Preservation and Protection of Security Interests. Borrower shall:
(a) upon the acquisition after the date hereof by Borrower of any securities Collateral, promptly either (x) transfer and deliver to Holder all such securities Collateral (together with the certificates representing such securities Collateral duly endorsed in blank or accompanied by undated stock powers duly executed in blank) or (y) take such other action as Holder shall deem necessary or appropriate to perfect, and establish the priority of, the liens granted by this Note in such securities Collateral;
(b) upon the acquisition after the date hereof by Borrower of any instrument Collateral, promptly deliver and pledge to Holder all such instruments, endorsed or accompanied by such instruments of assignment and transfer in such form and substance as Holder may request;
(c) upon the acquisition after the date hereof by Borrower of any motor vehicle, promptly deliver to Holder originals of the certificates of title or ownership for such motor vehicles with Holder listed as lienholder, together with the manufacturer's statement of origin and odometer statements; provided, however, if the motor vehicle to be acquired is subject to a purchase money security interest, Holder shall be listed as a junior lienholder to the person holding such purchase money security interest;
(d) without limiting the obligations of Borrower under Section 1.5(c), upon the acquisition after date hereof by Borrower of any equipment covered by a certificate of title or ownership, promptly cause Holder to be listed as the lienholder on such certificate of title and within 120 days of the acquisition of such equipment deliver evidence of the same to Holder;
(e) upon Borrower’s acquiring, or otherwise becoming entitled to the benefits of, any copyright (or copyrightable material), patent (or patentable invention), trademark (or associated goodwill) or other intellectual property or upon or prior to Borrower’s filing, either directly or through any agent, licensee or other designee, of any application with any governmental authority for any copyright, patent, trademark, or other intellectual property, in each case after the date hereof, execute and deliver such contracts, agreements and other instruments as Holder may request to evidence, validate, perfect and establish the priority of the liens granted by this Note in such and any related intellectual property; and
(f) give, execute, deliver, file or record any and all collateral assignments, financing statements, notices,...
Preservation and Protection of Security Interests. Debtor shall faithfully preserve and protect Secured Party's security interest in the Collateral and shall, at its own cost and expense, cause such security interest to be perfected and continue perfected so long as the Secured Obligations or any portion thereof are outstanding and unpaid, and for such purpose Debtor shall from time to time at the request of Secured Party file or record, or cause to be filed or recorded, such instruments, documents and notices, including without limitation financing and continuation statements, as Secured Party may deem necessary or advisable from time to time in order to preserve, perfect and continue perfected said security interest prior to the rights of any secured party or lien creditor. Debtor shall do all such other acts and things and shall execute and deliver all such other instruments and documents, including without limitation further security agreements, pledges, endorsements, assignments and notices, as Secured Party may deem necessary or advisable from time to time in order to perfect and preserve the priority of said security interest as a perfected lien in the Collateral prior to the rights of any secured party or lien creditor. Secured Party, and its officers, employees and authorized agents, or any of them, are hereby irrevocably appointed the attorneys-in-fact of Debtor to do all acts and things which Secured Party may deem necessary or advisable to preserve, perfect and continue perfected Secured Party's security interest in the Collateral, including without limitation the signing of financing, continuation or other similar statements and notices on behalf of Debtor.
Preservation and Protection of Security Interests. The Obligor shall:
i. upon the acquisition after the date hereof by the Obligor of any Stock Collateral, promptly either (x) transfer and deliver to Netgateway all such Stock Collateral (together with the certificates representing such Stock Collateral securities duly endorsed in blank or accompanied by undated stock powers duly executed in blank) or (y) take such other action as Netgateway shall deem necessary or appropriate to perfect, and establish the priority of, the liens granted by this Agreement in such Stock Collateral; and
ii. give, execute, deliver, file or record any and all financing statements, notices, contracts, agreements or other instruments, obtain any and all governmental approvals and take any and all steps that may be necessary or as Netgateway may request to create, perfect, establish the priority of, or to preserve the validity, perfection or priority of the liens granted by this Agreement or to enable Netgateway to exercise and enforce its rights, remedies, powers and privileges under this Agreement with respect to such liens, including causing any or all of the Stock Collateral to be transferred of record into the name of Netgateway or its nominee (and Netgateway agrees that if any Stock Collateral is transferred into its name or the name of its nominee, Netgateway will thereafter promptly give to the Obligor copies of any notices and communications received by it with respect to the Stock Collateral pledged by the Obligor).
Preservation and Protection of Security Interests. The Company shall:
(a) upon the acquisition after the date of this Agreement by the Company of any instrument or chattel paper evidencing all or any part of the interests constituting the Collateral, promptly deliver and pledge to the Secured Party all such instruments or chattel paper, endorsed or accompanied by such instruments of assignment and transfer in such form and substance as the Secured Party may request; and
(b) give, execute, deliver, file or record any and all financing statements, notices, contracts, agreements or other instruments, obtain any and all governmental approvals and take any and all steps that may be necessary or as the Secured Party may request to create, perfect, establish the priority of, or to preserve the validity, perfection or priority of, the Lien granted by this Agreement or to enable the Secured Party to exercise and enforce its rights, remedies, powers and privileges under this Agreement with respect to such Lien.
