Common use of Filing Financing Statements Clause in Contracts

Filing Financing Statements. With respect to the the grant of the security interest hereunder, and pursuant to applicable law, each Grantor hereby authorizes the Administrative Agent to authenticate and to file or record one or more U.C.C. financing or continuation statements, and amendments thereto, and make filings with the United States Patent and Trademark Office or United States Copyright Office (or any successor office or any similar office in any other country), in each case for the purpose of perfecting, confining, continuing, enforcing or protecting the security interest granted by each Grantor, without the signature of any Grantor, and naming any Grantor or the Grantors as debtors and the Administrative Agent as secured party. Each Grantor authorizes the Administrative Agent to use any collateral description it determines to be reasonably appropriate to describe the Collateral, which description may include terms such as “all assets” or “all personal property,” in each case “whether now owned or hereafter acquired” or words of similar impact or any other description the Administrative Agent, in its reasonable discretion, chooses in any such U.C.C. financing statements, including, in any event, the description contained in Exhibit B hereto.