Common use of Further Assurances Filing Clause in Contracts

Further Assurances Filing. The Borrower agrees to deliver to the Lender Uniform Commercial Code financing statements and such other documents, instruments, and supplemental security agreements as the Lender may deem necessary, proper or desirable in obtaining the benefits of this Agreement. In the event the Borrower does not provide the Lender with such statements within five (5) days after the same are requested, the Borrower authorizes the Lender to effect any filing or recording of any such financing statement or statements relating to the Collateral or amendments thereto, and appoints the Lender as its attorney-in-fact to perform all other acts which the Lender deems appropriate to perfect and continue the security interest in, and to protect and preserve, the Collateral.

Appears in 2 contracts

Sources: Patent Security Agreement (Green Earth Technologies, Inc), Trademark Security Agreement (Green Earth Technologies, Inc)