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

Further Documentation; Pledge of Instruments. From time to time, upon the written request of IPG, and at the sole expense of Debtor, Debtor will promptly and duly execute and deliver any and all such further instruments and documents and take such further actions as IPG may reasonably deem appropriate or desirable to obtain or further assure the full benefits of this Agreement and of the rights and powers herein granted, including, without limitation, (i) using its commercially reasonable efforts to secure all consents and approvals necessary or appropriate for the assignment to IPG of any Contract held by Debtor or in which Debtor has any rights not heretofore assigned, (ii) the filing of any financing or continuation statements under the UCC with respect to the security interests granted hereby, (iii) taking such other action as IPG reasonably requests to perfect its security interest in such Collateral, and (iv) discharging or obtaining waivers of Liens (other than Permitted Liens) on the Collateral. Debtor also hereby authorizes IPG to file on its behalf any such financing or continuation statement without the signature of Debtor to the extent permitted by applicable law. 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 pledged to IPG hereunder.

Appears in 3 contracts

Samples: General Security Agreement (All American Communications Inc), General Security Agreement (All American Communications Inc), General Security Agreement (All American Communications Inc)

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Further Documentation; Pledge of Instruments. From At any time and from time to time, upon the written request of IPGthe Agent, and at the sole expense of Debtorsuch Pledgor, Debtor such Pledgor will promptly and duly execute and deliver any and all such further instruments and documents and take such further actions action as IPG the Agent may reasonably deem appropriate or desirable to obtain or further assure the full benefits of this Security Agreement and of the rights and powers herein granted, including, without limitation, (i) using its commercially reasonable best efforts to secure all consents and approvals necessary or appropriate for the assignment to IPG the Agent of any Contract held by Debtor such Pledgor or in which Debtor such Pledgor has any rights not heretofore assigned, (ii) the filing of any financing or continuation statements under the UCC with respect to the Liens and security interests granted hereby, and transferring Collateral to the Agent's possession (iii) taking such other action as IPG reasonably requests to perfect its if a security interest in such Collateral, and (iv) discharging or obtaining waivers of Liens (other than Permitted Liens) on the CollateralCollateral can be perfected by possession). Debtor also Each Pledgor hereby authorizes IPG the Agent to file on its behalf any such financing or continuation statement without the signature of Debtor such Pledgor to the extent permitted by applicable law. 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 pledged to IPG the Agent hereunder, and shall be duly endorsed in a manner satisfactory to the Agent and delivered to the Agent.

Appears in 2 contracts

Samples: Security Agreement (Bcam International Inc), Note Purchase Agreement (Impleo LLC)

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Further Documentation; Pledge of Instruments. From At any time and from time to time, upon the written request of IPGLender, and at the sole expense of Debtorsuch Grantor, Debtor such Grantor will promptly and duly execute and deliver any and all such further instruments and documents and take such further actions action as IPG Lender may reasonably deem appropriate or desirable to obtain or further assure the full benefits of this Security Agreement and of the rights and powers herein granted, including, without limitation, (i) using its commercially reasonable their best efforts to secure all consents and approvals necessary or appropriate for the assignment to IPG Lender of any License or Contract held by Debtor such Grantor or in which Debtor such Grantor has any rights not heretofore assigned, (ii) the filing of any financing or continuation statements under the UCC with respect to the liens and security interests granted hereby, transferring Collateral to the Lender's possession (iii) taking such other action as IPG reasonably requests to perfect its if a security interest in such CollateralCollateral can be perfected by possession), placing the interest of Lender as lienholder on the certificate of title of any vehicle and (iv) discharging or obtaining using its best efforts to obtain waivers of Liens (other than Permitted Liens) on the Collateralliens from landlords and mortgagees. Debtor Such Grantor also hereby authorizes IPG Lender to file on its behalf any such financing or continuation statement without the signature of Debtor such Grantor to the extent permitted by applicable law. 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 pledged to IPG Lender hereunder, and shall be duly endorsed in a manner satisfactory to Lender and delivered to Lender.

Appears in 2 contracts

Samples: Security Agreement (Cynet Inc), Security Agreement (Cynet Inc)

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