Common use of Perfection of Security Clause in Contracts

Perfection of Security. The Pledgor authorizes the Collateral Agent to file such financing statements and other documents and do such acts, matters and things as the Collateral Agent may consider appropriate to perfect and continue the Collateral Agent's security interest in the Collateral, to protect and preserve the Collateral Agent's security interest in the Collateral and to realize upon the Collateral Agent's security interest in the Collateral.

Perfection of Security. The Each Pledgor authorizes the Collateral ----------------------- Agent to file such financing statements and other documents and to do such acts, matters and things as the Collateral Agent may consider appropriate to perfect and continue the Collateral Agent's security interest in the Collateral, to protect and preserve the Collateral Agent's security interest in the Collateral and to realize upon the Collateral Agent's security interest in the Collateral.