THE GRANTOR OR WORDS OF SIMILAR EFFECT, REGARDLESS OF WHETHER ANY
PARTICULAR ASSET COMPRISED IN THE COLLATERAL FALLS WITHIN THE SCOPE OF ARTICLE 9
OF THE UCC OR SUCH JURISDICTION, OR (2) BY ANY OTHER DESCRIPTION WHICH
REASONABLY APPROXIMATES THE DESCRIPTION CONTAINED IN THIS SECURITY AGREEMENT,
AND (II) CONTAIN ANY OTHER INFORMATION REQUIRED BY PART 5 OF ARTICLE 9 OF THE
UCC FOR THE SUFFICIENCY OR FILING OFFICE ACCEPTANCE OF ANY FINANCING STATEMENT
OR AMENDMENT, INCLUDING (A) WHETHER THE GRANTOR IS AN ORGANIZATION, THE TYPE OF
ORGANIZATION AND ANY ORGANIZATION IDENTIFICATION NUMBER ISSUED TO THE GRANTOR,
AND (B) IN THE CASE OF A FINANCING STATEMENT FILED AS A FIXTURE FILING OR
INDICATING COLLATERAL AS AS-EXTRACTED COLLATERAL OR TIMBER TO BE CUT, A
SUFFICIENT DESCRIPTION OF REAL PROPERTY TO WHICH THE COLLATERAL RELATES.
THE
GRANTOR ALSO AGREES TO FURNISH ANY SUCH INFORMATION TO THE LENDER PROMPTLY UPON
REQUEST.
THE GRANTOR ALSO RATIFIES ITS
8
AUTHORIZATION FOR THE LENDER TO HAVE FILED IN ANY UCC JURISDICTION ANY INITIAL
FINANCING STATEMENTS OR AMENDMENTS THERETO IF FILED PRIOR TO THE DATE HEREOF.
(C)
FURTHER ASSURANCES.
THE GRANTOR WILL, IF SO REQUESTED BY THE
LENDER, FURNISH TO THE LENDER, AS OFTEN AS THE LENDER REQUESTS, STATEMENTS AND
SCHEDULES FURTHER IDENTIFYING AND DESCRIBING THE COLLATERAL AND SUCH OTHER
REPORTS AND INFORMATION IN CONNECTION WITH THE COLLATERAL AS THE LENDER MAY
REASONABLY REQUEST, ALL IN SUCH DETAIL AS THE LENDER MAY SPECIFY.
THE GRANTOR
ALSO AGREES TO TAKE ANY AND ALL ACTIONS NECESSARY TO DEFEND TITLE TO THE
COLLATERAL AGAINST ALL PERSONS AND TO DEFEND THE SECURITY INTEREST OF THE LENDER
IN THE COLLATERAL AND THE PRIORITY THEREOF AGAINST ANY LIEN NOT EXPRESSLY
PERMITTED HEREUNDER.
(D)
DISPOSITION OF COLLATERAL.
THE GRANTOR WILL NOT SELL, LEASE OR
OTHERWISE DISPOSE OF THE COLLATERAL EXCEPT FOR DISPOSITIONS SPECIFICALLY
PERMITTED PURSUANT TO THE CREDIT AGREEMENT.
(E)
LIENS.
THE GRANTOR WILL NOT CREATE, INCUR, OR SUFFER TO EXIST ANY
LIEN ON THE COLLATERAL EXCEPT (I) THE SECURITY INTEREST CREATED BY THIS SECURITY
AGREEMENT, AND (II) OTHER LIENS PERMITTED UNDER SECTION 6.02 OF THE CREDIT
AGREEMENT.
(F)
OTHER FINANCING STATEMENTS.
THE GRANTOR WILL NOT AUTHORIZE THE
FILING OF ANY FINANCING STATEMENT NAMING IT AS DEBTOR COVERING ALL OR ANY
PORTION OF THE COLLATERAL, EXCEPT AS PERMITTED BY SECTION 4.1(E). THE GRANTOR
ACKNOWLEDGES THAT IT IS NOT AUTHORIZED TO FILE ANY FINANCING STATEMENT OR
AMENDMENT OR TERMINATION STATEMENT WITH RESPECT TO ANY FINANCING STATEMENT
NAMING THE LENDER AS SECURED PARTY OR THAT IS NOT EXPRESSLY PERMITTED BY
SECTION 6.02 OF THE CREDIT AGREEMENT WITHOUT THE PRIOR WRITTEN CONSENT OF THE
LENDER, SUBJECT TO THE GRANTOR'S RIGHTS UNDER SECTION 9-509(D)(2) OF THE UCC.
(G)
LOCATIONS. THE GRANTOR WILL NOT (I) MAINTAIN ANY COLLATERAL AT ANY
LOCATION OTHER THAN THOSE LOCATIONS LISTED ON EXHIBIT A, (II) OTHERWISE CHANGE,
OR ADD TO, SUCH LOCATIONS WITHOUT THE LENDER'S PRIOR WRITTEN CONSENT AS REQUIRED
BY THE CREDIT AGREEMENT (AND IF THE LENDER GIVES SUCH CONSENT, THE GRANTOR WILL
CONCURRENTLY THEREWITH OBTAIN A COLLATERAL ACCESS AGREEMENT FOR EACH SUCH