and in the manner requested by the Lender.

Appears in 1 contract

Samples: Loan Agreement (HCW Biologics Inc.)

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Filing and Recording. The Borrower shall, at its cost and expense, shall cause all instruments instruments, -------------------- documents, and documents financing statements relating to the Collateral given as security pursuant to this Agreement to be duly recorded and/or filed in all places necessary, in the opinion of the Lender, to perfect and protect the first priority lien and security interest of the Lender in the property covered therebyCollateral, all at the Borrower's cost and expense. The Borrower hereby authorizes the Lender to file any such document, instrument and/or financing statement in respect of any security interest created pursuant to this Agreement which may at any time be required or which, in the opinion of the Lender, may at any time be desirablestatement, although the same may have been executed only by the Lender, or, or at the option of the Lender, to sign such financing statement statement, document or instrument on behalf of the Borrower Borrower, and file the same, and the Borrower hereby irrevocably designates the Lender, its agents, representatives representatives, and designees designees, as agents and attorneys-in-fact for the Borrower for this purpose. In the event that any re-recording or refiling thereof (or the filing of any statements of continuation or assignment of any financing statement) is required require to protect and preserve the Lender's lien and security interestinterest in the Collateral, the Borrower shall, at its cost and expense, cause the same to be re-recorded and/or refiled at the time and in the manner requested by the Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Dialysis Corp of America)

Filing and Recording. The Borrower Credit Parties shall, at its their sole cost and expense, cause cooperate with the Lender in causing all instruments financing statements and documents given as security other Security Documents pursuant to this Agreement to be duly recorded and/or filed or otherwise perfected in all places necessary, necessary to perfect the Liens of the Lender in the opinion of the Lender, and the Credit Parties shall take such other actions as the Lender may reasonably request, in order to perfect and protect the security interest Liens of the Lender Lender, in the property covered therebyCollateral. The Borrower Each of the Credit Parties, to the extent permitted by law, hereby authorizes the Lender to file any financing statement statement, Mortgage or other Security Document in respect of any security interest Lien created pursuant to this Agreement the Security Documents which may at any time be required to perfect such Liens or which, in the reasonable opinion of the LenderLender , may at any time be desirable, although the same may have been executed only by the Lender, Lender or, at the option of the Lender, to sign such financing statement on behalf of the Borrower any Credit Party, and file the same, and each of the Borrower Credit Parties hereby irrevocably designates the Lender, its agents, representatives and designees as agents its agent and attorneysattorney-in-fact for the Borrower for this purpose. In the event that any re-recording or refiling thereof (or the filing of any statements of continuation or assignment of any financing statement) is required to protect and preserve security interestsuch Lien, the Borrower Credit Parties shall, at its the Credit Parties’ cost and expense, cause the same to be re-recorded and/or refiled at the time and in the manner requested by the Lender.

Appears in 1 contract

Samples: Secured Term Loan Agreement (Animal Health International, Inc.)

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