Common use of Borrower's Possession Clause in Contracts

Borrower's Possession. Borrower will be deemed at all times to --------------------- hold all securities, investment property, instruments, chattel paper, documents, certificates and money and other writings evidencing or relating to the Collateral in trust for Secured Party and, upon and during the continuation of an Event of Default, to the extent the same shall, from time to time, be in Borrower's possession, upon request or as otherwise provided herein, Borrower shall promptly deliver the same to Secured Party in the form received (with any necessary endorsements) and at a time and in a manner satisfactory to Secured Party. With respect to the Collateral in Borrower's possession, Borrower shall at Secured Party's request take such action as Secured Party in its discretion deems necessary or desirable to create, perfect and protect Secured Party's security interest in any of the Collateral.

Borrower's Possession. Borrower will be deemed at all times to --------------------- hold all securities, investment property, instruments, chattel paper, documents, certificates and money and other writings evidencing or relating to the Collateral in trust for Secured Party and, upon Upon and during the continuation continuance of an Event of Default, Default to the extent the same shall, from time to time, be in the Borrower's possession, the Borrower will hold all Instruments, Chattel Paper, Documents, money on hand at the Pledged Store and other writings evidencing or relating to the Collateral in trust for the Secured Party and, upon request or as otherwise provided herein, Borrower shall promptly deliver the same to the Secured Party in the a form received (with any necessary endorsements) and at a time and in a manner satisfactory to the Secured Party. With respect to the Collateral in the Borrower's possession, the Borrower shall at the Secured Party's request take such action as the Secured Party in its discretion deems necessary or desirable to create, perfect and protect the Secured Party's security interest in any of the Collateral.

Borrower's Possession. Borrower will be deemed at all times to --------------------- hold all securities, investment property, instruments, chattel paper, documents, certificates and money and other writings evidencing or relating to the Collateral in trust for Secured Party and, upon Upon and during the continuation continuance of an Event of Default, to the extent the same shall, from time to time, be in the Borrower's possession, the Borrower will hold all securities, Instruments, Chattel Paper, Documents, certificates and money and other writings evidencing or relating to the Collateral in trust for the Secured Party and, upon request or as otherwise provided herein, Borrower shall promptly deliver the same to the Secured Party in the a form received (with any necessary endorsements) and at a time and in a manner satisfactory to the Secured Party. With respect to the Collateral in the Borrower's possession, possession the Borrower shall at the Secured Party's request take such action as the Secured Party in its discretion deems necessary or desirable to create, perfect and protect the Secured Party's security interest in any of the Collateral.

Borrower's Possession. Borrower will be deemed at all times to --------------------- hold all securities, investment property, instruments, chattel paper, documents, certificates and money and other writings evidencing or relating to the Collateral in trust for Secured Party and, upon Upon and during the continuation continuance of an Event of Default, to the extent the same shall, from time to time, be in the Borrower's possession, the Borrower will hold all securities, Instruments, Chattel Paper, Documents, certificates and money and other writings evidencing or relating to the Collateral or Liquor License (if any) in trust for the Secured Party and, upon request or as otherwise provided herein, Borrower shall promptly deliver the same to the Secured Party in the a form received (with any necessary endorsements) and at a time and in a manner satisfactory to the Secured Party. With respect to the Collateral in the Borrower's possession, possession the Borrower shall at the Secured Party's request take such action as the Secured Party in its discretion deems necessary or desirable to create, perfect and protect the Secured Party's security interest in any of the Collateral.