Common use of Financing Statements; Notices Clause in Contracts

Financing Statements; Notices. Each Borrower hereby irrevocably authorizes Agent at any time and from time to time to file in any filing office required under applicable law any initial financing statements and amendments thereto that: (i) indicate the Collateral (a) as all assets of Borrowers, whether now owned or hereafter acquired or arising, and all proceeds and products thereof and (b) as being of an equal or lesser scope or with greater detail, and (ii) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code or required under applicable law for the sufficiency or filing office acceptance of any financing statement or amendment, including whether such Borrower is an organization, the type of organization and any organizational identification number issued to such Borrower. Each Borrower hereby irrevocably authorizes 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 Agent as secured party. Each Borrower agrees to furnish any such information to Agent promptly upon request. At Agent’s request, each Borrower will execute notices appropriate under any applicable requirements of law that Agent, in 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 Agent, in its discretion exercised in good faith. Each Borrower will pay the cost of filing all financing statements and other notices in all public offices where filing is deemed by 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 Agent hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. 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 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)

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Financing Statements; Notices. Each Borrower Issuer shall, and hereby irrevocably authorizes Collateral Agent to, at any time and from time to time to file in any filing office required 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: (i) indicate the Collateral that (a) describe the Collateral as all assets of BorrowersIssuer, whether now owned or hereafter acquired or arising, and all proceeds and products thereof and (b) as being or a description of an equal or lesser scope or with greater detail), and (iib) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code UCC or required under applicable law such other jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether such Borrower Issuer is an organization, the type of organization and any organizational identification number issued to such BorrowerIssuer. Each Borrower Issuer shall, and hereby irrevocably authorizes 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 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 Collateral Agent promptly upon request. At Agent’s request, each Borrower Issuer will execute notices appropriate under any applicable requirements of law that are necessary, or are reasonably requested by Collateral Agent, in 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 Collateral Agent, in its discretion exercised in good faith. Each Borrower Issuer will pay the reasonable cost of filing all financing statements and other notices in all public offices where filing is deemed by Agent, in its discretion exercised in good faith, Collateral Agent to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to 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. 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 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 irrevocably authorizes Agent Bank at any time and from time to time to file in any filing office required under applicable law in any jurisdiction any initial financing statements and amendments thereto that: that (ia) indicate the Collateral (ai) as all assets of BorrowersBorrowers (or any one or more of them), whether now owned or hereafter acquired or arising, and all proceeds and products thereof and or (bii) as being of an equal or lesser scope or with greater detail, detail and (iib) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code or required under applicable law such other jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether such any Borrower is an organization, the type of organization and any organizational identification number issued to such each Borrower. Each Borrower hereby irrevocably authorizes Agent 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 Agent Bank as secured party. Each Borrower agrees to furnish any such information to Agent Bank promptly upon request. At AgentBank’s request, each Borrower will execute notices appropriate under any applicable requirements of law that Agentare necessary, in its discretion exercised in good faithor are 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 satisfactory to Agent, in its discretion exercised in good faithBank. Each Borrower Borrowers will pay the reasonable cost of filing all financing statements and other notices in all public offices where filing is deemed by Agent, in its discretion exercised in good faith, Bank to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Agent Bank hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. Agent 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 Agent Bank in the Collateral.

Appears in 2 contracts

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

Financing Statements; Notices. Each Borrower hereby (a) irrevocably authorizes Agent Bank at any time and from time to time to file in any filing office required under applicable law in any jurisdiction any initial financing statements and amendments thereto that: (i) that indicate the Collateral (ai) as all assets of BorrowersBorrower, whether now owned or hereafter acquired or arising, and all proceeds and products thereof and thereof, or (bii) as being of an equal or lesser scope or with greater detail, and (iib) agrees to provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code UCC or required under applicable law such other jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether such Borrower is an organization, the type of organization and any organizational identification number issued to such Borrower. Each Borrower agrees to furnish any such information to Bank promptly upon request. Borrower hereby irrevocably authorizes Agent 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 Agent Bank as secured party. Each Borrower agrees to furnish any such information to Agent promptly upon request. At AgentBank’s request, each Borrower will execute notices appropriate under any applicable requirements of law that Agent, in its discretion exercised in good faith, Bank reasonably 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 Agent, in its discretion exercised in good faithBank. Each Borrower will pay the cost of filing all financing statements and other notices in all public offices where filing is reasonably deemed by Agent, in its discretion exercised in good faith, Bank to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Agent Bank hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. Agent 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 Agent Bank in the Collateral.

Appears in 1 contract

Samples: Security Agreement (OVERSTOCK.COM, Inc)

Financing Statements; Notices. Each Borrower Guarantor shall, and hereby irrevocably authorizes Collateral Agent to, at any time and from time to time to file in any filing office required 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: (i) indicate the Collateral that (a) describe the Collateral as all assets of BorrowersGuarantor, whether now owned or hereafter acquired or arising, and all proceeds and products thereof and (b) as being or a description of an equal or lesser scope or with greater detail), and (iib) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code UCC or required under applicable law such other jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether such Borrower Guarantor is an organization, the type of organization and any organizational identification number issued to such BorrowerGuarantor. Each Borrower Guarantor shall, and hereby irrevocably authorizes 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 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 Collateral Agent promptly upon request. At Agent’s request, each Borrower Guarantor will execute notices appropriate under any applicable requirements of law that are necessary, or are reasonably requested by Collateral Agent, in 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 Collateral Agent, in its discretion exercised in good faith. Each Borrower Guarantor will pay the reasonable cost of filing all financing statements and other notices in all public offices where filing is deemed by Agent, in its discretion exercised in good faith, Collateral Agent to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to 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. 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 Collateral Agent in the Collateral.

