Common use of Additional Documents and Future Actions Clause in Contracts

Additional Documents and Future Actions. Pledgor will, at its sole cost, take such actions and provide Collateral Agent from time to time with such agreements, financing statements, and additional instruments, documents, or information as Collateral Agent may in its discretion deem necessary or advisable to perfect, protect, and maintain the security interests in the Collateral, or any portion thereof, or to permit Collateral Agent to protect its interest in the Collateral. Pledgor hereby authorizes and appoints Collateral Agent as Pledgor's attorney-in-fact, with full power of substitution, to take such actions as Collateral Agent may deem advisable to protect the Collateral and its interests therein and Collateral Agent's rights hereunder, to execute on Pledgor's behalf and file at Pledgor's expense financing statements, and amendments thereto, in those public offices deemed necessary or appropriate by Collateral Agent to establish, maintain and protect a continuously perfected security interest in the Collateral, including, without limitation, to receive, endorse and collect all certificates, instruments and securities made payable to or issued to Pledgor representing any dividend, interest, or other distribution in respect of the Collateral, or any portion thereof, and to execute on Pledgor's behalf such other documents and notices as Collateral Agent may deem advisable to protect the Collateral and Collateral Agent's interests therein and Collateral Agent's rights hereunder. Such power being coupled with an interest is irrevocable unilaterally by Pledgor. Pledgor irrevocably authorizes the filing of a carbon, photographic or other copy of this Agreement, or of a financing statement, as a financing statement and agrees that such filing is sufficient as a financing statement.

Appears in 1 contract

Samples: Stock Pledge Agreement (Ea Industries Inc /Nj/)

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Additional Documents and Future Actions. Pledgor The Borrowers will, at its their sole cost, (i) take such actions and provide Collateral Agent Bank from time to time with such agreements, financing statements, statements and additional instruments, documents, documents or information as Collateral Agent the Bank may in its reasonable discretion deem necessary or advisable to perfect, protect, and maintain or enforce its Lien in the security interests Collateral, to permit Bank to protect or enforce its Lien in the Collateral, or any portion thereofto carry out the terms of the Loan Document, and (ii) execute on each Borrower's behalf and expense (x) all such security agreements (or amendments to permit Collateral Agent this Agreement) as shall be necessary to protect its evidence the grant to Bank of a security interest in and to all Commercial Tort Claims if, and to the Collateralextent, they arise hereafter, and (y) all pleadings and other documents as Bank may reasonably deem necessary or advisable in connection with any Commercial Tort Claim. Pledgor The Borrowers hereby authorizes authorize and appoints Collateral Agent appoint Bank as Pledgor's their attorney-in-fact, with full power of substitution, to take such actions as Collateral Agent Bank may reasonably deem advisable to protect the Collateral and its interests therein thereon and Collateral Agent's its rights hereunder, to execute on Pledgorany Borrower's behalf (if necessary) and to file at Pledgor's the Borrowers' expense financing statements, statements or applications for registration and amendments thereto, in those public offices deemed necessary or appropriate by Collateral Agent Bank to establish, maintain and protect a continuously perfected security interest or published Lien in the Collateral, including, without limitation, to receive, endorse and collect all certificates, instruments and securities made payable to or issued to Pledgor representing any dividend, interest, or other distribution in respect of the Collateral, or any portion thereof, and to execute on Pledgorany Borrower's behalf such other documents and notices as Collateral Agent Bank may reasonably deem advisable to protect the Collateral and Collateral Agent's its interests therein and Collateral Agent's its rights hereunder. Such power being coupled with an interest is irrevocable unilaterally irrevocable, the Borrowers irrevocably authorize the filing of financing statements or applications for registration by Pledgor. Pledgor irrevocably authorizes Bank describing the Collateral, the filing of initial financing statements in the jurisdiction of any Borrower's legal formation and existence, the filing of a carbon, photographic or other copy of this Agreement, or of a financing statement, as a financing statement and agrees agree that such filing is sufficient as a financing statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Berger Holdings LTD)

