Filing and Recording. The Borrowers shall, at their sole cost and expense, cause all instruments and documents given as evidence of security pursuant to this Agreement to be duly recorded, registered and/or filed or otherwise perfected in all places necessary, in the opinion of the Agent, and take such other actions as the Agent may reasonably request, in order to perfect and protect the Liens of the Agent and Lenders in the Collateral. The Borrowers, to the extent permitted by law, hereby authorize the Agent to file any financing statement in respect of any Lien created pursuant to the Security Documents which may at any time be required or which, in the opinion of the Agent, may at any time be desirable although the same may have been executed only by the Agent or, at the option of the Agent, to sign such financing statement on behalf of the Borrowers and file the same, and the Borrowers hereby irrevocably designate the Agent, its agents, representatives and designees as its agent and attorney-in-fact for this purpose. In the event that any re-recording or refiling thereof (or the filing of any statements of continuation or assignment of any financing statement) is required to protect and preserve such Lien, the Borrowers shall, at the Borrowers' cost and expense, cause the same to be recorded and/or refiled at the time and in the manner requested by the Agent.
Appears in 2 contracts
Samples: Credit Agreement (SLM International Inc /De), Credit Agreement (SLM International Inc /De)
Filing and Recording. The Borrowers shall, at their sole cost and expense, cause all instruments and documents given as evidence of security pursuant to this Agreement to be duly recorded, registered recorded and/or filed or otherwise perfected in all places necessary, in the opinion of the Agent, and take such other actions as the Agent may reasonably request, in order to perfect and protect the Liens of the Agent and Lenders the Secured Parties in the Collateral. The BorrowersEach Borrower and each Guarantor, to the extent permitted by law, hereby authorize authorizes the Agent to file any financing statement in respect of any Lien created pursuant to the Security Documents which may at any time be required or which, in the opinion of the Agent, may at any time be desirable although the same may have been executed only by the Agent or, at the option of the Agent, to sign such financing statement on behalf of such Borrower or such Guarantor, as the Borrowers case may be, and file the same, and the Borrowers each Borrower and each Guarantor hereby irrevocably designate designates the Agent, its agents, representatives and designees as its agent and attorney-in-fact for this purpose. In the event that any re-recording or refiling thereof (or the filing of any statements of continuation or assignment of any financing statement) is required to protect and preserve such Lien, the Borrowers each Borrower shall, at the Borrowers' cost and expense, cause the same to be recorded and/or refiled at the time and in the manner requested by the Agent.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Jitney Jungle Stores of America Inc /Mi/), Revolving Credit Agreement (Supermarket Cigarette Sales Inc)
Filing and Recording. The Borrowers Borrower shall, at their its sole cost and expense, cause all instruments and documents given as evidence of security pursuant to this Agreement to be duly recorded, registered recorded and/or filed or otherwise perfected in all places necessary, in the opinion of the Agent, and take such other actions as the Agent may reasonably request, in order to perfect and protect the Liens of the Agent and Lenders in the Collateral. The BorrowersBorrower, to the extent permitted by law, hereby authorize authorizes the Agent to file any financing statement in respect of any Lien created pursuant to the Security Documents which may at any time be required or which, in the opinion of the Agent, may at any time be desirable although the same may have been executed only by the Agent or, at the option of the Agent, to sign such financing statement on behalf of the Borrowers Borrower and file the same, and the Borrowers Borrower hereby irrevocably designate designates the Agent, its agents, representatives and designees as its agent and attorney-in-fact for this purpose. In the event that any re-recording or refiling thereof (or the filing of any statements of continuation or assignment of any financing statement) is required to protect and preserve such Lien, the Borrowers Borrower shall, at the Borrowers' Borrower's cost and expense, cause the same to be recorded and/or refiled at the time and in the manner requested by the Agent.
Appears in 2 contracts
Samples: Credit Agreement (Kasper a S L LTD), Credit Agreement (Management Network Group Inc)
Filing and Recording. The Borrowers Borrower shall, at their its sole cost and expense, cause all instruments and documents given as evidence of security pursuant to this Agreement to be duly recorded, registered and/or filed or otherwise perfected in all places necessary, in the opinion of the Agent, and take such other actions as the Agent may reasonably request, in order to perfect and protect the Liens of the Agent and Lenders in the Collateral. The BorrowersBorrower, to the extent permitted by law, hereby authorize the Agent to file any financing statement in respect of any Lien created pursuant to the Security Documents which may at any time be required or which, in the opinion of the Agent, may at any time be desirable although the same may have been executed only by the Agent or, at the option of the Agent, to sign such financing statement on behalf of the Borrowers Borrower and file the same, and the Borrowers Borrower hereby irrevocably designate the Agent, its agents, representatives and designees as its agent and attorney-in-fact for this purpose. In the event that any re-recording or refiling thereof (or the filing of any statements of continuation or assignment of any financing statement) is required to protect and preserve such Lien, the Borrowers Borrower shall, at the BorrowersBorrower' cost and expense, cause the same to be recorded and/or refiled at the time and in the manner requested by the Agent.
