Common use of Purposes of further assurances Clause in Contracts

Purposes of further assurances. The purposes referred to in Clause 10.1 are: (a) validly and effectively to create any Security Interest or right of any kind which the Lender intended should be created by or pursuant to this Deed or any other Finance Document; (b) to create a specific mortgage or assignment of any particular item of the Secured Assets or otherwise to vest in the Lender the title to any particular item of the Secured Assets; (c) to protect the priority, or increase the effectiveness, in any jurisdiction of any Security Interest which is created, or which the Lender intended should be created, by or pursuant to the Mortgage, this Deed or any other Finance Document; (d) to enable or assist the Lender or a Receiver to sell or otherwise deal with any item of the Secured Assets, to transfer title to, or grant any interest or right relating to, any item of the Secured Assets or to exercise any power which is referred to in Clause 8.1 above or which is conferred by any Finance Document; (e) to enable or assist the Lender to enter into any transaction to commence, defend or conduct any proceedings and/or to take any other action relating to any item of the Secured Assets in any country or under the law of any country.