Common use of Additional Documents and Future Actions Clause in Contracts

Additional Documents and Future Actions. At its sole cost, take such actions and provide Bank from time to time with such agreements, financing statements and additional instruments, documents or information as the Bank may in its reasonable discretion deem necessary or advisable to perfect, protect and maintain the security interests in the Collateral, to permit Bank to protect its interest in the Collateral, or to carry out the terms of the Loan Documents. Obligor hereby authorizes and appoints Bank as its attorney-in-fact, with full power of substitution, to take such actions as Bank may deem advisable in its reasonable discretion to protect the Collateral and its interests thereon and its rights hereunder, to execute on Obligor's behalf and file at Obligor's expense financing statements, and amendments thereto, in those public offices deemed necessary or appropriate by Bank to establish, maintain and protect a continuously perfected security interest in the Collateral, and to execute on Obligor's behalf such other documents and notices as Bank may deem advisable in its reasonable discretion to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Obligor 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 2 contracts

Samples: Loan Agreement (Liberty Technologies Inc), Loan Agreement (Liberty Technologies Inc)

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Additional Documents and Future Actions. At its sole cost, take such actions and provide Bank Lender from time to time with such agreements, financing statements and additional instruments, documents or information as the Bank Lender may in its reasonable discretion deem necessary or advisable to perfect, protect and maintain the security interests in the Collateral, to permit Bank Lender to protect its interest in the Collateral, or to carry out the terms of the Loan Documents. Obligor hereby authorizes and appoints Bank Lender as its attorney-in-fact, with full power of substitution, to take such actions as Bank Lender may deem advisable in its reasonable discretion to protect the Collateral and its interests thereon and its rights hereunder, to execute on Obligor's behalf and file at Obligor's expense financing statements, and amendments thereto, in those public offices deemed necessary or appropriate by Bank Lender to establish, maintain and protect a continuously perfected security interest in the Collateral, and to execute on Obligor's behalf such other documents and notices as Bank Lender may deem advisable in its reasonable discretion to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Obligor 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 2 contracts

Samples: Security Agreement (Schick Technologies Inc), Security Agreement (Schick Technologies Inc)

Additional Documents and Future Actions. At its The Obligors will, at --------------------------------------- their sole cost, take such actions and provide Bank from time to time with such agreements, financing statements and additional instruments, documents or information as the Bank may in its reasonable discretion deem necessary or advisable to perfect, protect and protect, maintain the security interests or enforce its Lien in the Collateral, to permit Bank to protect or enforce its interest Lien in the Collateral, or to carry out the terms of the Loan Documents. Obligor The Obligors hereby authorizes authorize and appoints appoint Bank as its their attorney-in-fact, with full power of substitution, to take such actions as Bank may deem advisable in its reasonable discretion to protect the Collateral and its interests thereon and its rights hereunder, to execute on any Obligor's behalf (if necessary) and to file at Obligor's the Obligors' expense financing statements, statements or applications for registration and amendments thereto, in those public offices deemed necessary or appropriate by Bank to establish, maintain and protect a continuously perfected security interest or published Lien in the Collateral, and to execute on any Obligor's behalf such other documents and notices as Bank may deem advisable in its reasonable discretion to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Obligor , the Obligors irrevocably authorizes authorize the filing of financing statements or applications for registration by 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 (Drugmax Com Inc)

Additional Documents and Future Actions. At its sole cost, take such actions and provide Bank Lender from time to time with such agreements, financing statements and additional instruments, documents or information as the Bank Lender may in its reasonable discretion deem necessary or advisable to perfect, protect and maintain the security interests in the Collateral, to permit Bank Lender to protect its interest in the Collateral, or to carry out the terms of the Loan Documents. Obligor hereby authorizes and appoints Bank Leader as its attorney-in-fact, fact with full power of substitution, to take such actions as Bank Lender may deem advisable in its reasonable discretion to protect the Collateral and its interests thereon and its rights hereunder, to execute on Obligor's behalf and file at Obligor's expense financing statements, and amendments thereto, in those public offices deemed necessary or appropriate by Bank Lender to establish, maintain and protect a continuously perfected security interest in the Collateral, and to execute on Obligor's behalf such other documents and notices as Bank Lender may deem advisable in its reasonable discretion to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Obligor 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: Security Agreement (Schick Technologies Inc)

