Common use of Lien Perfection; Further Assurances Clause in Contracts

Lien Perfection; Further Assurances. 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 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 Lender’s Lien upon the Collateral. Unless prohibited by applicable law, Borrower hereby irrevocably authorizes Lender to execute and file any such financing statements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of 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 Borrower’s behalf. Borrower also hereby ratifies its authorization for 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 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 Lender’s request, Borrower shall also promptly execute or cause to be executed and shall deliver to Lender any and all documents, instruments and agreements deemed necessary by Lender to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 2 contracts

Samples: Loan and Security Agreement (Iwt Tesoro Corp), Loan and Security Agreement (Iwt Tesoro Corp)

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Lien Perfection; Further Assurances. 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 LenderAgent’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 LenderAgent’s Lien upon the Collateral. Unless prohibited by applicable law, each Co-Borrower hereby irrevocably authorizes Lender Agent to execute and file any such financing statementsstatement, 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 behalf. Each Co-Borrower also hereby ratifies its authorization for Lender 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 LenderAgent’s request, each Co-Borrower shall also promptly execute or cause to be executed and shall deliver to Lender Agent any and all documents, instruments and agreements deemed necessary by Lender 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 (Pw Eagle Inc), Loan and Security Agreement (Pw Eagle Inc)

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 Lender’s 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 Lender’s Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby irrevocably authorizes Lender Agent to execute and file any such financing statementsstatement, 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 Lender 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 Lender’s Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Lender Agent any and all documents, instruments and agreements deemed necessary by Lender 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. 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 Lender’s 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 Lender’s Agent's Lien upon the Collateral. Unless prohibited by applicable law, and notwithstanding Section 362 of the Bankruptcy Code, Borrower hereby irrevocably authorizes Lender Agent to authenticate, execute and file any such financing statementsstatement, including, without limitation, financing statements that indicate reflect the Collateral (i) as all assets of Borrower or words of similar effect, 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 Borrower’s 's behalf. Borrower also hereby ratifies its authorization for Lender 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 Lender’s Agent's request, and, with respect to Term Loan Primary Collateral, at the request of Term Loan Representative, Borrower shall also promptly execute or cause to be executed and shall deliver to Lender Agent any and all documents, instruments and agreements reasonably deemed necessary by Lender Agent, to give effect to or carry out the terms or intent of the Loan Documents, all at Borrower's sole cost and expense.

Appears in 1 contract

Samples: Loan and Security Agreement (Weirton Steel Corp)

Lien Perfection; Further Assurances. Borrower shall execute Borrowers hereby irrevocably authorize the filing of such UCC-1 financing statements as are required by the UCC and agree to execute such other instruments, assignments or documents as are necessary to perfect Lender’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 Lender’s 's Lien upon the Collateral. Unless prohibited by applicable law, Borrower Borrowers hereby irrevocably authorizes authorize Lender to execute and file any such financing statements, including, without limitation, financing statements that indicate the Collateral (ia) as "all assets assets" of Borrower Borrowers 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 Borrower’s Borrowers' behalf. Borrower Borrowers also hereby ratifies its ratify their authorization for 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 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 Lender’s 's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Lender any and all documents, instruments and agreements deemed necessary by Lender to give effect to or carry out the terms or intent of the Loan Documents, including, without limitation certificates of title for motor vehicles and/or trailers which are currently owned or hereinafter acquired by any Borrower.

Appears in 1 contract

Samples: Loan and Security Agreement (Measurement Specialties Inc)

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 Lender’s 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 Lender’s Agent's Lien upon the Collateral. Unless prohibited by applicable law, Borrower Borrowers hereby irrevocably authorizes Lender authorize Agent to execute and file any such financing statementsstatement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of any 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 any Borrower’s 's behalf. Each Borrower also hereby ratifies its authorization for Lender 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 Lender’s Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Lender Agent any and all documents, instruments and agreements deemed necessary by Lender 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)

