Common use of Financing Statements, Direct Payments Clause in Contracts

Financing Statements, Direct Payments. Each Credit Party hereby authorizes the Administrative Agent to file UCC-1 financing statements and any amendments thereto or continuations thereof, any Copyright Security Agreement, any Copyright Security Agreement Supplement, any Trademark Security Agreement and any other appropriate security documents or instruments and to give any notices reasonably necessary or desirable as determined by the Administrative Agent to perfect the Lien of the Administrative Agent for the benefit of the Secured Parties in the Collateral, in all cases without the signature of any Credit Party or to execute such items as attorney‑in‑fact for any Credit Party; provided, that the Administrative Agent shall provide copies of any such documents or instruments to the Borrower. Each Credit Party authorizes the Administrative Agent to use the description “all assets” or a similar description in any such UCC-1 financing statement. Each Credit Party further authorizes the Administrative Agent, at the time that any Event of Default shall have occurred and be continuing, to notify any account debtor that all sums payable to such Credit Party relating to the Collateral shall be paid directly to the Administrative Agent.

Financing Statements, Direct Payments. Each Credit Party hereby authorizes the Administrative Agent to file UCC-1 UCC financing statements and any amendments thereto or continuations thereof, any Copyright Security Agreement, any Copyright Security Agreement Supplement, any Trademark Security Agreement and any other appropriate security documents or instruments and to give any notices reasonably necessary or desirable as determined by the Administrative Agent to perfect the Lien of the Administrative Agent for the benefit of itself, the Secured Parties Issuing Bank and the Lenders in the 100 Collateral, in all cases without the signature of any Credit Party or to execute such items as attorney‑in‑fact attorney-in-fact for any Credit Party; provided, that the Administrative Agent shall provide copies of any such documents or instruments to the Borrower. Each Credit Party authorizes the Administrative Agent to use the collateral description “all assets” or a similar description in any such UCC-1 UCC financing statementstatements. Each Credit Party further authorizes the Administrative AgentAgent to notify, at the time that any Event of Default shall have occurred and be continuing, to notify any account debtor debtors that all sums payable to such Credit Party relating to the Collateral shall be paid directly to the Administrative Agent.

Financing Statements, Direct Payments. Each Credit Party hereby authorizes the Administrative Agent to file UCC-1 financing statements (or foreign equivalent) and any amendments thereto or continuations thereof, any Copyright Security Agreement, any Copyright Security Agreement Supplement, any Trademark Security Agreement and any other appropriate security documents or instruments and to give any notices reasonably necessary or desirable as determined by the Administrative Agent to perfect the Lien of the Administrative Agent (for the benefit of the Secured Parties Parties) in the Credit Party Collateral, in all cases without the signature of any such Credit Party Party, or to execute such items as attorney‑in‑fact attorney-in-fact for any such Credit Party; provided, that the Administrative Agent shall provide to the Borrower copies of any such documents or instruments to executed by the BorrowerAdministrative Agent. Each Credit Party authorizes the Administrative Agent to use the description “all assets” or a similar description in any such UCC-1 financing statement. Each Credit Party further authorizes the Administrative Agent, at the time that any Event of Default shall have occurred and be continuing, to notify any account debtor debtors that all sums payable to such Credit Party relating to the Credit Party Collateral shall be paid directly to the Administrative Agent.. SECTION 10.10

Financing Statements, Direct Payments. Each Credit Party hereby authorizes the Administrative Agent to file UCC-1 financing statements (or foreign equivalent) and any amendments thereto or continuations thereof, any Copyright Security Agreement, any Copyright Security Agreement Supplement, any Trademark Security Agreement and any other appropriate security documents or instruments and to give any notices reasonably necessary or desirable as determined by the Administrative Agent to perfect the Lien of the Administrative Agent (for the benefit of the Secured Parties Parties) in the Credit Party Collateral, in all cases without the signature of any such Credit Party Party, or to execute such items as attorney‑in‑fact attorney-in-fact for any such Credit Party; provided, that the Administrative Agent shall provide to the Borrower copies of any such documents or instruments to executed by the BorrowerAdministrative Agent. Each Credit Party authorizes the Administrative Agent to use the description “all assets” or a similar description in any such UCC-1 financing statement. Each Credit Party further authorizes the Administrative Agent, at the time that any Event of Default shall have occurred and be continuing, to notify any account debtor debtors that all sums payable to such Credit Party relating to the Credit Party Collateral shall be paid directly to the Administrative Agent.

