Common use of Right to File Financing Statements Clause in Contracts

Right to File Financing Statements. RUS shall have the right to file such financing statements and continuation statements on its behalf, as secured party, and on behalf of the Awardee, as debtor, as RUS deems necessary to perfect a first lien on the Collateral and to maintain and preserve such perfected first lien as long as the Loan remains outstanding. The Awardee shall reimburse RUS for any expenses incurred in the exercise of this right.

Right to File Financing Statements. RUS shall have the right to file such financing statements and continuation statements on its behalf, as secured party, and on behalf of the Awardee, as debtor, as RUS deems necessary to perfect a first lien on the Collateral and to maintain and preserve such perfected first lien as long as for the Loan remains outstandingComposite Economic Life. The Awardee shall reimburse RUS for any expenses incurred in the exercise of this right.

Right to File Financing Statements. RUS shall have the right to file such financing statements and continuation statements on its behalf, as secured party, and on behalf of the AwardeeAwardees, as debtordebtors, as RUS deems necessary to perfect a first lien on the Collateral and to maintain and preserve such perfected first lien as long as the Loan remains outstanding. The Awardee Awardees shall reimburse RUS for any expenses incurred in the exercise of this right.

Right to File Financing Statements. RUS shall have the right to file such financing statements and continuation statements on its behalf, as secured party, and on behalf of the AwardeeBorrower, as debtor, as RUS deems necessary to perfect a first lien on the Collateral and to maintain and preserve such perfected first lien as long as the Loan remains outstanding. The Awardee Borrower shall reimburse RUS for any expenses incurred in the exercise of this right.

Right to File Financing Statements. RUS shall have the right to file such financing statements and continuation statements on its behalf, as secured party, and on behalf of the Awardee, as debtor, as RUS deems necessary to perfect a first lien on the Collateral and to maintain and preserve such perfected first lien as long as the Loan remains outstanding. The Awardee shall reimburse RUS for any expenses incurred in the exercise of this right.