Lien Perfection; Further Assurances. 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 Lender’s 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 Lender’s Agent's Lien upon the Collateral. Unless prohibited by applicable law, Borrower hereby irrevocably authorizes Lender Agent to execute and file any such financing statementsstatement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of 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 subsection 5.1, on Borrower’s 's behalf. Borrower also hereby ratifies its authorization for Lender 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 Lender’s Agent's request, Borrower shall also promptly execute or cause to be executed and shall deliver to Lender Agent any and all documents, instruments and agreements deemed necessary by Lender Agent or Majority Lenders, to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 1 contract

Samples: Loan and Security Agreement (Color Spot Nurseries Inc)

Lien Perfection; Further Assurances. Borrower shall execute such UCC-1 UCC financing statements as are required by the UCC and such other instruments, assignments or documents as are necessary to perfect Lender’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 Lender’s 's Lien upon the Collateral. Unless prohibited by applicable law, Borrower hereby irrevocably authorizes Lender to execute and file any such financing statements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of 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 Borrower’s 's behalf. Borrower also hereby ratifies its authorization for 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 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 Lender’s 's request, Borrower shall also promptly execute or cause to be executed and shall deliver to Lender any and all documents, instruments and agreements deemed necessary by 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 (Joule Inc)

Lien Perfection; Further Assurances. Borrower shall execute authorizes such UCC-1 UCC financing statements as are required by the UCC and such other instruments, assignments or documents as are necessary to perfect Lender’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 Lender’s 's Lien upon the CollateralCollaxxxxx. Unless prohibited by applicable law, Borrower hereby irrevocably authorizes Lender to execute and file any such financing statements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of 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 Borrower’s 's behalf. Borrower also hereby ratifies its authorization for 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 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 Lender’s 's request, Borrower shall also promptly execute or cause to be executed and shall deliver to Lender any and all documents, instruments and agreements deemed necessary by Lender to give effect to or carry out the terms or intent of the Loan Documents.

Appears in 1 contract

Samples: Equipment Loan Note (Pure World Inc)

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 LenderAgent’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 LenderAgent’s Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby irrevocably authorizes Lender Agent to execute and file any such financing statementsstatement, 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 Lender 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 LenderAgent’s request, each Borrower shall also promptly execute or cause to CHICAGO/#1571873.4 be executed and shall deliver to Lender Agent any and all documents, instruments and agreements deemed necessary by Lender 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 (Mfri Inc)

Lien Perfection; Further Assurances. 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 LenderAgent’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 LenderAgent’s Lien upon the Collateral. Unless prohibited by applicable law, Borrower hereby irrevocably authorizes Lender Agent to execute and file any such financing statements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of 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 Borrower’s behalf. Borrower also hereby ratifies its authorization for Lender 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 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 LenderAgent’s request, Borrower shall also promptly execute or cause to be executed and shall deliver to Lender Agent any and all documents, instruments and agreements deemed reasonably necessary by Lender 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 (Home Products International Inc)

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 LenderAgent’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 LenderAgent’s Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby irrevocably authorizes Lender Agent to execute and file any such financing statementsstatement, 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 Lender 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 LenderAgent’s request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Lender Agent any and all documents, instruments and agreements deemed necessary by Lender 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 (Mfri Inc)

Lien Perfection; Further Assurances. 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 Lender’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 Lender’s 's Lien upon the Collateral. Unless prohibited by applicable law, Borrower hereby irrevocably authorizes Lender to execute and file any such financing statements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of 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 Borrower’s 's behalf. Borrower also hereby ratifies its authorization for 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 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 Lender’s 's request, Borrower shall also promptly execute or cause to be executed and shall deliver to Lender any and all documents, instruments and agreements deemed necessary by 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 (Emtec Inc/Nj)

Lien Perfection; Further Assurances. Borrower 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 Lender’s 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 Lender’s Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby irrevocably authorizes Lender Agent to execute and file any such financing statementsstatement, including, without limitation, financing statements that indicate the Collateral (i) as all assets of such Borrower or words of similar effect, or (ii) as Agent may elect, 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 Lender 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 Lender’s Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Lender Agent any and all documents, instruments and agreements deemed necessary by Lender 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 (Truserv Corp)

