Preservation of Security Interests. The Issuer covenants that it shall not make any change to its company name, or use any trade names, fictitious names, assumed names or “doing business as” names. The Issuer will from time to time, at its own expense, execute and file such additional financing statements (including continuation statements) as may be necessary to ensure that at any time, the interest of the Issuer in all of the Receivables and such other portion of the Trust Estate as to which a sale or Security Interest may be perfected by filing under the UCC, and the Security Interest of the Indenture Trustee in all of the Receivables and such other portion of the Trust Estate as to which a Security Interest may be perfected by filing under the UCC, are fully protected.
Preservation of Security Interests. The Borrower shall preserve and undertake all actions necessary to maintain the security interests granted under the Security Documents in full force and effect (including the priority thereof).
Preservation of Security Interests. Each Loan Party shall preserve and undertake all actions necessary to maintain the security interests granted under the Security Documents in full force and effect (including the priority thereof).
Preservation of Security Interests. Borrower shall:
Preservation of Security Interests. Guarantor shall:
Preservation of Security Interests. Grantor assumes full responsibility for taking and hereby agrees to take any and all necessary steps to preserve and defend the Secured Party's right, title and security interests in and to the Collateral against the claims and demands of all persons. The Secured Party shall be deemed to have exercised reasonable care in the custody and preservation of the Collateral in the Secured Party's possession if, prior to the existence of an Event of Default, the Secured Party takes such action for that purpose as such Grantor shall reasonably request in writing, provided that such requested action will not, in the judgment of the Secured Party, impair the security interests in the Collateral created hereby or the Secured Party's rights in, or the value of, such Collateral, and provided further that such written request is received by the Secured Party in sufficient time to permit the Secured Party to take the requested action.
Preservation of Security Interests. PFSC will defend the Client Portfolio against all persons, claims, and demands whatsoever. PFSC shall not assign, sell, pledge, or exchange, or in any way encumber or otherwise dispose of the Client Portfolio, except as expressly permitted under this Agreement and only with permission of Client.
Preservation of Security Interests. Do everything necessary or expedient or as reasonably requested by Secured Party to preserve or perfect the security interest of Secured Party and obtain, if a certificate of title be required or permitted by Law, such certificate with respect to the Collateral, showing the security interest of Secured Party thereon.
Preservation of Security Interests. Each of the Company and its Restricted Subsidiaries shall preserve, maintain and perfect the first priority security interests subject to Permitted Liens granted under the Security Documents and preserve and protect the Shared Collateral as set forth in the Security Documents.
Preservation of Security Interests. In addition to the provisions of Sections 5.1(a), 5.14 and 5.19, Borrower shall, upon request of Lender, furnish to Lender such further information, execute and deliver to Lender such documents and instruments (including, without limitation, Uniform Commercial Code financing statements) and shall do such other acts and things as Lender may at any time reasonably request relating to the perfection or protection of the security interest created by this Agreement or for the purpose of carrying out the intent of this Agreement. Without limiting the foregoing, Borrower shall cooperate and do all acts deemed necessary or advisable by Lender to continue a perfected first security interest in the Collateral, subject only to Permitted Liens, and shall obtain and furnish to Lender any subordinations, releases, landlord waivers, lessor waivers, mortgage waivers, or control agreements, and similar documents as may be from time to time requested by, and in form and substance satisfactory to Lender. Borrower authorizes Lender to file a financing statement and amendments thereto describing the Collateral as “all assets”, or words of similar import, and containing any other information required by the applicable Uniform Commercial Code. Borrower irrevocably grants to Lender the power to sign Borrower’s name and generally to act on behalf of Borrower to execute and file applications for title, transfers of title, financing statements, notices of lien and other documents pertaining to any or all of the Collateral, obtain and promptly deliver to Lender such certificate showing the lien of this Agreement with respect to the Collateral.