Additional Documents and Future Actions. Pledgor Each Obligor will, at its sole cost, (i) take such actions and provide Collateral Agent Bank from time to time with such agreements, financing statements, statements and additional instruments, documents, documents or information as Collateral Agent Bank may in its reasonable discretion deem necessary or advisable to perfect, protect, and maintain or enforce its Lien in the security interests Collateral, to permit Bank to protect or enforce its Lien in the Collateral, or any portion thereofto carry out the terms of the Loan Document, and (ii) execute on such Obligor’s behalf and expense (x) all such security agreements (or amendments to permit Collateral Agent this Agreement) as shall be necessary to protect its evidence the grant to Bank of a security interest in and to all Commercial Tort Claims if, and to the Collateralextent, they arise hereafter, and (y) all pleadings and other documents as Bank may deem necessary or advisable in connection with any Commercial Tort Claim. Pledgor Each Obligor hereby authorizes and appoints Collateral Agent Bank as Pledgor's its attorney-in-fact, with full power of substitution, to take such actions as Collateral Agent Bank may deem advisable to protect the Collateral and its interests therein thereon and Collateral Agent's its rights hereunder, to execute on Pledgor's such Obligor’s behalf (if necessary) and to file at Pledgor's the Obligor’s expense financing statements, statements or applications for registration and amendments thereto, in those public offices deemed necessary or appropriate by Collateral Agent Bank to establish, maintain and protect a continuously perfected security interest or published Lien in the Collateral, including, without limitation, to receive, endorse and collect all certificates, instruments and securities made payable to or issued to Pledgor representing any dividend, interest, or other distribution in respect of the Collateral, or any portion thereof, and to execute on Pledgor's such Obligor’s behalf such other documents and notices as Collateral Agent Bank may deem advisable to protect the Collateral and Collateral Agent's its interests therein and Collateral Agent's its rights hereunder. Such power being coupled with an interest is irrevocable unilaterally by Pledgor. Pledgor irrevocable, each Obligor irrevocably authorizes the filing of financing statements or applications for registration by Bank describing the Collateral, the filing of initial financing statements in the jurisdiction of such Obligor’s legal formation and existence, the filing of a carbon, photographic or other copy of this Agreement, or of a financing statement, as a financing statement and agrees agree that such filing is sufficient as a financing statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Access to Money, Inc.)

Additional Documents and Future Actions. Pledgor Obligors will, at its their sole cost, (i) take such actions and provide Collateral Agent Bank from time to time with such agreements, financing statements, statements and additional instruments, documents, documents or information as Collateral Agent Bank may in its reasonable discretion deem necessary or advisable to perfect, protect, and maintain or enforce its Lien in the security interests Collateral, to permit Bank to protect or enforce its Lien in the Collateral, or any portion thereofto carry out the terms of the Loan Document, and (ii) execute on each Obligor’s behalf and expense (x) all such security agreements (or amendments to permit Collateral Agent this Agreement) as shall be necessary to protect its evidence the grant to Bank of a security interest in and to all Commercial Tort Claims if, and to the Collateralextent, they arise hereafter, and (y) all pleadings and other documents as Bank may deem necessary or advisable in connection with any Commercial Tort Claim. Pledgor Obligors hereby authorizes authorize and appoints Collateral Agent appoint Bank as Pledgor's their attorney-in-fact, with full power of substitution, to take such actions as Collateral Agent Bank may deem advisable to protect the Collateral and its interests therein thereon and Collateral Agent's its rights hereunder, to execute on Pledgor's any Obligor’s behalf (if necessary) and to file at Pledgor's Obligors’ expense financing statements, statements or applications for registration and amendments thereto, in those public offices deemed necessary or appropriate by Collateral Agent Bank to establish, maintain and protect a continuously perfected security interest or published Lien in the Collateral, including, without limitation, to receive, endorse and collect all certificates, instruments and securities made payable to or issued to Pledgor representing any dividend, interest, or other distribution in respect of the Collateral, or any portion thereof, and to execute on Pledgor's any Obligor’s behalf such other documents and notices as Collateral Agent Bank may deem advisable to to, during the continuance of an Event of Default, protect the Collateral and Collateral Agent's its interests therein and Collateral Agent's its rights hereunder. Such power being coupled with an interest is irrevocable unilaterally irrevocable, Obligors irrevocably authorize the filing of financing statements or applications for registration by Pledgor. Pledgor irrevocably authorizes Bank describing the Collateral, the filing of initial financing statements in the jurisdiction of any Obligor’s legal formation and existence, the filing of a carbon, photographic or other copy of this Agreement, or of a financing statement, as a financing statement and agrees agree that such filing is sufficient as a financing statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Intest Corp)

