Common use of Further Documentation; Pledge of Instruments Clause in Contracts

Further Documentation; Pledge of Instruments. At any time and from time to time, upon the written request of the Secured Party, and at the sole expense of the Pledgor, the Pledgor will promptly and duly execute and deliver such further instruments and documents and take such further action as the Secured Party may reasonably request for the purpose of obtaining or preserving the full benefits of the Loan Agreement and this Security Agreement and of the rights and powers therein and herein granted, including, without limitation, the filing of any financing or continuation statements under the Uniform Commercial Code in effect in any jurisdiction with respect to the Bank Liens created hereby. The Secured Party shall have the right, without the consent or joinder of the Pledgor, to execute and file with any governmental authority such financing statements, financing statement amendments and continuation statements as may, in the sole discretion of the Secured Party, be necessary or advisable to maintain, perfect or otherwise evidence the Bank Lien of the Secured Party in and to any of the Collateral. In addition, and without limiting the foregoing, this Pledge Agreement may be attached to and made a part of any financing statement filed by the Secured Party. The Pledgor also hereby authorizes the Secured Party to file any such financing or continuation statement without the signature of the Pledgor to the extent permitted by applicable law. A carbon, photographic or other reproduction of this Security Agreement shall be sufficient as a financing statement for filing in any jurisdiction. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, such Instrument shall be immediately delivered to the Secured Party, duly endorsed in a manner satisfactory to the Secured Party, to be held as Collateral pursuant to this Security Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Natural Gas Services Group Inc), Loan Agreement (Natural Gas Services Group Inc)

AutoNDA by SimpleDocs

Further Documentation; Pledge of Instruments. At any time and from time to time, upon the written request of the Secured Party, and at the sole expense of the PledgorDebtor, the Pledgor Debtor will promptly and duly execute and deliver such further instruments and documents and take such further action as the Secured Party may reasonably request for the purpose of obtaining or preserving the full benefits of the Loan Agreement and this Security Agreement and of the rights and powers therein and herein granted, including, without limitation, the filing of any financing or continuation statements under the Uniform Commercial Code in effect in any jurisdiction with respect to the Bank Liens created hereby. The Secured Party shall have the right, without the consent or joinder of the PledgorDebtor, to execute and file with any governmental authority such financing statements, financing statement amendments and continuation statements as may, in the sole discretion of the Secured Party, be necessary or advisable to maintain, perfect or otherwise evidence the Bank Lien of the Secured Party in and to any of the Collateral. In addition, and without limiting the foregoing, this Pledge Agreement may be attached to and made a part of any financing statement filed by the Secured Party. The Pledgor Debtor also hereby authorizes the Secured Party to file any such financing or continuation statement without the signature of the Pledgor Debtor to the extent permitted by applicable law. A carbon, photographic or other reproduction of this Security Agreement shall be sufficient as a financing statement for filing in any jurisdiction. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, such Instrument shall be immediately delivered to the Secured Party, duly endorsed in a manner satisfactory to the Secured Party, to be held as Collateral pursuant to this Security Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Natural Gas Services Group Inc), Loan Agreement (Natural Gas Services Group Inc)

