Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent of any Collateral with a face value in excess of $250,000 individually or $500,000 in the aggregate 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, or, to the knowledge of such Grantor, state or municipal law.
Appears in 2 contracts
Samples: Patent Security Agreement (Farmer Brothers Co), Pledge and Security Agreement (Farmer Brothers Co)
Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent of any Collateral with a face value in excess of $250,000 individually or $500,000 in the aggregate 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, or, to the knowledge of such Grantor, state or municipal law. 4.11.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Farmer Brothers Co), Credit Agreement (Farmer Brothers Co)
Federal, State or Municipal Claims. Such Grantor will promptly notify the Administrative Agent of any Collateral with a an individual face value in excess of exceeding $250,000 individually or $500,000 in the aggregate 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, or, to the knowledge of such Grantor, state or municipal law.
Appears in 1 contract
Samples: Security Agreement (Furniture Brands International Inc)
