Common use of Preservation and Perfection of Security Interests Clause in Contracts

Preservation and Perfection of Security Interests. In connection with the Security Agreement, the Company previously delivered to JNC one or more Uniform Commercial Code Form 1 Financing Statements (collectively, "UCC Form 1") with respect to the Security Interest. In addition, the Company shall, as required from time to time by JNC, execute and deliver or endorse any and all instruments, documents, conveyances, assignments, security agreements, additional financing statements, continuation statements, and other agreements and writings which JNC may request in order to create, perfect, or continue the Security Interest or which JNC may otherwise reasonably request in order to secure, protect or enforce the Security Interest or the rights of JNC under this Security Agreement (but any failure to request or assure that the Company execute, deliver or endorse any such item shall not affect nor impair the validity, sufficiency or enforceability of this Security Agreement or any security interests granted herein, regardless of whether any such item was or was not executed, delivered or endorsed in a similar context or on a prior occasion). A carbon, photographic or other reproduction of this Security Agreement or of a financing statement is sufficient as a financing statement.

Appears in 1 contract

Samples: Security Agreement (Innovacom Inc)

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Preservation and Perfection of Security Interests. In connection with the June 29th Security Agreement, the Company previously delivered to JNC one or more Uniform Commercial Code Form 1 Financing Statements (collectively, "UCC Form 1") with respect to the Security Interest. In addition, the Company shall, as required from time to time by JNC, execute and deliver or endorse any and all instruments, documents, conveyances, assignments, security agreements, additional financing statements, continuation statements, and other agreements and writings which JNC may request in order to create, perfect, or continue the Security Interest or which JNC may otherwise reasonably request in order to secure, protect or enforce the Security Interest or the rights of JNC under this Security Agreement (but any failure to request or assure that the Company execute, deliver or endorse any such item shall not affect nor impair the validity, sufficiency or enforceability of this Security Agreement or any security interests granted herein, regardless of whether any such item was or was not executed, delivered or endorsed in a similar context or on a prior occasion). A carbon, photographic or other reproduction of this Security Agreement or of a financing statement is sufficient as a financing statement.

Appears in 1 contract

Samples: Security Agreement (Innovacom Inc)

Preservation and Perfection of Security Interests. In connection with the Security ------------------------------------------------- Agreement, the Company previously delivered to JNC one or more Uniform Commercial Code Form 1 Financing Statements (collectively, "UCC Form 1") with respect to the Security Interest. In addition, the Company shall, as required from time to time by JNC, execute and deliver or endorse any and all instruments, documents, conveyances, assignments, security agreements, additional financing statements, continuation statements, and other agreements and writings which JNC may request in order to create, perfect, or continue the Security Interest or which JNC may otherwise reasonably request in order to secure, protect or enforce the Security Interest or the rights of JNC under this Security Agreement (but any failure to request or assure that the Company execute, deliver or endorse any such item shall not affect nor impair the validity, sufficiency or enforceability of this Security Agreement or any security interests granted herein, regardless of whether any such item was or was not executed, delivered or endorsed in a similar context or on a prior occasion). A carbon, photographic or other reproduction of this Security Agreement or of a financing statement is sufficient as a financing statement.

Appears in 1 contract

Samples: Security Agreement (Innovacom Inc)

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Preservation and Perfection of Security Interests. In connection with the June 29th Security Agreement, the Company previously delivered to JNC one or more Uniform Commercial Code Form 1 Financing Statements (collectively, "UCC Form 1") with respect to the Security Interest. In addition, the Company shall, as required from time to time by JNC, execute and deliver or endorse any and all instruments, documents, conveyances, ,assignments, security agreements, additional financing statements, continuation statements, and other agreements and writings which JNC may request in order to create, perfect, or continue the Security Interest or which JNC may otherwise reasonably request in order to secure, protect or enforce the Security Interest or the rights of JNC under this Security Agreement (but any failure to request or assure that the Company execute, deliver or endorse any such item shall not affect nor impair the validity, sufficiency or enforceability of this Security Agreement or any security interests granted herein, regardless of whether any such item was or was not executed, delivered or endorsed in a similar context or on a prior occasion). A carbon, photographic or other reproduction of this Security Agreement or of a financing statement is sufficient as a financing statement.

Appears in 1 contract

Samples: Security Agreement (Innovacom Inc)

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