Common use of Lien Perfection; Further Assurances Clause in Contracts

Lien Perfection; Further Assurances. Promptly after Lender’s request therefor, Borrowers shall execute or cause to be executed and deliver to Lender such instruments, assignments, title certificates or other documents as are necessary under the UCC or other Applicable Law (including any motor vehicle certificate of title acts) to perfect (or continue the perfection of) Lender’s Lien upon the Collateral and shall take such other action as may be requested by Lender to give effect to or carry out the intent and purposes of this Agreement. Unless prohibited by Applicable Law, each Borrower hereby irrevocably authorizes Lender to execute and file in any jurisdiction any financing statement or amendment thereto on such Borrower’s behalf, including financing statements that indicate the Collateral as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in this Section 6. Each Borrower also hereby ratifies its authorization for Lender to have filed in any jurisdiction any like financing statement or amendment thereto if filed prior to the date hereof. To the extent permitted by Applicable Law, 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Artesyn Technologies Inc)

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Lien Perfection; Further Assurances. Promptly after Lender’s Agent's request therefor, Borrowers Borrower shall execute or cause to be executed and deliver to Lender Agent such instruments, assignments, title certificates or other documents as are necessary under the UCC or other Applicable Law (including any motor vehicle certificate certificates of title actsact) to perfect (or continue the perfection of) Lender’s Agent's Lien upon the Collateral Collateral, and shall take such other action as may be requested by Lender Agent to give effect to or carry out the intent and purposes of this Agreement. Borrower shall give Agent prompt written notice at any time Borrower commences a Commercial Tort Claim against any Person in excess of $500,000 and shall execute such documents as are necessary under the UCC to grant to Agent and perfect Agent's Lien in such Commercial Tort Claim. Unless prohibited by Applicable Law, each Borrower hereby irrevocably authorizes Lender Agent to execute and and/or file in any jurisdiction any financing statement or amendment thereto on such Borrower’s 's behalf, including financing statements that indicate the Collateral (i) as all assets or all personal property of Borrower or words to similar effect or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in this Section 6. Each Borrower also hereby ratifies its authorization for Lender Agent to have filed in any jurisdiction any like financing statement statements or amendment amendments thereto if filed prior to the date hereof. To the extent permitted by Applicable Law, the 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Dixie Group Inc)

Lien Perfection; Further Assurances. Promptly after Lender’s Agent's request therefor, Borrowers Borrower shall execute or cause to be executed and deliver to Lender Agent such instruments, assignments, title certificates or other documents as are necessary under the UCC or other Applicable Law (including any motor vehicle certificate certificates of title actsact) to perfect (or continue the perfection of) Lender’s Agent's Lien upon the Collateral Collateral, and shall take such other action as may be requested by Lender Agent to give effect to or carry out the intent and purposes of this Agreement. Borrower shall give Agent prompt written notice at any time Borrower commences a material Commercial Tort Claim against any Person and shall execute such documents as are necessary under the UCC to grant to Agent and perfect Agent's Lien in such Commercial Tort Claim. Unless prohibited by Applicable Law, each Borrower hereby irrevocably authorizes Lender Agent to execute and and/or file in any jurisdiction any financing statement or amendment thereto on such Borrower’s 's behalf, including financing statements that indicate the Collateral (i) as all assets or all personal property of Borrower or words to similar effect or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in this Section 6. Each Borrower also hereby ratifies its authorization for Lender Agent to have filed in any jurisdiction any like financing statement statements or amendment amendments thereto if filed prior to the date hereof. To the extent permitted by Applicable Law, the 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Dixie Group Inc)

Lien Perfection; Further Assurances. Promptly after Lender’s Agent's request therefor, Borrowers shall execute or cause to be executed and deliver to Lender Agent such instruments, assignments, title certificates or other documents as are necessary under the UCC or other Applicable Law (including any motor vehicle certificate certificates of title actsact) to perfect (or continue the perfection of) Lender’s Agent's Lien upon the Collateral and shall take such other action as may be requested by Lender Agent to give effect to or carry out the intent and purposes of this Agreement. Unless prohibited by Applicable Law, each Borrower hereby irrevocably authorizes Lender Agent to execute and file in any jurisdiction any financing statement or amendment thereto on such Borrower’s 's behalf, including financing statements that indicate the Collateral (i) as all assets or all personal property of such Borrower or words to similar effect or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in this Section SECTION 6. Each Borrower also hereby ratifies its authorization for Lender Agent to have filed in any jurisdiction any like financing statement or amendment thereto if filed prior to the date hereof. To the extent permitted by Applicable Law, the 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Tropical Sportswear International Corp)

