Common use of Financing Statement; Further Assurances Clause in Contracts

Financing Statement; Further Assurances. Borrower hereby authorizes Lender to file, and upon Lender’s request, shall execute and deliver to Lender for filing, a financing statement or statements under the UCC in connection with any of the Accounts and the Account Collateral with respect thereto in the form required to properly perfect Lender’s security interest therein. Borrower agrees that at any time and from time to time, at the expense of Borrower, Borrower will promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that Lender may request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Lockbox Bank or Lender to exercise and enforce its rights and remedies hereunder with respect to any Account or Account Collateral.

Appears in 5 contracts

Samples: Loan Agreement (Meristar Hospitality Operating Partnership Lp), Loan Agreement (Meristar Hospitality Corp), Loan Agreement (Meristar Hospitality Operating Partnership Lp)

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Financing Statement; Further Assurances. Borrower hereby authorizes Lender to file, and upon Lender’s request, request shall execute and deliver to Lender for filing, filing a financing statement or statements under the UCC in connection with any of the Accounts and the Account Collateral with respect thereto in the form required to properly perfect Lender’s security interest therein. Borrower agrees that at any time and from time to time, at the expense of Borrower, Borrower will promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that Lender may request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Lockbox Bank or Lender to exercise and enforce its rights and remedies hereunder with respect to any Account or Account Collateral.

Appears in 1 contract

Samples: Loan Agreement (Republic Property Trust)

Financing Statement; Further Assurances. Borrower hereby authorizes Lender to file, and upon Lender’s request, 's request shall execute and deliver to Lender for filing, filing a financing statement or statements under the UCC in connection with any of the Accounts and the Account Collateral with respect thereto in the form required to properly perfect Lender’s 's security interest therein. Borrower agrees that at any time and from time to time, at the expense of Borrower, Borrower will promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that Lender may request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Lockbox Deposit Account Bank or Lender to exercise and enforce its rights and remedies hereunder with respect to any Account or Account Collateral.

Appears in 1 contract

Samples: Loan Agreement (Glimcher Realty Trust)

Financing Statement; Further Assurances. Borrower hereby authorizes Lender to file, and upon LenderXxxxxx’s request, shall execute and deliver to Lender for filing, a financing statement or statements under the UCC in connection with any of the Accounts Deposit Account and the Deposit Account Collateral with respect thereto in the form required to properly perfect Lender’s security interest therein. Borrower agrees that at any time and from time to time, at the expense of BorrowerXxxxxxxx, Borrower will promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that Lender may request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Lockbox Deposit Account Bank or Lender to exercise and enforce its rights and remedies hereunder with respect to any the Deposit Account or Deposit Account Collateral.

Appears in 1 contract

Samples: Master Facility Agreement (reAlpha Tech Corp.)

Financing Statement; Further Assurances. Borrower hereby authorizes Lender to file, and upon LenderXxxxxx’s request, shall execute and deliver to Lender for filing, a financing statement or statements under the UCC in connection with any of the Accounts and the Account Collateral with respect thereto in the form required to properly perfect Lender’s security interest therein. Borrower Xxxxxxxx agrees that at any time and from time to time, at the expense of BorrowerXxxxxxxx, Borrower Xxxxxxxx will promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that Lender may request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Lockbox Clearing Account Bank, ​ Ex 10.274 Cash Management Bank, or Escrow Account Bank or Lender to exercise and enforce its rights and remedies hereunder with respect to any Account or Account Collateral.

Appears in 1 contract

Samples: Loan Agreement (Lodging Fund REIT III, Inc.)

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Financing Statement; Further Assurances. Borrower hereby authorizes Lender to file, and upon Lender’s request, request shall execute and deliver to Lender for filing, filing a financing statement or statements under the UCC in connection with any of the Accounts and the Account Collateral with respect thereto in the form required to properly perfect Lender’s security interest therein. Borrower agrees that at any time and from time to time, at the expense of Borrower, Borrower will promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that Lender may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Lockbox Bank or Lender to exercise and enforce its rights and remedies hereunder with respect to any Account or Account Collateral.

Appears in 1 contract

Samples: Loan Agreement (Cb Richard Ellis Realty Trust)

Financing Statement; Further Assurances. Borrower hereby authorizes Lender to file, and upon Lender’s 's request, shall execute and deliver to Lender for filing, a financing statement or statements under the UCC in connection with any of the Accounts and the Account Collateral with respect thereto in the form required to properly perfect Lender’s 's security interest therein. Borrower agrees that at any time and from time to time, at the expense of Borrower, Borrower will promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that Lender may request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Lockbox Bank or Lender to exercise and enforce its rights and remedies hereunder with respect to any Account or Account Collateral.

Appears in 1 contract

Samples: Loan Agreement (Summit Hotel Properties LLC)

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