Additional Documents and Future Actions. Pledgor will, at its sole cost, take such actions and provide Collateral Agent Bank from time to time with such agreements, financing statements, statements and additional instruments, documents, documents or information as Collateral Agent the Bank may in its reasonable discretion deem necessary or advisable to perfect, protect, protect and maintain the security interests in the Collateral, or any portion thereof, or to permit Collateral Agent Bank to protect its interest in the Collateral, or any portion thereof, or to carry out the terms of the Loan Documents. Pledgor hereby authorizes and appoints Collateral Agent Bank as Pledgor's its attorney-in-fact, with full power of substitution, to take such actions as Collateral Agent Bank may deem advisable to protect the Collateral and its interests therein thereon and Collateral Agent's its rights hereunder, to execute on Pledgor's ’s behalf and file at Pledgor's ’s expense financing statements, and amendments thereto, in those public offices deemed necessary or appropriate by Collateral Agent Bank to establish, maintain and protect a continuously perfected security interest in the Collateral, including, without limitation, to receive, endorse and collect all certificates, instruments and securities made payable to or issued to Pledgor representing any dividend, interest, or other distribution in respect of the Collateral, or any portion thereof, and to execute on Pledgor's ’s behalf such other documents and notices as Collateral Agent Bank may deem advisable to protect the Collateral and Collateral Agent's Bank’s interests therein and Collateral Agent's Bank’s rights hereunder. Such power being coupled with an interest is irrevocable unilaterally by Pledgorirrevocable. Pledgor irrevocably authorizes the filing of a carbon, photographic or other copy of this Agreement, or of a financing statement, as a financing statement and agrees that such filing is sufficient as a financing statement.

Appears in 1 contract

Samples: Securities Pledge Agreement (InfoLogix Inc)

Additional Documents and Future Actions. Pledgor will, at its sole cost, take such actions and provide Collateral Agent Bank from time to time with such agreements, financing statements, statements and additional instruments, documents, documents or information as Collateral Agent the Bank may in its discretion reasonably deem necessary or advisable to perfect, protect, protect and maintain the security interests in the Collateral, or any portion thereof, or to permit Collateral Agent Bank to protect its interest in the Collateral, or any portion thereof, or to carry out the terms of the Loan Documents. Pledgor hereby authorizes and appoints Collateral Agent Bank as Pledgor's its attorney-in-fact, with full power of substitution, to take such actions as Collateral Agent Bank may deem advisable to protect the Collateral and its interests therein thereon and Collateral Agent's its rights hereunder, to execute on Pledgor's ’s behalf and file at Pledgor's ’s expense financing statements, and amendments thereto, in those public offices deemed necessary or appropriate by Collateral Agent Bank to establish, maintain and protect a continuously perfected security interest in the Collateral, including, without limitation, to receive, endorse and collect all certificates, instruments and securities made payable to or issued to Pledgor representing any dividend, interest, or other distribution in respect of the Collateral, or any portion thereof, and to execute on Pledgor's ’s behalf such other documents and notices as Collateral Agent Bank may deem advisable to protect the Collateral and Collateral Agent's Bank’s interests therein and Collateral Agent's Bank’s rights hereunder. Such power being coupled with an interest is irrevocable unilaterally by Pledgorirrevocable. Pledgor irrevocably authorizes the filing of a carbon, photographic or other copy of this Agreement, or of a financing statement, as a financing statement and agrees that such filing is sufficient as a financing statement.

