Common use of Electronic Chattel Paper Clause in Contracts

Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion to grant the Administrative Agent Control of all electronic chattel paper valued in excess of $500,000 in the aggregate for all such electronic chattel paper in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Farmer Brothers Co), Pledge and Security Agreement (Farmer Brothers Co), Credit Agreement (Farmer Brothers Co)

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Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued with a value in excess of $500,000 in the aggregate for all such electronic chattel paper 5,000,000 in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 3 contracts

Samples: Term Credit Agreement (Ascena Retail Group, Inc.), Term Credit Agreement (Ascena Retail Group, Inc.), Credit Agreement (Ascena Retail Group, Inc.)

Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion to grant the Administrative Agent Control of all electronic chattel paper valued involving amounts in excess of $500,000 in the aggregate for all such electronic chattel paper 5,000,000, in accordance with the UCC and all "transferable records" as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Smithfield Foods Inc), Pledge and Security Agreement (Smithfield Foods Inc)

Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued with a value in excess of $500,000 in the aggregate for all such electronic chattel paper in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 2 contracts

Samples: Pledge and Security Agreement (PLAYSTUDIOS, Inc.), Pledge and Security Agreement (PLAYSTUDIOS, Inc.)

Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued included in the Collateral individually or in the aggregate in excess of $500,000 in the aggregate for all such electronic chattel paper 2,500,000 in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 2 contracts

Samples: u.s. Pledge and Security Agreement (Urban Outfitters Inc), Pledge and Security Agreement (Urban Outfitters Inc)

Electronic Chattel Paper. Such Grantor shall shall, upon the Administrative Agent’s written request, take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control (subject to the Intercreditor Agreement) of all any electronic chattel paper valued in excess of $500,000 in the aggregate for all such electronic chattel paper in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce ActAct which individually has a face amount of more than $500,000 or in the aggregate more than $2,000,000in accordance with the UCC.

Appears in 2 contracts

Samples: Revolving Facility Credit Agreement (Fender Musical Instruments Corp), Term Facility Credit Agreement (Fender Musical Instruments Corp)

Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued with an individual value in excess of $500,000 in the aggregate for all such electronic chattel paper 25,000 in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Wanxiang Group Corp), Pledge and Security Agreement (A123 Systems, Inc.)

Electronic Chattel Paper. Such Grantor Obligor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued with a value in excess of $500,000 in the aggregate for all such electronic chattel paper 1,000,000 in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 2 contracts

Samples: Guaranty and Collateral Agreement, Guaranty and Collateral Agreement (Superior Energy Services Inc)

Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion to grant the Administrative Agent Control of all electronic chattel paper valued involving amounts in excess of $500,000 in the aggregate for all such electronic chattel paper 5,000,000, in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 1 contract

Samples: Pledge and Security Agreement (Smithfield Foods Inc)

Electronic Chattel Paper. Such Upon request by the Administrative Agent, such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued in excess of $500,000 in the aggregate for all such electronic chattel paper in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 1 contract

Samples: Pledge and Security Agreement (Mgi Pharma Inc)

Electronic Chattel Paper. Such Grantor Each Guarantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued in excess with a value individually of $500,000 in the aggregate for all such electronic chattel paper 100,000 or more in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (Golden Entertainment, Inc.)

Electronic Chattel Paper. Such Grantor shall (i) take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued with an individual value in excess of $500,000 in the aggregate for all such electronic chattel paper 100,000 in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce ActAct and (ii) not permit the aggregate value of all electronic chattel paper of all Grantors for which Control has not been granted to the Administrative Agent in accordance with the foregoing clause (i) to exceed $250,000.

Appears in 1 contract

Samples: Security Agreement (Vista Proppants & Logistics Inc.)

Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued in excess of $500,000 100,000 (individually or in the aggregate for all such electronic chattel paper aggregate) in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 1 contract

Samples: Pledge and Security Agreement (Chefs' Warehouse, Inc.)

Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued in excess of $500,000 in the aggregate for all such electronic chattel paper in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act, in each case to the extent such electronic chattel paper or transferable records are valued in excess of $250,000 individually or $500,000 in the aggregate.

Appears in 1 contract

Samples: Pledge and Security Agreement (Intapp, Inc.)

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Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued in excess of $500,000 (individually or in the aggregate for all such electronic chattel paper aggregate) in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 1 contract

Samples: Pledge and Security Agreement (Chefs' Warehouse, Inc.)

Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued with an individual value in excess of $500,000 in the aggregate for all such electronic chattel paper 250,000 in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 1 contract

Samples: Pledge and Security Agreement (Frank's International N.V.)

Electronic Chattel Paper. Such Upon the request of the Administrative Agent, such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued with an aggregate face value in excess of $500,000 in the aggregate for all such electronic chattel paper in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 1 contract

Samples: Pledge and Security Agreement (Myriad Genetics Inc)

Electronic Chattel Paper. Such Each Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued in excess of $500,000 in the aggregate for all such electronic chattel paper in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act, in each case with a face value in excess of $1,000,000.

Appears in 1 contract

Samples: Pledge and Security Agreement (Advisory Board Co)

Electronic Chattel Paper. Such Each Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued in excess with a value individually of $500,000 in the aggregate for all such electronic chattel paper or more in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (Stonemor Partners Lp)

Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion Permitted Discretion to grant the Administrative Agent Control of all electronic chattel paper valued in excess of $500,000 100,000 in the aggregate for all such electronic chattel paper in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 1 contract

Samples: Pledge and Security Agreement (Farmer Brothers Co)

Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion reasonably necessary to grant the Administrative Collateral Agent Control of all electronic chattel paper valued in excess of $500,000 in to the extent the aggregate for all value of such electronic chattel paper exceeds $5,000,000, in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 1 contract

Samples: Indenture (Easton-Bell Sports, Inc.)

Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued with an aggregate face value in excess of $500,000 in the aggregate for all such electronic chattel paper 250,000 in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 1 contract

Samples: Pledge and Security Agreement (Exactech Inc)

Electronic Chattel Paper. Such Grantor shall take all steps requested by the Administrative Agent in its reasonable discretion necessary to grant the Administrative Agent Control of all electronic chattel paper valued consisting of Collateral in excess of $500,000 in the aggregate for all such electronic chattel paper 2,000,000 in accordance with the UCC and all “transferable records” as defined in each of the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.

Appears in 1 contract

Samples: Credit Agreement (Ethan Allen Interiors Inc)

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