Appears in 1 contract
Filing and Recording. The Borrowers shall, at their sole cost and expense, cause all instruments and documents given as evidence of security pursuant to this Agreement Agree ment to be duly recorded, registered recorded and/or filed or otherwise perfected in all places necessary, in the opinion of the AgentLender, and take such other actions as the Agent Lender may reasonably request, in order to perfect and protect the Liens of the Agent and Lenders Lender in the Collateral. The Borrowers, to the extent permitted by law, hereby authorize the Agent Lender to file any financing statement in respect of any Lien created pursuant to the Security Documents which may at any time be required or which, in the opinion of the AgentLender, may at any time be desirable although the same may have been executed only by the Agent Lender or, at the option of the AgentLender, to sign such financing statement on behalf of the Borrowers and file the same, and the Borrowers hereby irrevocably designate the AgentLender, its agents, representatives and designees as its agent and attorney-in-fact fact, coupled with an interest, for this purpose. In the event that any re-recording or refiling thereof (or the filing of any statements of continuation or assignment of any financing statement) is Doc #1273038 required to protect and preserve such Lien, the Borrowers shall, at the Borrowers' cost and expense, cause the same to be recorded and/or refiled at the time and in the manner requested by the AgentLender.
Appears in 1 contract
Filing and Recording. The Borrowers Borrower shall, at their its sole cost and expense, cause all instruments and documents given as evidence of security pursuant to this Agreement to be duly recorded, registered recorded and/or filed or otherwise perfected in all places necessary, in the opinion of the Agent, and take such other actions as the Agent may reasonably request, in order to perfect and protect the Liens of the Agent and Lenders in the Collateral. The BorrowersBorrower, to the extent permitted by law, hereby authorize authorizes the Agent to file any financing statement in respect of any Lien created pursuant to the Security Documents which may at any time be required or which, in the opinion of the Agent, may at any time be desirable although the same may have been executed only by the Agent or, at the option of the Agent, to sign such financing statement on behalf of the Borrowers Borrower and file the same, and the Borrowers Borrower hereby irrevocably designate designates the Agent, its agents, representatives and designees as its agent and attorney-in-fact for this purpose. In the event that any re-recording or refiling thereof (or the filing of any statements of continuation or assignment of any financing statement) is required to protect and preserve such Lien, the Borrowers Borrower shall, at the Borrowers' Borrower's cost and expense, cause the same to be recorded and/or refiled at the time 40 47 and in the manner requested by the Agent.
Appears in 1 contract
Samples: Credit Agreement (Airxcel Inc)
Filing and Recording. The Borrowers Borrower -------------------- shall, at their its sole cost and expense, cause all instruments financing statements and documents given as evidence of security other Security Documents pursuant to this Agreement to be duly recorded, registered recorded and/or filed or otherwise perfected in all places necessary, in the opinion of the Administrative Agent, and take such other actions as the Administrative Agent may reasonably request, in order to perfect and protect the Liens of the Agent and Lenders Administrative Agent, for the ratable benefit of the Lenders, in the Collateral. The BorrowersBorrower, to the extent permitted by law, hereby authorize authorizes the Administrative Agent to file any financing statement in respect of any Lien created pursuant to the Security Documents which may at any time be required or which, in the opinion of the Administrative Agent, may at any time be desirable desirable, although the same may have been executed only by the Administrative Agent or, at the option of the Administrative Agent, to sign such financing statement on behalf of the Borrowers Borrower and the Guarantors and file the same, and the Borrowers Borrower hereby irrevocably designate designates the Administrative Agent, its agents, representatives and designees as its agent and attorney-in-fact for this purpose. In the event that any re-recording or refiling thereof (or the filing of any statements of continuation or assignment of any financing statement) is required to protect and preserve such Lien, the Borrowers Borrower shall, at the Borrowers' Borrower's cost and expense, cause the same to be recorded and/or refiled at the time and in the manner requested by the Administrative Agent.
Appears in 1 contract