REPRESENTATIONS AND WARRANTIES WITH RESPECT TO THE COLLATERAL. With respect to the Collateral, Grantor represents and promises to Lender that: Perfection of Security Interest. Grantor agrees to take whatever actions are requested by Lender to perfect and continue Lender's security interest in the Collateral. Upon request of Lender, Grantor will deliver to Lender any and all of the documents evidencing or constituting the Collateral, and Grantor will note Lender's interest upon any and all chattel paper and instruments if not delivered to Lender for possession by Lender. 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 Borrower may not be indebted to Lender. Notices to Lender. Grantor will promptly notify Lender in writing at Lender's address shown below (or such other addresses as Lender may designate from time to time) prior to any (1) change in Grantor's name; (2) change in Grantor's assumed business name(s); (3) change in the management or in the members or managers of the limited liability company Grantor; (4) change in the authorized signer(s); (5) change in Grantor's principal office address;
Appears in 2 contracts
Sources: Commercial Security Agreement (Air T Inc), Commercial Security Agreement (Air T Inc)
REPRESENTATIONS AND WARRANTIES WITH RESPECT TO THE COLLATERAL. With respect to the Collateral, Grantor represents and promises to Lender that: Perfection of Security Interest. Grantor ▇▇▇▇▇▇▇ agrees to take whatever actions are requested by Lender ▇▇▇▇▇▇ to perfect and continue Lender▇▇▇▇▇▇'s security interest in the Collateral. Upon request of Lender▇▇▇▇▇▇, Grantor will deliver to Lender any and all of the documents evidencing or constituting the Collateral, and Grantor will note Lender▇▇▇▇▇▇'s interest upon any and all chattel paper and instruments if not delivered to Lender for possession by Lender▇▇▇▇▇▇. 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 Borrower Grantor may not be indebted to Lender. Notices to Lender. Grantor will promptly notify Lender in writing at Lender▇▇▇▇▇▇'s address shown below above (or such other addresses as Lender may designate from time to time) prior to any (1) change in Grantor's name; (2) change in Grantor's assumed business name(s); (3) change in the management or in the members or managers of the limited liability company Corporation Grantor; (4) change in the authorized signer(s); (5) change in Grantor's principal office address;; (6) change in Grantor's state of organization; (7) conversion of Grantor to a new or different type of business entity; or (8) change in any other aspect of Grantor that directly or indirectly relates to any agreements between Grantor and Lender. No change in Grantor's name or state of organization will take effect until after ▇▇▇▇▇▇ has received notice.
Appears in 1 contract
Sources: Commercial Security Agreement (American Consumers Inc)
REPRESENTATIONS AND WARRANTIES WITH RESPECT TO THE COLLATERAL. With respect to the Collateral, Grantor represents and promises to Lender that: Perfection of Security Interest. Grantor ▇▇▇▇▇▇▇ agrees to take whatever actions are requested by Lender ▇▇▇▇▇▇ to perfect and continue Lender's ▇▇▇▇▇▇’s security interest in the Collateral. Upon request of Lender▇▇▇▇▇▇, Grantor will deliver to Lender any and all of the documents evidencing or constituting the Collateral, and Grantor will note Lender's ▇▇▇▇▇▇’s interest upon any and all chattel paper and instruments if not delivered to Lender for possession by Lender▇▇▇▇▇▇. 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 Borrower Grantor may not be indebted to Lender. Notices to Lender. Grantor will promptly notify Lender in writing at Lender's ’s address shown below above (or such other addresses as Lender may designate from time to time) prior to any (1) change in Grantor's ’s name; (2) change in Grantor's ’s assumed business name(s); (3) change in the management or in the members or managers of the limited liability company Corporation Grantor; (4) change in the authorized signer(s); (5) change in Grantor's ’s principal office address;; (6) change in Grantor’s state of organization; (7) conversion of Grantor to a new or different type of business entity; or (8) change in any other aspect of Grantor that directly or indirectly relates to any agreements between Grantor and Lender. No change in Grantor’s name or state of organization will take effect until after ▇▇▇▇▇▇ has received notice.
Appears in 1 contract
Sources: Commercial Security Agreement (American Consumers Inc)
REPRESENTATIONS AND WARRANTIES WITH RESPECT TO THE COLLATERAL. With respect to the Collateral, Grantor represents and promises to Lender that: Perfection of Security Interest. Grantor agrees to take whatever actions are requested by Lender to perfect and continue Lender's security interest in the Collateral. Upon request of Lender, Grantor will deliver to Lender any and all of the documents evidencing or constituting the Collateral, and Grantor will note Lender's interest upon any and all chattel paper and instruments if not delivered to Lender for possession by Lender. 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 Borrower Grantor may not be indebted to Lender. Notices to Lender. Grantor will promptly notify Lender in writing at Lender's address shown below above (or such other addresses as Lender may designate from time to time) prior to any (1) change in Grantor's name; (2) change in Grantor's assumed business name(s); (3) change in the management or in the members or managers of the limited liability company Corporation Grantor; (4) change in the authorized signer(s); (5) change in Grantor's principal office address;; (6) change in Grantor's state of organization; (7) conversion of Grantor to a new or different type of business entity; or (8) change in any other aspect of Grantor that directly or indirectly relates to any agreements between Grantor and Lender. No change in Grantor's name or state of organization will take effect until after Lender has received notice.
Appears in 1 contract
Sources: Commercial Security Agreement (American Consumers Inc)