Recording and Maintenance of Liens. (a) The Borrower will, at its own expense, take all necessary action to maintain and preserve the liens and security interest of this Agreement, the Indenture, and any other relevant documents so long as any principal, premium, if any, or interest on the Bonds remains unpaid.
Recording and Maintenance of Liens. The Company will, at its own expense, take all necessary action to maintain and preserve the liens and security interest of the Agreement, the Indenture, and any other relevant documents so long as any principal, premium, if any, or interest on the Bonds remains unpaid.
Recording and Maintenance of Liens. Upon notice from the Trustee, the Company shall, at its own expense, file and record, refile and re-record, or cause to be filed and recorded, refiled and re-recorded, U.C.C. continuation statements, if required under Illinois law, relating to the U.C.C. filing with respect to the Trustee’s rights to the Trust Estate assigned to the Trustee by the Authority. The Authority and the Trustee shall cooperate fully with the Company in taking any such action. The Company will pay or cause to be paid all filing fees incident to such filing, and all expenses incident to the preparation, execution and acknowledgment of such filing. The Authority and the Trustee (other than the Trustee’s obligation to notify the Company hereunder as necessary) shall have no responsibility for the preparation, filing or recording of any such continuation statement or for the maintenance of any security interest intended to be perfected thereby. The Authority will execute such instruments provided to it by the Company as may be reasonably necessary in connection with such filing.
Recording and Maintenance of Liens. The Borrower will, at its own expense, take all necessary action to maintain and preserve the liens and security interest of this Agreement and the Indenture so long as any principal installment of, premium, if any, or interest on the Bonds remains unpaid. The Borrower will, forthwith after the execution and delivery of this Agreement, the Notes and Indenture, and thereafter from time to time, cause the Indenture (including any amendments thereof and supplements thereto), and any financing statements in respect thereof to be filed, registered and recorded in such manner and in such places as may be required by law in order to publish notice of and fully to perfect and protect the lien and security interest therein granted to the Trustee to the rights of the Issuer assigned under the Indenture, and from time to time will perform or cause to be performed any other act as provided by law and will execute or cause to be executed any and all continuation statements and further instruments necessary for such publication, perfection and protection. Except to the extent it is exempt therefrom, the Borrower will pay or cause to be paid all filing, registration and recording fees incident to such filing, registration and recording, and all expenses incident to the preparation, execution, filing and acknowledgement of such instruments of further assurance, and all federal or state fees and other similar fees, duties, imposts, assessments and charges arising out of or in connection with the execution and delivery of this Agreement, the Notes and Indenture and such instruments of further assurance. The Issuer shall have no responsibility for the preparation, filing or recording of any instrument, document or financing statement or for the maintenance of any security interest intended to be perfected thereby. At the request of the Borrower, the Issuer will execute such instruments as may be reasonably necessary in connection with such filing or recording.
