Common use of Authorized Action Clause in Contracts

Authorized Action. The Assignee is hereby authorized to take any action (including without limitation, the filing of one or more financing statements or amendments or discharges thereof at the registry for the registration of security interest established under any PPSA and the registration or de-registration of the Subject Aircraft with any Aviation Authority) which the Assignee may deem necessary or advisable to preserve and perfect the Security Interest constituted by this Assignment in any relevant jurisdiction. The Assignor shall co-operate with the Assignee by executing and delivering all such instruments and documents as the Assignee shall reasonably request from time to time in order to record the Security Interest constituted by this Assignment at such public offices and registries as required by law or as the Assignor shall deem appropriate and in any relevant jurisdiction over, through or in which the Subject Aircraft shall be operated, at the sole cost and expense of the Assignor.