Common use of Additional Documents and Future Actions Clause in Contracts

Additional Documents and Future Actions. Borrower will, 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 Bank may in its reasonable discretion deem necessary or advisable to perfect, protect, maintain or enforce the security interests in the Collateral, to permit Bank to protect or enforce its interest in the Collateral, or to carry out the terms of the Loan Documents. Each Borrower hereby authorizes and appoints Bank as its attorney-in-fact, with full power of substitution, to take such actions as Bank may deem advisable to protect the Collateral and its interests thereon and its rights hereunder, to execute on such Borrower's behalf and file at such Borrower's expense financing statements and assignments, 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 such Borrower's behalf such other documents and notices as Bank may deem advisable to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Each Borrower 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 and Security Agreement (Hersha Hospitality Trust)

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Additional Documents and Future Actions. Each Borrower will, at --------------------------------------- its sole cost, take such actions and will provide Bank from time to time on request by Bank with such agreements, financing statements and additional instruments, documents or information as Bank the bank may in its reasonable discretion deem necessary or advisable to perfect, protect, maintain or and enforce the security interests in the Collateral, to permit Bank to protect or enforce its interest in the Collateral, Collateral or to carry out the terms of the Loan Documents. Each Borrower hereby irrevocably authorizes and appoints Bank as its attorney-in-fact, with full power of substitution, to take such actions as Bank may deem advisable to protect the Collateral and its interests thereon therein and its rights hereunder, to execute on such Borrower's its behalf and file at such Borrower's its expense financing statements and assignmentsstatements, 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 such Borrower's behalf such other documents and notices as Bank may deem advisable to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Each Borrower 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 and Security Agreement (Adage Inc)

Additional Documents and Future Actions. Each Borrower will, 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, maintain or enforce the security interests in the Collateral, to permit Bank to protect or enforce its interest in the Collateral, or to carry out the terms of the Loan Documents. Each Borrower hereby authorizes and appoints Bank as its attorney-in-fact, with full power of substitution, to take such actions as Bank may deem advisable to protect the Collateral and its interests thereon therein and its rights hereunder, to execute on such Borrower's ’s behalf and file at such Borrower's Borrowers’ expense financing statements and assignmentsstatements, 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 such Borrower's ’s behalf such other documents and notices as Bank may deem advisable to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Each Borrower 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 and Security Agreement (InfoLogix Inc)

Additional Documents and Future Actions. Borrower will, at --------------------------------------- its sole cost, take such actions and provide Bank Administrative Agent and Lenders from time to time with such agreements, financing statements and additional instruments, documents or information as Bank Lender may in its reasonable discretion deem necessary or advisable to perfect, protect, maintain or enforce the security interests in the Collateral, to permit Bank to protect or enforce its interest in collateral servicing the Collateral, Obligations or to carry out the terms of the Loan Documents. Each Borrower hereby authorizes and appoints Bank Administrative Agent as its attorney-in-fact, with full power of substitution, to take such actions as Bank Administrative Agent or Lenders may deem advisable to protect the Collateral such collateral and its their interests thereon and its their rights hereunderthereunder, to execute on such Borrower's ’s behalf and file at such Borrower's ’s expense financing statements and assignmentsstatements, and amendments thereto, in those public offices deemed necessary or appropriate by Bank Administrative Agent to establish, maintain and protect a continuously perfected security interest in the Collateralsuch collateral, and to execute on such Borrower's ’s behalf such other documents and notices as Bank Administrative Agent may deem advisable to protect the Collateral such collateral and its their interests therein and its their rights hereunderthereunder. Such power being coupled with an interest is irrevocable. Each Borrower 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: Forbearance Agreement (Access to Money, Inc.)

