Common use of Lien Perfection; Further Assurances Clause in Contracts

Lien Perfection; Further Assurances. Each Borrower shall execute such instruments, assignments or documents as are necessary to perfect Agent's Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby authorizes Agent to execute and file any UCC, PPSA or similar financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's behalf. Each Borrower also hereby ratifies its authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Agent any and all documents, instruments and agreements deemed necessary by Agent, to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 3 contracts

Samples: Loan and Security Agreement (Wabash National Corp /De), Loan and Security Agreement (Wabash National Corp /De), Loan and Security Agreement (Wabash National Corp /De)

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Lien Perfection; Further Assurances. Each Borrower shall execute such UCC-1 financing statements as are required by the UCC and such other instruments, assignments or documents as are necessary to perfect Agent's Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby authorizes Agent to execute and file any UCC, PPSA or similar such financing statement, including, without limitation, financing statements that indicate reflect the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's behalf. Each Borrower also hereby ratifies its authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Agent any and all documents, instruments and agreements reasonably deemed necessary by Agent, to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 3 contracts

Samples: Loan and Security Agreement (Weirton Steel Corp), Loan and Security Agreement (Weirton Steel Corp), Loan and Security Agreement (Weirton Steel Corp)

Lien Perfection; Further Assurances. Each Borrower shall execute such instruments, assignments or documents as are necessary to perfect Agent's ’s Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Agent's ’s Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby authorizes Agent to execute and file any UCC, PPSA or similar such financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's ’s behalf. Each Borrower also hereby ratifies its authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's ’s request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Agent any and all documents, instruments and agreements reasonably deemed necessary by Agent, Agent to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 3 contracts

Samples: Loan and Security Agreement (Neenah Foundry Co), Loan and Security Agreement (Neenah Foundry Co), Loan and Security Agreement (Neenah Foundry Co)

Lien Perfection; Further Assurances. Each Borrower shall execute such UCC-1 financing statements as are required by the UCC and such other instruments, assignments or documents as are necessary to perfect Agent's Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby authorizes Agent to execute and file any UCC, PPSA or similar such financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's behalf. Each Borrower also hereby ratifies its authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Agent any and all documents, instruments and agreements deemed necessary by Agent, to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (D & K Healthcare Resources Inc), Loan and Security Agreement (D & K Healthcare Resources Inc)

Lien Perfection; Further Assurances. Each Borrower shall execute such instruments, assignments or documents as are necessary to perfect Agent's ’s Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Agent's ’s Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby authorizes Agent to execute and file any UCC, PPSA or similar financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's ’s behalf. Each Borrower also hereby ratifies its authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's ’s request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Agent any and all documents, instruments and agreements deemed necessary by Agent, to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (Wabash National Corp /De), Loan and Security Agreement (Wabash National Corp /De)

Lien Perfection; Further Assurances. Each Borrower shall execute such UCC-1 financing statements as are required by the UCC and such other instruments, assignments or documents as are necessary to perfect Agent's Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby irrevocably authorizes Agent to execute and file any UCC, PPSA or similar such financing statementstatements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such each Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such each Borrower's behalf. Each Borrower also hereby ratifies its authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic carbon or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Agent any and all documents, instruments and agreements deemed necessary by Agent, Agent to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (Velocity Express Corp), Loan and Security Agreement (Velocity Express Corp)

Lien Perfection; Further Assurances. Each Borrower shall execute such UCC-1 financing statements as are required by the UCC and such other instruments, assignments or documents as are necessary to perfect Agent's Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby authorizes Agent to execute and file any UCC, PPSA or similar such financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's behalf. Each Borrower also hereby ratifies its authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Agent any and all documents, instruments and agreements deemed necessary by Agent, to give effect to or carry out the terms or intent of the Loan Documents. The provisions of this Section 5.3 (i) shall not require that any leasehold mortgages be provided other than upon Agent's reasonable request therefor and (ii) shall not apply to the motor vehicles owned by a Borrower to the extent that the fair market value of the motor vehicles owned by Borrowers and the Restricted Subsidiaries does not exceed $300,000 in the aggregate.

