Common use of Collateral Notes Clause in Contracts

Collateral Notes. Debtor will take such action as may be reasonably requested by Lender in order to cause all Collateral Notes to be valid and enforceable and will cause all Collateral Notes to have only one original counterpart. Upon written request, Debtor will deliver to Lender or its agent all Collateral Notes. Debtor will not deliver possession of such Collateral to any other Person and upon written request from Lender, will xxxx each Collateral Notes with a legend indicating that such Collateral Note is subject to the security interest granted hereunder. So long as Debtor complies with the Required MCR and the Required Combined MCR and is otherwise in compliance with the Agreement, Debtor may sell Collateral Notes in whole or in part, whether by participation or otherwise.

Collateral Notes. Debtor Borrower will take such action as may be reasonably requested by Lender Credit Union in order to cause all Collateral Notes to be valid and enforceable and will cause all Collateral Notes to have only one original counterpart. Upon written request, Debtor Borrower will deliver to Lender Credit Union or its agent all Collateral Notes. Debtor Borrower will not deliver possession of such Collateral to any other Person and upon written request from LenderCredit Union, will xxxx mxxx each Collateral Notes with a legend indicating that such Collateral Note is subject to the security interest granted hereunder. So long as Debtor Borrower complies with the Required MCR and the Required Combined MCR and is otherwise in compliance with the Agreement, Debtor Borrower may sell Collateral Notes in whole or in part, whether by participation or otherwise.. 

Collateral Notes. Debtor will take such action as may be reasonably requested by Lender in order to cause all Collateral Notes to be valid and enforceable and will cause all Collateral Notes to have only one original counterpart. Upon written request, Debtor will deliver to Lender or its agent all Collateral Notes. Debtor will not deliver possession of such Collateral to any other Person and upon written request from Lender, will xxxx each Collateral Notes with a legend indicating that such Collateral Note is subject to the security interest granted hereunder. So long as Debtor complies with the Required MCR and the Required Combined MCR and is otherwise in compliance with the Agreement, Debtor may sell Collateral Notes in whole or in part, whether by participation or otherwise.

Collateral Notes. Debtor Borrower will take such action as may be reasonably requested by Lender Credit Union in order to cause all Collateral Notes to be valid and enforceable and will cause all Collateral Notes to have only one original counterpart. Upon written request, Debtor Borrower will deliver to Lender Credit Union or its agent all Collateral Notes. Debtor Borrower will not deliver possession of such Collateral to any other Person and upon written request from LenderCredit Union, will xxxx each Collateral Notes with a legend indicating that such Collateral Note is subject to the security interest granted hereunder. So long as Debtor Borrower complies with the Required MCR and the Required Combined MCR and is otherwise in compliance with the Agreement, Debtor Borrower may sell Collateral Notes in whole or in part, whether by participation or otherwise.