Common use of AUTHORITY TO PERFORM Clause in Contracts

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interest, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. handle any suits or other proceedings involving the Property in my name. H. prepare, file, and sign my name to any necessary reports or accountings. I. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interestLoan Document, you are authorized, without notice to me, authorized to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. handle any suits or other proceedings involving the Property in my name. H. prepare, file, and sign my name to any necessary reports or accountings. I. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. If you exercise the care and follow the procedures that you generally apply to the collection of obligations owed to you, you will be deemed to be using reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. All cash and non-cash proceeds of the Property may be applied by you only upon your actual receipt of cash proceeds against such of the Secured Debts, matured or unmatured, as you determine in your sole discretion. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interestLoan Document, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. handle any suits or other proceedings involving the Property in my name. H. prepare, file, and sign my name to any necessary reports or accountings. I. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. If you exercise the care and follow the procedures that you generally apply to the collection of obligations owed to you, you will be deemed to be using reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. All cash and non-cash proceeds of the Property may be applied by you only upon your actual receipt of cash proceeds against such of the Secured Debts, matured or unmatured, as you determine in your sole discretion. Virginia Security Agreement Initials ______ If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interestLoan Document, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. handle any suits or other proceedings involving the Property in my name. H. prepare, file, and sign my name to any necessary reports or accountings. I. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. If you exercise the care and follow the procedures that you generally apply to the collection of obligations owed to you, you will be deemed to be using reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. All cash and non-cash proceeds of the Property may be applied by you only upon your actual receipt of cash proceeds against such of the Secured Debts, matured or unmatured, as you determine in your sole discretion. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Security Agreement or any other security interest, you are authorized, without notice to me, authorized to perform the duties or cause them to be performed. These authorizations include, but are not limited to, . permission to: A. (1) pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. (2) pay any rents or other charges under any lease affecting the Property. C. (3) order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and (4) file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. (5) place a note on any chattel paper indicating your interest in the Property. F. (6) take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. (7) handle any suits or other proceedings involving the Property in my name. H. (8) prepare, file, and sign my name to any necessary reports or accountings. I. (9) make an entry on my books and records showing the existence of this Agreement. J. (10) notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. If you exercise the care and follow the procedures that you generally apply to the collection of obligations owed to you, you will be deemed to be using reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Security Agreement. All cash and non-cash proceeds of the Property may be applied by you only upon your actual receipt of cash proceeds against such of the Secured Debts, matured or unmatured, as you determine in your sole discretion. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interestLoan Document, you are authorized, without notice to me, authorized to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. handle any suits or other proceedings involving the Property in my name. H. prepare, file, and sign my name to any necessary reports or accountings. I. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. If you exercise the care and follow the procedures that you generally apply to the collection of obligations owed to you, you will be deemed to be using reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. All cash and non-cash proceeds of the Property may be applied by you only upon your actual receipt of cash proceeds against such of the Secured Debts, matured or unmatured, as you determine in your sale discretion. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Security Agreement or any other security interest, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. (1) pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. (2) pay any rents or other charges under any lease affecting the Property. C. (3) order and pay for the repair, maintenance and preservation of the Property. D. (4) sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. (5) place a note on any chattel paper indicating your interest in the Property. F. (6) take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. (7) handle any suits or other proceedings involving the Property in my name. H. (8) prepare, file, and sign my name to any necessary reports or accountings. I. (9) make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Security Agreement. If you come into actual or constructive possession possessions of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interestLoan Document, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Propertyproperty. D. sign, when permitted by law, and file any financing statements on my behalf and pay for the filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. handle any suits or other proceedings involving the Property in my name. H. prepare, file, and sign my name to any necessary reports or accountings. I. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Loan Agreement or any other security interest, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. (1) pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. (2) pay any rents or other charges under any lease affecting the Property. C. (3) order and pay for the repair, maintenance and preservation of the Property. D. (4) sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. (5) place a note on any chattel paper indicating your interest in the Property. F. (6) take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. (7) handle any suits or other proceedings involving the Property in my name. H. (8) prepare, file, and sign my name to any necessary reports or accountings. I. (9) make an entry on my books and records showing the existence of this Agreement. J. (10) notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Loan Agreement. