Common use of Instruments and Tangible Chattel Paper Formerly Accounts Clause in Contracts

Instruments and Tangible Chattel Paper Formerly Accounts. No amount payable to such Grantor under or in connection with any account is evidenced by any instrument or tangible chattel paper that has not been delivered to a First Lien Collateral Agent, properly endorsed for transfer, to the extent delivery is required by Section 4.4(a).

Appears in 2 contracts

Samples: Security Agreement (Olympic-Cascade Publishing, Inc.), Security Agreement (Newsprint Ventures, Inc.)

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Instruments and Tangible Chattel Paper Formerly Accounts. No amount payable to such Grantor under or in connection with any account constituting Collateral is evidenced by any instrument or tangible chattel paper that has not been delivered to a First Lien Collateral Agentthe Secured Party, properly endorsed for transfer, to the extent delivery is required by Section 4.4(a4.05(a).

Appears in 2 contracts

Samples: Security Agreement (Palm Harbor Homes Inc /Fl/), Security Agreement (Cavco Industries Inc)

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Instruments and Tangible Chattel Paper Formerly Accounts. No amount payable to such Grantor under or in connection with any account is evidenced by any instrument or tangible chattel paper that has not been delivered to a First Lien Collateral Agentthe Secured Party, properly endorsed for transfer, to the extent delivery is required by Section 4.4(a4.6(a).

Appears in 2 contracts

Samples: Security Agreement (Qt Imaging Holdings, Inc.), Security Agreement (AtlasClear Holdings, Inc.)

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