Common use of Preservation of Collateral and Perfection of Security Interest Therein Clause in Contracts

Preservation of Collateral and Perfection of Security Interest Therein. Each Borrower shall, at Lender’s request, at any time and from time to time, authenticate, execute and deliver to Lender such financing statements, documents and other agreements and instruments (and pay the cost of filing or recording the same in all public offices deemed necessary or desirable by Lender) and do such other acts and things or cause third parties to do such other acts and things as Lender may deem necessary or desirable in its sole and absolute discretion in order to establish and maintain a valid, attached and perfected security interest in the Collateral in. favor of Lender (free and clear of all other liens, claims, encumbrances and rights of third parties whatsoever, whether voluntarily or involuntarily created, except Permitted Liens) to secure payment of the Obligations and to facilitate the collection of the Collateral. Each Borrower authorizes Lender to file, transmit, or communicate, as applicable, financing statements and amendments describing the Collateral (including, with respect to Wave2Wave, as “all personal property of debtor” or “all assets of debtor” or words of similar effect), in order to perfect Lender’s security interest in the Collateral without such Borrower’s signature. Each Borrower also hereby ratifies its authorization for Lender to have filed in any jurisdiction any financing statements filed prior to the date hereof.

Preservation of Collateral and Perfection of Security Interest Therein. Each Borrower shall, at Lender’s 's request, at any time and from time to time, authenticate, execute and deliver to Lender such financing statements, documents and other agreements and instruments (and pay the cost of filing or recording the same in all public offices deemed necessary or desirable by Lender) and do such other acts and things or cause third parties to do such other acts and things as Lender may deem necessary or desirable in its sole and absolute discretion in order to establish and maintain a valid, attached and perfected security interest in the Collateral in. in favor of Lender (free and clear of all other liens, claims, encumbrances and rights of third parties whatsoever, whether voluntarily or involuntarily created, except Permitted Liens) to secure payment of the Obligations and to facilitate the collection of the Collateral. Each Borrower authorizes Lender to file, transmit, or communicate, as applicable, financing statements and amendments describing the Collateral (including, with respect to Wave2Wave, as “"all personal property of debtor” " or “"all assets of debtor” " or words of similar effect), in order to perfect Lender’s Agent's security interest in the Collateral without such any Borrower’s 's signature. Each Borrower also hereby ratifies its authorization for Lender to have filed in any jurisdiction any financing statements filed prior to the date hereof.

Preservation of Collateral and Perfection of Security Interest Therein. Each Borrower shall, at Lender’s 's request, at any time and from time to time, authenticate, execute and deliver to Lender such financing statements, documents and other agreements and instruments (and pay the cost of filing or recording the same in all public offices deemed necessary or desirable by Lender) and do such other acts and things or cause third parties to do such other acts and things as Lender may deem necessary or desirable in its sole and absolute discretion in order to establish and maintain a valid, attached and perfected security interest in the Collateral in. in favor of Lender (free and clear of all other liens, claims, encumbrances and rights of third parties whatsoever, whether voluntarily or involuntarily created, except Permitted Liens) to secure payment of the Obligations and to facilitate the collection of the Collateral. Each Borrower authorizes Lender to file, transmit, or communicate, as applicable, financing statements and amendments describing the Collateral (including, with respect to Wave2Wave, as “"all personal property of debtor” " or “"all assets of debtor” " or words of similar effect), in order to perfect Lender’s Agent's security interest in the Collateral without such any Borrower’s 's signature. Each Borrower also hereby ratifies its authorization for Lender to have filed in any jurisdiction any financing statements filed prior to the date hereof.

Preservation of Collateral and Perfection of Security Interest Therein. Each Borrower shall, at Lender’s 's request, at any time and from time to time, authenticate, execute and deliver to Lender such financing statements, documents and other agreements and instruments (and pay the cost of filing or recording the same in all public offices deemed necessary or desirable by Lender) and do such other acts and things or cause third parties to do such other acts and things as Lender may deem necessary or desirable in its sole and absolute discretion in order to establish and maintain a valid, attached and perfected security interest in the Collateral in. in favor of Lender (free and clear of all other liens, claims, encumbrances and rights of third parties whatsoever, whether voluntarily or involuntarily created, except Permitted Liens) to secure payment of the Obligations and to facilitate the collection of the Collateral. Each Borrower authorizes Lender to file, transmit, or communicate, as applicable, financing statements and amendments describing the Collateral (including, with respect to Wave2Wave, as “"all personal property of debtor” " or “"all assets of debtor” " or words of similar effect), in order to perfect Lender’s 's security interest in the Collateral without such Borrower’s 's signature. Each Borrower also hereby ratifies its authorization for Lender to have filed in any jurisdiction any financing statements filed prior to the date hereof.

Preservation of Collateral and Perfection of Security Interest Therein. Each Borrower Borrowers shall, at Lender’s 's request, at any time and from time to time, authenticate, execute and deliver to Lender such financing statements, documents and other agreements and instruments (and pay the cost of filing or recording the same in all public offices deemed necessary or desirable by Lender) and do such other acts and things or cause third parties to do such other acts and things as Lender may deem necessary or desirable in its sole and absolute discretion in order to establish and maintain a valid, attached and perfected first priority security interest in the Collateral in. in favor of Lender (free and clear of all other liens, claims, encumbrances and rights of third parties whatsoever, whether voluntarily or involuntarily created, except Permitted Liens) to secure payment of the Obligations Obligations, and in order to facilitate the collection of the Collateral. Each Borrower authorizes Borrowers authorize Lender to file, transmit, or communicate, as applicable, financing statements and amendments describing the Collateral (including, with respect to Wave2Wave, as “"all personal property of debtor” " or “"all assets of debtor” " or words of similar effect), in order to perfect Lender’s 's security interest in the Collateral without such either Borrower’s 's signature. Each Borrower Borrowers also hereby ratifies its ratify their authorization for Lender to have filed in any jurisdiction any financing statements filed prior to the date hereof.

Preservation of Collateral and Perfection of Security Interest Therein. Each Borrower shall, at Lender’s 's request, at any time and from time to time, authenticate, execute and deliver to Lender such financing statements, documents and other agreements and instruments (and pay the cost of filing or recording the same in all public offices deemed necessary or desirable by Lender) and do such other acts and things or cause third parties to do such other acts and things as Lender may deem necessary or desirable in its sole and absolute discretion in order to establish and maintain a valid, attached and perfected security interest in the Collateral in. in favor of Lender (free and clear of all other liens, hypothecs, claims, prior claims, encumbrances and rights of third parties whatsoever, whether voluntarily or involuntarily created, except Permitted Liens) to secure payment of the Obligations Obligations, and in order to facilitate the collection of the Collateral. Each Borrower authorizes Lender to file, transmit, or communicate, as applicable, financing statements and amendments describing the Collateral (including, with respect to Wave2Wave, as “"all personal property of debtor” " or “"all assets of debtor” " or words of similar effect), in order to perfect Lender’s Agent's security interest in the Collateral without such Borrower’s 's signature. Each Borrower also hereby ratifies its authorization for Lender to have filed in any jurisdiction any financing statements filed prior to the date hereof.