Additional Documents and Future Actions. At its sole cost, take such actions and provide Bank from time to time with such agreements, financing statements and additional instrumentsinvestments, documents or information as the Bank may in its reasonable discretion deem necessary or advisable to perfect, protect and maintain the security interests in the Collateral, to permit Bank to protect its interest in the Collateral, or to carry out the terms of the Loan Documents. Obligor hereby authorizes and appoints Bank as its attorney-in-fact, with full power of substitution, to take such actions as Bank may deem advisable in its reasonable discretion to protect the Collateral and its interests thereon and its rights hereunder, to execute on Obligor's behalf and file at Obligor's expense financing statements, and amendments thereto, in those public offices deemed necessary or appropriate by Bank to establish, maintain and protect a continuously perfected security interest in the Collateral, and to execute on Obligor's behalf such other documents and notices as Bank may deem advisable in its reasonable discretion to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Obligor 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: Loan Agreement (Liberty Technologies Inc)

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Additional Documents and Future Actions. At its Borrowers will, at their sole cost, take such actions and provide Bank Agent from time to time with such agreements, financing statements and additional instruments, documents or information as the Bank Agent may in its reasonable discretion deem necessary or advisable to perfect, protect and protect, maintain or enforce the security interests in the Collateral, to permit Bank Agent to protect or enforce its interest in the Collateral, or to carry out the terms of the Loan Documents. Obligor Borrowers hereby authorizes authorize and appoints Bank appoint Agent as its their attorney-in-fact, with full power of substitution, to take such actions as Bank Agent may deem advisable in its reasonable discretion to protect the Collateral and its interests thereon and its rights hereunder, to execute on Obligorsuch Borrower's behalf and file at Obligorsuch Borrower's expense financing statements, and amendments thereto, in those public offices deemed necessary or appropriate by Bank Agent to establish, maintain and protect a continuously perfected security interest in the Collateral, and to execute on Obligorsuch Borrower's behalf such other documents and notices as Bank Agent may deem advisable in its reasonable discretion to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Obligor Borrowers irrevocably authorizes authorize the filing of a carbon, photographic or other copy of this Agreement, or of a financing statement, as a financing statement (provided Borrowers have failed to execute a financing statement immediately upon request by Agent or any Lender) and agrees agree that such filing is sufficient as a financing statement.

Appears in 1 contract

Samples: Loan and Security Agreement (Nobel Education Dynamics Inc)

Additional Documents and Future Actions. At its Obligors will, at their sole cost, take such actions and provide Bank Lender from time to time with such agreements, financing statements and additional instruments, documents or information as the Bank Lender may in its reasonable discretion deem necessary or advisable to perfect, protect and protect, maintain or enforce the security interests in the Collateral, to permit Bank Lender to protect or enforce its interest in the Collateral, or to carry out the terms of the Loan Forbearance Documents. Obligor Obligors hereby authorizes authorize and appoints Bank appoint Lender as its their attorney-in-fact, with full power of substitution, to take such actions as Bank Lender may deem advisable in its reasonable discretion to protect the Collateral and its interests thereon and its rights hereunder, to execute on Obligor's Obligors' behalf and file at Obligor's Obligors' expense financing statements, and amendments thereto, in those public offices deemed necessary or appropriate by Bank Lender to establish, maintain and protect a continuously perfected security interest in the Collateral, and to execute on Obligor's Obligors' behalf such other documents and notices as Bank Lender may deem advisable in its reasonable discretion to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Obligor Obligors irrevocably authorizes authorize 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: Forbearance Agreement (Arthur Treachers Inc /Fl/)

Additional Documents and Future Actions. At its sole cost, take such actions and provide Bank from time to time with such agreements, financing statements and additional instruments, . documents or information as the Bank may in its reasonable discretion deem necessary or advisable to perfect, protect and maintain the security interests in the Collateral, to permit Bank to protect its interest in the Collateral, or to carry out the terms of the Loan Documents. Obligor hereby authorizes and appoints Bank as its attorney-in-fact, with full power of substitution, to take such actions as Bank may deem advisable in its reasonable discretion to protect the Collateral and its interests thereon and its rights hereunder, to execute on Obligor's behalf and file at Obligor's expense financing statements, and amendments thereto, in those public offices deemed necessary or appropriate by Bank to establish, maintain and protect a continuously perfected security interest in the Collateral, and to execute on Obligor's behalf such other documents and notices as Bank may deem advisable in its reasonable discretion to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Obligor 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: Loan Agreement (Liberty Technologies Inc)

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