Common use of Authorization to File Financing Statements; Ratification Clause in Contracts

Authorization to File Financing Statements; Ratification. Each Grantor (or its designee) shall file all financing statements, amendments to financing statements, continuation statements and other documents and take such other actions as may from time to time be necessary or reasonably requested by the Collateral Agent in order to perfect and maintain a perfected security interest in the Collateral to the extent required by Section 3.1. Any such financing statement, amendment to any such financing statement and any continuation statement filed by a Grantor may be filed in any filing office in any applicable Uniform Commercial Code jurisdiction and may (i) describe the Collateral in the same manner as described herein or may contain an indication or description of collateral that describes such property in any other manner such as “all assets” or “all personal property, whether now owned or hereafter acquired” of such Grantor or words of similar effect as being of an equal or lesser scope or with greater detail, and (ii) contain any other information required by part 5 of Article 9 of the UCC for the sufficiency or filing office acceptance of any financing statement or amendment, including, if applicable, (A) whether such Grantor is an organization, the type of organization and any organization identification number issued to such Grantor and (B) in the case of a financing statement filed as a Fixture filing, a sufficient description of real property to which the Collateral relates.