Common use of Delivery of Instruments, Securities, Chattel Paper and Documents Clause in Contracts

Delivery of Instruments, Securities, Chattel Paper and Documents. Subject to the Intercreditor Agreement, such Grantor will (a) deliver to the Collateral Agent promptly upon execution of this Security Agreement originals of any Chattel Paper, and Instruments constituting Collateral owned by it to the extent its aggregate value exceeds $2,500,000 and certificated Securities constituting Pledged Collateral owned by it (in each case, if any then exist), (b) hold in trust for the Collateral Agent upon receipt and promptly thereafter deliver to the Collateral Agent any such Chattel Paper, Instruments and Securities constituting Collateral (subject, in the case of Chattel Paper and Instruments, to the threshold specified in clause (a)), (c) upon the Collateral Agent’s request, deliver to the Collateral Agent (and thereafter hold in trust for the Collateral Agent upon receipt and promptly deliver to the Collateral Agent) any Documents evidencing Collateral to the extent the aggregate value exceeds $2,500,000.

Delivery of Instruments, Securities, Chattel Paper and Documents. Subject to the Intercreditor AgreementAgreements, such Grantor will (a) deliver to the Collateral Agent promptly upon execution of this Security Agreement originals of any Chattel Paper, and Instruments constituting Collateral owned by it to the extent its aggregate value exceeds $2,500,000 and certificated Securities constituting Pledged Collateral owned by it (in each case, if any then exist), (b) hold in trust for the Collateral Agent upon receipt and promptly thereafter deliver to the Collateral Agent any such Chattel Paper, Instruments and Securities constituting Collateral (subject, in the case of Chattel Paper and Instruments, to the threshold specified in clause (a)), (c) upon the Collateral Agent’s request, deliver to the Collateral Agent (and thereafter hold in trust for the Collateral Agent upon receipt and promptly deliver to the Collateral Agent) any Documents evidencing Collateral to the extent the aggregate value exceeds $2,500,000.

Delivery of Instruments, Securities, Chattel Paper and Documents. Subject to the Intercreditor Agreement, such Grantor will (a) deliver to the Collateral Agent promptly upon execution of this Security Agreement originals of any Chattel Paper, and Instruments constituting Collateral owned by it to the extent its aggregate value exceeds $2,500,000 5,000,000 and certificated Securities constituting Pledged Collateral owned by it (in each case, if any then exist), (b) hold in trust for the Collateral Agent upon receipt and promptly thereafter deliver to the Collateral Agent any such Chattel Paper, Instruments and Securities constituting Collateral (subject, in the case of Chattel Paper and Instruments, to the threshold specified in clause (a)), (c) upon the Collateral Agent’s request, deliver to the Collateral Agent (and thereafter hold in trust for the Collateral Agent upon receipt and promptly deliver to the Collateral Agent) any Documents evidencing Collateral to the extent the aggregate value exceeds $2,500,0005,000,000.