Bailees. If any of the Collateral is at any time in the possession or control of any warehouseman, bailee or any of Debtor's agents or processors, Debtor shall, at the request of Secured Party, notify such warehouseman, bailee, agent or processor of the security interest created hereunder and shall instruct such Person to hold such Collateral for Secured Party's account subject to Secured Party's instructions.
Appears in 10 contracts
Samples: Security Agreement (Old America Stores Inc), Pledge and Security Agreement (Karts International Inc), Pledge and Security Agreement (Savvis Communications Corp)
Bailees. If any of the Collateral is at any time in the possession or control of any warehouseman, bailee or any of Debtor's agents or processors, Debtor shall, at the request of Secured Party, notify such warehouseman, bailee, agent or processor of the security interest created hereunder and hereunder, shall instruct such Person to hold such Collateral for Secured Party's account subject to Secured Party's instructionsinstructions and shall cause such Person to acknowledge in writing, in form and substance reasonably satisfactory to Secured Party, that it holds such Collateral for the benefit of Secured Party.
Appears in 5 contracts
Samples: Security Agreement (Savvis Communications Corp), Security Agreement (Savvis Communications Corp), Security Agreement (Savvis Communications Corp)
Bailees. If any of the Collateral is at any time in the possession or control of any warehouseman, bailee or any of Debtor's ’s agents or processors, Debtor shall, at upon the request of Secured Party, notify such warehouseman, bailee, agent or processor of the security interest created Secured Party’s rights hereunder and shall instruct such Person to hold all such Collateral for Secured Party's ’s account subject to Secured Party's ’s instructions. (No such request by Secured Party shall be deemed a waiver of any provision hereof which was otherwise violated by such Collateral being held by such Person prior to such instructions by Debtor.)
Appears in 2 contracts
Samples: Amended and Restated Security Agreement (Resaca Exploitation, Inc.), Amended and Restated Security Agreement (Resaca Exploitation, Inc.)
Bailees. If any of the Collateral is at any time in the possession or control of any warehouseman, bailee or any of the Debtor's agents or processors, the Debtor shall, at the request of Secured Party, shall notify such warehouseman, bailee, agent or processor of the security interest created hereunder and shall instruct such Person to hold such Collateral for the Secured Party's account subject to the Secured Party's instructions.
Appears in 1 contract
Bailees. If any of the Collateral is at any time in the ------- possession or control of any warehouseman, bailee or any of Debtor's agents or processors, Debtor shall, at the request of Secured Party, notify such warehouseman, bailee, agent or processor of the security interest created hereunder and shall instruct such Person to hold such Collateral for Secured Party's account subject to Secured Party's instructions.
Appears in 1 contract
Bailees. If any of the Collateral is at any time in the possession or control of any warehouseman, bailee bailee, or any of the Debtor's agents or processors, the Debtor shall, at the request of the Secured Party, notify such warehouseman, bailee, agent or processor of the security interest created hereunder and shall instruct such Person person to hold such Collateral for the Secured Party's account account, subject to the Secured Party's instructionsinstructions and the right of holders of Permitted Liens.
Appears in 1 contract
Bailees. If any of the Collateral is at any time in the possession or control of any warehouseman, bailee bailee, or any of Debtor's ’s agents or processors, Debtor shall, at the request of Secured Party, notify such warehouseman, bailee, agent or processor of the security interest created hereunder and shall instruct such Person person to hold such Collateral for Secured Party's ’s account subject to Secured Party's ’s instructions.
Appears in 1 contract
Samples: Security Agreement (Sielox Inc)
Bailees. If any of the Collateral is at any time in the possession or control of any warehouseman, bailee or any of the Debtor's ’s agents or processors, the Debtor shall, at the request of the Secured Party, notify such warehouseman, bailee, agent or processor of the security interest created hereunder and shall instruct such Person to hold such Collateral for Secured Party's the Creditors’ account subject to Secured Party's a Collateral Agent’s instructions.
Appears in 1 contract
Samples: Security Agreement (ProsoftTraining)
Bailees. If any of the Collateral is at any time in the possession or control of any warehouseman, bailee or any of the Debtor's agents or processors, the Debtor shall, at the request of the Secured Party, notify such warehouseman, bailee, agent or processor of the security interest created hereunder and shall instruct such Person to hold such Collateral for the Secured Party's account subject to the Secured Party's instructions.
Appears in 1 contract
Bailees. If any of the Collateral is at any time in ------- the possession or control of any warehouseman, bailee or any of the Debtor's agents or processors, the Debtor shall, at the request of the Secured Party, notify such warehouseman, bailee, agent or processor of the security interest created hereunder and shall instruct such Person to hold such Collateral for the Secured Party's account subject to the Secured Party's instructions.
Appears in 1 contract
