Common use of Delivery of Documents; Inspection of Collateral Clause in Contracts

Delivery of Documents; Inspection of Collateral. At any time and from time to time, upon the demand of the Secured Party, the Debtor will, at the Debtor's expense: (i) immediately deliver and pledge to the Secured Party, properly endorsed to the Secured Party and/or accompanied by such instruments of assignment and transfer in such form and substance as the Secured Party may reasonably request, any and all instruments, documents, and/or chattel paper as the Secured Party may reasonably specify in its demand; (ii) give, execute, deliver, file, and/or record any notice, statement, instrument, document, agreement, or other papers that may be necessary or desirable, or that the Secured Party may reasonably request, in order to create, preserve, perfect, or validate any security interest granted pursuant hereto or intended to be granted hereunder or to enable the Secured Party to exercise or enforce its rights hereunder or with respect to such security interest; (iii) keep, stamp, or otherwise xxxx any and all documents, instruments, chattel paper, and its Books and Records relating to the Collateral in such manner as the Secured Party may reasonably require; and/or (iv) permit representatives and agents of the Secured Party access to its premises at any time reasonably requested by the Secured Party to inspect the Collateral and the Books and Records and to audit and make abstracts from the Books and Records. Any inspection, audit or abstract made in accordance with clause (iv) of the preceding sentence prior to an Event of Default will be at Secured Party's sole expense.

Appears in 1 contract

Samples: Note (Us Energy Corp)

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Delivery of Documents; Inspection of Collateral. At any time and from time to time, upon the demand of the Secured PartyLender, the Debtor will, at the Debtor's expense: (i) immediately deliver and pledge to Lender for the benefit of the Secured Party, properly endorsed to the Secured Party Lender and/or accompanied by such instruments of assignment and transfer in such form and substance as the Secured Party Lender may reasonably request, any and all instruments, documents, and/or chattel paper as the Secured Party Lender may reasonably specify in its demand; (ii) give, execute, deliver, file, and/or record any notice, statement, instrument, assignment, document, agreement, or other papers that may be necessary or desirable, or that the Secured Party Lender may reasonably request, in order to create, preserve, perfect, or validate any security interest granted pursuant hereto or intended to be granted hereunder or to enable the Secured Party Lender to exercise or enforce for the benefit of the Secured Party its rights hereunder or with respect to such security interest; (iii) keep, stamp, or otherwise xxxx mark any and all documents, instrumentsInstruments, chattel paperChattel Paper, and its Books and Records relating to the Collateral in such manner as the Secured Party Lender may reasonably require; and/or (iv) permit representatives and agents of the Secured Party Lender access to its premises at any time reasonably requested by the Secured Party Xxxxxx to inspect the Collateral and the Books and Records and to audit and make abstracts from the Books and Records. Any inspection, audit or abstract made in accordance with clause (iv) of the preceding sentence prior to an Event of Default will be at Secured Party's sole expense.

Appears in 1 contract

Samples: Mortgage (Naco Industries Inc)

Delivery of Documents; Inspection of Collateral. At any time and from time to time, upon the demand of the Secured Party, the Debtor will, at the Debtor's expense: (i) immediately deliver and pledge to the Secured Party, properly endorsed to the Secured Party and/or accompanied by such instruments of assignment and transfer in such form and substance as the Secured Party may reasonably request, any and all instruments, documents, and/or chattel paper as the Secured Party may reasonably specify in its demand; (ii) give, execute, deliver, file, and/or record any notice, statement, instrument, document, agreement, or other papers that may be necessary or desirable, or that the Secured Party may reasonably request, in order to create, preserve, perfect, or validate any security interest granted pursuant hereto or intended to be granted hereunder or to enable the Secured Party to exercise or enforce its rights hereunder or with respect to such security interest; (iii) keep, stamp, or otherwise xxxx mark any and all documents, instruments, chattel paper, and its Books and Booxx xnd Records relating to the Collateral in such manner as the Secured Party may reasonably require; and/or (iv) permit representatives and agents of the Secured Party access to its premises at any time reasonably requested by the Secured Party to inspect the Collateral and the Books and Records and to audit and make abstracts from the Books and Records. Any inspection, audit or abstract made in accordance with clause (iv) of the preceding sentence prior to an Event of Default will be at Secured Party's sole expense.

Appears in 1 contract

Samples: Note (Us Energy Corp)

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Delivery of Documents; Inspection of Collateral. At any time and from time to time, upon the demand of the Secured Party, the Debtor will, at the Debtor's expense: (i) immediately deliver and pledge to the Secured Party, properly endorsed to the Secured Party and/or accompanied by such instruments of assignment and transfer in such form and substance as the Secured Party may reasonably request, any and all instruments, documents, and/or chattel paper owned by Debtor as the Secured Party may reasonably specify in its demand; (ii) give, execute, deliver, file, and/or record any notice, statement, instrument, document, agreement, agreement or other papers that may be necessary or desirablenecessary, or that the Secured Party may reasonably request, in order to create, preserve, perfect, perfect or validate any security interest granted pursuant hereto or intended to be granted hereunder or to enable the Secured Party to exercise or enforce its rights hereunder or with respect to such security interest; (iii) keep, stamp, stamp or otherwise xxxx mark any and all documents, instruments, chattel paper, paxxx and its Books and Records relating to the Collateral in such manner as the Secured Party may reasonably require; and/or (iv) permit representatives and agents of the Secured Party access to its premises at any reasonable time reasonably requested by the Secured Party to inspect the Collateral and the Books and Records and to audit and make abstracts from the Books and Records. Any inspection, audit or abstract made in accordance with clause (iv) of the preceding sentence prior to an Event of Default will be at Secured Party's sole expense.

Appears in 1 contract

Samples: Security Agreement (Inveresk Research Group Inc)

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