Delivery of Instruments and Chattel Paper. If any amount in excess of $2,500,000 payable under or in connection with any Collateral owned by such Grantor shall be or become evidenced by an Instrument or Chattel Paper, such Grantor shall immediately deliver such Instrument or Chattel Paper to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, or, if consented to by the Administrative Agent, shall xxxx all such Instruments and Chattel Paper with the following legend: “This writing and the obligations evidenced or secured hereby are subject to the security interest of Citicorp North America, Inc., as Administrative Agent”.
Appears in 3 contracts
Samples: Credit Agreement (Marquee Holdings Inc.), Pledge and Security Agreement (Marquee Holdings Inc.), Pledge and Security Agreement (Amc Entertainment Inc)
Delivery of Instruments and Chattel Paper. If any amount in excess of $2,500,000 100,000 payable under or in connection with any Collateral owned by such Grantor shall be or become evidenced by an Instrument or Chattel Paper, such Grantor shall immediately deliver such Instrument or Chattel Paper to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, or, if consented to by the Administrative Agent, shall xxxx all such Instruments and Chattel Paper with the following legend: “"This writing and the obligations evidenced or secured hereby are subject to the security interest of Citicorp North AmericaUSA, Inc., as Administrative Agent”".
Appears in 3 contracts
Samples: Credit Agreement (Edo Corp), Pledge and Security Agreement (WCI Steel, Inc.), Credit Agreement (WCI Steel, Inc.)
Delivery of Instruments and Chattel Paper. If any amount in excess of $2,500,000 250,000 payable under or in connection with any Collateral owned by such Grantor shall be or become evidenced by an Instrument or Chattel Paper, such Grantor shall immediately deliver such Instrument or Chattel Paper to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, or, if consented to by the Administrative Agent, shall xxxx all such Instruments and Chattel Paper with the following legend: “This writing and the obligations evidenced or secured hereby are subject to the security interest of Citicorp North AmericaUSA, Inc., as Administrative Agent”.
Appears in 3 contracts
Samples: Pledge and Security Agreement (J Crew Group Inc), Credit Agreement (J Crew Group Inc), Pledge and Security Agreement (J Crew Group Inc)
Delivery of Instruments and Chattel Paper. If any amount in excess of $2,500,000 500,000 payable under or in connection with any Collateral owned by such Grantor shall be or become evidenced by an Instrument or Chattel Paper, such Grantor shall immediately promptly deliver such Instrument or Chattel Paper to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, or, if consented to by the Administrative Agent, shall xxxx mxxx all such Instruments and Chattel Paper with the following legend: “This writing and the obligations evidenced or secured hereby are subject to the security interest of Citicorp North AmericaCitibank, Inc.N.A., as Administrative Agent”.
Appears in 2 contracts
Samples: Credit Agreement (Orbital Sciences Corp /De/), Pledge and Security Agreement (Orbital Sciences Corp /De/)
Delivery of Instruments and Chattel Paper. If any amount in excess of $2,500,000 100,000 payable under or in connection with any of the Collateral owned by such Grantor shall be or become evidenced by an Instrument or Chattel Paper, such Grantor shall immediately deliver such Instrument or Chattel Paper to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, or, if consented to by the Administrative Agent, shall xxxx all such Instruments and Chattel Paper with the following legend: “"This writing and the obligations evidenced or secured hereby are subject to the security interest of Citicorp North AmericaUSA, Inc., as Administrative Agent”".
Appears in 1 contract
Delivery of Instruments and Chattel Paper. If any amount in excess of $2,500,000 2,500,000, individually, payable under or in connection with any Collateral owned by such Grantor shall be or become evidenced by an Instrument or Chattel Paper, such Grantor shall immediately promptly deliver such Instrument or Chattel Paper to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, or, if consented to by the Administrative Agent, shall xxxx all such Instruments and Chattel Paper with the following legend: “This writing and the obligations evidenced or secured hereby are subject to the security interest of Citicorp North America, Inc., as Administrative Agent”.
Appears in 1 contract
Samples: Pledge and Security Agreement (Amc Entertainment Inc)
Delivery of Instruments and Chattel Paper. If any amount in excess of $2,500,000 250,000 payable under or in connection with any Collateral owned by such Grantor shall be or become evidenced by an Instrument or Chattel Paper, such Grantor shall immediately deliver such Instrument or Chattel Paper to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, or, if consented to by the Administrative Agent, shall xxxx mxxx all such Instruments and Chattel Paper with the following legend: “This writing and the obligations evidenced or secured hereby are subject to the security interest of Citicorp North America, Inc., as Administrative Agent”.
Appears in 1 contract
Samples: Pledge and Security Agreement (Amkor Technology Inc)
Delivery of Instruments and Chattel Paper. If any amount in excess of $2,500,000 100,000 payable under or in connection with any Collateral owned by such Grantor shall be or become evidenced by an Instrument or Chattel Paper, such Grantor shall immediately promptly deliver such Instrument or Chattel Paper to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, or, if consented to by the Administrative Agent, shall xxxx all such Instruments and Chattel Paper with the following legend: “"This writing and the obligations evidenced or secured hereby are subject to the security interest of Citicorp North America, Inc., as Administrative Agent”Agent for the benefit of the Secured Parties".
Appears in 1 contract
Samples: Pledge and Security Agreement (Warnaco Group Inc /De/)