Lien Perfection; Further Assurances. Promptly after Xxxxxx’s request therefor, Borrower shall execute or cause to be executed and deliver to Lender such UCC-1 financing statements as are required by the UCC and such other instruments, assignments assignments, or other documents as are necessary under the UCC or other Applicable Law (including, solely upon request of Lender after the occurrence of an Event of Default which is not timely cured or waived by Lender, delivery of motor vehicle certificates of title with respect to motor vehicles constituting Collateral) to perfect Lender(or continue the perfection of) Xxxxxx’s Lien upon any of the Collateral and shall take such other action as may be required requested by Lender to perfect give effect to or to continue carry out the perfection intent and purposes of Lender’s Lien upon the Collateralthis Agreement. Unless prohibited by applicable lawApplicable Law, Borrower hereby irrevocably authorizes Lender to execute and and/or file in any jurisdiction any financing statement or amendment thereto on such financing statementsBorrower’s behalf, including, without limitation, including financing statements that indicate the Collateral (i) as all assets or all personal property of such Borrower or words of to similar effect, effect or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in this Section 5.1, on Borrower’s behalf7. Borrower also hereby ratifies its authorization for Lender to have filed in any jurisdiction any like financing statements statement or amendments amendment thereto if filed prior to the date hereof. The parties agree that a 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 Lender’s request, Borrower shall also promptly execute or cause to be executed and shall deliver to Lender any and all documents, instruments and agreements deemed necessary by 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 (Proficient Auto Logistics, Inc)

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Lien Perfection; Further Assurances. Borrower shall execute Borrowers hereby authorizes such UCC-1 financing statements as are required by the UCC and such other instruments, assignments or documents as are necessary to perfect LenderAgent’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 LenderAgent’s Lien upon the Collateral. Unless prohibited by applicable law, Borrower Borrowers hereby irrevocably authorizes Lender authorize Agent to execute and and/or file any such financing statements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of 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 Borrower’s Borrowers’ behalf. Borrower Borrowers also hereby ratifies its ratify their authorization for Lender 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 LenderAgent’s request, Borrower Borrowers shall also promptly execute or cause to be executed and shall deliver to Lender Agent any and all documents, instruments and agreements deemed necessary by Lender 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. At Lender's request, Borrower shall execute execute, and shall cause each of its Subsidiaries to execute, such UCC-1 financing statements as are required by the UCC Code and such other instruments, assignments or documents as are necessary to perfect Lender’s 's Lien upon any of the Collateral and and, at Lender's request, shall take such other action as may be required directed by Lender to perfect or to continue the perfection of Lender’s 's Lien upon the Collateral. Unless prohibited by applicable lawApplicable Law, Borrower hereby irrevocably authorizes Lender to execute and file any such financing statements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of 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, statement on Borrower’s 's behalf. Borrower also hereby ratifies its authorization for 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 Lender’s 's request, Borrower shall also promptly execute or cause to be executed and shall deliver to Lender any and all documents, instruments and agreements deemed necessary by 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 (Atlantic Coast Airlines Holdings Inc)

Lien Perfection; Further Assurances. Each Borrower shall execute such UCC-1 UCC‑1 financing statements as are required by the UCC and such other instruments, assignments or documents as are necessary to perfect Lender’s 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 Lender’s Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby irrevocably authorizes Lender Agent to execute and file any such financing statementsstatement, 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 Lender 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 Lender’s Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Lender Agent any and all documents, instruments and agreements deemed necessary by Lender 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 (Mfri Inc)

Lien Perfection; Further Assurances. Borrower shall execute specifically authorizes Lender to file such UCC-1 financing statements as are required by the UCC Code and such other instruments, assignments or documents as are necessary to perfect Lender’s Lien lien upon any of the Collateral and shall to take such other action as may be required to perfect or to continue the perfection of Lender’s Lien lien upon the Collateral. Unless prohibited by applicable law, Borrower hereby irrevocably authorizes Lender to execute and file any such financing statements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of Borrower the 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 5.11.6, on the Borrower’s behalf. The Borrower also hereby ratifies its authorization for 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 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 Lender’s request, Borrower shall also promptly execute or cause to be executed and shall deliver to Lender any and all assignments, documents, instruments and agreements deemed necessary by Lender to give effect to or to carry out the terms or intent of the Loan Documents.