Appears in 1 contract

Samples: Securities Account Pledge Agreement (InfoLogix Inc)

Additional Documents and Future Actions. Pledgor will, at its sole cost, take such actions and provide Collateral Agent Pledgee from time to time with such agreements, financing statements, statements and additional instruments, documents, documents or information as Collateral Agent Pledgee may in its reasonable discretion deem necessary or advisable to perfect, protect, protect and maintain the security interests in the Collateral, or any portion thereof, or to permit Collateral Agent Pledgee to protect its interest in the Collateral, or any portion thereof, or to carry out the terms of this Pledge and the Notes. Pledgor hereby authorizes and appoints Collateral Agent Pledgee as Pledgor's its attorney-in-fact, with full power of substitution, to take such actions as Collateral Agent Pledgee may reasonably deem advisable to protect the Collateral and its interests therein thereon and Collateral Agent's its rights hereunder, to execute on Pledgor's behalf and file at Pledgor's expense financing statements, and amendments thereto, in those public offices reasonably deemed necessary or appropriate by Collateral Agent Pledgee to establish, maintain and protect a continuously perfected security interest in the Collateral, including, without limitation, to receive, endorse and collect all certificates, instruments and securities made payable to or issued to Pledgor representing any dividend, interest, or other distribution in respect of the Collateral, or any portion thereof, and to execute on Pledgor's behalf such other documents and notices as Collateral Agent Pledgee may reasonably deem advisable to protect the Collateral and Collateral AgentPledgee's interests therein and Collateral AgentPledgee's rights hereunder. Such power power, being coupled with an interest interest, is irrevocable unilaterally by Pledgorirrevocable. Pledgor irrevocably authorizes the filing of a carbon, photographic or other copy of this Agreement, or of a financing statement, as a financing statement and agrees that such filing is sufficient as a financing statement.

Appears in 1 contract

Samples: Pledge Agreement (DVL Inc /De/)

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Additional Documents and Future Actions. Pledgor Each Obligor will, at its sole cost, (i) take such actions and provide the Administrative Agent and the Collateral Agent from time to time with such agreements, financing statements, statements and additional instruments, documents, documents or information as the Administrative Agent or the Collateral Agent may in its their respective reasonable discretion deem necessary or advisable to perfect, protect, and maintain or enforce the security interests Collateral Agent’s Lien in the Collateral, to permit the Collateral Agent to protect or enforce its Lien in the Collateral, or any portion thereofto carry out the terms of the Loan Documents, and (ii) execute on such Obligor’s behalf and expense (x) all such security agreements (or amendments to permit this Agreement) as shall be necessary to evidence the grant to the Collateral Agent to protect its (for the ratable benefit of the Secured Parties) of a security interest in and to all Commercial Tort Claims if, and to the Collateralextent, they arise hereafter, and (y) all pleadings and other documents the Administrative Agent or the Collateral Agent may deem necessary or advisable in connection with any Commercial Tort Claim. Pledgor Each Obligor hereby authorizes and appoints the Collateral Agent as Pledgor's its attorney-in-fact, with full power of substitution, to take such actions as the Required Lenders or the Collateral Agent may deem advisable to protect the Collateral and its interests thereon and its rights hereunder, to execute on such Obligor’s behalf (if necessary) and to file at the Obligor’s expense financing statements or applications for registration and amendments thereto, in those public offices deemed necessary or appropriate by the Collateral Agent to establish, maintain and protect a continuously perfected or published Lien in the Collateral, and to execute on such Obligor’s behalf such other documents and notices as the Collateral Agent may deem advisable to protect the Collateral and its interests therein and Collateral Agent's rights hereunder, to execute on Pledgor's behalf and file at Pledgor's expense financing statements, and amendments thereto, in those public offices deemed necessary or appropriate by Collateral Agent to establish, maintain and protect a continuously perfected security interest in the Collateral, including, without limitation, to receive, endorse and collect all certificates, instruments and securities made payable to or issued to Pledgor representing any dividend, interest, or other distribution in respect of the Collateral, or any portion thereof, and to execute on Pledgor's behalf such other documents and notices as Collateral Agent may deem advisable to protect the Collateral and Collateral Agent's interests therein and Collateral Agent's its rights hereunder. Such power being coupled with an interest is irrevocable unilaterally by Pledgor. Pledgor irrevocable, each Obligor irrevocably authorizes the filing of financing statements or applications for registration by the Collateral Agent describing the Collateral, the filing of initial financing statements in the jurisdiction of such Obligor’s legal formation and existence, the filing of a carbon, photographic or other copy of this Agreement, or of a financing statement, as a financing statement and agrees agree that such filing is sufficient as a financing statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Access to Money, Inc.)

