Common use of Other Perfection, etc Clause in Contracts

Other Perfection, etc. The Borrower shall at any time and ----------------------- from time to time, whether or not Article 9 is in effect in any particular jurisdiction, take such steps as the Lender may reasonably request for the Lender (a) to obtain an acknowledgment, in form and substance satisfactory to the Lender, of any bailee having possession of any of the Collateral that the bailee holds such Collateral for the Lender, (b) to obtain "control" of any investment property, deposit accounts, letter-of-credit rights or electronic chattel paper (as such terms are defined in Article 9 with corresponding provisions in Rev. xx.xx. 9-104, 9-105, 9-106 and 9-107 relating to what constitutes "control" for such items of Collateral), with any agreements establishing control to be in form and substance satisfactory to the Lender, and (c) otherwise to insure the continued perfection and priority of the Lender's security interest in any of the Collateral and of the preservation of its rights therein.

Appears in 1 contract

Samples: Loan and Security Agreement (Ronson Corp)

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Other Perfection, etc. The Borrower shall at any time and ----------------------- from time to time, whether or not Revised Article 9 is in effect in any particular jurisdiction, take such steps as the Lender Bank may reasonably request for the Lender Bank (a) to obtain an acknowledgmentacknowledgement, in form and substance satisfactory to the LenderBank, of any bailee having possession of any of the Collateral Collateral, that the bailee holds such Collateral for the LenderBank, (b) to obtain "control" of any investment property, deposit accounts, letter-of-credit rights or electronic chattel chatter paper (as such terms are defined in Revised Article 9 with corresponding provisions in Rev. xx.xx. Sections 9-104, 9-105, 9-106 and 9-107 of Revised Article 9 relating to what constitutes "control" for such items of Collateral), with any agreements establishing control to be in form and substance satisfactory to the LenderBank, and (c) otherwise to insure the continued perfection and priority of the LenderBank's security interest in any of the Collateral and of the preservation of its rights therein, whether in anticipation, and following the effectiveness, of Revised Article 9 in any jurisdiction.

Appears in 1 contract

Samples: Loan and Security Agreement (Evolve Software Inc)

Other Perfection, etc. The Borrower shall at any time and ----------------------- from time to time, whether or not Revised Article 9 is in effect in any particular jurisdiction, take such steps as the Lender Bank may reasonably request for the Lender Bank (ai) to obtain an acknowledgmentacknowledgement, in form and substance satisfactory to the LenderBank, of any bailee having possession of any of the Collateral that the bailee holds such Collateral for the LenderBank, (bii) to obtain "control" of any investment property, deposit accounts, letter-of-credit rights or electronic chattel paper (as such terms are defined in Revised Article 9 with corresponding provisions in Rev. xx.xxss.ss. 9-104, 9-105, 9-106 and 9-107 relating to what constitutes "controlcxxxxxl" for such items of Collateral), with any agreements establishing control to be in form and substance satisfactory to the LenderBank, and (ciii) otherwise to insure the continued perfection and priority of the LenderBank's security interest in any of the Collateral and of the preservation of its rights therein., whether in anticipation and following the effectiveness of Revised Article 9 in any jurisdiction. (d)

Appears in 1 contract

Samples: Loan and Security Agreement (Annies Homegrown Inc)

Other Perfection, etc. The Borrower shall at any time and ----------------------- from --------------------- time to time, whether or not Revised Article 9 is in effect in any particular jurisdiction, take such steps as the Lender Bank may reasonably request for the Lender Bank (a) to obtain an acknowledgmentacknowledgement, in form and substance satisfactory to the LenderBank, of any bailee having possession of any of the Security Collateral that the bailee holds such Security Collateral for the LenderBank, (b) to obtain "control" of any investment property, deposit accounts, letter-of-credit rights or electronic chattel paper (as such terms are defined in Revised Article 9 with corresponding provisions in Rev. xx.xx. 9Rev Section9-104, 9-105, 9-106 and 9-107 relating to what constitutes "control" for such items of Security Collateral), with any agreements establishing control to be in form and substance satisfactory to the Lendertot he Bank, and (c) otherwise to insure the continued perfection and priority of the LenderBank's security interest in any of the Security Collateral and of the preservation of its rights rights, therein, following the effectiveness of Revised Article 9 in any jurisdiction.

Appears in 1 contract

Samples: Credit Agreement (Channell Commercial Corp)

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Other Perfection, etc. The Borrower Saddlery shall at any time and ----------------------- from time to time, whether or not Revised Article 9 is in effect in any particular jurisdiction, take such steps as the Lender Bank may reasonably request for the Lender Bank (a) to obtain an acknowledgment, in form and substance satisfactory to the LenderBank, of any bailee having possession of any of the Collateral that the bailee holds such Collateral for the LenderBank, (b) to obtain "control" of any investment property, deposit accounts, letter-of-credit rights or electronic chattel paper (as such terms are defined in Revised Article 9 with corresponding provisions in Rev. xx.xx. Sections 9-104, 9104,9-105, 9105,9-106 and 9-107 relating to what constitutes "control" for such items of Collateral), with any agreements establishing control to be in the form and substance satisfactory to the LenderBank, and (c) otherwise to insure the continued perfection and priority of the LenderBank's security interest in any of the Collateral and of the preservation of its rights therein.

Appears in 1 contract

Samples: Security Agreement (Dover Saddlery Inc)

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