Common use of Perfection of Pledge Clause in Contracts

Perfection of Pledge. (a) The Pledgor shall, from time to time, promptly take all actions as may be reasonably requested by the Secured Party to perfect the security interest of the Secured Party in the Collateral, including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of Section 8-106 of the UCC, the Pledgor shall promptly take all actions as may be reasonably requested from time to time by the Secured Party so that control of such Collateral is obtained and at all times held by the Secured Party. All of the foregoing shall be at the sole cost and expense of the Pledgor. (b) The Pledgor hereby irrevocably authorizes the Secured Party at any time and from time to time to file in any relevant jurisdiction any financing statements and amendments thereto and continuations thereof that contain the information required by Article 9 of the UCC of each applicable jurisdiction for the filing of any financing statement, amendment, or continuation relating to the Collateral, without the signature of the Pledgor where permitted by law. The Pledgor agrees to provide all information reasonably requested by the Secured Party pursuant to this Section promptly to the Secured Party upon request.

Perfection of Pledge. (a) The Pledgor P▇▇▇▇▇▇ shall, from time to time, as may be required by the Secured Party with respect to all Collateral, promptly take all actions as may be reasonably requested by the Secured Party to perfect the security interest of the Secured Party in the Collateral, including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of Section 8-106 of the UCC, the Pledgor P▇▇▇▇▇▇ shall promptly take all actions as may be reasonably requested from time to time by the Secured Party so that control of such Collateral is obtained and at all times held by the Secured Party. All of the foregoing shall be at the sole cost and expense of the PledgorP▇▇▇▇▇▇. (b▇) The Pledgor hereby irrevocably authorizes the Secured Party at any time and from time to time to file in any relevant jurisdiction any financing statements and amendments thereto and continuations thereof that contain the information required by Article 9 of the UCC of each applicable jurisdiction for the filing of any financing statement, amendment, statement or continuation amendment relating to the Collateral, without the signature of the Pledgor where permitted by law. The Pledgor agrees to provide all information reasonably requested required by the Secured Party pursuant to this Section promptly to the Secured Party upon request.