Common use of Further Actions; Financing Statements Clause in Contracts

Further Actions; Financing Statements. (a) The Seller hereby grants to the Purchaser, subject to the satisfaction or waiver of the conditions set forth in Section 11 hereof, the right, at the Purchaser's option, to file any or all such financing statements, amendments, continuation statements, assignments, certificates and other documents pursuant to the UCC and otherwise without its signature and hereby irrevocably appoints the Purchaser, subject to the satisfaction or waiver of the conditions set forth in Section 11 hereof, as its attorney-in-fact to execute, deliver and file any such financing statements, amendments, continuation statements, assignments, certificates and other documents in the Seller's name and to perform all other acts which the Purchaser deems appropriate to perfect or to maintain the perfection of the security interest; and (ii) notify the Purchaser within five (5) days after the occurrence of any of the following: (A) any change in the Seller's corporate name or any trade name; (B) any change in the Seller's location of its chief executive office or principal place of business; and (C) any merger or consolidation or other change in Seller's identity or material change in its corporate structure.

Further Actions; Financing Statements. (a) The Seller hereby grants to the Purchaser, subject to the satisfaction or waiver of the conditions set forth in Section SECTION 11 hereof, the right, at the Purchaser's option, to file any or all such financing statements, amendments, continuation statements, assignments, certificates and other documents pursuant to the UCC and otherwise without its signature and hereby irrevocably appoints the Purchaser, subject to the satisfaction or waiver of the conditions set forth in Section SECTION 11 hereof, as its attorney-in-fact to execute, deliver and file any such financing statements, amendments, continuation statements, assignments, certificates and other documents in the Seller's name and to perform all other acts which the Purchaser deems appropriate to perfect or to maintain the perfection of the security interest; and (ii) notify the Purchaser within five (5) days after the occurrence of any of the following: (A) any change in the Seller's corporate name or any trade name; (B) any change in the Seller's location of its chief executive office or principal place of business; and (C) any merger or consolidation or other change in Seller's identity or material change in its corporate structure.