Common use of Federal, State or Municipal Claims Clause in Contracts

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 28 contracts

Samples: Pledge and Security Agreement (Escalade Inc), Pledge and Security Agreement (FlexEnergy Green Solutions, Inc.), Pledge and Security Agreement (Friedman Industries Inc)

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Federal, State or Municipal Claims. Such The Grantor will promptly notify the Administrative Agent Lender of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 12 contracts

Samples: Pledge and Security Agreement (Mam Software Group, Inc.), Pledge and Security Agreement (Mam Software Group, Inc.), Pledge and Security Agreement (Supreme Industries Inc)

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Collateral Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 10 contracts

Samples: Pledge and Security Agreement (Star Group, L.P.), Pledge and Security Agreement (Star Group, L.P.), Pledge and Security Agreement (Star Group, L.P.)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government a Governmental Authority, or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state state, or municipal law.

Appears in 6 contracts

Samples: Security Agreement (Suburban Propane Partners Lp), Existing Credit Agreement (Suburban Propane Partners Lp), Security Agreement (Suburban Propane Partners Lp)

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent Lender of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 5 contracts

Samples: Pledge and Security Agreement (Franklin Covey Co), Security Agreement (Skyline Corp), Pledge and Security Agreement (Arotech Corp)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Agent of any Collateral owned by such Grantor which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal lawlaw of which Grantor is aware.

Appears in 4 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement (Encore Capital Group Inc), Pledge and Security Agreement (Encore Capital Group Inc)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Agent of any Collateral owned by such Grantor which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Myr Group Inc.), Pledge and Security Agreement (Priceline Com Inc), Pledge and Security Agreement (Headwaters Inc)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Agent of any Collateral owned by such Grantor which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 4 contracts

Samples: Credit Agreement (Tesoro Corp /New/), Security Agreement (Tesoro Corp /New/), Security Agreement (Tesoro Corp /New/)

Federal, State or Municipal Claims. Such Grantor The Grantors will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 4 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement (Systemax Inc), Pledge and Security Agreement (Planet Fitness, Inc.)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Collateral Agent of any Collateral owned by such Grantor which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal lawlaw at any time.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Cypress Energy Partners, L.P.), Credit Agreement (Cypress Energy Partners, L.P.)

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a material claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 2 contracts

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

Federal, State or Municipal Claims. Such Upon the request of the Administrative Agent, the Grantor will shall promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Escalade Inc), Pledge and Security Agreement (Escalade Inc)

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim in excess of $2,500,000 against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 2 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement (Mimecast LTD)

Federal, State or Municipal Claims. Such Grantor will shall promptly notify the Administrative Collateral Agent of any Collateral which constitutes a claim in excess of $5,000,000 against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Turning Point Brands, Inc.), Pledge and Security Agreement (Turning Point Brands, Inc.)

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereofthereof having a value in excess of $1,000,000, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Altra Holdings, Inc.)

Federal, State or Municipal Claims. Such Grantor The Grantors will promptly notify the US Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Systemax Inc)

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent of any Collateral represented by the Borrower as an Eligible Account which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Essendant Inc)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, in each case, in an amount in excess of $250,000, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (NewStar Financial, Inc.)

Federal, State or Municipal Claims. Such Upon the occurrence and during the continuation of a Default, the Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Security Agreement (Daisytek International Corporation /De/)

Federal, State or Municipal Claims. Such Grantor The Grantors will promptly notify the Administrative Agent of any Collateral which that constitutes a claim against the United States of America government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Security Agreement (Rohn Industries Inc)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Agent of any Collateral owned by such Grantor which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law, other than sales in the ordinary course of business.

Appears in 1 contract

Samples: Security Agreement (Abx Air Inc)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (CSK Auto Corp)

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Collateral Agent of any Collateral which constitutes a material claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Griffon Corp)

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Collateral Agent of any Collateral of such Grantor which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Iron Mining Group, Inc.)

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent of any Collateral owned by such Grantor which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Tile Shop Holdings, Inc.)

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Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government a Governmental Authority, or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Security Agreement (Aemetis, Inc)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Collateral Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Security Agreement (Astec Industries Inc)

Federal, State or Municipal Claims. Such Each Grantor will shall promptly notify the Administrative Agent of any Collateral which constitutes a claim in excess of $100,000 against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federalU.S. Federal, state or municipal law.

Appears in 1 contract

Samples: Domestic Security Agreement (Indalex Holdings Finance Inc)

Federal, State or Municipal Claims. Such The Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereofthereof in excess of $100,000, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Superior Offshore International Inc.)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Xeta Corp)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Agent of any Collateral owned by such Grantor which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal lawlaw at any time when the aggregate book value of such Collateral is greater than $500,000.

Appears in 1 contract

Samples: Pledge and Security Agreement (Inergy L P)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereofthereof if the amount of such claim exceeds $250,000, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Heartland Payment Systems Inc)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Agent of any Collateral which that constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereofother Governmental Authority, the assignment of which claim is restricted by federal, state or municipal lawLaw.

Appears in 1 contract

Samples: Pledge and Security Agreement (NewLake Capital Partners, Inc.)

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Newpark Resources Inc)

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent Lender of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Servicesource International, Inc.)

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law, and shall promptly take any action requested by the Administrative Agent in connection therewith.

Appears in 1 contract

Samples: Pledge and Security Agreement (SEACOR Marine Holdings Inc.)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Agent of any Pledged Collateral owned by such Grantor which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Credit Agreement (Central Garden & Pet Co)

Federal, State or Municipal Claims. Such Each Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Nevada Gold & Casinos Inc)

Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent of any Collateral (other than Receivables) which constitutes a claim against the United States government or any state or local government a Governmental Authority, or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Restated Security Agreement (WatchGuard, Inc.)

Federal, State or Municipal Claims. Such The Grantor will promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States government or any state or local government or any instrumentality or agency thereof, the assignment of which claim is restricted by federal, state or municipal law.

Appears in 1 contract

Samples: Pledge and Security Agreement (Matrix Service Co)

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