Common use of Financing Statements; Notices Clause in Contracts

Financing Statements; Notices. Each Borrower hereby irrevocably authorizes Bank at any time and from time to time to file in any filing office in any jurisdiction any initial financing statements and amendments thereto that (a) indicate the Collateral (i) as all assets of Borrowers (or any one or more of them), whether now owned or hereafter acquired or arising, and all proceeds and products thereof or (ii) as being of an equal or lesser scope or with greater detail and (b) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code or such other jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether any Borrower is an organization, the type of organization and any organizational identification number issued to each Borrower. Each Borrower hereby irrevocably authorizes Bank at any time and from time to time to correct or complete, or to cause to be corrected or completed, any financing statements, continuation statements or other such documents as have been filed naming such Borrower as debtor and Bank as secured party. Each Borrower agrees to furnish any such information to Bank promptly upon request. At Bank’s request, each Borrower will execute notices appropriate under any applicable requirements of law that are necessary, or are reasonably requested by Bank, to evidence, perfect, or protect its security interest in and other Liens on the Collateral in such form(s) as are satisfactory to Bank. Borrowers will pay the reasonable cost of filing all financing statements and other notices in all public offices where filing is deemed by Bank to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Bank hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. Bank is hereby authorized to give notice to any creditor, landlord or any other Person as may be necessary or desirable under applicable laws to evidence, protect, perfect, or enforce the security interest and Lien granted to Bank in the Collateral.

Appears in 2 contracts

Samples: Security Agreement (EQM Technologies & Energy, Inc.), Security Agreement (EQM Technologies & Energy, Inc.)

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Financing Statements; Notices. Each Borrower hereby irrevocably authorizes Bank Agent at any time and from time to time to file in any filing office in any jurisdiction required under applicable law any initial financing statements and amendments thereto that that: (ai) indicate the Collateral (ia) as all assets of Borrowers (or any one or more of them)Borrowers, whether now owned or hereafter acquired or arising, and all proceeds and products thereof or and (iib) as being of an equal or lesser scope or with greater detail detail, and (bii) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code or such other jurisdiction required under applicable law for the sufficiency or filing office acceptance of any financing statement or amendment, including whether any such Borrower is an organization, the type of organization and any organizational identification number issued to each such Borrower. Each Borrower hereby irrevocably authorizes Bank Agent at any time and from time to time to correct or complete, or to cause to be corrected or completed, any financing statements, continuation statements or other such documents as have been filed naming such Borrower as debtor and Bank Agent as secured party. Each Borrower agrees to furnish any such information to Bank Agent promptly upon request. At BankAgent’s request, each Borrower will execute notices appropriate under any applicable requirements of law that are necessaryAgent, or are reasonably requested by Bankin its discretion exercised in good faith, deems desirable to evidence, perfect, or protect its security interest in and other Liens on the Collateral in such form(s) as are satisfactory to BankAgent, in its discretion exercised in good faith. Borrowers Each Borrower will pay the reasonable cost of filing all financing statements and other notices in all public offices where filing is deemed by Bank Agent, in its discretion exercised in good faith, to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Bank Agent hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. Bank Agent is hereby authorized to give notice to any creditor, landlord or any other Person as may be necessary or desirable under applicable laws to evidence, protect, perfect, or enforce the security interest and Lien granted to Bank Agent in the Collateral.

Appears in 2 contracts

Samples: Security Agreement (Industrial Services of America Inc /Fl), Security Agreement (Industrial Services of America Inc /Fl)