Appears in 2 contracts

Samples: Loan and Security Agreement (Kinetek Inc), Loan and Security Agreement (Kinetek Inc)

Lien Perfection; Further Assurances. Each Borrower shall shall, upon the request of Agent, execute such instruments, assignments or documents as are necessary to perfect Agent's Lien upon any of the Collateral Collateral, and shall take such other action as may be required to perfect or to continue the perfection of Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby authorizes Agent to execute and file any UCC, PPSA or similar such financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's behalf. Each Borrower also hereby ratifies its authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Agent any and all documents, instruments and agreements reasonably deemed necessary by Agent, to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (Falcon Products Inc /De/), Loan and Security Agreement (Falcon Products Inc /De/)

Lien Perfection; Further Assurances. Each Borrower shall execute such instruments, assignments or documents as are necessary to perfect Agent's Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby authorizes Agent to execute and file any UCC, PPSA or similar UCC financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effecteffect (other than the La Place Assets), or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's behalf. Each Borrower also hereby ratifies its authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Agent any and all documents, instruments and agreements reasonably deemed necessary by Agent, to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Bayou Steel Corp)

Lien Perfection; Further Assurances. Each Borrower shall execute such UCC-1 financing statements as are required by the UCC and such other instruments, assignments or documents as are necessary to perfect Administrative Agent's Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Administrative Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby authorizes Administrative Agent to execute and file any UCC, PPSA or similar such financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's behalf. Each Borrower also hereby ratifies its authorization for Administrative Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Administrative Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Administrative Agent any and all documents, instruments and agreements deemed necessary by Administrative Agent, to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Jacuzzi Brands Inc)

Lien Perfection; Further Assurances. Each Borrower Grantor shall execute such instruments, assignments or documents as are necessary to perfect AgentTrustee's Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of AgentTrustee's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower Grantor hereby authorizes Agent Trustee to execute and file any UCC, PPSA or similar such financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower Grantor or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.12.1, on such BorrowerGrantor's behalf. Each Borrower Grantor also hereby ratifies its authorization for Agent Trustee to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At AgentTrustee's request, each Borrower Grantor shall also promptly execute or cause to be executed and shall deliver to Agent Trustee any and all documents, instruments and agreements reasonably deemed necessary by Agent, Trustee to give effect to or carry out the terms or intent of the Loan Guaranty Documents.

Appears in 1 contract

Samples: Subordinated Security Agreement (Cast Alloys Inc)

Lien Perfection; Further Assurances. Each Borrower Borrowers shall execute authorize such UCC-1 financing statements as are required by the UCC and such other instruments, assignments or documents as are necessary to perfect Agent's Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower Borrowers hereby authorizes irrevocably authorize Agent to execute and and/or file any UCC, PPSA or similar such financing statementstatements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower Borrowers or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's Borrowers' behalf. Each Borrower Borrowers also hereby ratifies its ratify their authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's request, each Borrower Borrowers shall also promptly execute or cause to be executed and shall deliver to Agent any and all documents, instruments and agreements deemed necessary by Agent, Agent to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Restoration Hardware Inc)

Lien Perfection; Further Assurances. Each Borrower shall execute such instruments, assignments or documents as are necessary to perfect Agent's Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby authorizes Agent to execute and file any UCC, PPSA or similar such financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's behalf. Each Borrower also hereby ratifies its authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Agent any and all documents, instruments and agreements reasonably deemed necessary by Agent, Agent to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Deeter Foundry Inc)

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Lien Perfection; Further Assurances. Each Borrower shall execute such other instruments, assignments or documents as are necessary to perfect Agent's Lender’s Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Agent's Lender’s Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby irrevocably authorizes Agent Lender to execute and file any UCC, PPSA or similar such financing statementstatements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's ’s behalf. Each Borrower also hereby ratifies its authorization for Agent Lender to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's Lender’s request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Agent Lender any and all documents, instruments and agreements deemed necessary by Agent, Lender to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Allied Healthcare Products Inc)

Lien Perfection; Further Assurances. Each Borrower Lien Grantor shall execute such instruments, assignments or documents as are necessary to perfect the Agent's ’s Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of the Agent's ’s Lien upon the Collateral. Unless prohibited by applicable law, each Borrower Lien Grantor hereby authorizes the Agent to execute and file any UCC, PPSA or similar such financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower Lien Grantor or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.12.1, on such Borrower's Lien Grantor’s behalf. Each Borrower Lien Grantor also hereby ratifies its authorization for the Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At the Agent's ’s request, each Borrower Lien Grantor shall also promptly execute or cause to be executed and shall deliver to the Agent any and all documents, instruments and agreements reasonably deemed necessary by Agent, the Agent to give effect to or carry out the terms or intent of the Loan Noteholder Documents.

