Common use of Perfection by Filing Clause in Contracts

Perfection by Filing. Debtor hereby specifically authorizes Secured Parties at any time and from time to time to file financing statements, continuation statements and amendments thereto that describe the Collateral and contain any other information required by Article 9 of the Uniform Commercial Code, as enacted in New York (the “UCC”) for the sufficiency or filing office acceptance of any financing statement, continuation statement or amendment, including whether Debtor is an organization, the type of organization and any organization identification number issued to Debtor. Debtor agrees to furnish any such information to the Secured Parties promptly upon request. Any such financing statements, continuation statements or amendments may be signed by an agent of Secured Parties on behalf of Debtor and may be filed at any time in any jurisdiction. Debtor hereby irrevocably constitutes and appoints Secured Parties and any officer or agent thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of Debtor and in the name of Debtor or in its own name, from time to time in such Secured Parties’ discretion, for the limited purpose of carrying out the terms of this subsection regarding perfection by filing. Debtor hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this subsection are coupled with an interest and are irrevocable until all of the Obligations (as defined in the Loan Documents) have been paid and satisfied in full.

Perfection by Filing. Debtor Borrower hereby specifically authorizes Secured Parties Lender at any time and from time to time to file financing statements, continuation statements and amendments thereto that describe the Collateral and contain any other information required by Part 5 of Revised Article 9 of the Uniform Commercial Code, as enacted in New York (the “UCC”) for the sufficiency or filing office acceptance of any financing statement, continuation statement or amendment, including whether Debtor Borrower is an organization, the type of organization and any organization identification number issued to DebtorBorrower. Debtor Borrower agrees to furnish any such information to the Secured Parties Lender promptly upon request. Any such financing statements, continuation statements or amendments may be signed by an agent of Secured Parties Lender on behalf of Debtor Borrower and may be filed at any time in any jurisdiction whether or not Revised Article 9 is then in effect in such jurisdiction. Debtor Borrower hereby irrevocably constitutes and appoints Secured Parties Lender and any officer or agent thereof, with full power of substitution, as its true and lawful attorneyattomey-in-fact with full irrevocable power and authority in the place and stead of Debtor Borrower and in the name of Debtor Borrower or in its own name, from time to time in such Secured Parties’ Lender’s discretion, for the limited purpose of carrying out the terms of this subsection regarding perfection by filing. Debtor Borrower hereby ratifies all that said attorneys shall lawfully do or cause to be done by virtue hereof. All powers, authorizations and agencies contained in this subsection are coupled with an interest and are irrevocable until all of the Obligations (as defined in the Loan Documents) have been paid and satisfied in full.