Common use of Certain After-Acquired Collateral Clause in Contracts

Certain After-Acquired Collateral. Borrower shall promptly notify Lender in writing if, after the Closing Date, Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender's request, shall promptly take such actions as Lender deems appropriate to effect Lender's duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any Collateral is in the possession of a third party, at Lender's request, Borrower shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Borrower Obligors shall promptly notify Lender in writing if, after the Closing Date, Borrower any Obligor obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender's ’s reasonable request, shall promptly take such actions as Lender deems appropriate to effect Lender's ’s duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any material Collateral is in the possession of a third party, at Lender's ’s reasonable request, Borrower Obligors shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Borrower shall promptly notify Lender in writing if, after the Closing Date, Borrower obtains any interest in any Collateral consisting with an aggregate value in excess of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon $250,000 as to which Lender's request, ’s Lien is not perfected and shall promptly take such actions as Lender deems appropriate to effect Lender's ’s duly perfected, first priority Lien (subject to other Liens permitted under this Agreement) upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any such Collateral is in the possession of a third party, at Lender's ’s request, Borrower shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Borrower shall promptly notify Lender in writing if, after the Closing Date, Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender's ’s request, shall promptly take such actions as Lender deems appropriate to effect Lender's ’s duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any Collateral is in the possession of a third party, at Lender's ’s request, Borrower shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Borrower shall promptly notify Lender in writing if, after the Closing Date, Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender's ’s reasonable request, shall promptly take such actions as Lender deems appropriate to effect Lender's ’s duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any material Collateral is in the possession of a third party, at Lender's ’s reasonable request, Borrower shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Borrower shall promptly notify Lender in writing if, after the Loan Closing Date, Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender's ’s request, shall promptly execute such documents and take such actions as Lender deems appropriate to effect Lender's ’s duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiverlien waivers. If any Collateral is in the possession of a third party, at Lender's ’s request, Borrower shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Borrower shall promptly notify Lender in writing if, after the Closing Date, Borrower any Loan Party obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender's ’s request, shall promptly take such actions as Lender deems appropriate to effect Lender's ’s duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any Collateral is in the possession of a third party, at Lender's ’s request, Borrower shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Borrower Borrowers shall promptly notify Lender in writing if, after the Closing Date, any Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Propertyregistered intellectual property, Investment Property or Letter-of-Credit Rights and, upon Lender's ’s request, shall promptly take such actions as Lender deems appropriate to effect Lender's duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any Collateral is in the possession of a third party, at Lender's request, Borrower Borrowers shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Borrower shall promptly notify Lender in writing if, after the Closing Effective Date, Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender's request, shall promptly execute such documents and take such actions as Lender deems appropriate to effect Lender's duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any Collateral is in the possession of a third party, at Lender's request, Borrower shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Borrower Borrowers shall promptly notify Lender in writing if, after the Closing Date, any Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender's ’s request, shall promptly take such actions as Lender deems appropriate to effect Lender's ’s duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, possession or control agreement or Lien Waiveragreement. If any Collateral is in the possession of a third party, at Lender's ’s request, Borrower Borrowers shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.