Common use of As-Extracted Collateral; Timber-to-be-Cut Clause in Contracts

As-Extracted Collateral; Timber-to-be-Cut. On the date hereof, such Debtor does not own, or expect to acquire, any property which constitutes, or would constitute, As-Extracted Collateral or Timber-to-be-Cut. If at any time after the date of this Agreement such Debtor owns, acquires or obtains rights to any As-Extracted Collateral or Timber-to-be-Cut, such Debtor shall furnish the Collateral Agent with prompt written notice thereof (which notice shall describe in reasonable detail the As-Extracted Collateral and/or Timber-to-be-Cut and the locations thereof) and shall take all actions as may be deemed reasonably necessary or desirable by the Collateral Agent to perfect the security interest of the Collateral Agent therein.

Appears in 2 contracts

Samples: Security Agreement (Stonemor Partners Lp), Security Agreement (Stonemor Partners Lp)

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As-Extracted Collateral; Timber-to-be-Cut. On the date hereof, such The Debtor does not own, or expect to acquire, any property Collateral which constitutes, or would constitute, As-Extracted Collateral or Timber-to-be-Cut. If at any time after the date of this Agreement such the Debtor owns, acquires or obtains rights to any As-Extracted Collateral or Timber-to-be-Cut, such the Debtor shall furnish the Collateral Agent with prompt written notice thereof (which notice shall describe in reasonable detail the As-Extracted Collateral and/or or Timber-to-be-Cut and the locations thereof) and shall take all actions as may be deemed reasonably necessary or desirable by the Collateral Agent to perfect the security interest of the Collateral Agent therein.

Appears in 1 contract

Samples: Security Agreement (TAL International Group, Inc.)

As-Extracted Collateral; Timber-to-be-Cut. On the date hereof, such Debtor Grantor does not own, or expect to acquire, any property which constitutes, or would constitute, As-Extracted Collateral or Timber-to-be-Cut. If at any time after the date of this Agreement such Debtor Grantor owns, acquires or obtains rights to any As-Extracted Collateral or Timber-to-be-Cut, such Debtor Grantor shall furnish the Collateral Agent with prompt written notice thereof (which notice shall describe in reasonable detail the As-Extracted Collateral and/or Timber-to-be-Cut and the locations thereof) and shall take all actions as may be deemed reasonably necessary or desirable by the Collateral Agent to perfect the security interest of the Collateral Agent therein.

Appears in 1 contract

Samples: Pledge and Security Agreement (Affinity Guest Services, LLC)

As-Extracted Collateral; Timber-to-be-Cut. On the date hereof, such Debtor Grantor does not own, or expect to acquire, any property which constitutes, or would constitute, As-Extracted Collateral or Timber-to-be-Cut. If at any time after the date of this Agreement such Debtor Grantor owns, acquires or obtains rights to any As-Extracted Collateral or Timber-to-be-Cut, such Debtor Grantor shall furnish the Collateral Administrative Agent with prompt written notice thereof (which notice shall describe in reasonable detail the As-Extracted Collateral and/or Timber-to-be-Cut and the locations thereof) and shall take all actions as may be deemed reasonably necessary or desirable by the Collateral Administrative Agent to perfect the security interest of the Collateral Administrative Agent therein.

Appears in 1 contract

Samples: Credit Agreement (Centerplate, Inc.)

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As-Extracted Collateral; Timber-to-be-Cut. On the date hereof, such Debtor Grantor does not own, or expect to acquire, any property which that constitutes, or would constitute, As-Extracted Collateral or Timber-to-be-Cut. If at any time after the date of this Agreement such Debtor Grantor owns, acquires or obtains rights to any As-Extracted Collateral or Timber-to-be-Cut, such Debtor Grantor shall furnish the Collateral Agent with prompt written notice thereof (which notice shall describe in reasonable detail the As-Extracted Collateral and/or Timber-to-be-Cut and the locations thereof) and shall take all actions as may be deemed reasonably necessary or desirable by the Collateral Agent to perfect the security interest of the Collateral Agent therein.

Appears in 1 contract

Samples: Security Agreement (Silicon Graphics Inc)

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