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 the Bank may reasonably request 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. Borrower hereby authorizes and appoints Bank as its attorney-in-fact, with full power of substitution, to take such actions, upon the occurrence of an Event of Default and at anytime thereafter until such time as it has been waived in writing by the Bank, as Bank may deem advisable to protect the Collateral and its interests thereon and its rights hereunder. Borrower hereby authorizes and appoints Bank as its attorney-in-fact, to execute on Borrower's behalf and file at Borrower'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 Borrower's behalf such other documents and notices as Bank may deem advisable to perfect the Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable.

Appears in 1 contract

Samples: Revolving Credit, Term Loan and Security Agreement (Merrimac Industries Inc)

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Additional Documents and Future Actions. Borrower will, 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 reasonably request in its discretion deem necessary or advisable to perfect, protect, maintain or enforce the security interests in the Sub-Loan Collateral, to permit Bank Lender to protect or enforce its interest in the Sub-Loan Collateral, or to carry out the terms of the Loan Documents. 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, upon the occurrence of an Event of Default and at anytime thereafter until such time actions as it has been waived in writing by the Bank, as Bank Lender may deem advisable to protect the Sub-Loan Collateral and its interests thereon and its rights hereunder. Borrower hereby authorizes and appoints Bank as its attorney-in-fact, to execute on Borrower's ’s behalf and file at Borrower's ’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 Sub-Loan Collateral, and to execute on Borrower's ’s behalf such other documents and notices as Bank Lender may deem advisable to perfect protect the Sub-Loan Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable.

Appears in 1 contract

Samples: Loan and Security Agreement (Bluegreen Corp)

Additional Documents and Future Actions. Borrower willagrees, at its sole cost, to take such actions and provide Bank Lender from time to time with such agreements, financing statements and additional instruments, documents (including deeds, assignments and mortgages) or information as the Bank Lender may in its discretion deem reasonably request necessary or advisable to perfect, protect, maintain or enforce its Lien against the security interests in the Inventory Collateral, to permit Bank Lender to protect or enforce its interest in the Inventory Collateral, or to carry out the terms of the Loan Documents. 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, upon the occurrence of an Event of Default and at anytime thereafter until such time actions as it has been waived in writing by the Bank, as Bank Lender may deem advisable (i) to protect the Inventory Collateral and its interests thereon and its rights hereunder. Borrower hereby authorizes and appoints Bank as its attorney-in-fact, to execute on Borrower's behalf and file at Borrower'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 Lien against the Inventory Collateral, and (ii) to execute on Borrower's behalf such other documents and notices as Bank Lender may deem advisable from and after the occurrence of an Event of Default to perfect protect the Inventory Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable.

Appears in 1 contract

Samples: Inventory Loan and Security Agreement (Diamond Resorts Corp)

Additional Documents and Future Actions. Borrower will, at its 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 reasonably request in its 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, Collateral or to carry out the terms of the Loan DocumentsInstruments. Borrower hereby authorizes authorize and appoints Bank appoint Lender as its their attorney-in-fact, with full power of substitution, to take such actions, upon the occurrence of an Event of Default and at anytime thereafter until such time actions as it has been waived in writing by the Bank, as Bank Lender may deem advisable to protect the Collateral and its interests thereon and its rights hereunder. Borrower hereby authorizes and appoints Bank as its attorney-in-factthereunder, to execute on Borrower's ' behalf and file at Borrower's Loan Parties' 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 Borrower's ' behalf such other documents and notices as Bank Lender may reasonably deem advisable to perfect protect the Collateral and its interests therein and its rights hereunderthereunder. Such power being coupled with an interest is irrevocable.

Appears in 1 contract

Samples: Loan Agreement (Aquis Communications Group Inc)

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Additional Documents and Future Actions. Borrower willagrees, at its sole cost, to take such actions and provide Bank Lender from time to time with such agreements, financing statements and additional instruments, documents (including deeds, assignments and mortgages) or information as the Bank Lender may reasonably request in its discretion deem necessary or advisable to perfect, protect, maintain or enforce its Lien against the security interests in the Inventory Collateral, to permit Bank Lender to protect or enforce its interest in the Inventory Collateral, or to carry out the terms of the Loan Documents. 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, upon the occurrence of an Event of Default and at anytime thereafter until such time actions as it has been waived in writing by the Bank, as Bank Lender may deem advisable (i) to protect the Inventory Collateral and its interests thereon and its rights hereunder. Borrower hereby authorizes and appoints Bank as its attorney-in-fact, to execute on Borrower's behalf and file at Borrower's ’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 Lien against the Inventory Collateral, and (ii) to execute on Borrower's ’s behalf such other documents and notices as Bank Lender may deem advisable to perfect protect the Inventory Collateral and its interests therein and its rights hereunder. Such power being coupled with an interest is irrevocable.

Appears in 1 contract

Samples: Inventory Loan and Security Agreement (Diamond Resorts Corp)

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