Financing Statements; Notices. Each Borrower Issuer shall, and hereby irrevocably authorizes Bank Collateral Agent to, at any time and from time to time to file in any filing office in any jurisdiction as is necessary, or as Collateral Agent determines to be necessary, to perfect or protect a security interest under applicable law any initial financing statements and amendments thereto that (a) indicate describe the Collateral (i) as all assets of Borrowers (or any one or more of them)Issuer, whether now owned or hereafter acquired or arising, and all proceeds and products thereof (or (ii) as being a description of an equal or lesser scope or with greater detail detail), and (b) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code UCC or such other jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether any Borrower Issuer is an organization, the type of organization and any organizational identification number issued to each BorrowerIssuer. Each Borrower Issuer shall, and hereby irrevocably authorizes Bank Collateral Agent to, at any time and from time to time to correct or complete, or to cause to be corrected or completed, any financing statements, continuation statements or other such documents as have been filed naming such Borrower Issuer as debtor and Bank Collateral Agent as secured party, for the benefit of itself, the Holders and the Trustee. Each Borrower Issuer agrees to furnish any such information to Bank Collateral Agent promptly upon request. At Bank’s request, each Borrower Issuer will execute notices appropriate under any applicable requirements of law that are necessary, or are reasonably requested by BankCollateral Agent, to evidence, perfect, or protect its security interest in and other Liens on the Collateral in such form(s) as are satisfactory to BankCollateral Agent. Borrowers Issuer will pay the reasonable cost of filing all financing statements and other notices in all public offices where filing is deemed by Bank Collateral Agent to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Bank Collateral Agent hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient may be filed as a financing statement. Bank Collateral Agent is hereby authorized to give notice to any creditor, landlord or any other Person as may be necessary or desirable under applicable laws to evidence, protect, perfect, or enforce the security interest and Lien granted to Bank Collateral Agent in the Collateral.

Appears in 2 contracts

Samples: Security Agreement (Claymont Steel Holdings, Inc.), Security Agreement (CitiSteel PA, Inc.)

Financing Statements; Notices. Each Borrower hereby (a) irrevocably authorizes Bank at any time and from time to time to file in any filing office in any jurisdiction any initial financing statements and amendments thereto that (a) indicate the Collateral (i) as all assets of Borrowers (or any one or more of them)Borrower, whether now owned or hereafter acquired or arising, and all proceeds and products thereof thereof, or (ii) as being of an equal or lesser scope or with greater detail detail, and (b) agrees to provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code UCC or such other jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether any Borrower is an organization, the type of organization and any organizational identification number issued to each Borrower. Each Borrower agrees to furnish any such information to Bank promptly upon request. Borrower hereby irrevocably authorizes Bank at any time and from time to time to correct or complete, or to cause to be corrected or completed, any financing statements, continuation statements or other such documents as have been filed naming such Borrower as debtor and Bank as secured party. Each Borrower agrees to furnish any such information to Bank promptly upon request. At Bank’s request, each Borrower will execute notices appropriate under any applicable requirements of law that are necessary, or are Bank reasonably requested by Bank, deems desirable to evidence, perfect, or protect its security interest in and other Liens on the Collateral in such form(s) as are reasonably satisfactory to Bank. Borrowers Borrower will pay the reasonable cost of filing all financing statements and other notices in all public offices where filing is reasonably deemed by Bank to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Bank hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. Bank is hereby authorized to give notice to any creditor, landlord or any other Person as may be necessary or desirable under applicable laws to evidence, protect, perfect, or enforce the security interest and Lien granted to Bank in the Collateral.

Appears in 1 contract

Samples: Security Agreement (OVERSTOCK.COM, Inc)

Financing Statements; Notices. Each Borrower Debtor hereby (a) irrevocably authorizes Bank at any time and from time to time to file in any filing office in any jurisdiction any initial financing statements and amendments thereto that (a) indicate the Collateral (i) as all assets of Borrowers (or any one or more of them)Debtor, whether now owned or hereafter acquired or arising, and all proceeds and products thereof thereof, or (ii) as being of an equal or lesser scope or with greater detail detail, and (b) agrees to provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code UCC or such other jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether any Borrower Debtor is an organization, the type of organization and any organizational identification number issued to each BorrowerDebtor. Each Borrower Debtor agrees to furnish any such information to Bank promptly upon request. Debtor hereby irrevocably authorizes Bank at any time and from time to time to correct or complete, or to cause to be corrected or completed, any financing statements, continuation statements or other such documents as have been filed naming such Borrower Debtor as debtor and Bank as secured party. Each Borrower agrees to furnish any such information to Bank promptly upon request. At Bank’s request, each Borrower Debtor will execute notices appropriate under any applicable requirements of law that are necessary, or are Bank reasonably requested by Bank, deems desirable to evidence, perfect, or protect its security interest in and other Liens on the Collateral in such form(s) as are reasonably satisfactory to Bank. Borrowers Debtor will pay the reasonable cost of filing all financing statements and other notices in all public offices where filing is reasonably deemed by Bank to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Bank hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. Bank is hereby authorized to give notice to any creditor, landlord or any other Person as may be necessary or desirable under applicable laws to evidence, protect, perfect, or enforce the security interest and Lien granted to Bank in the Collateral.

