Common use of Instruments and Chattel Paper Clause in Contracts

Instruments and Chattel Paper. Such Grantor has as of the date hereof (or hereafter, within ten (10) Business Days of receipt thereof) delivered to the Administrative Agent all Collateral constituting Instruments (other than checks in the ordinary course of business) and Chattel Paper evidencing Indebtedness, in each case individually with a face amount in excess of $15,000,000.

Appears in 2 contracts

Samples: Revolving Credit Agreement (PBF Logistics LP), Revolving Credit Agreement (PBF Energy Co LLC)

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Instruments and Chattel Paper. Such Grantor has as of the date hereof (or hereafter, within ten (10) Business Days of receipt thereof) delivered to the Administrative Agent all Collateral constituting Instruments (other than checks in the ordinary course of business) and Chattel Paper evidencing Indebtedness, in each case individually with a face amount in excess of $15,000,00010,000,000.

Appears in 2 contracts

Samples: Revolving Credit Agreement (PBF Logistics LP), Revolving Credit Agreement (PBF Energy Inc.)

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