Common use of OBLIGATIONS OF GRANTOR Clause in Contracts

OBLIGATIONS OF GRANTOR. Grantor warrants and covenants to Raab as follows: 2.1 ▇▇▇ntor agrees to execute such financing statements and to take whatever other actions are reasonably requested by Raab to perfect and continue Raa▇'▇ security interest in the ▇▇▇▇▇teral. Upon the request of Raab, Grantor will deliver to R▇▇▇ any and all of the document▇ ▇▇idencing or constituting the Collateral, and Grantor will note Raab's interest upon any and all ▇▇▇▇▇el paper if not delivered to Raab for possession by Raab. Gra▇▇▇▇ hereby appoints Ra▇▇ ▇s its irrevocable attorn▇▇-▇n-fact for the purpose of executing any documents necessary to perfect or to continue the security interest granted in this Agreement. Raab may at any time and without ▇▇▇ther authorization from Grantor, file a carbon, photographic, or other reproduction of any financing statement or of this Agreement for use as a financing statement. Grantor will reimburse Raab for all reasonable expens▇▇ ▇or the perfection and the continuation of the perfection of Raab's security interest in the ▇▇▇▇▇▇eral. Grantor promptly will notify Raab before any change in Grant▇▇'▇ name including any change to the assumed business name of the Grantor. This is a continuing Security Agreement and will continue in effect even though all or any part of the Indebtedness is paid in full and even though for a period of time the Grantor may not be indebted to Raab.