Chattel Paper, Documents and Instruments. Debtor will take such action as may be reasonably requested by Lender in order to cause any chattel paper, documents or instruments owned by Debtor and included in the Borrowing Base to be valid and enforceable and will cause all chattel paper, and instruments to have only one original counterpart. Upon request by Lender, Debtor will deliver to Lender all originals of such chattel paper, documents or instruments and unless such request is made, Debtor will not deliver possession of such chattel paper, documents or instruments to any Person and will xxxx all chattel paper, documents or instruments with a legend indicating that such chattel paper, document or instrument is subject to the security interest granted hereunder.
Appears in 1 contract
Samples: Loan and Security Agreement (Teletouch Communications Inc)
Chattel Paper, Documents and Instruments. Debtor will take such action as may be reasonably requested by Lender in order to cause any chattel paper, documents or instruments owned by Debtor and included in the Borrowing Base to be valid and enforceable and will cause all chattel paper, and instruments to have only one original counterpart. Upon request by Lender, Debtor will deliver to Lender all originals of such chattel paper, documents or instruments and unless such request is made, Debtor will not deliver possession of such chattel paper, documents or instruments to any Person and will xxxx mxxx all chattel paper, documents or instruments with a legend indicating that such chattel paper, document or instrument is subject to the security interest granted hereunder.
Appears in 1 contract
Samples: Loan and Security Agreement (Blue Dolphin Energy Co)
Chattel Paper, Documents and Instruments. Debtor will take such action as may be reasonably requested by Lender Collateral Agent in order to cause any chattel paper, documents or instruments owned by Debtor and included in the Borrowing Base to be valid and enforceable and will cause all chattel paper, and instruments to have only one original counterpart. Upon request by LenderCollateral Agent, Debtor will deliver to Lender Collateral Agent all originals of such chattel paper, documents or instruments and unless such request is made, Debtor will not deliver possession of such chattel paper, documents or instruments to any Person and will xxxx all chattel paper, documents or instruments with a legend indicating that such chattel paper, document or instrument is subject to the security interest granted hereunder.
Appears in 1 contract
Chattel Paper, Documents and Instruments. Debtor will take such action as may be reasonably requested by Lender in order to cause any chattel paper, documents or instruments owned by Debtor and included in the Borrowing Base to be valid and enforceable and will cause all chattel paper, and instruments to have only one original counterpart. Upon request by Lender, Debtor will deliver to Lender all originals of such chattel paper, documents or instruments and unless such request is made, Debtor will not deliver possession of such chattel paper, documents or instruments to any Person and will xxxx all chattel paper, documents or instruments with a legend indicating that such chattel paper, document or instrument is subject to the security interest granted hereunder.
Appears in 1 contract
Samples: Loan and Security Agreement (Blue Dolphin Energy Co)