Appears in 1 contract

Samples: Financing Agreement and Waiver (OVERSTOCK.COM, Inc)

Financing Statements; Notices. Each Borrower Grantor hereby irrevocably authorizes Bank Lender at any time and from time to time to file in any filing office in any jurisdiction any initial financing statements and amendments thereto that (a) indicate the Collateral (i) as all assets of Borrowers (or any one or more of them)such Grantor, whether now owned or hereafter acquired or arising, and all proceeds and products thereof or thereof, (ii) as being of an equal or lesser scope or with greater detail detail, and (b) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code or such other as enacted in any jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether any Borrower such Grantor is an organization, the type of organization and any organizational identification number issued to each Borrowersuch Grantor. Each Borrower Grantor hereby irrevocably authorizes Bank Lender at any time and from time to time to correct or complete, or to cause to be corrected or completed, any financing statements, continuation statements or other such documents as have been filed naming such Borrower Grantor as debtor and Bank Lender as secured party. Each Borrower Grantor agrees to furnish any such information to Bank Lender promptly upon request. At Bank’s requestLender's request and in accordance with the terms of the Intercreditor Agreement, each Borrower Grantor will execute notices appropriate under any applicable requirements of law that are necessary, or are reasonably requested by Bank, Lender deems desirable to evidence, perfect, or protect its security interest in and other Liens on the Collateral in such form(s) as are satisfactory to BankLender. Borrowers will Each Grantor, jointly and severally, agrees to pay the reasonable cost of filing all financing statements and other notices in all public offices where filing is deemed by Bank Lender to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Bank Lender hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. Bank Lender is hereby authorized to give notice to any creditor, landlord or any other Person as may be maybe necessary or desirable under applicable laws to evidence, protect, perfect, or enforce the security interest and Lien granted to Bank Lender in the Collateral.

Appears in 1 contract

Samples: Security Agreement (Westaff Inc)

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Financing Statements; Notices. Each Borrower Guarantor hereby irrevocably authorizes Bank Agent at any time and from time to time to file in any filing office in any jurisdiction required under applicable law any initial financing statements and amendments thereto that that: (ai) indicate the Collateral (ia) as all assets of Borrowers (or any one or more of them)Guarantors, whether now owned or hereafter acquired or arising, and all proceeds and products thereof or and (iib) as being of an equal or lesser scope or with greater detail detail, and (bii) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code or such other jurisdiction required under applicable law for the sufficiency or filing office acceptance of any financing statement or amendment, including whether any Borrower such Guarantor is an organization, the type of organization and any organizational identification number issued to each Borrowersuch Guarantor. Each Borrower Guarantor hereby irrevocably authorizes Bank Agent at any time and from time to time to correct or complete, or to cause to be corrected or completed, any financing statements, continuation statements or other such documents as have been filed naming such Borrower Guarantor as debtor and Bank Agent as secured party. Each Borrower Guarantor agrees to furnish any such information to Bank Agent promptly upon request. At BankAgent’s request, each Borrower Guarantor will execute notices appropriate under any applicable requirements of law that are necessaryAgent, or are reasonably requested by Bankin its discretion exercised in good faith, deems desirable to evidence, perfect, or protect its security interest in and other Liens on the Collateral in such form(s) as are satisfactory to BankAgent, in its discretion exercised in good faith. Borrowers Each Guarantor will pay the reasonable cost of filing all financing statements and other notices in all public offices where filing is deemed by Bank Agent, in its discretion exercised in good faith, to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Bank Agent hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. Bank Agent is hereby authorized to give notice to any creditor, landlord or any other Person as may be necessary or desirable under applicable laws to evidence, protect, perfect, or enforce the security interest and Lien granted to Bank Agent in the Collateral.

