Further Assurances; Reports Clause Samples
The "Further Assurances; Reports" clause requires the parties to cooperate and provide any additional documents, information, or actions necessary to fulfill the agreement's objectives. In practice, this may involve delivering periodic reports, signing supplemental paperwork, or taking steps to address unforeseen requirements that arise during the contract's performance. The core function of this clause is to ensure smooth implementation of the agreement by obligating parties to assist each other and provide necessary updates or documentation as needed.
Further Assurances; Reports. The Company shall take all such action as may be necessary or appropriate in order that the Company may validly and legally issue fully paid and non-assessable shares of Underlying Securities upon the exercise of all Warrants from time to time outstanding. For so long as the Holder holds this Warrant, the Company shall deliver to the Holder contemporaneously with delivery to the holders of Common Stock, a copy of each report of the Company delivered to such holders.
Further Assurances; Reports. Lessee will execute all documents and take all further actions requested by Lessor to protect Lessor’s interests under each Lease, including without limitation Uniform Commercial Code financing statements. Lessee irrevocably authorizes Lessor to file UCC financing statements (“UCCs”), and other filings with respect to the Equipment. Without Lessor’s prior written consent, Lessee agrees not to file any corrective or termination statements or partial releases with respect to any UCCs filed by Lessor pursuant to a Lease. Lessee will pay all costs of filing financing statements with respect to a Lease, including (without limitation) documentary stamp taxes. Lessee will cause Lessor’s interest in the Equipment to be noted on any certificate of title relating to the Equipment. Lessee shall provide written notice to Lessor: (1) thirty (30) days prior to any change in Lessee’s name or jurisdiction or form of organization; (2) promptly upon the occurrence of any Event of Default or event which, with the lapse of time or the giving of notice, or both, would become an Event of Default (a “Default”); and (3) promptly upon Lessee becoming aware of any alleged violation of applicable law relating to the Equipment or any Lease.