Additional Documents and Future Actions. Borrower will, 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, maintain or enforce the security interests in the Collateral, to permit Bank to protect or enforce its interest in the Collateral, or to carry out the terms of the Loan Documents. Each Borrower hereby authorizes and appoints Bank as its attorney-in-fact, with full power of substitution, to take such actions as Bank may deem advisable to protect the Collateral and its interests thereon and its rights hereunder, to execute on such Borrower's behalf and file at such Borrower's expense financing statements and assignments, 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 such Borrower's behalf such other documents and notices as Bank may deem advisable to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Each Borrower 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: Revolving Credit Loan Agreement (Resource America Inc)

Additional Documents and Future Actions. Borrower willshall, 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 Bank Lender may in its reasonable discretion deem necessary or advisable to perfect, 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 Documents. Each Borrower hereby authorizes and appoints Bank Lender and any officer of Lender as its attorney-in-fact, with full power of substitution, to take such actions as Bank Lender may deem reasonably advisable to protect its interests in the Collateral and its interests thereon and its rights hereunder, to execute on such Borrower's behalf and file at such Borrower's ’s expense financing statements and assignmentsstatements, 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 such Borrower's ’s behalf such other documents and notices as Bank Lender may deem reasonably advisable to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Each Borrower 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: Receivables Loan Agreement (Bluegreen Corp)

Additional Documents and Future Actions. Borrower will, 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, maintain or enforce the security interests in the Collateral, to permit Bank to protect or enforce its interest in the Collateral, or to carry out the terms of the Loan Documents. Each Borrower hereby authorizes and appoints Bank as its attorney-in-fact, with full power of substitution, to take such actions as Bank may deem advisable to protect the Collateral and its interests thereon and its rights hereunder, to execute on such Borrower's behalf and file at such Borrower's expense financing statements and assignments, 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 such Borrowerthat Obligor's behalf such other documents and notices as Bank may deem advisable to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Each Borrower 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: Revolving Credit Loan and Security Agreement (Resource Asset Investment Trust)

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Additional Documents and Future Actions. Borrower will, 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, maintain or enforce the security interests in the Collateral, to permit Bank to protect or enforce its interest in the Collateral, or to carry out the terms of the Loan Documents. Each Borrower hereby authorizes and appoints Bank as its attorney-in-fact, with full power of substitution, to take such actions as Bank may deem advisable to protect the Collateral and its interests thereon and its rights hereunder, to execute on such Borrower's behalf and file at such Borrower's expense financing statements and assignments, 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 such Borrower's behalf such other documents and notices as Bank may deem advisable to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Each Borrower 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: Revolving Credit Loan and Security Agreement (Resource America Inc)

Additional Documents and Future Actions. Borrower Each Obligor will, at --------------------------------------- its 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 Bank the Agent may in its reasonable discretion deem necessary or advisable to perfect, 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. Each Borrower Obligor hereby authorizes and appoints Bank Agent as its attorney-in-fact, with full power of substitution, to take such actions as Bank Agent may deem advisable to protect the Collateral and its interests thereon therein and its rights hereunder, to execute on such BorrowerObligor's behalf and file at such Borrower's Obligors' expense financing statements and assignmentsstatements, 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 such BorrowerObligor's behalf such other documents and notices as Bank Agent may deem advisable to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Each Borrower 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 and Security Agreement (Hooper Holmes Inc)

Additional Documents and Future Actions. Borrower Borrowers will, at --------------------------------------- its 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, maintain or enforce the security interests in the Collateral, to permit Bank to protect or enforce its interest in the Collateral, or to carry out the terms of the Loan Documents. Each Borrower hereby authorizes and appoints Bank as its attorney-in-fact, with full power of substitution, to take such actions as Bank may deem advisable to protect the Collateral and its interests thereon therein and its rights hereunder, to execute on such Borrower's behalf and file at such Borrower's expense financing statements and assignmentsstatements, 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 such Borrower's behalf such other documents and notices as Bank may deem advisable to protect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable. Each Borrower 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 and Security Agreement (United States Lime & Minerals Inc)

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