Identification of Collateral. All of the right, title and interest of Debtor in and to the following property, wherever located and whether now owned by Debtor or hereafter acquired by Debtor:
Identification of Collateral. Without limiting the foregoing general grant of a security interest, as set forth in the Security Agreement, Collateral subject to the security interest granted herein shall include but not be limited to (i) inventory listed on invoices submitted to Bank by manufacturers attached to drafts submitted by manufacturers for payment, which drafts Bank pays; and/or (ii) inventory in Borrower's possession set out on a list submitted by Borrower as Collateral for Advances directly to Borrower.
Identification of Collateral. All Mortgage Loans and Securities at any time delivered to the Collateral Agent hereunder shall be held by the Collateral Agent in a fire resistant vault, drawer or other suitable depositary maintained in accordance with Federal Agency standards and controlled solely by the Collateral Agent, conspicuously marked to show the respective interests of the Secured Parties therein and not commingled with any other assets or property of, or held by, the Collateral Agent. Accordingly, if (pursuant to Paragraph 7(b) below) the Collateral Agent receives a shipping request pursuant to which the Collateral Agent is to retain physical possession of the applicable Mortgage Loans or Securities as an agent for any Person other than the Secured Parties, the Collateral Agent shall physically separate such Mortgage Loans or Securities from the remainder of the Collateral and shall execute any transmittal letters required under Paragraph 7(b) below.
Identification of Collateral. All Mortgage Loans and Securities at any time delivered to the Collateral Agent hereunder shall be held by the Collateral Agent in a fire resistant vault, drawer or other suitable depositary maintained in accordance with Federal Agency standards and controlled solely by the Collateral Agent, conspicuously marked to show the respective interests of the Secured Parties therein and not commingled with any other assets or property of, or held by, the Collateral Agent. Accordingly, if (pursuant to Paragraph 7(b) below) the Collateral Agent receives a shipping request pursuant to which National City Bank of Kentucky is to retain physical possession of the applicable Mortgage Loans or Securities as an agent for any Person other than the Secured Parties, the Collateral Agent shall physically separate such Mortgage Loans or Securities from the remainder of the Collateral and shall execute any transmittal letters required under Paragraph 7(b) below.
Identification of Collateral. Upon demand of the Bank, Debtor shall xxxx any or all Collateral in a manner sufficient to identify the security interest of the Bank.
Identification of Collateral. Upon request of Lender, Debtor will stamp on its records concerning the Collateral, a notation, in form satisfactory to Lender, of the security interest of Lender hereunder, and when requested by Lender, Debtor shall further affix to the Collateral such signs or labels as shall be satisfactory to Lender to indicate the security interest of Lender in the Collateral. Upon request of Lender at any time, Debtor will deliver to Lender lists or copies of all Collateral promptly and will deliver to Lender, promptly upon receipt, all proceeds of Collateral received by Debtor, including proceeds of the Accounts Collateral referred to above, in the exact form in which they are received. To protect Lender’s rights hereunder, Debtor will assign or endorse proceeds to Lender as Lender may request, and hereby constitute any officer or employee of Lender its true and lawful attorney-in-fact, with full power to endorse the name of Debtor upon any invoice, freight or express xxxx or xxxx of lading relating to any such accounts, upon drafts against account debtors and assignments and verifications of accounts and notices to account debtors, upon any and every remittance or instrument of payment, including checks, drafts and money orders, and in whatever form received, and to do and perform all other acts and things reasonably necessary, proper and requisite to carry out the intent of this Security Agreement. The power herein granted shall be deemed to be coupled with an interest and shall not be revoked by Debtor until Lender has been paid all sums due it, including all proper expenses, with interest. All such items received by Lender for the Collateral shall be deposited to the credit of Debtor in an account designated and controlled by Lender, as security for the payment of the Obligations. Lender may, from time to time, in its discretion, (a) apply all of the then existing balance representing collected funds in such deposit account, toward payment of all of any part of the Obligations secured hereby, whether or not then due, in such order of application as Lender, in its sole discretion, may determine, or (b) permit Debtor to use all or part of said account in the normal course of Debtor’s business.
Identification of Collateral. If requested by Lender, the Borrower is to cause each unit of Collateral as applicable, and to the extent reasonably practicable, to be kept numbered and identified in order to protect the security interest of Lender in and to such Collateral.
Identification of Collateral. For the purpose of identifying the Collateral, so long as Precious Metal of a particular Category is subject to any Consignment or Gold Loan, all Precious Metal of such Category in the possession or control of each Customer, or Precious Metal of such Category held by a third party for the account of a Customer, shall constitute Collateral notwithstanding that (i) such Precious Metal is in alloyed form or is contained in raw materials, work-in-process, or finished goods, (ii) such Precious Metal was delivered to, or credited to the account of, a Customer by a third party in exchange for or in consideration of Precious Metal delivered by the Metal Lender to such third party, (iii) such Precious Metal was sold by a Customer to the Metal Lender and then consigned or loaned back to such Customer pursuant to this Agreement, (iv) such Precious Metal has been commingled with other Inventory of the Customers, or (v) such Precious Metal is otherwise demonstrably not the actual Precious Metal physically delivered by the Metal Lender.
Identification of Collateral. For the purpose of identifying the Collateral, so long as Metal of a particular Category is subject to any Consignment, all Metal of such Category in the possession or control of each Customer, or Metal of such Category held by a third party for the account of a Customer, shall constitute Collateral notwithstanding that (i) such Metal is in alloyed form or is contained in raw materials, work-in-process, or finished goods, (ii) such Metal was delivered to, or credited to the account of, a Customer by a third party in exchange for or in consideration of Metal delivered by the Metal Lender to such third party, (iii) such Metal was sold by a Customer to the Metal Lender and then consigned or loaned back to such Customer pursuant to this Agreement, (iv) such Metal has been commingled with other Inventory of the Customers, or (v) such Metal is otherwise demonstrably not the actual Metal physically delivered by the Metal Lender. -26-
Identification of Collateral. Upon request of Secured Party, Debtor will stamp on its records concerning the Collateral, a notation, in form reasonably satisfactory to Secured Party, of the security interest of the Secured Party hereunder, and when requested by Secured Party, Debtor shall further affix to the Collateral such signs or labels as shall be reasonably satisfactory to Secured Party to indicate the security interest of Secured Party in the Collateral. Upon request of Secured Party at any time, Debtor will promptly deliver to Secured Party lists or copies of all Collateral.