Additional Documents and Future Actions. Pledgor Obligors will, at its their sole cost, (i) take such actions and provide Collateral Agent Bank from time to time with such agreements, financing statements, statements and additional instruments, documents, documents or information as Collateral Agent Bank may in its reasonable discretion deem necessary or advisable to perfect, protect, and maintain or enforce its Lien in the security interests Collateral, to permit Bank to protect or enforce its Lien in the Collateral, or any portion thereofto carry out the terms of the Loan Document, and (ii) execute on each Obligor’s behalf and expense (x) all such security agreements (or amendments to permit Collateral Agent this Agreement) as shall be necessary to protect its evidence the grant to Bank of a security interest in and to all Commercial Tort Claims if, and to the Collateralextent, they arise hereafter, and (y) all pleadings and other documents as Bank may deem necessary or advisable in connection with any Commercial Tort Claim. Pledgor Obligors hereby authorizes authorize and appoints Collateral Agent appoint Bank as Pledgor's attorney-in-facttheir attorney‑in‑fact, with full power of substitution, to take such actions as Collateral Agent Bank may deem advisable to protect the Collateral and its interests therein thereon and Collateral Agent's its rights hereunder, to execute on Pledgor's any Obligor’s behalf (if necessary) and to file at Pledgor's Obligors’ expense financing statements, statements or applications for registration and amendments thereto, in those public offices deemed necessary or appropriate by Collateral Agent Bank to establish, maintain and protect a continuously perfected security interest or published Lien in the Collateral, including, without limitation, to receive, endorse and collect all certificates, instruments and securities made payable to or issued to Pledgor representing any dividend, interest, or other distribution in respect of the Collateral, or any portion thereof, and to execute on Pledgor's any Obligor’s behalf such other documents and notices as Collateral Agent Bank may deem advisable to to, during the continuance of an Event of Default, protect the Collateral and Collateral Agent's its interests therein and Collateral Agent's its rights hereunder. Such power being coupled with an interest is irrevocable unilaterally irrevocable, Obligors irrevocably authorize the filing of financing statements or applications for registration by Pledgor. Pledgor irrevocably authorizes Bank describing the Collateral, the filing of initial financing statements in the jurisdiction of any Obligor’s legal formation and existence, the filing of a carbon, photographic or other copy of this Agreement, or of a financing statement, as a financing statement and agrees agree that such filing is sufficient as a financing statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Intest Corp)

