Common use of Financing Statement; Further Assurances Clause in Contracts

Financing Statement; Further Assurances. The Borrowers hereby authorize Lender to file a financing statement or statements in connection with the Collateral in the form required by Lender to properly perfect Lender’s security interest therein to the extent a security interest in the Collateral may also be perfected by filing. The Borrowers agree that at any time and from time to time, at the expense of the Borrowers, the Borrowers will promptly execute and deliver all further instruments and documents, and take (or authorize the taking of) all further action, that may be reasonably necessary or desirable, or that Agent or Lender may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Agent or Lender to exercise and enforce its rights and remedies hereunder with respect to any Collateral. In the event of any change in name, identity or structure of the Borrowers, the Borrowers shall notify Lender thereof and hereby authorize Lender to file and record such UCC financing statements (if any) as are reasonably necessary to maintain the priority of Lender’s lien upon and security interest in the Collateral, and shall pay all expenses and fees in connection with the filing and recording thereof.

Appears in 4 contracts

Sources: Cash Management Agreement, Cash Management Agreement (American Tower Corp /Ma/), Cash Management Agreement (American Tower Corp /Ma/)

Financing Statement; Further Assurances. The Simultaneously herewith, the Borrowers hereby authorize shall deliver to Lender to file for filing a financing statement or statements in connection with the Collateral in the form reasonably required by Lender to properly perfect Lender’s 's security interest therein to the extent a security interest in the Collateral may also be perfected by filing. The Borrowers agree that at any time and from time to time, at the expense of the Borrowers, the Borrowers will promptly execute and deliver all further instruments and documents, and take (or authorize the taking of) all further actionactions, that may be reasonably necessary or desirablenecessary, or that Agent or Lender may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Agent or Lender to exercise and enforce its rights and remedies hereunder with respect to any Collateral. In the event of any change in name, identity or structure of the Borrowersany Borrower, the Borrowers such Borrower shall notify Lender thereof and hereby authorize Lender to promptly after Lender's reasonable request shall file and record record, or deliver to Lender, such UCC financing statements (if any) as are reasonably necessary to maintain the priority of Lender’s 's lien upon and security interest in the Collateral, and shall pay all expenses and fees in connection with the filing and recording thereof. If Lender shall require the filing or recording of additional UCC financing or continuation statements, the Borrowers shall, promptly after request, execute, if necessary, file and record such UCC financing or continuation statements as Lender shall deem reasonably necessary, and shall pay all reasonable expenses and fees in connection with the filing and recording thereof.

Appears in 4 contracts

Sources: Cash Management Agreement (Lodgian Inc), Cash Management Agreement (Lodgian Inc), Cash Management Agreement (Lodgian Inc)

Financing Statement; Further Assurances. The Borrowers Issuers hereby authorize Lender the Indenture Trustee to file a financing statement or statements in connection with the Collateral in the form required by Lender to properly perfect Lenderthe Indenture Trustee’s security interest therein to the extent a security interest in the Collateral may also be perfected by filing. The Borrowers Issuers agree that at any time and from time to time, at the expense of the BorrowersIssuers, the Borrowers Issuers will promptly execute and deliver all further instruments and documents, and take (or authorize the taking of) all further action, that may be reasonably necessary or desirable, or that Agent or Lender the Indenture Trustee may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Agent or Lender the Indenture Trustee to exercise and enforce its rights and remedies hereunder with respect to any Collateral. In the event of any change in name, identity or structure of the BorrowersIssuers, the Borrowers Issuers shall notify Lender the Indenture Trustee thereof and hereby authorize Lender the Indenture Trustee to file and record such UCC financing statements (if any) as are reasonably necessary to maintain the priority of Lenderthe Indenture Trustee’s lien upon and security interest in the Collateral, and shall pay all expenses and fees in connection with the filing and recording thereof.

Appears in 2 contracts

Sources: Cash Management Agreement, Cash Management Agreement (Crown Castle International Corp)

Financing Statement; Further Assurances. The Borrowers Issuers hereby authorize Lender the Servicer to file a financing statement or statements in connection with the Collateral in the form required by Lender to properly perfect Lenderthe Indenture Trustee’s security interest therein to the extent a security interest in the Collateral may also be perfected by filing. The Borrowers agree Each Issuer and each Member agrees that at any time and from time to time, at the expense of the Borrowersapplicable Issuer or Member, the Borrowers such Issuer or Member will promptly execute and deliver all further instruments and documents, and take (or authorize the taking of) all further action, that may be reasonably necessary or desirable, or that Agent or Lender the Servicer may reasonably request, in order to perfect and protect any security interest granted or purported to be granted hereby (including, without limitation, any security interest in and to any Permitted Investments) or to enable Agent or Lender the Indenture Trustee to exercise and enforce its rights and remedies hereunder with respect to any Collateral. In the event of any change in name, identity or structure of the Borrowersany Issuer or Member, the Borrowers Issuer Entity shall notify Lender the Indenture Trustee thereof and such Issuer or Member hereby authorize Lender authorizes the Indenture Trustee to file and record such UCC financing statements (if any) as are reasonably necessary to maintain the priority of LenderIndenture Trustee’s lien upon and security interest in the Collateral, and shall pay all expenses and fees in connection with the filing and recording thereof.

Appears in 1 contract

Sources: Cash Management Agreement (Crown Castle International Corp)