Common use of Filing of Financing Statements and Preservation of Interests Clause in Contracts

Filing of Financing Statements and Preservation of Interests. Immediately upon execution hereof, each Grantor shall cause to be duly filed in each office set forth on Schedule 4 Uniform Commercial Code financing statements and all filings with the United States Patent and Trademark Office, in each case in form and substance satisfactory to the Agent. Without limiting the obligation of the Grantors set forth in the preceding sentence, each Grantor hereby authorizes the Agent, and appoints the Agent as its attorney-in-fact, to file in such office or offices as the Agent deems necessary or desirable such financing and continuation statements and amendments and supplements thereto (including, without limitation, an “all assets” filing), and such other documents as the Agent may reasonably require to perfect, preserve and protect the security interests granted herein and ratifies all such actions taken by the Agent.