Common use of Chattel Paper, Documents and Instruments Clause in Contracts

Chattel Paper, Documents and Instruments. Debtor will take such action as may be reasonably requested by Collateral Agent in order to cause any chattel paper, documents or instruments to be valid and enforceable and will cause all chattel paper, and instruments to have only one original counterpart. Upon request by Collateral Agent, Debtor will deliver to Collateral Agent all originals of 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: Security Agreement (Northstar Healthcare Inc)

AutoNDA by SimpleDocs

Chattel Paper, Documents and Instruments. Debtor will take such action as may be reasonably requested by Collateral Agent Lender in order to cause any chattel paper, documents or instruments to be valid and enforceable and will cause all chattel paper, and instruments to have only one original counterpart. Upon request by Collateral AgentLender, Debtor will deliver to Collateral Agent Lender all originals of 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)

Chattel Paper, Documents and Instruments. Debtor will take such action as may be reasonably requested by Collateral Agent 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 Collateral AgentLender, Debtor will deliver to Collateral Agent 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)

AutoNDA by SimpleDocs

Chattel Paper, Documents and Instruments. Debtor will take such action as may be reasonably requested by Collateral Agent Lender in order to cause any chattel paper, documents or instruments to be valid and enforceable and will cause all chattel paper, and instruments to have only one original counterpart. Upon request by Collateral AgentLender, Debtor will deliver to Collateral Agent Lender all originals of 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)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!