Common use of Certain After-Acquired Collateral Clause in Contracts

Certain After-Acquired Collateral. Obligors shall promptly notify Agent in writing if, after the Closing Date, any Obligor obtains any interest in any Collateral consisting of (a) Chattel Paper, Documents, Instruments, Investment Property and Letter-of-Credit Rights with a value in excess of $500,000, or (b) consisting of any Deposit Accounts, Securities Account or other Investment Property and, upon Agent’s request, shall promptly take such actions as Agent deems appropriate to effect Agent’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 Agent’s request, Obligors shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Agent.

Certain After-Acquired Collateral. Obligors Obligor shall promptly (a) notify Agent in writing if, after the Closing Date, any if a Obligor obtains any an interest in any Collateral consisting of (a) Deposit Account, Chattel Paper, DocumentsDocument, InstrumentsInstrument, Intellectual Property, Investment Property and or Letter-of-Credit Rights with a value in excess of $500,000Rights, or and (b) consisting of any Deposit Accounts, Securities Account or other Investment Property and, upon Agent’s request, shall promptly take such actions as Agent deems appropriate to effect Agent’s duly its perfected, first priority Lien upon on such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any Collateral is in the possession of a third party, at Agent’s request, Obligors Obligor shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Agent.

Certain After-Acquired Collateral. Obligors shall promptly (a) notify Agent in writing if, after the Closing Date, on a quarterly basis of any Obligor obtains any new interest in any Collateral consisting of (a) Deposit Account, Chattel Paper, DocumentsDocument, InstrumentsInstrument, Intellectual Property, Investment Property and or Letter-of-Credit Rights with a value in excess of $500,000Right, or and (b) consisting of any Deposit Accounts, Securities Account or other Investment Property and, upon Agent’s request, shall promptly take such actions as Agent deems appropriate to effect Agent’s duly its perfected, first priority Lien upon such on the Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any Collateral is in the possession of a third party, at Agent’s request, Obligors shall obtain an acknowledgment (in form and substance satisfactory to Agent) from such party that such third party it holds the Collateral for the benefit of Agent.

Certain After-Acquired Collateral. Obligors Borrowers shall promptly (a) notify Agent in writing if, after the Closing Date, any Obligor if a Borrower obtains any an interest in any Collateral consisting of (a) Deposit Account, Chattel Paper, DocumentsDocument, InstrumentsInstrument, Investment Property and or Letter-of-Credit Rights with a value in excess of $500,000Rights, or and (b) consisting of any Deposit Accounts, Securities Account or other Investment Property and, upon Agent’s request, shall promptly take such actions as Agent deems appropriate to effect Agent’s duly its perfected, first priority Lien upon on such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any Collateral is in the possession of a third party, at Agent’s request, Obligors Borrowers shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Agent.

Certain After-Acquired Collateral. Obligors shall (a) promptly notify Agent in writing if, after the Closing Date, any if an Obligor obtains any an interest in any Collateral consisting of (a) Deposit Account, Chattel Paper, DocumentsDocument, InstrumentsInstrument, Intellectual Property, Investment Property and or Letter-of-Credit Rights with a value in excess of $500,000Right, or and (b) consisting of any Deposit Accounts, Securities Account or other Investment Property and, upon Agent’s request, shall promptly take such actions as Agent deems appropriate to effect Agent’s duly its perfected, first priority Lien upon such on the Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any Collateral is in the possession of a third party, at Agent’s request, Obligors shall obtain an acknowledgment from such party that such third party it holds the Collateral for the benefit of Agent.