Common use of Instrument Collateral Clause in Contracts

Instrument Collateral. (i) No Grantor has previously assigned any interest in any Instruments (other than such interests as will be released on or before the Restatement Date), (ii) no Person other than such Grantor owns an interest in the Instruments (whether as joint holders, participants or otherwise), and (iii) no material default exists under or in respect of the Instruments.

Instrument Collateral. (i) No Grantor has previously assigned any interest in any Instruments held by such Grantor (other than such (i) any Instruments for which the aggregate value does not exceed $1,000,000 or (i) any interests as that will be released on or before the Restatement Datedate hereof), (ii) no Person other than such Grantor owns an interest in the such Instruments (whether as joint holders, participants or otherwise), and (iii) no material default exists under or in respect of the such Instruments.

Instrument Collateral. (i) No Each Grantor has not previously assigned any interest in any Instruments (other than such interests as will be released on or before the Restatement Datedate hereof), (ii) no Person other than such each Grantor owns an interest in the Instruments (whether as joint holders, participants or otherwise), and (iii) no material default exists under or in respect of the InstrumentsInstruments of each Grantor.

Instrument Collateral. (i) No Such Grantor has not previously assigned any interest in any Instruments held by such Grantor (other than such interests as will be released on or before the Restatement Datedate hereof), (ii) no Person other than such Grantor owns an interest in the such Instruments (whether as joint holders, participants or otherwise), and (iii) no material default exists under or in respect of the such Instruments.

Instrument Collateral. (i) No Grantor has previously assigned any interest in any Instruments (other than such interests as will be released on or before the Restatement Datedate hereof), (ii) no Person other than such Grantor owns an interest in the Instruments (whether as joint holders, participants or otherwise), and (iii) no material default exists under or in respect of the Instruments.