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

Preservation of Collateral and Perfection of Security Interests. Borrowers 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 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 in order to facilitate the collection of the Collateral. Borrowers irrevocably hereby make, constitute and appoint Lender (and all Persons designated by Lender for that purpose) as Borrowers’ true and lawful attorney and agent-in-fact to execute and file such financing statements, documents and other agreements and instruments and do such other acts and things as may be necessary to preserve and perfect Lender’s security interest in the Collateral. Borrowers further agree that a carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement shall be sufficient as a financing statement. Borrowers further ratify and confirm the prior filing by Lender of any and all financing statements which identify the Borrowers as debtor, Lender as secured party and any or all Collateral as collateral. Upon the request of Lender, Borrowers agree to execute and deliver to Lender Grants of Security Interest in Trademarks and Patents and Grants of Security Interest in Copyrights in the forms of Exhibits C and D respectively.

Preservation of Collateral and Perfection of Security Interests. Borrowers (a) Borrower shall, at Lender’s reasonable 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 use reasonable efforts to cause third parties to do such other acts and things as Lender may deem necessary or desirable, in its sole reasonable 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 in order to facilitate the collection of the proceeds of Collateral. Borrowers Borrower irrevocably hereby makemakes, constitute constitutes and appoint appoints Lender (and all Persons designated by Lender for that purpose) as Borrowers’ Borrower’s true and lawful attorney and agent-in-fact to execute and file such financing statements, documents and other agreements and instruments and do such other acts and things as may be necessary to preserve and perfect Lender’s security interest in the Collateral. Borrowers Borrower further agree that a carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement shall be sufficient as a financing statement. Borrowers further ratify ratifies and confirm confirms the prior filing by Lender of any and all financing statements which identify the Borrowers Borrower as debtor, Lender as secured party and any or all Collateral as collateral. Upon the request of Lender, Borrowers agree Borrower agrees to execute and deliver to Lender Grants of Security Interest in Trademarks and Patents and Grants of Security Interest in Copyrights for registered trademarks and patents that constitute Collateral, in the forms of Exhibits C and D respectivelyreasonably acceptable to Lender.

Preservation of Collateral and Perfection of Security Interests. THEREIN. -------- 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, desirable in its sole discretion, 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 ObligationsLiabilities, and in order to facilitate the collection of the Collateral. Borrowers Each Borrower irrevocably hereby makemakes, constitute constitutes and appoint appoints Lender (and all Persons designated by Lender for that purpose) as Borrowers’ such Borrower's true and lawful attorney and agent-in-fact to execute and file such financing statements, documents and other agreements and instruments and do such other acts and things as may be necessary to preserve and perfect Lender’s 's security interest in the Collateral. Borrowers Each Borrower further agree agrees that a carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement shall be sufficient as a financing statement. Borrowers Each Borrower further ratify ratifies and confirm confirms the prior filing by Lender of any and all financing statements which identify the Borrowers such Borrower as debtor, Lender as secured party and any or all Collateral as collateral. Upon the request of Lender, Borrowers agree to execute and deliver to Lender Grants of Security Interest in Trademarks and Patents and Grants of Security Interest in Copyrights in the forms of Exhibits C and D respectively.

Preservation of Collateral and Perfection of Security Interests. Borrowers Each Loan Party 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 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 or Guaranteed Obligations, as applicable, and in order to facilitate the collection of the Collateral. Borrowers Each Loan Party irrevocably hereby makemakes, constitute constitutes and appoint appoints Lender (and all Persons designated by Lender for that purpose) as Borrowers’ such Loan Party’s true and lawful attorney and agent-in-fact to execute and file such financing statements, documents and other agreements and instruments and do such other acts and things as may be necessary to preserve and perfect Lender’s security interest in the Collateral. Borrowers Each Loan Party further agree agrees that a carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement shall be sufficient as a financing statement. Borrowers Each Loan Party further ratify ratifies and confirm confirms the prior filing by Lender of any and all financing statements which identify the Borrowers Loan Party as debtor, Lender as secured party and any or all Collateral as collateral. Upon the request of Lender, Borrowers agree each Loan Party agrees to execute and deliver to Lender Grants of Security Interest in Trademarks and Patents and Grants of Security Interest in Copyrights in the forms of Exhibits C and D respectively.

