Common use of Authorization to File Financing Statements and Take Other Action Clause in Contracts

Authorization to File Financing Statements and Take Other Action. The Debtor hereby irrevocably authorizes the Secured Party at any time and from time to time to sign (if required) and file in any appropriate Filing Office, wherever located, any Financing Statement that (a) describes the Collateral (i) as all assets of the Borrower or words of similar effect, regardless of whether any particular assets comprised in the Collateral falls within the scope of Article 9 of the Uniform Commercial Code of such jurisdiction, or (ii) as being of any equal or lesser scope or with greater detail and (b) contains any other information required by Part 5 of Article 9 of the Uniform Commercial Code of the applicable jurisdiction for the sufficiency or Filing Office acceptance of any Financing Statement, including (i) whether the Debtor is an organization, the type of organization and any organization identification number issued to the Debtor and, (ii) in the case of a Financing Statement filed as a Fixture Filing, a sufficient description of real property to which the Collateral relates. The Debtor also authorizes the Secured Party to file a copy of this Agreement in lieu of a Financing Statement, and to take any and all actions required by any earlier versions of the Uniform Commercial Code or by any other applicable law. The Debtor shall provide the Secured Party with any information the Secured Party shall reasonably request in connection with any of the foregoing.

Appears in 5 contracts

Samples: Security Agreement, Security Agreement (Green Mountain Coffee Inc), Security Agreement (Green Mountain Coffee Inc)

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