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interest, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. . WidePoint Corporation Virginia Security Agreement Initials E. place a note on any chattel paper indicating your interest in the Property. F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. handle any suits or other proceedings involving the Property in my name. H. prepare, file, and sign my name to any necessary reports or accountings. I. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interest, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. handle any suits or other proceedings involving the Property in my name. H. prepare, file, and sign my name to any necessary reports or accountings. I. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in a connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I We authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I we fail to perform any of my our duties under this Agreement or any other security interestAgreement, you are authorized, without notice to me, authorized to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my our behalf and pay for filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my our name. G. handle any suits or other proceedings involving the Property in my our name. H. prepare, file, and sign my our name to any necessary reports or accountings. I. make an entry on my our books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for meus, you will use reasonable care. If you exercise the care and follow the procedures that you generally apply to the collection of obligations owed to you, you will be deemed to be using reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me us or other parties. Your authorization to perform for me us will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. All cash and non-cash proceeds of the Property may be applied by you only upon your actual receipt of cash proceeds against such of the Secured Debt, matured or unmatured, as you determine in your sole discretion. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interestLoan Document, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. handle any suits or other proceedings involving the Property in my name. H. prepare, file, and sign my name to any necessary reports or accountings. I. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor or Obligor of your interest in the Property and tell the Account Debtor or Obligor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. If you exercise the care and follow the procedures that you generally apply to the collection of obligations owed to you, you will be deemed to be using reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. All cash and non-cash proceeds of the Property may be applied by you only upon your actual receipt of cash proceeds against such of the Secured Debts, matured or unmatured, as you determine in your sole discretion. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interestLoan Document, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. C. request transfer of the Property to your name, or register and place a note on any chattel paper or on the books of the Property issuer or securities intermediary indicating your interest in the Property. F. D. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. E. exercise all voting or other ownership rights pertaining to the Property (although you are not obligated to do so). F. handle any suits or other proceedings involving the Property in my name. H. G. prepare, file, and sign my name to any necessary reports or accountings. I. H. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. If you exercise the care and follow the procedures that you generally apply to the collection of obligations owed to you, you will be deemed to be using reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest Interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. If you come into actual or constructive possession of the Property, you will preserve All cash and protect the Property. For purposes of this paragraph, you will be in actual possession non-cash proceeds of the Property may be applied by you only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession upon your actual receipt of cash proceeds against such of the Property only when Secured Debts, matured or unmatured, as you have both the power and the intent to exercise control over the Propertydetermine in your sole discretion.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Loan Agreement or any other security interest, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. (1) pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. (2) pay any rents or other charges under any lease affecting the Property. C. (3) order and pay for the repair, maintenance and preservation of the Property. D. (4) sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. (5) place a note on any chattel paper indicating your interest in the Property. F. (6) take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. (7) handle any suits or other proceedings involving the Property in my name. H. (8) prepare, file, and sign my name to any necessary reports or accountings. I. (9) make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Loan Agreement. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interestLoan Document, you are authorized, without notice to me, to perform the duties or cause them to be performed. MANITEX LOAD KING, INC. South Dakota Security Agreement Initials These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. F. take any commercially reasonable action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. F. handle any suits or other proceedings involving the Property in my name. H. prepare, file, and sign my name to any necessary reports or accountings. I. G. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. If you exercise the care and follow the procedures that you generally apply to the collection of obligations owed to you, you will be deemed to be using reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. All cash and non-cash proceeds of the Property may be applied by you only upon your actual receipt of cash proceeds against such of the Secured Debts, matured or unmatured, as you determine in your sole discretion. