Common use of Bailee Acknowledgements Clause in Contracts

Bailee Acknowledgements. Unless otherwise agreed by the Agent, the Agent shall have received an agreement acknowledging the Liens of the Agent and the Lender from each bailee, warehouseman, consignee or similar third party which has possession of any of the Collateral, which agreements must be reasonably acceptable to the Agent and its counsel in their sole and absolute discretion.

Appears in 4 contracts

Samples: Financing and Security Agreement (BPC Holding Corp), Financing and Security Agreement (BPC Holding Corp), Financing and Security Agreement (BPC Holding Corp)

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Bailee Acknowledgements. Unless otherwise agreed by the Agent, the The Agent shall have received an agreement acknowledging the Liens of the Agent and the Lender Lenders from each bailee, warehouseman, consignee or similar third party which that has possession of any of the Collateral, which agreements must be reasonably acceptable to the Agent and its counsel in their sole and absolute discretion.

Appears in 2 contracts

Samples: Financing and Security Agreement (Dcap Group Inc), Financing and Security Agreement (Dcap Group Inc)

Bailee Acknowledgements. Unless otherwise agreed by the Agent, the Agent shall have received an agreement acknowledging the Liens of the Agent and the Lender from each bailee, warehouseman, consignee or similar third party which has possession of any of the Collateral, which agreements must be reasonably acceptable to the Agent and its counsel in their sole and absolute discretion.. (O)

Appears in 1 contract

Samples: Financing and Security Agreement (Norwich Injection Moulders LTD)

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Bailee Acknowledgements. Unless otherwise agreed by the Agent, the The Agent shall have received an agreement acknowledging the Liens of the Agent and the Lender Lenders from each bailee, warehouseman, consignee or similar third party which has possession of any of the Collateral, which agreements must be reasonably acceptable to the Agent and its counsel in their sole and absolute discretion.

Appears in 1 contract

Samples: Financing and Security Agreement (O Ray Holdings Inc)

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