Common use of Instruments; Investment Property Clause in Contracts

Instruments; Investment Property. (a) Upon the request of the Administrative Agent, such Grantor will (i) promptly deliver to the Administrative Agent, or an agent designated by it, appropriately endorsed or accompanied by appropriate instruments of transfer or assignment, all Instruments, Documents, Chattel Paper and certificated securities with respect to any Investment Property held by such Grantor, all letters of credit of such Grantor, and all other Rights to Payment held by such Grantor at any time evidenced by promissory notes, trade acceptances or other instruments in aggregate amounts in excess of $200,000, and (ii) provide such notice, obtain such acknowledgments and take all such other action, with respect to any Chattel Paper, Documents and Letter-of-Credit Rights in aggregate amounts in excess of $200,000 held by such Grantor, as the Administrative Agent shall reasonably specify.

Appears in 2 contracts

Samples: Credit Agreement (Alarm.com Holdings, Inc.), Credit Agreement (Alarm.com Holdings, Inc.)

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Instruments; Investment Property. (a) Upon the request of the Administrative Agent, such Grantor will (i) promptly immediately deliver to the Administrative Agent, or an agent designated by it, appropriately endorsed or accompanied by appropriate instruments of transfer or assignment, all Instruments, Documents, Chattel Paper and certificated securities with respect to any Investment Property held by such Grantor, all letters of credit of such Grantor, and all other Rights to Payment held by such Grantor at any time evidenced by promissory notes, trade acceptances or other instruments instruments, in aggregate amounts each case having a face value in excess of $200,000750,000, and (ii) provide such notice, obtain such acknowledgments and take all such other action, with respect to any Chattel Paper, Documents and Letter-of-Credit Rights in aggregate amounts in excess of $200,000 held by such Grantor, as the Administrative Agent shall reasonably specifyspecify to perfect a security interest therein.

Appears in 2 contracts

Samples: Credit Agreement (CrowdStrike Holdings, Inc.), Credit Agreement (CrowdStrike Holdings, Inc.)

Instruments; Investment Property. (a) Upon the request of the Administrative Agent, such Grantor will (i) promptly deliver to the Administrative Agent, or an agent designated by it, appropriately endorsed or accompanied by appropriate instruments of transfer or assignment, all Instruments, Documents, Chattel Paper and certificated securities with respect to any Investment Property held by such Grantor, all letters of credit of such Grantor, and all other Rights to Payment held by such Grantor at any time evidenced by promissory notes, trade acceptances or other instruments in aggregate amounts in excess of $200,000300,000, and (ii) provide such notice, obtain such acknowledgments and take all such other action, with respect to any Chattel Paper, Documents and Letter-of-Credit Rights in aggregate amounts in excess of $200,000 300,000 held by such Grantor, as the Administrative Agent shall reasonably specify.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Alarm.com Holdings, Inc.)

Instruments; Investment Property. (a) Upon the request of the Administrative Agent, such Grantor will (i) promptly deliver to the Administrative Agent, or an agent designated by it, appropriately endorsed or accompanied by appropriate instruments of transfer or assignment, all Instruments, Documents, Chattel Paper and certificated securities with respect to any Investment Property held by such Grantor, all letters of credit of such Grantor, and all other Rights to Payment held by such Grantor at any time evidenced by promissory notes, trade acceptances or other instruments in aggregate amounts each case evidencing an amount in excess of $200,000250,000 individually or $500,000 in the aggregate, and (ii) provide such notice, obtain such acknowledgments and take all such other action, with respect to any Chattel Paper, Documents and Letter-of-Credit Rights in aggregate amounts in excess of $200,000 held by such Grantor, as the Administrative Agent shall reasonably specify.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Town Sports International Holdings Inc)

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Instruments; Investment Property. (a) Upon the request of the Administrative Agent, such Grantor will (i) promptly deliver to the Administrative Agent, or an agent designated by it, appropriately endorsed or accompanied by appropriate instruments of transfer or assignment, all Instruments, Documents, Chattel Paper and certificated securities with respect to any Investment Property held by such GrantorGrantor having a value in excess of $100,000 individually, all letters of credit of such Grantor, and all other Rights to Payment held by such Grantor at any time evidenced by promissory notes, trade acceptances or other instruments in aggregate amounts having a value in excess of $200,000100,000 individually, and (ii) provide such notice, obtain such acknowledgments and take all such other action, with respect to any Chattel Paper, Documents and Letter-of-Credit Rights in aggregate amounts in excess of $200,000 held by such Grantor, as the Administrative Agent shall reasonably specify.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (RhythmOne PLC)

Instruments; Investment Property. (a) Upon the request of the Administrative Agent, such Grantor will (i) promptly immediately deliver to the Administrative Agent, or an agent designated by it, appropriately endorsed or accompanied by appropriate instruments of transfer or assignment, all Instruments, Documents, Chattel Paper and certificated securities with respect to any Investment Property (other than Excluded Assets) held by such Grantor, all letters of credit of such Grantor, and all other Rights to Payment held by such Grantor at any time evidenced by promissory notes, trade acceptances or other instruments instruments, in aggregate amounts any case with a value in excess of $200,000500,000, and (ii) provide such notice, obtain such acknowledgments and take all such other action, with respect to any such Chattel Paper, Documents and Letter-of-Credit Rights in aggregate amounts in excess of $200,000 held by such Grantor, as the Administrative Agent shall reasonably specify.

Appears in 1 contract

Samples: Credit Agreement (Xcerra Corp)

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