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.

Appears in 6 contracts

Samples: Pledge and Security Agreement (Coty Inc.), Pledge and Security Agreement (Coty Inc.), Pledge and Security Agreement (Coty Inc.)

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Authorization to File Financing Statements; Ratification. Each Grantor (or its designee) shall file file, and if requested will deliver to the Term Collateral Agent, 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 Term Collateral Agent in order to perfect and maintain a perfected security interest in and, if applicable, Control of, the Collateral (except as it is not required to the extent required by do so pursuant to Section 3.14.01(c)). Any such financing statement, amendment to any such financing statement and any continuation statement filed by a such Grantor may shall be filed in any each appropriate filing office in any all applicable Uniform Commercial Code jurisdiction jurisdictions and may shall (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, including (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 fixture filing, a sufficient description of real property to which the Collateral relates. Each Grantor also agrees to furnish any such information to the Term Collateral Agent promptly upon request. Each Grantor also ratifies any filing in any Uniform Commercial Code jurisdiction of any initial financing statements or amendments thereto if filed prior to the date hereof.

Appears in 3 contracts

Samples: Security Agreement (American Tire Distributors Holdings, Inc.), Security Agreement (ATD Corp), Security Agreement (ATD Corp)

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