Appears in 1 contract

Samples: Commercial Revolving Loan and Security Agreement (Sachem Capital Corp.)

Lien Perfection; Further Assurances. Borrower Borrowers shall execute deliver such UCC-1 financing statements as are required by the UCC and shall execute and deliver such other instruments, assignments or documents as are necessary to perfect LenderAgent’s Lien upon any of the Collateral and shall take such other action as may be reasonably required to perfect or to continue the perfection of LenderAgent’s Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby irrevocably authorizes Lender Agent to execute and file any such financing statementsstatement, 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 Lender 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 LenderAgent’s request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Lender Agent any and all documents, instruments and agreements deemed necessary by Lender 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 (Rewards Network Inc)

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 Lender’s 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 Lender’s Agent's Lien upon the Collateral. Unless prohibited by applicable law, each Borrower hereby irrevocably authorizes Lender Agent to execute and file any such financing statements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of 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 each Borrower’s 's behalf. Each Borrower also hereby ratifies its authorization for Lender 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 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 Lender’s Agent's request, each Borrower shall also promptly execute or cause to be executed and shall deliver to Lender Agent any and all documents, instruments and agreements deemed necessary by Lender 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 (Velocity Express Corp)

Lien Perfection; Further Assurances. 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 Lender’s 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 Lender’s Agent's Lien upon the Collateral. Unless prohibited by applicable law, Borrower hereby irrevocably authorizes Lender Agent to execute and file any such financing statements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of 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 Borrower’s 's behalf. Borrower also hereby ratifies its authorization for Lender 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 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 Lender’s Agent's request, Borrower shall also promptly execute or cause to be executed and shall deliver to Lender Agent any and all documents, instruments and agreements deemed reasonably necessary by Lender 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 (Home Products International Inc)

Lien Perfection; Further Assurances. Borrower shall execute hereby authorizes Lender to prepare and file such UCC-1 financing statements as are required by the UCC and shall execute such other instruments, assignments or documents as are necessary to perfect Lender’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 Lender’s 's Lien upon the Collateral. Unless prohibited by applicable law, Borrower hereby irrevocably authorizes Lender to execute and file any such financing statements, including, without limitation, financing statements that indicate the Collateral (iI) as all assets of Borrower or words of similar effect, or (iiII) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in Section SECTION 5.1, on Borrower’s 's behalf. Borrower also hereby ratifies its authorization for 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 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 Lender’s 's request, Borrower shall also promptly execute or cause to be executed and shall deliver to Lender any and all documents, instruments and agreements deemed necessary by 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 (Media Sciences International Inc)

Lien Perfection; Further Assurances. Borrower shall execute such UCC-1 financing statements as are required by the UCC Code and such other instruments, assignments or documents as are necessary to perfect Lender’s 's Lien upon any of the Collateral and shall take such other action as may be required by applicable law to perfect or to continue the perfection of Lender’s 's Lien upon the Collateral, including without limitation, the execution of all instruments, documents and agreements required to have Lender's Lien noted on all certificates of title for Borrower's Property for which such a certificate has been issued and delivery to Lender of all Collateral requested by Lender to be so delivered in order for Lender to obtain a perfected Lien thereon. Unless prohibited by applicable law, and following Borrower's failure to do so after written request by Lender, Borrower hereby irrevocably authorizes Lender to execute and file any such financing statements, including, without limitation, financing statements that indicate the Collateral (i) as all assets of 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, statement on Borrower’s 's behalf. Borrower also hereby ratifies its authorization for 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 Lender’s 's request, Borrower shall also promptly execute or cause to be executed and shall deliver to Lender any and all documents, instruments and agreements deemed necessary by Lender to give effect to or carry out the terms or intent of the Loan Documents, including, without limitation, delivery of all landlord/ warehousemen lien subordination/waiver agreements requested by Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Electronics Boutique Holdings Corp)

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