Common use of Collateral Held by Warehouseman, Bailee, etc Clause in Contracts

Collateral Held by Warehouseman, Bailee, etc. If any Collateral valued at $100,000 or more is at any time in the possession or control of a warehouseman, bailee or any agent or processor of such Obligor, (i) notify the Agent of such possession, (ii) notify such Person of the Agent's security interest for the benefit of the Lenders in such Collateral, and (iii) assist the Agent in obtaining executed Acknowledgment Agreements from such Person.

Collateral Held by Warehouseman, Bailee, etc. If any Collateral valued at in excess of $100,000 or more in the aggregate is at any time in the possession or control of a warehouseman, bailee or any agent or processor of such Obligor, Obligor and the Collateral Agent so requests (i) notify such Person in writing of the Agent of such possessionCollateral Agent’s security interest therein, (ii) notify instruct such Person of to hold all such Collateral for the Collateral Agent's security interest ’s account and subject to the Collateral Agent’s instructions and (iii) use reasonable best efforts to obtain a written acknowledgment from such Person that it is holding such Collateral for the benefit of the Lenders in such Collateral, and (iii) assist the Agent in obtaining executed Acknowledgment Agreements from such PersonCollateral Agent.

Collateral Held by Warehouseman, Bailee, etc. If any Collateral valued at with a value in excess of $100,000 or more 250,000 is at any time in the possession or control of a warehouseman, bailee or any agent or processor of such Obligor, Obligor and the Collateral Agent so requests (i) notify such Person in writing of the Agent of such possessionCollateral Agent’s security interest therein, (ii) notify instruct such Person of to hold all such Collateral for the Collateral Agent's security interest ’s account and subject to the Collateral Agent’s instructions and (iii) use commercially reasonable efforts to obtain a written acknowledgment from such Person that it is holding such Collateral for the benefit of the Lenders in such Collateral, and (iii) assist the Agent in obtaining executed Acknowledgment Agreements from such PersonCollateral Agent.

Collateral Held by Warehouseman, Bailee, etc. If any Collateral valued at with a value of $100,000 or more is at any time in the possession or control of a warehouseman, bailee or any agent or processor of such Obligor, Obligor and the Collateral Agent so requests (i) notify such Person in writing of the Agent of such possessionCollateral Agent’s security interest therein, (ii) notify instruct such Person of to hold all such Collateral for the Collateral Agent's security interest ’s account and subject to the Collateral Agent’s instructions and (iii) use reasonable best efforts to obtain a written acknowledgment from such Person that it is holding such Collateral for the benefit of the Lenders in such Collateral, and (iii) assist the Agent in obtaining executed Acknowledgment Agreements from such PersonCollateral Agent.

Collateral Held by Warehouseman, Bailee, etc. If any Collateral valued at in excess of $100,000 or more is at any time in the possession or control of a warehouseman, bailee or any agent or processor of such Obligor, (i) notify the Agent of such possession, (ii) notify such Person of the Agent's ’s security interest for the benefit of the Agent and the Lenders in such Collateral, and (iii) assist instruct such Person to hold all such Collateral for the Agent in obtaining executed Acknowledgment Agreements Agent’s account subject to the Agent’s instructions and (iv) use commercially reasonable efforts to obtain a signed acknowledgment of the Agent’s Liens from such Person.