Common use of Filing of Financing Statement Clause in Contracts

Filing of Financing Statement. At Agent's sole option, and without the consent of the Companies, Agent may file a carbon, photographic, or other reproduction of this Security Agreement or any financing statement executed pursuant hereto as a financing statement in any jurisdiction so permitting. Without the prior written consent of Agent, no Companies shall file or authorize or permit to be filed in any jurisdiction any such financing or like statement in which First Union National Bank or its successor as Agent is not named as the sole secured party as Agent for the Lender, except as permitted under the Credit Agreement.

Appears in 3 contracts

Samples: Security Agreement (Marketing Specialists Corp), Security Agreement (Marketing Specialists Corp), Security Agreement (Merkert American Corp)

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Filing of Financing Statement. At Agent's sole option, and without the consent of the Companies, Agent may file a carbon, photographic, or other reproduction of this Security Agreement or any financing statement executed pursuant hereto as a financing statement in any jurisdiction so permitting. Without the prior written consent of Agent, no Companies shall file or authorize or permit to be filed in any jurisdiction any such financing or like statement in which First Union National Bank or its successor as Agent is not named as the sole secured party as Agent for the Lender, except as permitted under the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Merkert American Corp)

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