Common use of Further Assurances; Pledge of Instruments Clause in Contracts

Further Assurances; Pledge of Instruments. At any time and from time to time, upon the written request of Secured Party, and at the sole expense of Grantor, Grantor shall promptly and duly execute and deliver any and all such further instruments and documents and take such further action as Secured Party may reasonably deem necessary or desirable to obtain the full benefits of this Security Agreement, including, without limitation, facilitating the filing of UCC-1 Financing Statements in all applicable jurisdictions and this Security Agreement (and any amendment hereto) with the United States Copyright Office and/or Patent and Trademark Office, as applicable, and transferring Collateral to the Secured Party's possession if such Collateral consists of Chattel Paper, Instruments or if a Lien on such Collateral can be perfected by possession.

Appears in 2 contracts

Sources: Security Agreement (Mai Systems Corp), Security Agreement (Mai Systems Corp)