Accounts and Pledged Indebtedness Sample Clauses

Accounts and Pledged Indebtedness. All Accounts and Pledged Indebtedness owed by an Affiliate of any Obligor shall be on open account and shall not be evidenced by any note or other instrument; provided, however, that all Pledged Indebtedness owed by an Affiliate of any Obligor shall, if the Agent requests, be evidenced by a promissory note, which note shall be delivered to the Agent after having been endorsed in blank. Each Obligor will, immediately upon the receipt thereof, deliver to the Agent any promissory note or similar instrument representing any Account or Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
AutoNDA by SimpleDocs
Accounts and Pledged Indebtedness. Each Obligor will, immediately upon the receipt thereof, deliver to the Agent any promissory note or similar instrument, but not in any event including normal invoices in the ordinary course of business, representing any Account or Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
Accounts and Pledged Indebtedness. 12 3.3.3. No Liens or Restrictions on Transfer or Change of Control..............................12 3.3.4. Location of Credit Security............................................................12 3.3.5. Trade Names............................................................................13 3.3.6. Insurance..............................................................................13
Accounts and Pledged Indebtedness. Each Obligor will, immediately upon the receipt thereof, deliver to the Agent any promissory note or similar instrument representing any Account or Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
Accounts and Pledged Indebtedness. Each Obligor will, immediately upon receipt thereof, deliver to the Lender any promissory note or similar instrument representing any account or Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
Accounts and Pledged Indebtedness. 2.2.3. No Liens or Restrictions on Transfer or Change of Control 2.2.4. Restrictions on Transfer 2.2.5. Jurisdiction of Organization 2.2.6. Location of Pledged Collateral 2.2.7. Trade Names 2.2.8. Insurance 2.2.9. Intellectual Property 2.2.10. Deposit Accounts 2.2.11. Commercial Tort Claims 2.2.12. Modifications to Pledged Collateral 2.2.13. Delivery of Documents 2.2.14. Perfection of Pledged Collateral 2.3. Administration of Pledged Collateral 2.3.1. Use of Pledged Collateral
Accounts and Pledged Indebtedness. Each Pledgor will, immediately upon release of the Senior Lien thereon, or, if received after the release of the Senior Lien, immediately upon receipt thereof, deliver to the Collateral Agent any promissory note or similar instrument representing any Account or Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
AutoNDA by SimpleDocs
Accounts and Pledged Indebtedness. Each Pledgor will, immediately upon the receipt thereof, deliver to the Agent any promissory note or similar instrument representing any Account or Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
Accounts and Pledged Indebtedness. 6 2.3.3. Government Contract Receivables . . . . . . . . . . . 6 2.3.4. No Liens or Restrictions on Transfer or Change of Control7 2.3.5. Location of Credit Security . . . . . . . . . . . . . 7 2.3.6. Trade Names. . . . . . . . . . . . . . . . . . . . . . 7 2.3.7. Insurance . . . . . . . . . . . . . . . . . . . . . . 7 2.3.8.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!