Common use of Protection of Ownership of the Buyer Clause in Contracts

Protection of Ownership of the Buyer. (a) The Seller agrees that from time to time, at its expense, it shall promptly execute and deliver all additional instruments and documents and take all additional action that the Buyer may reasonably request in order to perfect the interests of the Buyer in, to and under, or to protect, the Historical Advances, or to enable the Buyer to exercise or enforce any of its rights or remedies hereunder. To the fullest extent permitted by applicable Law, the Buyer and its successor and assigns shall be permitted to sign and file continuation statements and amendments thereto without the Seller's signature if the Seller shall have failed to sign such continuation statements, amendments or assignments within five (5) Business Days after receipt of a request for such execution from the Buyer. The Seller hereby irrevocably consents to Buyer's execution in Seller's name of continuation statements, amendments or assignments.

Appears in 4 contracts

Samples: Historical Advance Purchase Agreement (Aames Financial Corp/De), Historical Advance Purchase Agreement (Aames Financial Corp/De), Historical Advance Purchase Agreement (Aames Financial Corp/De)

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