Further Documentation; Pledge of Instruments. At any time and from time to time, upon the written request of the Secured Party, and at the sole expense of the PledgorDebtor, the Pledgor Debtor will promptly and duly execute and deliver such further instruments and documents and take such further action as the Secured Party may reasonably request for the purpose of obtaining or preserving the full benefits of the Loan Agreement and this Security Agreement and of the rights and powers therein and herein granted, including, without limitation, the filing of any financing or continuation statements under the Uniform Commercial Code in effect in any jurisdiction with respect to the Bank Liens security interests and liens created hereby, the delivery to the Secured Party and appropriate regulatory authorities of the titles to the Vehicles, the filing of evidence of Secured Party's security interests and liens on all Intellectual Property of Debtor in the appropriate governmental offices, and the taking of all such other actions as may be necessary to establish, preserve and protect Secured Party's security interests and liens in any of the Collateral. The Secured Party shall have the right, without the consent or joinder of the PledgorDebtor, to execute and file with any governmental authority such financing statements, financing statement amendments and continuation statements as may, in the sole discretion of the Secured Party, be necessary or advisable to maintain, perfect or otherwise evidence the Bank Lien security interests and liens of the Secured Party in and to any of the Collateral. In addition, and without limiting the foregoing, this Pledge Security Agreement may be attached to and made a part of any financing statement filed by the Secured Party. The Pledgor Debtor also hereby authorizes the Secured Party to file any such financing or continuation statement without the signature of the Pledgor Debtor to the extent permitted by applicable law. A carbon, photographic or other reproduction of this Security Agreement shall be sufficient as a financing statement for filing in any jurisdiction. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, such Instrument shall be immediately delivered to the Secured Party, duly endorsed in a manner satisfactory to the Secured Party, to be held as Collateral pursuant to this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Baron Energy Inc.)

Further Documentation; Pledge of Instruments. At any time and from time to time, upon the written request of the Secured Party, and at the sole expense of the Pledgorsuch Grantor, the Pledgor such Grantor will promptly and duly execute and deliver any and all such further instruments and documents including, without limitation, the Trademark Security Agreement and the Copyright Security Agreement, substantially in the form attached hereto as Exhibit A and Exhibit B, respectively, and take such further action as shall be necessary or as the Secured Party may reasonably request for the purpose of obtaining or preserving deem desirable to obtain the full benefits of the Loan Agreement and this Security Agreement and of the rights and powers therein and herein granted, including, without limitation, using its best efforts to secure all consents and approvals necessary or appropriate for the assignment to the Secured Party of any Contract held by such Grantor or in which such Grantor has any rights not heretofore assigned, the filing of any financing or continuation statements or amendments thereto under the Uniform Commercial Code UCC in effect in any jurisdiction the jurisdictions indicated on Schedule D hereto with respect to the Bank Liens created and security interests granted hereby. The Secured Party shall have the right, without the consent or joinder of the Pledgor, transferring Collateral to execute and file with any governmental authority such financing statements, financing statement amendments and continuation statements as may, in the sole discretion of the Secured Party, 's possession (if a security interest in such Collateral can be necessary or advisable to maintain, perfect or otherwise evidence perfected by possession) and placing the Bank Lien interest of the Secured Party in and to any as lienholder on the certificate of the Collateral. In addition, and without limiting the foregoing, this Pledge Agreement may be attached to and made a part title of any financing statement filed by vehicle and recording the Secured Party's security interest in any Grantor's after-acquired Intellectual Property. The Pledgor Such Grantor also hereby authorizes the Secured Party to file any such financing or continuation statement without the signature of the Pledgor such Grantor to the extent permitted by applicable law. A carbon, photographic or other reproduction of this Security Agreement shall be sufficient as a financing statement for filing in any jurisdiction. If any amount payable under or in connection with any of the Collateral shall should be or become evidenced by any Instrument, such Grantor agrees to pledge such Instrument shall be immediately delivered to the Secured Party, Party and shall duly endorsed in a manner satisfactory endorse such Instrument and deliver the same to the Secured Partythird party, to be held as Collateral pursuant to this Security Agreementother than checks processed by such Grantor in the ordinary course of business.

Appears in 1 contract

Samples: Security Agreement (Fields MRS Original Cookies Inc)