Preservation of Collateral and Perfection of Security Interests. Borrowers (a) Borrower shall, at LenderLxxxxx’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 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 in order to facilitate the collection of the Collateral. Borrowers Borrower irrevocably hereby makemakes, constitute constitutes and appoint Lender appoints Lxxxxx (and all Persons designated by Lender for that purpose) as Borrowers’ Bxxxxxxx’s true and lawful attorney and agent-in-fact to execute and file such financing statements, documents and other agreements and instruments and do such other acts and things as may be necessary to preserve and perfect Lender’s security interest in the Collateral. Borrowers Borrower further agree that a carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement shall be sufficient as a financing statement. Borrowers further ratify ratifies and confirm confirms the prior filing by Lender Lxxxxx of any and all financing statements which identify the Borrowers Borrower as debtor, Lender as secured party and any or all Collateral as collateral. Upon the request of LenderLxxxxx, Borrowers agree Bxxxxxxx agrees to execute and deliver to Lender Grants of Security Interest in Trademarks and Patents and Grants of Security Interest in Copyrights in the forms of Exhibits C and D respectivelyreasonably acceptable to Lender.

Preservation of Collateral and Perfection of Security Interests. Borrowers (a) Each Borrower shall, at Lender’s reasonable 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 LenderXxxxxx) and do such other acts and things or use reasonable efforts to cause third parties to do such other acts and things as Lender may deem necessary or desirable, in its sole reasonable 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 in order to facilitate the collection of the proceeds of Collateral. Borrowers Each Borrower irrevocably hereby makemakes, constitute constitutes and appoint appoints Lender (and all Persons designated by Lender for that purpose) as Borrowers’ such Borrower’s true and lawful attorney and agent-in-fact to execute and file such financing statements, documents and other agreements and instruments and do such other acts and things as may be necessary to preserve and perfect Lender’s security interest in the Collateral. Borrowers Each Borrower further agree that a carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement shall be sufficient as a financing statement. Borrowers further ratify ratifies and confirm confirms the prior filing by Lender of any and all financing statements which identify the Borrowers such Borrower as debtor, Lender as secured party and any or all Collateral as collateral. Upon the request of LenderXxxxxx, Borrowers agree each Borrower agrees to execute and deliver to Lender Grants of Security Interest in Trademarks and Patents and Grants of Security Interest in Copyrights for registered trademarks and patents that constitute Collateral, in the forms of Exhibits C and D respectivelyreasonably acceptable to Lender.

Preservation of Collateral and Perfection of Security Interests. Borrowers 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 to use best efforts to cause third parties to do such other acts and things as Lender may deem necessary or desirable, in its sole 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 in order to facilitate the collection of the Collateral. Borrowers Each Borrower irrevocably hereby makemakes, constitute constitutes and appoint appoints Lender (and all Persons designated by Lender for that purpose) as Borrowers’ such Borrower’s true and lawful attorney and agent-in-fact to execute and file such financing statementsstatements (including financing statements describing the collateral therein as "all assets" or "all personal property" or words of similar import) and amendments thereto, documents and other agreements and instruments and do such other acts and things as may be necessary to preserve and perfect Lender’s security interest in the Collateral. Borrowers Each Borrower further agree agrees that a carbon, photographic, photostatic or other reproduction of this Agreement or of a financing statement shall be sufficient as a financing statement. Borrowers Each Borrower further ratify ratifies and confirm confirms the prior filing by Lender of any and all financing statements which identify the Borrowers such Borrower as debtor, Lender as secured party and any or all Collateral as collateral. Upon the request of Lender, Borrowers agree each Borrower agrees to execute and deliver to Lender Grants of Security Interest in Trademarks and Patents and Grants of Security Interest in Copyrights in the forms of Exhibits C and D respectively.