Decals, Markings Clause Samples
The "Decals, Markings" clause establishes requirements for the application, maintenance, or removal of decals, labels, or other identifying markings on equipment, vehicles, or property covered by the agreement. Typically, this clause specifies who is responsible for affixing or removing such markings, the standards or specifications they must meet, and any approval processes involved. Its core function is to ensure that all relevant items are properly identified for operational, security, or branding purposes, and to prevent disputes or confusion regarding ownership or responsibility for marked property.
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Decals, Markings. At the request of Agent, firmly affix a decal, stencil or other marking to designated items of Equipment, indicating thereon the security interest of Agent.
Decals, Markings. At the request of Lender, firmly affix a decal, stencil or other marking to designated items of Equipment, indicating thereon the security interest of Lender.
Decals, Markings. At the request of Lender, following the occurrence and during the continuation of an Event of Default, firmly affix a decal, stencil or other marking to designated items of Equipment, indicating thereon the security interest of Lender.
Decals, Markings. At the request of Lender, to the extent commercially practicable, firmly affix a decal, stencil or other marking to designated items of Equipment, indicating thereon the security interest of Lender; provided, however, that Lender agrees to not make such a request unless Lender reasonably believes that an event which would have a material adverse effect with respect to, or cause confusion as to the identification of, such Equipment (or other Collateral) or Lender’s Lien interests therein, is reasonably likely to occur.
Decals, Markings. At the request of Secured Party, firmly affix a decal, stencil or other marking to designated items of Collateral, indicating thereon the security interest of Secured Party.
Decals, Markings. At the request of Required Lenders, firmly affix a decal, stencil or other marking to designated items of Equipment, indicating thereon the security interest of Agent.
Decals, Markings. At the request of Lender, firmly affix a decal, stencil or other marking to designated items of Equipment valued in excess of $50,000, indicating thereon the security interest of Agent.
Decals, Markings. At the request of Required Lenders, if an Event of Default exists, firmly affix a decal, stencil or other marking to designated items of Equipment, indicating thereon the security interest of Agent.