AutoNDA by SimpleDocs

Further Documentation; Pledge of Instruments. At any time and from time to time, upon the written request of the Secured Party, and at the sole expense of the Pledgorsuch Borrower, the Pledgor such Borrower will promptly and duly execute and deliver any and all such further instruments instruments, documents and documents agreements and take such further action as the Secured Party may reasonably request for the purpose of obtaining or preserving deem desirable to obtain the full benefits of the Loan Agreement and this Security Agreement and of the rights and powers therein and herein granted, including, without limitation, using its best efforts to secure all consents and approvals necessary or appropriate for the assignment to Secured Party of any License or Contract held by such Borrower or in which such Borrower has any rights not heretofore assigned, the filing of any financing or continuation statements under the Uniform Commercial Code in effect in any jurisdiction UCC with respect to the Bank Liens created liens and security interests granted hereby. The , transferring Collateral to Secured Party's possession (if a security interest in such Collateral can be perfected only by possession), placing the interest of Secured Party shall have as lienholder on the rightcertificate of title of any vehicle and using its best efforts to obtain waivers of liens from landlords and mortgagees. Each Borrower hereby irrevocably makes, without constitutes and appoints Secured Party (and all Persons designated by Secured Party for that purpose) as such Borrower's true and lawful attorney, effective upon the consent failure or joinder refusal of such Borrower upon request to execute and/or deliver to Secured Party any financing statement, continuation statement, instrument, document, or agreement which Secured Party may reasonably deem desirable to obtain the full benefits of this Security Agreement and of the Pledgorrights and powers granted hereunder (herein, "Supplemental Documentation"), to execute sign such Borrower's name on any such Supplemental Documentation and file with to deliver any governmental authority such financing statements, financing statement amendments and continuation statements Supplemental Documentation to such Person as may, in the sole discretion of the Secured Party, be necessary or advisable to maintainin its sole discretion, perfect or otherwise evidence the Bank Lien of the Secured Party in and to any of the Collateralshall elect. In addition, and without limiting the foregoing, this Pledge Agreement may be attached to and made a part of any financing statement filed by the Secured Party. The Pledgor Each Borrower also hereby authorizes the Secured Party to file any such financing or continuation statement without the signature of the Pledgor such Borrower to the extent permitted by applicable law. A Each Borrower agrees that a carbon, photographic photographic, photostatic, or other reproduction of this Security Agreement shall be or of a financing statement is sufficient as a financing statement for filing and may be filed by Secured Party in any jurisdictionfiling office. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any InstrumentInstrument or Document, such Instrument or Document shall be immediately delivered pledged to the Secured Party hereunder, and, if requested by Secured Party, shall be duly endorsed in a manner satisfactory to the Secured Party and delivered to Secured Party, to be held as Collateral pursuant to this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Educational Medical Inc)

Further Documentation; Pledge of Instruments. At any time and from time to time, upon the written request of the Secured Party, and at the sole expense of the PledgorDebtor, the Pledgor Debtor will promptly and duly execute and deliver such further instruments and documents and take such further action as the Secured Party may reasonably request for the purpose of obtaining or preserving the full benefits of the Loan Agreement and this Security Agreement and of the rights and powers therein and herein granted, including, without limitation, the filing of any financing or continuation statements under the Uniform Commercial Code in effect in any jurisdiction with respect to the Bank Liens security interests and liens created hereby, the delivery to the Secured Party and appropriate regulatory authorities of the titles to the Vehicles, the filing of evidence of Secured Party’s security interests and liens on all Intellectual Property of Debtor in the appropriate governmental offices, and the taking of all such other actions as may be necessary to establish, preserve and protect Secured Party’s security interests and liens in any of the Collateral. The Secured Party shall have the right, without the consent or joinder of the PledgorDebtor, to execute and file with any governmental authority such financing statements, financing statement amendments and continuation statements as may, in the sole discretion of the Secured Party, be necessary or advisable to maintain, perfect or otherwise evidence the Bank Lien security interests and liens of the Secured Party in and to any of the Collateral. In addition, and without limiting the foregoing, this Pledge Security Agreement may be attached to and made a part of any financing statement filed by the Secured Party. The Pledgor Debtor also hereby authorizes the Secured Party to file any such financing or continuation statement without the signature of the Pledgor Debtor to the extent permitted by applicable law. A carbon, photographic or other reproduction of this Security Agreement shall be sufficient as a financing statement for filing in any jurisdiction. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, such Instrument shall be immediately delivered to the Secured Party, duly endorsed in a manner satisfactory to the Secured Party, to be held as Collateral pursuant to this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Baron Energy Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!