Common use of Creating and Preserving the Security Interest Clause in Contracts

Creating and Preserving the Security Interest. The Debtor shall, from time to time at the request of the Secured Party, make and do all such acts and things and execute and deliver all such instruments, agreements, financing statements and documents as the Secured Party reasonably requests by notice in writing given to the Debtor in order to create, preserve, perfect, validate or otherwise protect the Security Interest, to enable the Secured Party to exercise and enforce its rights and remedies hereunder and generally to carry out the provisions and purposes of this Agreement and, for greater certainty, the Debtor shall, from time to time at the request of the Secured Party, execute a power of attorney in such form as may be reasonably satisfactory to the Secured Party and as contemplated in Section 12.4.

Appears in 2 contracts

Samples: General Security Agreement (Mitel Networks Corp), Loan Agreement (Mitel Networks Corp)

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Creating and Preserving the Security Interest. The Debtor shall, from time to time at the request of the Secured Party, make and do all such acts and things and execute and deliver all such instruments, agreements, financing statements and documents as the Secured Party reasonably requests by notice in writing given to the Debtor in order to create, preserve, perfect, validate or otherwise protect the Security Interest, to enable the Secured Party to exercise and enforce its rights and remedies hereunder and generally to carry out the provisions and purposes of this Agreement and, to this end, for greater certainty, the Debtor shall, from time to time at the request of the Secured Party, execute a power of attorney in such form as may be reasonably satisfactory to the Secured Party and as contemplated Debtor, such power of attorney to be in Section 12.4addition to the power of attorney granted hereby.

Appears in 2 contracts

Samples: Security Agreement (Nanogen Inc), Security Agreement (Nanogen Inc)

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