Common use of Delivery of Assigned Agreements Clause in Contracts

Delivery of Assigned Agreements. 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. Debtor will likewise deliver to the Intercreditor Agent an executed counterpart of each future lease, construction agreement, operation agreement and other agreement entered into by 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. Debtor will further: (1) xxxx conspicuously each item of chattel paper and, at the reasonable request of the Intercreditor Agent, 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.

Appears in 1 contract

Samples: Mall Construction Subsidiary 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 AgreementsAgreements executed on or prior to the Closing Date. Each Debtor will likewise deliver to the Intercreditor Agent an executed counterpart copy of each future lease, construction agreement, operation agreement Assigned Agreement not yet delivered and other agreement each Material Contract entered into by Debtor, any notices, reports or requests for information related to any of the foregoing, Debtors and amendments and supplements to the foregoing, as they are entered into by Debtor promptly upon the execution thereof. Each Debtor will will, at the reasonable request of the Intercreditor Agent, further: (1) xxxx conspicuously each item of chattel paper and, at the reasonable request of the Intercreditor Agent, 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 (Las Vegas Sands Inc)

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 AgreementsAgreements executed on or prior to the Closing Date. Each Debtor will likewise deliver to the Intercreditor Agent an executed counterpart copy of each future lease, construction agreement, operation agreement Assigned Agreement not yet delivered and other agreement each Material Contract entered into by Debtor, any notices, reports or requests for information related to any of the foregoing, Debtors and amendments and supplements to the foregoing, as they are entered into by Debtor promptly upon the execution thereof. Each Debtor will further: (1) xxxx conspicuously each item of chattel paper andwill, at the reasonable request of the Intercreditor Agent, further: (i) 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 unless such lease, construction agreement, operation agreement or other material agreement is not in violation of either the Credit Agreement or the Mortgage Notes Indenture.

Appears in 1 contract

Samples: Security Agreement (Las Vegas Sands Corp)

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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. Each Debtor will likewise deliver to the Intercreditor Agent an executed counterpart of each future lease, construction agreement, operation agreement and other agreement entered into by DebtorDebtors, 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 will further: (1) xxxx conspicuously each item of chattel paper and, at the reasonable request of the Intercreditor Agent, 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 the Disbursement Agreement, while applicable, the Bank Credit Agreement, the Mortgage Notes Indenture and the GMAC Credit Agreement.

Appears in 1 contract

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

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