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

Authorization to File Financing Statements; Ratification. The Grantor hereby authorizes the Subordinated Collateral Agent to file, and if requested will deliver to the Subordinated Collateral Agent, all financing statements and other documents and take such other actions as may from time to time be requested by the Subordinated Collateral Agent in order to maintain a first perfected security interest in and, if applicable, Control of, the Collateral. Any financing statement filed by the Subordinated Collateral Agent may be filed in any filing office in any UCC jurisdiction and may (i) indicate the Collateral by any description which reasonably approximates the description contained in this Security Agreement, 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 whether the Grantor is an organization, the type of organization and any organization identification number issued to the Grantor. The Grantor also agrees to furnish any such information to the Subordinated Collateral Agent promptly upon request. The Grantor also ratifies its authorization for the Subordinated Collateral Agent to have filed in any UCC jurisdiction any initial financing statements or amendments thereto if filed prior to the date hereof.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Bluestem Brands, Inc.), Pledge and Security Agreement (Bluestem Brands, Inc.)

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Authorization to File Financing Statements; Ratification. The Such Grantor hereby authorizes the Subordinated Collateral Administrative Agent to file, and if requested will deliver to the Subordinated Collateral Administrative Agent, all financing statements and other documents and take such other actions as may from time to time be requested by the Subordinated Collateral Administrative Agent in order to maintain a first perfected security interest in and, if applicable, Control of, the CollateralCollateral owned by such Grantor. Any financing statement filed by the Subordinated Collateral Administrative Agent may be filed in any filing office in any UCC jurisdiction and may (i) indicate the such Grantor’s Collateral by any description which reasonably approximates the description contained in this Security Agreement, 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 whether the such Grantor is an organization, the type of organization and any organization identification number issued to the such Grantor. The Such Grantor also agrees to furnish any such information described in the foregoing sentence to the Subordinated Collateral Administrative Agent promptly upon request. The Such Grantor also ratifies its authorization for the Subordinated Collateral Administrative Agent to have filed in any UCC jurisdiction any initial financing statements or amendments thereto if filed prior to the date hereof.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Vera Bradley, Inc.), Pledge and Security Agreement (Dril-Quip Inc)

Authorization to File Financing Statements; Ratification. The Such Grantor hereby authorizes the Subordinated Collateral Administrative Agent to file, and if requested will deliver to the Subordinated Collateral Administrative Agent, all financing statements and other documents and take such other actions as may from time to time be requested by the Subordinated Collateral Administrative Agent in order to maintain a first perfected security interest in and, if applicable, Control of, the CollateralCollateral owned by such Grantor (subject to the existence of Liens permitted under Section 6.02 of the Credit Agreement). Any financing statement filed by the Subordinated Collateral Administrative Agent may be filed in any filing office in any UCC jurisdiction and may (i) indicate such Grantor’s Collateral (A) as all assets of the Grantor or words of similar effect, regardless of whether any particular asset comprised in the Collateral falls within the scope of Article 9 of the UCC of such jurisdiction, or (B) by any other description which reasonably approximates the description contained in this Security Agreement, 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 whether the such Grantor is an organization, the type of organization and any organization identification number issued to the such Grantor. The Such Grantor also agrees to furnish any such information described in the foregoing sentence to the Subordinated Collateral Administrative Agent promptly upon request. The Such Grantor also ratifies its authorization for the Subordinated Collateral Administrative Agent to have filed in any UCC jurisdiction any initial financing statements or amendments thereto if filed prior to the date hereof.

Appears in 1 contract

Samples: Pledge and Security Agreement (Myriad Genetics Inc)

Authorization to File Financing Statements; Ratification. The Each Grantor hereby authorizes the Subordinated Collateral either Agent to file, and if requested will deliver to the Subordinated Collateral requesting Agent, all financing statements and other documents and take such other actions as may from time to time be reasonably requested by the Subordinated Collateral such Agent in order to maintain a first priority perfected security interest in and, if applicable, Control (to the extent required by the terms hereof) of, the Collateral. Any financing statement filed by the Subordinated Collateral any Agent may be filed in any filing office in any UCC appropriate Uniform Commercial Code jurisdiction and may (i) indicate the Collateral by any description which reasonably approximates the description contained in this Security Agreement, 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 whether the Grantor is an organization, the type of organization and any organization organizational identification number issued to the Grantor. The Each Grantor also agrees to furnish any such information to the Subordinated Collateral either Agent promptly upon reasonable request. The Each Grantor also ratifies its authorization for the Subordinated Collateral each Agent to have filed in any UCC Uniform Commercial Code jurisdiction any initial financing statements or amendments thereto if filed prior to the date hereof, upon reasonable approval of such financing statements by the Administrative Borrower.

Appears in 1 contract

Samples: Security Agreement (Navistar International Corp)

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Authorization to File Financing Statements; Ratification. The Such Grantor hereby authorizes the Subordinated Collateral Administrative Agent to file, and if requested will deliver to the Subordinated Collateral Administrative Agent, all financing statements and other documents and take such other actions as may from time to time be reasonably requested by the Subordinated Collateral Administrative Agent in order to maintain a first perfected security interest in and, if applicableapplicable in order to maintain such a security interest, Control of, the CollateralCollateral owned by such Grantor. Any financing statement filed by the Subordinated Collateral Administrative Agent may be filed in any filing office in any UCC jurisdiction and may (i) indicate the such Grantor’s Collateral by any description which reasonably approximates the description contained in this Security Agreement, 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 whether the such Grantor is an organization, the type of organization and any organization identification number issued to the such Grantor. The Such Grantor also agrees to furnish any such information described in the foregoing sentence to the Subordinated Collateral Administrative Agent promptly upon request. The Such Grantor also ratifies its authorization for the Subordinated Collateral Administrative Agent to have filed in any UCC jurisdiction any initial financing statements or amendments thereto if filed prior to the date hereof.

Appears in 1 contract

Samples: Pledge and Security Agreement (Aleris Corp)

Authorization to File Financing Statements; Ratification. The Grantor Grantors hereby authorizes authorize the Subordinated Collateral Administrative Agent to file, and if requested will deliver to the Subordinated Collateral Administrative Agent, all financing statements and other documents and take such other actions as may from time to time be reasonably requested by the Subordinated Collateral Administrative Agent in order to maintain a first perfected security interest in and, if applicable, Control of, the Collateral. Any financing statement filed by the Subordinated Collateral Administrative Agent may be filed in any filing office in any applicable UCC jurisdiction and may (i) indicate the Collateral by any description which reasonably approximates the description contained in this Security Agreement, 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 whether the any Grantor is an organization, the type of organization and any organization identification number issued to the any Grantor. The Grantor Grantors also agrees agree to furnish any such information referenced in clause (ii) of the immediately preceding sentence to the Subordinated Collateral Administrative Agent promptly upon request. The Grantor Grantors also ratifies its ratify their authorization for the Subordinated Collateral Administrative Agent to have filed in any UCC jurisdiction any initial financing statements or amendments thereto if filed prior to the date hereof.

Appears in 1 contract

Samples: Pledge and Security Agreement (Maytag Corp)

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