Appears in 1 contract

Samples: Security Agreement (CitiSteel PA, Inc.)

Financing Statements; Notices. Each Borrower Debtor hereby (a) irrevocably authorizes Agent Bank at any time and from time to time to file in any filing office required under applicable law in any jurisdiction any initial financing statements and amendments thereto that: (i) that indicate the Collateral (ai) as all assets of BorrowersDebtor, whether now owned or hereafter acquired or arising, and all proceeds and products thereof and thereof, or (bii) as being of an equal or lesser scope or with greater detail, and (iib) agrees to provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code UCC or required under applicable law such other jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether such Borrower Debtor is an organization, the type of organization and any organizational identification number issued to Debtor. Debtor agrees to furnish any such Borrowerinformation to Bank promptly upon request. Each Borrower Debtor hereby irrevocably authorizes Agent 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 Agent Bank as secured party. Each Borrower agrees to furnish any such information to Agent promptly upon request. At AgentBank’s request, each Borrower Debtor will execute notices appropriate under any applicable requirements of law that Agent, in its discretion exercised in good faith, Bank reasonably 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 Agent, in its discretion exercised in good faithBank. Each Borrower Debtor will pay the cost of filing all financing statements and other notices in all public offices where filing is reasonably deemed by Agent, in its discretion exercised in good faith, Bank to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Agent Bank hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. Agent 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 Agent Bank in the Collateral.

Appears in 1 contract

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

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Financing Statements; Notices. Each Borrower Grantor hereby irrevocably authorizes Agent Lender at any time and from time to time to file in any filing office required under applicable law in any jurisdiction any initial financing statements and amendments thereto that: that (ia) indicate the Collateral (ai) as all assets of Borrowerssuch Grantor, whether now owned or hereafter acquired or arising, and all proceeds and products thereof and thereof, (bii) as being of an equal or lesser scope or with greater detail, and (iib) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code or required under applicable law as enacted in any jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether such Borrower Grantor is an organization, the type of organization and any organizational identification number issued to such BorrowerGrantor. Each Borrower Grantor hereby irrevocably authorizes Agent 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 Agent Lender as secured party. Each Borrower Grantor agrees to furnish any such information to Agent Lender promptly upon request. At Agent’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 Agent, in its discretion exercised in good faith, 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 Agent, in its discretion exercised in good faithLender. Each Borrower will Grantor, jointly and severally, agrees to pay the cost of filing all financing statements and other notices in all public offices where filing is deemed by Agent, in its discretion exercised in good faith, Lender to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Agent Lender hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. Agent 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 Agent Lender in the Collateral.

Appears in 1 contract

Samples: Security Agreement (Westaff Inc)

Financing Statements; Notices. Each Borrower Guarantor hereby irrevocably authorizes Agent at any time and from time to time to file in any filing office required under applicable law any initial financing statements and amendments thereto that: (i) indicate the Collateral (a) as all assets of BorrowersGuarantors, whether now owned or hereafter acquired or arising, and all proceeds and products thereof and (b) as being of an equal or lesser scope or with greater detail, and (ii) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code or required under applicable law for the sufficiency or filing office acceptance of any financing statement or amendment, including whether such Borrower Guarantor is an organization, the type of organization and any organizational identification number issued to such BorrowerGuarantor. Each Borrower Guarantor hereby irrevocably authorizes 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 Agent as secured party. Each Borrower Guarantor agrees to furnish any such information to Agent promptly upon request. At Agent’s request, each Borrower Guarantor will execute notices appropriate under any applicable requirements of law that Agent, in 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 Agent, in its discretion exercised in good faith. Each Borrower Guarantor will pay the cost of filing all financing statements and other notices in all public offices where filing is deemed by 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 Agent hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. 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 Agent in the Collateral.

Appears in 1 contract

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

Financing Statements; Notices. Each Borrower Grantor hereby irrevocably authorizes Agent at any time and from time to time to file in any filing office required under applicable law in any jurisdiction any initial financing statements and amendments thereto that: that (ia) indicate the Collateral (ai) as all assets of Borrowerssuch Grantor, whether now owned or hereafter acquired or arising, and all proceeds and products thereof and thereof, (bii) as being of an equal or lesser scope or with greater detail, and (iib) provide any other information required by Part 5 of Article 9 of the Uniform Commercial Code or required under applicable law as enacted in any jurisdiction for the sufficiency or filing office acceptance of any financing statement or amendment, including whether such Borrower Grantor is an organization, the type of organization and any organizational identification number issued to such BorrowerGrantor. Each Borrower Grantor hereby irrevocably authorizes 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 Agent as secured party. Each Borrower Grantor agrees to furnish any such information to Agent promptly upon request. At Agent’s request, each Borrower Grantor will execute notices appropriate under any applicable requirements of law that Agent, in its discretion exercised in good faith, 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 Agent, in its discretion exercised in good faith. Each Borrower will Grantor, jointly and severally, agrees to pay the cost of filing all financing statements and other notices in all public offices where filing is deemed by Agent, in its discretion exercised in good faith, Agent to be necessary or desirable to perfect, protect or enforce the security interest and Lien granted to Agent hereunder. A carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement is sufficient as a financing statement. 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 Agent in the Collateral.

Appears in 1 contract

Samples: Security Agreement (Westaff Inc)

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