Common use of Execution of Security Documents Clause in Contracts

Execution of Security Documents. The Lenders, the Issuers, and the Agent hereby empower and authorize the Collateral Agent to execute and deliver to the Borrower on their behalf the Security Documents and all related financing statements and any other financing statements, agreements, documents or instruments as shall be necessary or appropriate to effect the purposes of the Security Documents.

Execution of Security Documents. The Lenders, the Issuers, and the Agent Lenders hereby empower and authorize the Collateral Administrative Agent to execute and deliver to the Borrower Borrowers and the Guarantors, or any of them, on their behalf the Security Documents and all related financing statements and any other financing statements, agreements, documents or instruments as shall be necessary or appropriate to effect the purposes of the Security Documents.