Additional Documents and Future Actions. Pledgor willBorrower shall, at its sole cost, (a) take such actions and provide Collateral Agent Lender from time to time with such agreements, financing statements, statements and additional instruments, documents, documents or information as Collateral Agent Lender may in its reasonable discretion deem necessary or advisable to perfect, protect, and maintain or enforce its Lien in the security interests Collateral, to permit Lender to protect or enforce its Lien in the Collateral, or any portion thereofto carry out the terms of the Loan Document, and (b) execute on Borrower’s behalf and expense (i) all such security agreements (or amendments to permit Collateral Agent this Agreement) as shall be necessary to protect its evidence the grant to Lender of a security interest in and to all Commercial Tort Claims if, and to the Collateralextent, they arise hereafter, and (ii) all pleadings and other documents as Lender may deem necessary or advisable in connection with any Commercial Tort Claim. Pledgor Borrower hereby authorizes and appoints Collateral Agent Lender as Pledgor's its attorney-in-fact, with full power of substitution, to take such actions as Collateral Agent Lender may deem advisable to protect the Collateral and its interests therein thereon and Collateral Agent's its rights hereunder, to execute on Pledgor's Borrower’s behalf (if necessary) and to file at Pledgor's Borrower’s expense financing statements, statements or applications for registration and amendments thereto, in those public offices deemed necessary or appropriate by Collateral Agent Lender to establish, maintain and protect a continuously perfected security interest or published Lien in the Collateral, including, without limitation, to receive, endorse and collect all certificates, instruments and securities made payable to or issued to Pledgor representing any dividend, interest, or other distribution in respect of the Collateral, or any portion thereof, and to execute on Pledgor's Borrower’s behalf such other documents and notices as Collateral Agent Lender may deem advisable to protect the Collateral and Collateral Agent's its interests therein and Collateral Agent's its rights hereunder. Such power being coupled with an interest is irrevocable unilaterally by Pledgor. Pledgor irrevocable, Borrower irrevocably authorizes the filing of financing statements or applications for registration by Lender describing the Collateral, the filing of initial financing statements in the jurisdiction of Borrower’s legal formation and existence, the filing of a carbon, photographic or other copy of this Agreement, or of a financing statement, as a financing statement and agrees agree that such filing is sufficient as a financing statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Access Worldwide Communications Inc)

Additional Documents and Future Actions. Pledgor will, at its sole cost, take such actions and provide Collateral Agent Lender from time to time with such agreements, financing statements, statements and additional instruments, documents, documents or information as Collateral Agent the Lender may in its discretion deem necessary or advisable to perfect, protect, protect and maintain the security interests in the Collateral, or any portion thereof, or to permit Collateral Agent Lender to protect its interest in the Collateral, or any portion thereof, or to carry out the terms of the Loan Documents. Pledgor hereby authorizes and appoints Collateral Agent Lender as Pledgor's its attorney-in-fact, with full power of substitution, to take such actions as Collateral Agent Lender may deem advisable to protect the Collateral and its interests therein thereon and Collateral Agent's its rights hereunder, to execute on Pledgor's ’s behalf and file at Pledgor's ’s expense financing statements, and amendments thereto, in those public offices deemed necessary or appropriate by Collateral Agent Lender to establish, maintain and protect a continuously perfected security interest in the Collateral, including, without limitation, limitation to receive, endorse and collect all certificates, instruments and securities made payable to or issued to Pledgor representing any dividend, interest, or other distribution in respect of the Collateral, or any portion thereof, and to execute on Pledgor's ’s behalf such other documents and notices as Collateral Agent Lender may deem advisable to protect the Collateral and Collateral Agent's Lender’s interests therein and Collateral Agent's Lender’s rights hereunder. Such power being coupled with an interest is irrevocable unilaterally by Pledgorirrevocable. Pledgor irrevocably authorizes the filing of a carbon, photographic or other copy of this AgreementPledge, or of a financing statement, as a financing statement statement, and agrees that such filing is sufficient as a financing statement.

Appears in 1 contract

Samples: Pledge Agreement (Intest Corp)

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