Bailee Agreement Sample Clauses

Bailee Agreement. Borrower hereby represents and warrants that, as of the date of execution and delivery of this Agreement, no goods of Borrower are in the possession of any warehouseman or other bailee (except as set forth in Section 3(d) of the Representations), and hereby covenants that Borrower promptly shall deliver written notice to Lender of any goods of Borrower being in the possession of any other warehouseman or other bailee. With respect to any goods or other Collateral of Borrower in the possession of any warehouseman or other bailee (including any set forth in Section 3(d) of the Representations), Borrower shall, promptly upon Lender’s request therefor, use commercially reasonable efforts to deliver to Lender a bailee agreement (in form and substance satisfactory to Lender) duly executed by such warehouseman or other bailee. In the event that Lender requests such a bailee agreement and Borrower uses such efforts but does not succeed in delivering such a bailee agreement, Lender may (in its good faith business judgment) maintain a Reserve with respect to such warehouse or other bailee location. Additionally, Lender will establish a Reserve equal to three (3) months’ worth of warehouse fees that are charged to Borrower.
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Bailee Agreement. Borrower hereby represents and warrants that, as of the date of execution and deliver of this Agreement, no goods of Borrower are in the possession of any warehouseman or other bailee (except as set forth in Section 3(d) of the Representations), and hereby covenants that Borrower promptly shall deliver written notice to Lender of any goods of Borrower being in the possession of any other warehouseman or other bailee. With respect to any goods or other Collateral of Borrower in the possession of any warehouseman or other bailee (including any set forth in Section 3(d) of the Representations), Borrower shall, promptly upon Lender’s request therefor, use commercially reasonable efforts to deliver to Lender a bailee agreement (in form and substance satisfactory to Lender) duly executed by such warehouseman or other bailee.
Bailee Agreement. A Bailee Agreement in respect of Table-Funded Mortgage Loans to be pledged to hereunder on such Business Day, duly executed by the parties thereto;
Bailee Agreement. Borrower hereby represents and warrants that, as of the date of execution and delivery of this Agreement, no goods of Borrower are in the possession of any warehouseman or other bailee (except as set forth in Section 3(d) of the Representations), and hereby covenants that Borrower promptly shall deliver written notice to Lender of any goods of Borrower being in the possession of any other warehouseman or other bailee. With respect to any goods or other Collateral of Borrower in the possession of any warehouseman or other bailee, Borrower shall, promptly upon Lender’s request therefor, use commercially reasonable efforts to deliver to Lender a bailee agreement (in form and substance satisfactory to Lender) duly executed by such warehouseman or other bailee. In the event that Lender requests such a bailee agreement and Borrower uses such efforts but does not succeed in delivering such a bailee agreement, Lender may (in its good faith business judgment) maintain a Reserve with respect to such warehouse or other bailee location in amounts acceptable to Lender in its good faith business judgment.
Bailee Agreement. Borrower hereby represents and warrants that, as of the date of execution and deliver of this Agreement, no goods of Borrower are in the possession of any warehouseman or other bailee, and hereby covenants that Borrower promptly shall deliver written notice to Silicon of any goods of Borrower being in the possession of any warehouseman or other bailee. With respect to any goods of Borrower in the possession of any warehouseman or other bailee, Borrower shall, promptly upon Silicon’s request therefor, deliver to Silicon a bailee agreement (in form and substance satisfactory to Silicon) duly executed by such warehouseman or other bailee.
Bailee Agreement. Within 30 days after the date hereof, Borrower shall cause Solectron Corporation and any other bailee or warehouseman at which Borrower maintains any Collateral to execute and deliver to Silicon, on Silicon's standard form (with such changes as shall be acceptable to Silicon in its discretion), a Notice to Bailee of Security Interest with respect to all Collateral maintained by Borrower at such bailee or warehouseman.
Bailee Agreement. Except in accordance with the express terms thereof, any Bailee Agreement or any provision thereof shall cease to be in full force or effect, or the Bailee under any Bailee Agreement shall (except to the extent it has turned over all Collateral held by it to the Collateral Agent) default in its obligations thereunder or notify the Administrative Agent, the Collateral Agent, any Lender or the U.S. Borrower or any of its Subsidiaries that it no longer holds the collateral thereunder for the benefit of the Collateral Agent and the Secured Creditors; or
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Bailee Agreement. Exhibit F to the Loan and Security Agreement is hereby deleted in its entirety and Exhibit F attached hereto shall be substituted therefor.
Bailee Agreement. The Loan Originator shall deliver a fully executed Bailee Agreement and an Identification Certificate to the Bailee pursuant to the related Bailee Agreement ("Identification Certificate") and on or prior to the Transfer Date indicated on the Identification Certificate delivered by the Loan Originator, the Loan Originator shall have caused to be delivered to the Bailee the documents required pursuant to the Bailee Agreement, upon which the Bailee shall be required to (i) hold the Custodial Loan File in connection with such Bailee Loan as bailee and agent for the Initial Class A Certificateholder and (ii) forward the Custodial Loan File in connection with such Bailee Loan to the Custodian, via fully insured courier reasonably acceptable to Initial Class A Certificateholder, for receipt no later than the third Business Day following the related Transfer Date.
Bailee Agreement. As provided for in the Non-Exim Agreement, Borrower shall cause Xxxxxx Moving & Storage, Team Air and any other bailee or warehouseman at which Borrower maintains any Collateral to execute and deliver to Silicon, on Silicon's standard form (with such changes as shall be acceptable to Silicon in its discretion), a Notice to Bailee of Security Interest with respect to all Collateral maintained by Borrower at such bailee or warehouseman. SILICON VALLEY BANK SCHEDULE TO LOAN AND SECURITY AGREEMENT (EXIM) --------------------------------------------------------------------------------
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