Delivery and Other Perfection Maintenance Etc Sample Clauses
Delivery and Other Perfection Maintenance Etc. (a) Delivery of Instruments, Documents, Etc. Each Debtor shall deliver and pledge to the Secured Party or its Representative any and all Instruments, negotiable Documents, Chattel Paper and certificated securities (accompanied by stock powers executed in blank, which stock powers may be filled in and completed at any time upon the occurrence of any Event of Default) duly endorsed and/or accompanied by such instruments of assignment and transfer executed by such Debtor in such form and substance as the Secured Party or its Representative may request; provided, that so long as no Event of Default shall have occurred and be continuing, each Debtor may retain for collection in the ordinary course of business any Instruments, negotiable Documents and Chattel Paper received by such Debtor in the ordinary course of business, and the Secured Party or its Representative shall, promptly upon request of a Debtor, make appropriate arrangements for making any other Instruments, negotiable Documents and Chattel Paper pledged by such Debtor available to such Debtor for purposes of presentation, collection or renewal (any such arrangement to be effected, to the extent deemed appropriate by the Secured Party or its Representative, against a trust receipt or like document). If a Debtor retains possession of any Chattel Paper, negotiable Documents or Instruments pursuant to the terms hereof, such Chattel Paper, negotiable Documents and Instruments shall be marked with the following legend: “This writing and the obligations evidenced or secured hereby are subject to the security interest of GPB Debt Holdings II LLC, in its capacity as Collateral Agent for the benefit of the Purchaser, as secured party.”
Delivery and Other Perfection Maintenance Etc. (a) Other Documents and Actions. Debtor shall give, execute, deliver, --------------------------- file and/or record any financing statement, notice, instrument, document, agreement or other papers that may be necessary or desirable (in the reasonable judgment of Secured Party or its Representative) to create, preserve, perfect or validate the security interest granted pursuant hereto or to enable Secured Party or its Representative to exercise and enforce the rights of Secured Party hereunder with respect to such pledge and security interest, provided that notices to account debtors in respect of -------- any Accounts, Payment Intangibles or Instruments shall be subject to the provisions of clause (b) below.
Delivery and Other Perfection Maintenance Etc. (a) Delivery of Securities. Debtor shall, if any of the ---------------------- above-described shares, securities, moneys or property required to be pledged by Debtor under clause (a) of Section 3 hereof are received by or issued in the name of Debtor, subject to the provisions of Section 4.4(b) hereof, forthwith:
(i) transfer and deliver to the Secured Party such shares or securities so received by Debtor (together with the certificates for any such shares and securities, duly endorsed in blank or accompanied by undated stock powers duly executed in blank), all of which thereafter shall be held by the Secured Party pursuant to the terms of this Agreement, as part of the Collateral; and
(ii) take such other action, at Debtor's expense, as may be necessary or as the Secured Party shall deem appropriate to duly perfect the Lien created hereunder in such shares, securities, moneys or property, including, without limitation, executing and delivering to the issuers of any uncertificated securities, registration of pledge documents in form sufficient to perfect the Secured Party's security interest in such uncertificated securities.
Delivery and Other Perfection Maintenance Etc