Appears in 1 contract

Samples: Security Agreement (Neenah Foundry Co)

Lien Perfection; Further Assurances. Each The Borrower shall upon the reasonable request of the Collateral Agent execute and/or deliver to the Lenders such UCC-1 financing statements as are required by the UCC and such other instruments, assignments or documents as are necessary to perfect Collateral Agent's Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of the Collateral Agent's Lien upon the CollateralCollateral under the UCC. Unless prohibited by applicable law, each the Borrower hereby irrevocably authorizes the Collateral Agent to execute and file any UCCsuch financing statements, PPSA or similar financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, detail than as set forth in Section 5.111.01, on such the Borrower's behalf. Each The Borrower also hereby ratifies its authorization for the Collateral Agent to have filed in any appropriate jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At the Collateral Agent's request, each the Borrower shall also promptly execute or cause to be executed and shall deliver to the Collateral Agent any and all documents, instruments and agreements reasonably deemed necessary by Agent, the Collateral Agent to give effect to or carry out the terms or intent of the Loan Documentsthis Agreement.

Appears in 1 contract

Samples: Bridge Loan and Security Agreement (Smithfield Foods Inc)

Lien Perfection; Further Assurances. Each Borrower The Lien Grantor shall execute such instruments, assignments or documents as are necessary to perfect the Agent's ’s Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of the Agent's ’s Lien upon the Collateral. Unless prohibited by applicable law, each Borrower the Lien Grantor hereby authorizes the Agent to execute and file any UCC, PPSA or similar such financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower the Lien Grantor or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.12.1, on such Borrower's the Lien Grantor’s behalf. Each Borrower The Lien Grantor also hereby ratifies its authorization for the Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At the Agent's ’s request, each Borrower the Lien Grantor shall also promptly execute or cause to be executed and shall deliver to the Agent any and all documents, instruments and agreements reasonably deemed necessary by Agent, the Agent to give effect to or carry out the terms or intent of the Loan Noteholder Documents.

Appears in 1 contract

Samples: Security Agreement (Neenah Foundry Co)

Lien Perfection; Further Assurances. Each Borrower shall agrees to execute such the UCC-1 financing statements provided for by the UCC or otherwise together with any and all other instruments, assignments or documents as are necessary to perfect Agent's Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Agent's security interest, for the benefit of the Lenders, in the Collateral, including, without limitation, the execution at Agent's request of all documents deemed necessary by Agent to cause Agent's Lien upon , for the benefit of Lenders, to be noted on any motor vehicle title certificates for motor vehicles forming a part of the Collateral. Unless prohibited by applicable law, each Borrower hereby authorizes Agent to execute and file any UCC, PPSA or similar such financing statementstatements, including, without limitation, financing statements that indicate the Collateral (ia) as all assets of such Borrower or words of similar effect, or (iib) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's behalf. Each Borrower also hereby ratifies its authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's Agents' request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Agent Agent, for the benefit of Lenders, any and all documents, instruments and agreements deemed necessary by Agent, Agents to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Industrial Data Systems Corp)

Lien Perfection; Further Assurances. Each Borrower shall shall, upon the request of Agent, execute such instruments, assignments or documents as are necessary to perfect Agent's Lien upon any of the Collateral collateral, and shall take such other action as may be required to perfect or to continue the perfection of Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby authorizes Agent to execute and file any UCC, PPSA or similar such financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Borrower's behalf. Each Borrower also hereby ratifies its authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Agent any and all documents, instruments and agreements reasonably deemed necessary by Agent, to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Falcon Products Inc /De/)

Lien Perfection; Further Assurances. Each Borrower Co-Borrowers shall execute such UCC-1 financing statements as are required by the UCC and such other instruments, assignments or documents as are necessary to perfect Agent's ’s Lien upon any of the Collateral and shall take such other action as may be required to perfect or to continue the perfection of Agent's ’s Lien upon the Collateral. Unless prohibited by applicable law, each Co-Borrower hereby authorizes Agent to execute and file any UCC, PPSA or similar such financing statement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Co-Borrower or words of similar effect, or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section 5.1, on such Co-Borrower's ’s behalf. Each Co-Borrower also hereby ratifies its authorization for Agent to have filed in any jurisdiction any like financing statements or amendments thereto if filed prior to the date hereof. hereof The parties agree that a carbon, photographic or other reproduction of this Agreement shall be sufficient as a financing statement and may be filed in any appropriate office in lieu thereof. At Agent's ’s request, each Co-Borrower shall also promptly execute or cause to be executed and shall deliver to Agent any and all documents, instruments and agreements deemed necessary by Agent, to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Pw Eagle Inc)

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