Lien Perfection; Further Assurances. Promptly after Lender’s 's request therefor, Borrowers shall execute or cause to be executed and deliver to Lender such instruments, assignments, title certificates or other documents as are necessary under the UCC or other Applicable Law (including any motor vehicle certificate of title acts) to perfect (or continue the perfection of) Lender’s Lien upon 's security interest in the Collateral and shall take such other action as may be requested by Lender to give effect to or carry out the intent and purposes of this Agreement. Unless prohibited by Applicable Law, each Borrower hereby irrevocably authorizes Lender to execute and file in any jurisdiction any financing statement or amendment thereto on such Borrower’s 's behalf, including financing statements that indicate the Collateral (i) as all assets or all personal property of Borrowers or words to similar effect or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in this Section 6SECTION 7. Each Borrower Borrowers also hereby ratifies its authorization for ratify any filing by Lender to have filed in any jurisdiction any like financing statement or amendment thereto if filed prior to the date hereof. To the extent permitted by Applicable Law, the 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Proxymed Inc /Ft Lauderdale/)

Lien Perfection; Further Assurances. Promptly after LenderAgent’s request therefor, Borrowers shall execute or cause to be executed and deliver to Lender Agent such instruments, assignments, title certificates or other documents as are necessary under the UCC or other Applicable Law (including any motor vehicle certificate of title acts) to perfect (or continue the perfection of) LenderAgent’s Lien upon the Collateral Collateral, and shall take such other action as may be requested by Lender Agent to give effect to or carry out the intent and purposes of this Agreement. Borrowers shall give Agent prompt written notice at any time a Borrower commences a material Commercial Tort Claim against any Person and shall execute such documents as are necessary under the UCC to grant to Agent and perfect Agent’s Lien in such Commercial Tort Claim. Unless prohibited by Applicable Law, each Borrower hereby irrevocably authorizes Lender Agent to execute and file in any jurisdiction any financing statement or amendment thereto on such each Borrower’s behalf, including financing statements that indicate the Collateral (i) as all assets or all personal property of each Borrower (other than the Investment Real Estate) or words to similar effect or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in this Section 6. Each Borrower also hereby ratifies its authorization for Lender Agent to have filed in any jurisdiction any like financing statement or amendment thereto if filed prior to the date hereof. To the extent permitted by Applicable Law, the 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Rowe Companies)

Lien Perfection; Further Assurances. Promptly after Lender’s 's request therefor, Borrowers shall execute or cause to be executed and deliver to Lender such instruments, assignments, title certificates or other documents as are necessary under the UCC or other Applicable Law (including any motor vehicle certificate of title acts) to perfect (or continue the perfection of) Lender’s 's Lien upon the Collateral and shall take such other action as may be requested by Lender to give effect to or carry out the intent and purposes of this Agreement. Unless prohibited by Applicable Law, each Borrower hereby irrevocably authorizes Lender to execute and file in any jurisdiction any financing statement or amendment thereto on such Borrower’s 's behalf, including financing statements that indicate the Collateral as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in this Section SECTION 6. Each Borrower also hereby ratifies its authorization for Lender to have filed in any jurisdiction any like financing statement or amendment thereto if filed prior to the date hereof. To the extent permitted by Applicable Law, 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Sed International Holdings Inc)

