Collateral Not to be Evidenced by Instruments. No Credit Party shall take any action to cause all or any portion of the Collateral that is not, as of the applicable Borrowing Date, evidenced by an Instrument to be so evidenced except, with the Administrative Agent’s consent, in connection with the enforcement or collection of such Collateral.
Appears in 7 contracts
Samples: Credit Agreement (CapLease, Inc.), Credit Agreement (Northstar Realty), Credit Agreement (Arbor Realty Trust Inc)
