Commercial Tort Claims. Borrower shall promptly notify Lender should Borrower obtain any “Commercial Tort Claim” (as defined in the Code) and take such steps as shall be requested by Lender to further evidence and perfect Lender’s security interest in the same.

Commercial Tort Claims. If Borrower shall at any time hold or acquire Collateral comprised of one or more commercial tort claims with an aggregate reasonably anticipated value in excess of $50,000.00, Borrower shall promptly notify Lender in a writing signed by Borrower of the particulars thereof and grant to Lender in such writing a security interest therein and in the proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance satisfactory to Lender in good faith;

Borrowers shall promptly advise Lender upon any Borrower becoming aware that it has any interests in any commercial tort claim having a value in excess of $25,000 that constitutes part of the Collateral, which such notice shall include descriptions of the events and circumstances giving rise to such commercial tort claim and the dates such events and circumstances occurred, the potential defendants with respect such commercial tort claim and any court proceedings that have been instituted with respect to such commercial tort claims, and Borrowers shall, with respect to any such commercial tort claim, execute and deliver to Lender such documents as Lender shall request to perfect, preserve or protect the Liens, rights and remedies of Lender with respect to any such commercial tort claim.