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Lien Perfection; Further Assurances. Promptly after Lender’s Agent's request therefor, Borrowers Obligors shall execute or cause to be executed and deliver to Lender Agent such instruments, assignments, title certificates or other documents as are necessary under the UCC UCC, the PPSA or other Applicable Law (including any motor vehicle certificate certificates of title actsact) to perfect (or continue the perfection of) Lender’s Agent's Lien upon the Collateral and shall take such other action as may be requested by Lender Agent to give effect to or carry out the intent and purposes of this Agreement. Unless prohibited by Applicable Law, each Borrower Obligor hereby irrevocably authorizes Lender Agent to execute and file in any jurisdiction any financing statement or amendment thereto on such Borrower’s Obligor's behalf, including financing statements that indicate the Collateral (i) as all assets or all personal property of such Obligor or words to similar effect or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in this Section 6SECTION 7. Each Borrower Obligor also hereby ratifies its authorization for Lender Agent to have filed in any jurisdiction any like financing statement (or equivalent document in any applicable jurisdiction) or amendment thereto if filed prior to the date hereof. To The parties agree that, to the extent permitted by Applicable Law, 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Mastec Inc)

Lien Perfection; Further Assurances. Promptly after LenderAgent’s request therefor, Borrowers Obligors shall execute or cause to be executed and deliver to Lender Agent such instruments, assignments, title certificates or other documents as are necessary under the UCC UCC, the PPSA or other Applicable Law (including any motor vehicle certificate certificates of title actsact) to perfect (or continue the perfection of) LenderAgent’s Lien upon the Collateral and shall take such other action as may be requested by Lender Agent to give effect to or carry out the intent and purposes of this Agreement. Unless prohibited by Applicable Law, each Borrower Obligor hereby irrevocably authorizes Lender Agent to execute and file in any jurisdiction any financing statement or amendment thereto on such BorrowerObligor’s behalf, including financing statements that indicate the Collateral (i) as all assets or all personal property of such Obligor or words to similar effect or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in this Section 67. Each Borrower Obligor also hereby ratifies its authorization for Lender Agent to have filed in any jurisdiction any like financing statement (or equivalent document in any applicable jurisdiction) or amendment thereto if filed prior to the date hereof. To The parties agree that, to the extent permitted by Applicable Law, 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Mastec Inc)

Lien Perfection; Further Assurances. Promptly after Lender’s 's request therefor, Borrowers Borrower shall execute or cause to be executed and deliver to Lender such instruments, assignments, title certificates or other documents as are necessary under the UCC or other Applicable Law (including any motor vehicle certificate certificates of title actsact) to perfect (or continue the perfection of) Lender’s 's Lien upon the Collateral and shall take such other action as may be requested by Lender to give effect to or carry out the intent and purposes of this Agreement. Unless prohibited by Applicable Law, each Borrower hereby irrevocably authorizes Lender to execute and file in any jurisdiction any financing statement or amendment thereto on such Borrower’s 's behalf, including financing statements that indicate the Collateral (i) as all assets or all personal property of Borrower or words to similar effect or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in this Section 6. Each Borrower also hereby ratifies its authorization for Lender to have filed in any jurisdiction any like financing statement or amendment thereto if filed prior to the date hereof. To the extent permitted by Applicable Law, the 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Tropical Sportswear International Corp)

Lien Perfection; Further Assurances. Promptly after Lender’s Agent's request therefor, Borrowers shall execute or cause to be executed and deliver to Lender Agent such instruments, assignments, title certificates or other documents as are necessary under the UCC or other Applicable Law (including any motor vehicle certificate certificates of title actsact) to perfect (or continue the perfection of) Lender’s Agent's Lien upon the Collateral and shall take such other action as may be requested by Lender Agent to give effect to or carry out the intent and purposes of this Agreement. Unless prohibited by Applicable Law, each Borrower hereby irrevocably authorizes Lender Agent to execute and file in any jurisdiction any financing statement or amendment thereto on such Borrower’s 's behalf, including financing statements that indicate the Collateral (i) as all assets or all personal property of such Borrower or words to similar effect or (ii) as being of an equal or lesser scope, or with greater or lesser detail, than as set forth in this Section 6. Each Borrower also hereby ratifies its authorization for Lender Agent to have filed in any jurisdiction any like financing statement or amendment thereto if filed prior to the date hereof. To the extent permitted by Applicable Law, the 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.

Appears in 1 contract

Samples: Loan and Security Agreement (Tropical Sportswear International Corp)

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