Common use of Covenants Relating to Collateral Clause in Contracts

Covenants Relating to Collateral. (a) Whenever any Credit Party shall receive any Instrument or Chattel Paper which is intended to be Collateral under the Guarantee and the Collateral Agreement, CCHC shall cause such Credit Party to comply with the provisions of Section 5.2 of the Guarantee and Collateral Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Cooperative Computing Inc /De/), Credit Agreement (Cooperative Computing Inc /De/)

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Covenants Relating to Collateral. (a) Whenever any Credit Party shall receive any Instrument or Chattel Paper which is intended to be Collateral under the Guarantee and the Collateral Agreement, CCHC Holdings shall cause such Credit Party to comply with the provisions of Section 5.2 of the Guarantee and Collateral Agreement.

Appears in 1 contract

Samples: Credit Agreement (Activant Solutions Inc /De/)

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Covenants Relating to Collateral. (a) Whenever any Credit Party shall receive any Instrument or Chattel Paper which is intended to be Collateral under the Guarantee and the Collateral Agreement, CCHC CCI shall cause such Credit Party to comply with the provisions of Section 5.2 of the Guarantee and Collateral Agreement.

Appears in 1 contract

Samples: Credit Agreement (Cooperative Computing Inc /De/)

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