Creation of Lien. This Agreement is effective to create a valid and continuing Lien upon the Collateral. Upon the written request of the Secured Party, the Debtor shall take all action necessary to protect and perfect such Lien on each item of the Collateral.
Appears in 4 contracts
Samples: Blanket Security Agreement (Genesys Industries, Inc.), Blanket Security Agreement (Genesys Industries, Inc.), Security Agreement (Digital Lightwave Inc)