SAME IN TRUST FOR BUYER
AND DELIVER THE SAME FORTHWITH TO BUYER IN THE EXACT FORM RECEIVED, DULY
ENDORSED BY SELLER TO BUYER, IF REQUIRED, TOGETHER WITH AN UNDATED BOND POWER
COVERING SUCH CERTIFICATE DULY EXECUTED IN BLANK TO BE HELD BY BUYER HEREUNDER
AS ADDITIONAL COLLATERAL SECURITY FOR THE TRANSACTIONS. IF ANY SUMS OF MONEY OR
PROPERTY SO PAID OR DISTRIBUTED IN RESPECT OF THE PURCHASED ASSETS SHALL BE
RECEIVED BY SELLER, SELLER SHALL, UNTIL SUCH MONEY OR PROPERTY IS PAID OR
DELIVERED TO BUYER, HOLD SUCH MONEY OR PROPERTY FOR THE BENEFIT OF BUYER, AS
ADDITIONAL COLLATERAL SECURITY FOR THE TRANSACTIONS.
(H)
AT ANY TIME FROM TIME TO TIME UPON REQUEST OF BUYER, AT THE SOLE
EXPENSE OF SELLER, SELLER WILL PROMPTLY AND DULY EXECUTE AND DELIVER SUCH
FURTHER INSTRUMENTS AND DOCUMENTS AND TAKE SUCH FURTHER ACTIONS AS BUYER
MAY REASONABLY REQUEST FOR THE PURPOSES OF OBTAINING OR
35
PRESERVING THE FULL BENEFITS OF THIS AGREEMENT INCLUDING THE FIRST PRIORITY
SECURITY INTEREST GRANTED HEREUNDER AND OF THE RIGHTS AND POWERS HEREIN GRANTED
(INCLUDING, AMONG OTHER THINGS, FILING SUCH UNIFORM COMMERCIAL CODE FINANCING
STATEMENTS AS BUYER MAY REASONABLY REQUEST). IF ANY AMOUNT PAYABLE UNDER OR IN
CONNECTION WITH ANY OF THE COLLATERAL SHALL BE OR BECOME EVIDENCED BY ANY
PROMISSORY NOTE, OTHER INSTRUMENT, NEGOTIABLE DOCUMENT, CERTIFICATED SECURITY OR
CHATTEL PAPER, SUCH NOTE, INSTRUMENT, DOCUMENT, SECURITY OR CHATTEL PAPER SHALL
BE IMMEDIATELY DELIVERED TO BUYER, DULY ENDORSED IN A MANNER SATISFACTORY TO
BUYER, TO BE HELD AS COLLATERAL PURSUANT TO THIS AGREEMENT, AND THE DOCUMENTS
DELIVERED IN CONNECTION HEREWITH. SELLER HEREBY IRREVOCABLY AUTHORIZES BUYER AT
ANY TIME AND FROM TIME TO TIME TO FILE IN ANY FILING OFFICE IN ANY JURISDICTION
ANY INITIAL FINANCING STATEMENTS AND AMENDMENTS THERETO THAT (1) INDICATE THE
COLLATERAL (I) AS ALL PURCHASED ASSETS, REGARDLESS OF WHETHER ANY PARTICULAR
ASSET COMPRISED IN THE COLLATERAL FALLS WITHIN THE SCOPE OF ARTICLE 9 OF THE UCC
OR SUCH JURISDICTION, OR (II) AS BEING OF AN EQUAL OR LESSER SCOPE OR WITH
GREATER DETAIL, AND (2) 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 (I) WHETHER SELLER IS AN
ORGANIZATION, THE TYPE OF ORGANIZATION AND ANY ORGANIZATION IDENTIFICATION
NUMBER ISSUED TO SELLER, AND (II) 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. SELLER AGREES TO FURNISH ANY SUCH INFORMATION TO BUYER PROMPTLY UPON
REQUEST. SELLER ALSO RATIFIES ITS AUTHORIZATION FOR BUYER TO HAVE FILED IN ANY
JURISDICTION ANY INITIAL FINANCING STATEMENTS OR AMENDMENTS THERETO IF FILED
PRIOR TO THE DATE HEREOF.
(I)
SELLER SHALL PROVIDE BUYER WITH THE FOLLOWING FINANCIAL AND
REPORTING INFORMATION:
(I)
WITHIN 60 DAYS AFTER THE LAST DAY OF THE FIRST THREE FISCAL
QUARTERS IN ANY FISCAL YEAR, SELLER'S UNAUDITED CONSOLIDATED STATEMENTS OF
INCOME AND STATEMENTS OF CHANGES IN