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I We authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I we fail to perform any of my our duties under this Agreement or any other security interestLoan Document, you are authorized, without notice to me, authorized to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my our behalf and pay for filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my our name. G. handle any suits or other proceedings involving the Property in my our name. H. prepare, file, and sign my our name to any necessary reports or accountings. I. make an entry on my our books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for meus, you will use reasonable care. If you exercise the care and follow the procedures that you generally apply to the collection of obligations owed to you, you will be deemed to be using reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me us or other parties. Your authorization to perform for me us will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. All cash and non-cash proceeds of the Property may be applied by you only upon your actual receipt of cash proceeds against such of the Secured Debts, matured or unmatured, as you determine in your sole discretion. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interestLoan Document, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. exercise all voting or other ownership rights pertaining to the Property (although you are not obligated to do so). H. handle any suits or other proceedings involving the Property in my name. H. I. prepare, file, and sign my name to any necessary reports or accountings. I. J. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. If you exercise the care and follow the procedures that you generally apply to the collection of obligations owed to you, you will be deemed to be using reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. All cash and non-cash proceeds of the Property may be applied by you only upon your actual receipt of cash proceeds against such of the Secured Debts, matured or unmatured, as you determine in your sole discretion. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interestLoan Document, you are authorized, authorized without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to:. A. pay Pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay Pay any rents or other charges under any lease affecting the Property. C. order Order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file File any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. place Place a note on any chattel paper indicating your interest in the Property. F. take Take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. handle Handle any suits or other proceedings involving the Property in my name. H. preparePrepare, file, file and sign my name to any necessary reports or accountings. I. make an Make any entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. If you exercise the care and follow the procedures that you generally apply to the collection of obligations owed to you, you will be deemed to be using reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law of this Loan Agreement. All cash and non-cash proceeds of the Property may be applied by you only upon your actual receipt of cash proceeds against such of the Secured Debts, matured or this Agreementunmatured, as you determine in your sole discretion. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interestLoan Document, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. . F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. handle any suits or other proceedings involving the Property in my name. H. prepare, file, and sign my name to any necessary reports or accountings. I. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. If you exercise the care and follow the procedures that you generally apply to the collection of obligations owed to you, you will be deemed to be using reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. All cash and non-cash proceeds of the Property may be applied by you only upon your actual receipt of cash proceeds against such of the Secured Debts, matured or unmatured, as you determine in your sole discretion. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.

AUTHORITY TO PERFORM. I authorize you to do anything you deem reasonably necessary to protect the Property, and perfect and continue your security interest in the Property. If I fail to perform any of my duties under this Agreement or any other security interestLoan Document, you are authorized, without notice to me, to perform the duties or cause them to be performed. These authorizations include, but are not limited to, permission to: A. pay and discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Property. B. pay any rents or other charges under any lease affecting the Property. C. order and pay for the repair, maintenance and preservation of the Property. D. sign, when permitted by law, and file any financing statements on my behalf and pay for filing and recording fees pertaining to the Property. E. place a note on any chattel paper indicating your interest in the Property. F. take any action you feel necessary to realize on the Property, including performing any part of a contract or endorsing it in my name. G. handle any suits or other proceedings involving the Property in my name. H. prepare, file, and sign my name to any necessary reports or accountings. I. make an entry on my books and records showing the existence of this Agreement. J. notify any Account Debtor of your interest in the Property and tell the Account Debtor to make payments to you or someone else you name. If you perform for me, you will use reasonable care. Reasonable care will not include: any steps necessary to preserve rights against prior parties; the duty to send notices, perform services or take any other action in connection with the management of the Property; or the duty to protect, preserve or maintain any security interest given to others by me or other parties. Your authorization to perform for me will not create an obligation to perform and your failure to perform will not preclude you from exercising any other rights under the law or this Agreement. If you come into actual or constructive possession of the Property, you will preserve and protect the Property. For purposes of this paragraph, you will be in actual possession of the Property property only when you have physical, immediate and exclusive control over the Property and you have affirmatively accepted that control. You will be in constructive possession of the Property only when you have both the power and the intent to exercise control over the Property.