Common use of Covenants of the Grantor Clause in Contracts

Covenants of the Grantor. The Grantor undertakes: 10.1 to inform the Trustee in writing of: 10.1.1 any change whatsoever in the representations and warranties contained in paragraphs 9.1 through 9.5 hereof; 10.1.2 the name of any guarantor or debtor having granted security for the payment of any Hypothecated Claim and, in such cases, to provide the Trustee, upon demand, with satisfactory proof that such security has been registered or published in accordance with applicable law in order for the rights of the Trustee to be set up against third parties; 10.1.3 of the existence of any security, hypothec or property right retained or assigned securing claims and other Charged Property referred to in Section 3.2 hereof and, in such cases, to provide the Trustee, upon demand, with satisfactory proof that such security or hypothec has been registered or published in accordance with applicable law in order for the rights of the Trustee to be set up against third persons; 10.1.4 of the existence and details of any new claim falling under Article 8 hereof.