Common use of Delivery of Assigned Agreements Clause in Contracts

Delivery of Assigned Agreements. Each Debtor has heretofore delivered, or concurrently with the delivery hereof, is delivering to the Intercreditor Agent an executed counterpart or certified copy of each of the Assigned Agreements executed on or prior to the Closing Date. Each Debtor will likewise deliver to the Intercreditor Agent an executed copy of each Assigned Agreement not yet delivered and each Material Contract entered into by Debtors and amendments and supplements to the foregoing, as they are entered into by Debtor promptly upon the execution thereof. Each Debtor will, at the reasonable request of the Intercreditor Agent, further: (1) xxxx conspicuously each item of chattel paper and each of its records pertaining to the Collateral, with a legend, in form and substance reasonably satisfactory to the Intercreditor Agent, indicating that such Collateral is subject to the security interest granted hereby, (ii) at the reasonable request of the Intercreditor Agent, deliver and pledge to the Intercreditor Agent hereunder all promissory notes and other instruments and all original counterparts of chattel paper constituting Collateral, duly endorsed and accompanied by duly executed instruments of transfer or assignment, all in form and substance satisfactory to the Intercreditor Agent. Notwithstanding anything to the contrary contained herein, no such future lease, construction agreement, operation agreement or other material agreement may be entered into by Debtor except as permitted under both the Credit Agreement and the Mortgage Notes Indenture.

Appears in 1 contract

Samples: Security Agreement (Las Vegas Sands Inc)

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Delivery of Assigned Agreements. Each Debtor has heretofore delivered, or concurrently with the delivery hereof, is delivering to the Intercreditor Agent an executed counterpart or certified copy of each of the Assigned Agreements executed on or prior to the Closing Date. Each Debtor will likewise deliver to the Intercreditor Agent an executed copy of each Assigned Agreement not yet delivered and each Material Contract entered into by Debtors and amendments and supplements to the foregoing, as they are entered into by Debtor promptly upon the execution thereof. Each Debtor will, at the reasonable request of the Intercreditor Agent, further: : (1i) xxxx conspicuously each item of chattel paper and each of its records pertaining to the Collateral, with a legend, in form and substance reasonably satisfactory to the Intercreditor Agent, indicating that such Collateral is subject to the security interest granted hereby, (ii) at the reasonable request of the Intercreditor Agent, deliver and pledge to the Intercreditor Agent hereunder all promissory notes and other instruments and all original counterparts of chattel paper constituting Collateral, duly endorsed and accompanied by duly executed instruments of transfer or assignment, all in form and substance satisfactory to the Intercreditor Agent. Notwithstanding anything to the contrary contained herein, no such future lease, construction agreement, operation agreement or other material agreement may be entered into by Debtor except as permitted under both unless such lease, construction agreement, operation agreement or other material agreement is not in violation of either the Credit Agreement and or the Mortgage Notes Indenture.

Appears in 1 contract

Samples: Security Agreement (Las Vegas Sands Corp)

Delivery of Assigned Agreements. Each Debtor has heretofore delivered, or concurrently with the delivery hereof, is delivering to the Intercreditor Agent an executed counterpart or certified copy of each of the Assigned Agreements executed on or prior to the Closing DateAgreements. Each Debtor will likewise deliver to the Intercreditor Agent an executed copy counterpart of each Assigned Agreement not yet delivered future lease, construction agreement, operation agreement and each Material Contract other agreement entered into by Debtors Debtors, any notices, reports or requests for information related to any of the foregoing, and amendments and supplements to the foregoing, as they are entered into by Debtor promptly upon the execution thereof. Each Debtor willwill further: (1) xxxx conspicuously each item of chattel paper and, at the reasonable request of the Intercreditor Agent, further: (1) xxxx conspicuously each item of chattel paper and each of its records pertaining to the Collateral, with a legend, in form and substance reasonably satisfactory to the Intercreditor Agent, indicating that such Collateral is subject to the security interest granted hereby, (ii) at the reasonable request of the Intercreditor Agent, deliver and pledge to the Intercreditor Agent hereunder all promissory notes and other instruments (including checks) and all original counterparts of chattel paper constituting Collateral, duly endorsed and accompanied by duly executed instruments of transfer or assignment, all in form and substance satisfactory to the Intercreditor Agent. Notwithstanding anything to the contrary contained herein, no such future lease, construction agreement, operation agreement or other material agreement may be entered into by Debtor except as permitted under both the Disbursement Agreement, while applicable, the Bank Credit Agreement and Agreement, the Mortgage Notes IndentureIndenture and the GMAC Credit Agreement.

Appears in 1 contract

Samples: Company Security Agreement (Grand Canal Shops Mall Construction LLC)

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Delivery of Assigned Agreements. Each Debtor has heretofore delivered, or concurrently with the delivery hereof, is delivering to the Intercreditor Agent an executed counterpart or certified copy of each of the Assigned Agreements executed on or prior to the Closing DateAgreements. Each Debtor will likewise deliver to the Intercreditor Agent an executed copy counterpart of each Assigned Agreement not yet delivered future lease, construction agreement, operation agreement and each Material Contract other agreement entered into by Debtors Debtor, any notices, reports or requests for information related to any of the foregoing, and amendments and supplements to the foregoing, as they are entered into by Debtor promptly upon the execution thereof. Each Debtor willwill further: (1) xxxx conspicuously each item of chattel paper and, at the reasonable request of the Intercreditor Agent, further: (1) xxxx conspicuously each item of chattel paper and each of its records pertaining to the Collateral, with a legend, in form and substance reasonably satisfactory to the Intercreditor Agent, indicating that such Collateral is subject to the security interest granted hereby, (ii) at the reasonable request of the Intercreditor Agent, deliver and pledge to the Intercreditor Agent hereunder all promissory notes and other instruments (including checks) and all original counterparts of chattel paper constituting Collateral, duly endorsed and accompanied by duly executed instruments of transfer or assignment, all in form and substance satisfactory to the Intercreditor Agent. Notwithstanding anything to the contrary contained herein, no such future lease, construction agreement, operation agreement or other material agreement may be entered into by Debtor except as permitted under both the Credit Agreement and the Mortgage Notes Indenture.

Appears in 1 contract

Samples: Security Agreement (Grand Canal Shops Mall Construction LLC)

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