Common use of Other Perfection, etc Clause in Contracts

Other Perfection, etc. At any time and from time to time, Borrower shall, whether or not Revised Article 9 is in effect in any applicable jurisdiction, take such steps as the Lender may reasonably request for Borrower (i) to obtain an acknowledgment, in form and substance reasonably satisfactory to Lender, of any bailee having possession of any of the Collateral, that such bailee holds such Collateral for the Lender, (ii) 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) as set forth in Revised Article 9, and, where control is established by written agreement, such agreement shall be in form and substance reasonably satisfactory to Lender, and (iii) otherwise to insure the continued perfection and priority of Lender’s security interest in any of the Collateral and of the preservation of its rights therein, whether in anticipation of or following the effectiveness of Revised Article 9 in any applicable jurisdiction.

Other Perfection, etc. At any time and from time to time, Borrower each Obligor shall, whether or not Revised Article 9 is in effect in any applicable jurisdiction, take such steps as the Lender Agent may reasonably request for Borrower the Agent (ia) to obtain an acknowledgment, in form and substance reasonably satisfactory to Lenderthe Agent, of any bailee having possession of any of the Collateral, that such bailee holds such Collateral for the LenderAgent, (iib) to obtain control "control" of any investment property, deposit accounts, letter-of-credit rights or electronic chattel paper (as such terms are defined in Revised Article 9) as set forth in Revised Article 9, and, where control is established by written agreement, such agreement shall be in form and substance reasonably satisfactory to Lenderthe Agent, and (iiic) otherwise to insure the continued perfection and priority of Lender’s the Agent's security interest in any of the Collateral and of the preservation of its rights therein, whether in anticipation of or following the effectiveness of Revised Article 9 in any applicable jurisdiction.