Preservation and Protection of Security Interests. The Obligor shall:
(a) upon the acquisition after the Signing Date by the Obligor of any Stock Collateral, promptly either (x) transfer and deliver to the Trustee all such Stock Collateral (together with the certificates representing such Stock Collateral securities duly endorsed in blank or accompanied by undated stock powers duly executed in blank) or (y) take such other action as the Trustee shall deem reasonably necessary or appropriate to perfect, and establish the priority of, the Liens granted by this Agreement in such Stock Collateral; and
(b) give, execute, deliver, file or record any and all financing statements, notices, contracts, agreements or other instruments, obtain any and all approvals required by any governmental agencies and take any and all steps that may be necessary or as the Trustee may request to create, perfect, establish the priority (subject only to Liens permitted under Section 4.12 of the Indenture) of, or to preserve the validity, perfection or priority (subject only to such permitted Liens) of, the Liens granted by this Agreement or to enable the Trustee to exercise and enforce its rights, remedies, powers and privileges under this Agreement with respect to such Liens, including causing any or all of the Stock Collateral to be transferred of record into the name of the Trustee or its nominee (and the Trustee agrees that if any Stock Collateral is transferred into its name or the name of its nominee, the Trustee will thereafter promptly give to the Obligor copies of any notices and communications received by it with respect to the Stock Collateral pledged by the Obligor).
Preservation and Protection of Security Interests. The Obligor will give, execute, deliver, file or record any and all financing statements, notices, contracts, agreements or other instruments, obtain any and all Governmental Approvals and take any and all steps that may be necessary or as the Lenders reasonably may request to create, perfect, establish the priority of, or to preserve the validity, perfection or priority of, the Liens granted by this Agreement or to enable the Lenders to exercise and enforce their rights, remedies, powers and privileges under this Agreement with respect to those Liens.
Preservation and Protection of Security Interests. The Pledgor shall:
(a) upon the acquisition after the date of this Agreement by the Pledgor of any Equity Collateral, promptly either (x) transfer and deliver to the Pledgee all such Equity Collateral (together with, if applicable, the certificates representing such Equity Collateral duly endorsed in blank or accompanied by undated powers duly executed in blank or such instruments of transfer as the Pledgee shall direct in its discretion to effectuate the purposes of this Agreement) or (y) take such other action as the Pledgee shall deem reasonably necessary or appropriate to perfect, and establish the priority of, the Liens granted by this Agreement in such Equity Collateral; and
(b) give, execute, deliver, file or record any and all financing statements, notices, contracts, agreements or other instruments, obtain any and all governmental approvals and take such steps as are reasonably necessary to create, perfect, establish the priority of, or to preserve the validity, perfection or priority of, the Liens granted by this Agreement or to enable the Pledgee to exercise and enforce its rights, remedies, powers and privileges under this Agreement with respect to such Liens, including causing any or all of the Equity Collateral to be transferred of record into the name of the Pledgee or its nominee (and the Pledgee agrees that if any Equity Collateral is transferred into its name or the name of its nominee, the Pledgee will thereafter promptly give to the Pledgee copies of any notices and communications received by it with respect to the Equity Collateral pledged by the Pledgor).
Preservation and Protection of Security Interests. The Company shall give, execute, deliver, file or record any and all financing statements, notices, contracts, agreements or other instruments, obtain any and all Governmental Authorizations and take any and all steps as may be necessary or as the Agent may reasonably request to create, perfect, establish the priority of, or to preserve the validity, perfection or priority of, the Liens granted by this Security Agreement or to enable the Agent to exercise and enforce its rights, remedies, powers and privileges under this Security Agreement with respect to such Liens.
Preservation and Protection of Security Interests. The Borrower shall:
(a) subject to Section 2.05, upon the acquisition after the date hereof by the Borrower of any Instruments comprising any part of the Collateral, promptly deliver and pledge to the Collateral Agent all such Instruments, endorsed or accompanied by such instruments of assignment and transfer in such form and substance as the Collateral Agent may reasonably request;
(b) give, execute, deliver, file or record any and all financing statements, notices, contracts, agreements or other instruments, obtain any and all Government Approvals and take any and all steps that may be necessary or as the Collateral Agent may reasonably request to create, perfect, establish the priority of, or to preserve the validity, perfection or priority of, the Liens granted by this Agreement or to enable the Collateral Agent to exercise and enforce its rights, remedies, powers and privileges under this Agreement with respect to such Liens;
(c) maintain, hold and preserve full and accurate Records concerning the Collateral, and stamp or otherwise xxxx such Records in such manner as may reasonably be required in order to reflect the Liens granted by this Agreement; and
(d) at any time upon request of the Collateral Agent, cause the Collateral Agent to be listed as the lienholder on any certificate of title or ownership covering any Motor Vehicle (other than Motor Vehicles constituting Inventory) and within 120 days of such request deliver evidence of the same to the Agent.
Preservation and Protection of Security Interests. Obligor shall:
(a) upon the acquisition after the date hereof by Obligor of any Ownership Collateral, promptly either (i) transfer and deliver to Lender all such Ownership 7 PLEDGE AGREEMENT Collateral (together with the certificates (if any) representing such Ownership Collateral duly endorsed in blank or accompanied by undated membership interest powers, endorsements or similar document duly executed in blank) or (ii) take such other action as Lender deems necessary or appropriate to create, perfect and establish the priority of, the Liens granted by this Agreement in such Ownership Collateral;
(b) give, execute, deliver, file or record any and all financing statements, notices, contracts, agreements or other instruments, obtain all Permits and take any and all steps that may be necessary or as Lender may request to create, perfect, establish the first priority of, or to preserve the validity, perfection or the priority of, the Liens granted by this Agreement or to enable Lender to exercise and enforce its rights, remedies, powers and privileges under this Agreement with respect to those Liens; and
(c) furnish to Lender from time to time statements and schedules further identifying and describing the Collateral pledged by Obligor hereunder and such other reports in connection with the Collateral pledged by Obligor hereunder as Lender may request, all in reasonable detail.