Financing Statements, Direct Payments. Each Credit Party hereby authorizes the Administrative Agent to file UCC-1 UCC financing statements and any amendments thereto or continuations thereof, any Copyright Security Agreement, any Copyright Security Agreement Supplement, any Trademark Security Agreement and any other appropriate security documents or instruments and to give any notices reasonably necessary or desirable as determined by the Administrative Agent to perfect the Lien of the Administrative Agent for the benefit of itself and the Secured Parties Lenders in the Collateral, in all cases without the signature of any Credit Party or to execute such items as attorney‑in‑fact attorney-in-fact for any Credit Party; provided, that the Administrative Agent shall provide copies of any such documents or instruments to the Borrower. Each Credit Party authorizes the Administrative Agent to use the collateral description “all assets” or a similar description in any such UCC-1 UCC financing statementstatements. Each Credit Party further authorizes the Administrative AgentAgent to notify, at the time from and after the First Priority Obligations Payment Date that any Event of Default shall have occurred and be continuing, to notify any account debtor debtors that all sums payable to such Credit Party relating to the Collateral shall be paid directly to the Administrative Agent.

Financing Statements, Direct Payments. Each Credit Party hereby authorizes the Administrative Agent to file UCC-1 UCC financing statements and any amendments thereto or continuations thereof, any the Copyright Security Agreement, any Copyright Security Agreement Supplement, any Trademark Security Agreement and any other appropriate security documents or instruments and to give any notices reasonably necessary or desirable as determined by the Administrative Agent to perfect the Lien of the Administrative Agent for the benefit of itself and the Secured Parties Lenders in the Collateral, in all cases without the signature of any Credit Party or to execute such items as attorney‑in‑fact attorney-in-fact for any Credit Party; provided, that the Administrative Agent shall provide copies of any such documents or instruments to the Borrower. Each Credit Party authorizes the Administrative Agent to use the collateral description “all assets” or a similar description in any such UCC-1 UCC financing statementstatements. Each Credit Party further authorizes the Administrative AgentAgent to notify, at the time from and after the First Priority Obligations Payment Date that any Event of Default shall have occurred and be continuing, to notify any account debtor debtors that all sums payable to such Credit Party relating to the Collateral shall be paid directly to the Administrative Agent.

Financing Statements, Direct Payments. Each Credit Party hereby authorizes the Administrative Agent to file UCC-1 UCC financing statements and any amendments thereto or continuations thereof, any Copyright Security Agreement, any Copyright Security Agreement Supplement, any Trademark Security Agreement Agreement, the Orders, and any other appropriate security documents or instruments and to give any notices reasonably necessary or desirable as determined by the Administrative Agent to perfect the Lien of the Administrative Agent for the benefit of itself, the Secured Parties Issuing Bank and the Lenders in the Collateral, in all cases without the signature of any Credit Party or to execute such items as attorney‑in‑fact attorney-in-fact for any Credit Party; provided, that the Administrative Agent shall provide copies of any such documents or instruments to the Borrower. Each Credit Party authorizes the Administrative Agent to use the collateral description “all assets” or a similar description in any such UCC-1 UCC financing statementstatements. Each Subject to the Orders, each Credit Party further authorizes the Administrative AgentAgent to notify, at the time that any Event of Default shall have occurred and be continuing, to notify any account debtor debtors that all sums payable to such Credit Party relating to the Collateral shall be paid directly to the Administrative Agent.