Appears in 1 contract

Samples: Security Agreement (Industrial Services of America Inc /Fl)

Financing Statements; Notices. Each Borrower Guarantor shall, and hereby irrevocably authorizes Bank Collateral Agent to, at any time and from time to time to file in any filing office in any jurisdiction as are necessary, or as Collateral Agent determines to be necessary or desirable, to perfect or protect a security interest under applicable law any initial financing statements and amendments thereto that (a) indicate describe the Collateral (i) as all assets of Borrowers (or any one or more of them)Guarantor, whether now owned or hereafter acquired or arising, and all proceeds and products thereof (or (ii) as being a description of an equal or lesser scope or with greater detail detail), and (b) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code UCC or such other jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether any Borrower Guarantor is an organization, the type of organization and any organizational identification number issued to each BorrowerGuarantor. Each Borrower Guarantor shall, and hereby irrevocably authorizes Bank Collateral Agent to, at any time and from time to time to correct or complete, or to cause to be corrected or completed, any financing statements, continuation statements or other such documents as have been filed naming such Borrower Guarantor as debtor and Bank Collateral Agent as secured party, for the benefit of itself, the Holders and the Trustee. Each Borrower Guarantor agrees to furnish any such information to Bank Collateral Agent promptly upon request. At Bank’s request, each Borrower Guarantor will execute notices appropriate under any applicable requirements of law that are necessary, or are reasonably requested by BankCollateral Agent, to evidence, perfect, or protect its security interest in and other Liens on the Collateral in such form(s) as are satisfactory to BankCollateral Agent. Borrowers Guarantor will pay the reasonable cost of filing all financing statements and other notices in all public offices where filing is deemed by Bank Collateral Agent to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Bank Collateral Agent hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient may be filed as a financing statement. Bank Collateral Agent is hereby authorized to give notice to any creditor, landlord or any other Person as may be necessary or desirable under applicable laws to evidence, protect, perfect, or enforce the security interest and Lien granted to Bank Collateral Agent in the Collateral.

Appears in 1 contract

Samples: Security Agreement (CitiSteel PA, Inc.)

Financing Statements; Notices. Each Borrower Grantor hereby irrevocably authorizes Bank Agent at any time and from time to time to file in any filing office in any jurisdiction any initial financing statements and amendments thereto that (a) indicate the Collateral (i) as all assets of Borrowers (or any one or more of them)such Grantor, whether now owned or hereafter acquired or arising, and all proceeds and products thereof or thereof, (ii) as being of an equal or lesser scope or with greater detail detail, and (b) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code or such other as enacted in any jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether any Borrower such Grantor is an organization, the type of organization and any organizational identification number issued to each Borrowersuch Grantor. Each Borrower Grantor hereby irrevocably authorizes Bank Agent at any time and from time to time to correct or complete, or to cause to be corrected or completed, any financing statements, continuation statements or other such documents as have been filed naming such Borrower Grantor as debtor and Bank Agent as secured party. Each Borrower Grantor agrees to furnish any such information to Bank Agent promptly upon request. At BankAgent’s request, each Borrower Grantor will execute notices appropriate under any applicable requirements of law that are necessary, or are reasonably requested by Bank, Agent deems desirable to evidence, perfect, or protect its security interest in and other Liens on the Collateral in such form(s) as are satisfactory to BankAgent. Borrowers will Each Grantor, jointly and severally, agrees to pay the reasonable cost of filing all financing statements and other notices in all public offices where filing is deemed by Bank Agent to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Bank Agent hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. Bank Agent is hereby authorized to give notice to any creditor, landlord or any other Person as may be necessary or desirable under applicable laws to evidence, protect, perfect, or enforce the security interest and Lien granted to Bank Agent in the Collateral.

Appears in 1 contract

Samples: Security Agreement (Westaff Inc)

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