Common use of Protection of Security Interest; Administrative Agent, as Attorney-in-Fact Clause in Contracts

Protection of Security Interest; Administrative Agent, as Attorney-in-Fact. (a) The Borrower agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may reasonably be necessary, or that the Administrative Agent or any Agent may reasonably deem necessary, to perfect, protect or more fully evidence the security interest granted to the Administrative Agent in the Receivables and the other Collateral, or to enable the Administrative Agent or the Secured Parties to exercise and enforce their rights and remedies hereunder and thereunder.

Appears in 18 contracts

Samples: Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.)

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Protection of Security Interest; Administrative Agent, as Attorney-in-Fact. (a) The Borrower agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may reasonably be necessary, or or, at the Administrative Agent’s request, that the Administrative Agent or any Agent may reasonably deem necessarynecessary or desirable, to perfect, protect or more fully evidence the security interest granted to the Administrative Agent in the Receivables and the other Collateral, or to enable the Administrative Agent or the Secured Parties to exercise and enforce their rights and remedies hereunder and thereunder.

Appears in 2 contracts

Samples: Loan and Security Agreement (Carvana Co.), Loan and Security Agreement (Carvana Co.)

Protection of Security Interest; Administrative Agent, as Attorney-in-Fact. (a) The Borrower agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may reasonably be necessary, or that the Administrative Agent or any Agent may reasonably deem necessary, to perfect, protect or more fully evidence the security interest granted to the Administrative Agent in the Receivables and the other Collateral, or to enable the Administrative Agent or the Secured Parties to exercise and enforce their rights and remedies hereunder and thereunder.

Appears in 2 contracts

Samples: Credit Agreement (Regional Management Corp.), Credit Agreement (Regional Management Corp.)

Protection of Security Interest; Administrative Agent, as Attorney-in-Fact. (a) The Borrower agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may reasonably be necessarynecessary or desirable, or that the Administrative Agent or any Agent may reasonably deem necessary, to perfect, protect or more fully evidence the security interest granted to the Administrative Agent in the Receivables and the other Collateral, or to enable the Administrative Agent or the Secured Parties to exercise and enforce their rights and remedies hereunder and thereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (DT Acceptance Corp)

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Protection of Security Interest; Administrative Agent, as Attorney-in-Fact. (a) The Borrower agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may reasonably be necessarynecessary or desirable, or that the Administrative Agent or any Agent Agent, at the direction of the Majority Lenders, may reasonably deem necessary, to perfect, protect or more fully evidence the security interest granted to the Administrative Agent in the Receivables and the other Collateral, or to enable the Administrative Agent or the Secured Parties to exercise and enforce their rights and remedies hereunder and thereunder.

Appears in 1 contract

Samples: Warehouse Agreement (Flagship Credit Corp.)

Protection of Security Interest; Administrative Agent, as Attorney-in-Fact. (a) The Borrower agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all actions, that may reasonably be necessary, or that the Administrative Agent or any Agent may reasonably deem necessary, to perfect, protect or more fully evidence the security interest granted to the Administrative Agent in the Receivables Pledged Contracts and the other Collateral, or to enable the Administrative Agent or the Secured Parties to exercise and enforce their rights and remedies hereunder and thereunder.

Appears in 1 contract

Samples: Loan and Security Agreement (DT Acceptance Corp)

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