Common use of Location of the Collateral Clause in Contracts

Location of the Collateral. Except in the ordinary course of Borrower’s business, Borrower agrees to keep the Collateral (or to the extent the Collateral consists of intangible property such as accounts or general intangibles, the records concerning the Collateral) at Borrower’s address shown above or at such other locations as are acceptable to Lender. Upon Lender’s request, Borrower will deliver to Lender in form satisfactory to Lender a schedule of real properties and Collateral locations relating to Borrower’s operations, including without limitation the following: (1) all real property Borrower owns or is purchasing; (2) all real property Borrower is renting or leasing; (3) all storage facilities Borrower owns, rents, leases or uses; and (4) all other properties where Collateral is or may be located.

Appears in 2 contracts

Samples: Commercial Security Agreement (CarePayment Technologies, Inc.), Commercial Security Agreement (Microhelix Inc)

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Location of the Collateral. Except in the ordinary course of Borrower’s Borrowers' business, Borrower agrees Borrowers agree to keep the Collateral (or to the extent the Collateral consists of intangible property such as accounts or general intangibles, the records concerning the Collateral) at Borrower’s Borrowers' address shown above or at such other locations as are reasonably acceptable to Lender. Upon Lender’s 's request, Borrower Borrowers will deliver to Lender in form reasonably satisfactory to Lender a schedule of real properties and Collateral locations relating to Borrower’s Borrowers' operations, including without limitation the following: (1) all real property Borrower owns Borrowers own or is are purchasing; (2) all real property Borrower is Borrowers are renting or leasing; (3) all storage facilities Borrower ownsBorrowers own, rentsrent, leases lease, or usesuse; and (4) all other properties where Collateral is or may be located.

Appears in 1 contract

Samples: Loan and Security Agreement (Telanetix,Inc)

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Location of the Collateral. Except in the ordinary course of Borrower’s Borrowers' business, Borrower agrees Borrowers agree to keep the Collateral (or to the extent the Collateral consists of intangible property such as accounts or general intangibles, the records concerning the Collateral) at Borrower’s Borrowers' address shown above or at such other locations as are reasonably acceptable to Lender. Upon Lender’s request, Borrower Borrowers will deliver to Lender in form reasonably satisfactory to Lender a schedule of real properties and Collateral locations relating to Borrower’s Borrowers' operations, including without limitation the following: (1) all real property Borrower owns Borrowers own or is are purchasing; (2) all real property Borrower is Borrowers are renting or leasing; (3) all storage facilities Borrower ownsBorrowers own, rentsrent, leases lease, or usesuse; and (4) all other properties where Collateral is or may be located.

Appears in 1 contract

Samples: Security Agreement (Telanetix,Inc)

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