Common use of Filing as a Financing Statement Clause in Contracts

Filing as a Financing Statement. At the option of the Administrative Agent, this Pledge Agreement, or a carbon, photographic or other reproduction of this Pledge Agreement or of any UCC financing statement, continuation statement or amendments thereto, covering all of the Collateral or any portion thereof shall be sufficient as a UCC financing statement and may be filed as such without the signature of any Pledgor where and to the full extent permitted by applicable law. Each Pledgor hereby expressly authorizes the Administrative Agent to file UCC financing statements, continuation statements and amendments with respect to the Collateral without such Pledgor’s signature (to the extent permitted by applicable law).