Common use of Further Assurance and Power of Attorney Clause in Contracts

Further Assurance and Power of Attorney. 7.12.1 The Customer agrees that it shall from time to time at the request of the Bank do all such things and execute and deliver all such transfers, notices and other documents (including, without limitation, a replacement or supplemental security document) as the Bank may consider necessary or desirable for creating, completing, maintaining, enhancing or perfecting the security contemplated hereby, or for securing the rights of the Bank hereunder or, if an Event of Default has occurred and is continuing, enforcing its security or rights under this paragraph 7 or the Securities Law.