Certificated Securities and Instruments Clause Samples
Certificated Securities and Instruments. On the Closing Date (in the case of an Original Lien Grantor) or the date on which it signs and delivers its first Security Agreement Supplement (in the case of any other Lien Grantor), such Lien Grantor will deliver to the Collateral Agent as Collateral hereunder all certificates and notes representing Pledged Certificated Securities or Instruments (other than those set forth in Section 5.14(b) of the Credit Agreement) then owned by such Lien Grantor. Thereafter, whenever such Lien Grantor acquires any other certificate or note representing a Pledged Certificated Security or Instrument , such Lien Grantor will promptly deliver such certificate or note to the Collateral Agent as Collateral hereunder. The provisions of this subsection are subject to the limitation in Section 9(i) in the case of voting Equity Interests in a Foreign Subsidiary.
Certificated Securities and Instruments. The Grantor has delivered to the Collateral Agent, on the date hereof, without exception, all Collateral that is represented by Certificated Securities.
Certificated Securities and Instruments. (a) The Company has delivered to the Collateral Agent, on or before the date hereof, without exception, all (i) Collateral of the Company that is represented by Certificated Securities and (ii) Collateral of the Company that consists of Instruments or Chattel Paper (other than Instruments and Chattel Paper deposited or to be deposited for collection (“Non-Delivered Instruments”)), including any Receivable that is evidenced by any Instrument or Chattel Paper. None of the obligors on any Receivables of the Company with a value in excess of $100,000 is a Governmental Authority. All Collateral consisting of Instruments, Chattel Paper or Certificated Securities (other than Non-Delivered Instruments) and owned by the Company, to the actual knowledge of the Company, is listed on Schedule 1.
(b) Possession by the Collateral Agent of the notes (if any), certificates or instruments representing Pledged Collateral of the Company and possession of the proceeds thereof are the only actions necessary to perfect or protect the Liens of the Collateral Agent (for the benefit of the Secured Parties) in the Pledged Collateral of the Company represented by such notes (if any), certificates or instruments and the proceeds thereof under the UCC, and, upon delivery to the Collateral Agent of the certificate or certificates evidencing the Pledged Collateral (if any), together with an instrument of transfer duly endorsed in blank, the Lien granted to the Collateral Agent pursuant to this Agreement in and to such Pledged Collateral shall constitute a valid and enforceable perfected security interest therein superior and prior to the rights of all other Persons therein and, in each case, subject to no other Liens, sales, assignments, conveyances, settings over or transfers other than Equity Permitted Liens.
Certificated Securities and Instruments. The Company has delivered to the Collateral Agent without exception, all: (a) Pledged Collateral that is represented by certificated securities; and (b) Pledged Collateral that consists of Instruments (other than Instruments deposited or to be deposited for collection and other Instruments in a face amount of $50,000 or less (collectively, “Non-Delivered Instruments”)). All Pledged Collateral consisting of Instruments or certificated securities (other than Non-Delivered Instruments) and owned by the Company, as of the date hereof, to the actual knowledge of the Company, is listed on Annex 1 hereto.