Common use of Filing of Financing Statement Clause in Contracts

Filing of Financing Statement. Borrower hereby authorizes Security Agent to file one or more financing or continuation statements, and amendments thereto, relative to all or any part of the Collateral, including financing statements describing the Collateral as “all assets now owned or hereafter acquired”, without the signature of Borrower where permitted by law, provided, that Security Agent delivers to Borrower and Project Companies a copy of any such statement or amendment.

Filing of Financing Statement. Borrower Member hereby authorizes Security Agent to file one or more financing or continuation statements, and amendments thereto, relative to all or any part of the Collateral, including financing statements describing the Collateral as “all assets now owned or hereafter acquired”, without the signature of Borrower Member where permitted by law, provided, that Security Agent delivers to Member and Borrower and Project Companies a copy of any such statement or amendment.