Common use of Negotiable Collateral Clause in Contracts

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 17 contracts

Samples: Loan and Security Agreement (Ultimate Electronics Inc), Loan and Security Agreement (Hypercom Corp), Loan and Security Agreement (Ultimate Electronics Inc)

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Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 13 contracts

Samples: Loan and Security Agreement (Network Plus Corp), Loan and Security Agreement (Phonetel Technologies Inc), Loan and Security Agreement (Todays Man Inc)

Negotiable Collateral. In the event that any Borrower Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that Agent determines that perfection or priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable Borrower, immediately promptly upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 9 contracts

Samples: Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Freshpet, Inc.)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 7 contracts

Samples: Loan and Security Agreement (En Pointe Technologies Inc), Loan and Security Agreement (HPSC Inc), Loan and Security Agreement (Northland Cranberries Inc /Wi/)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that Agent determines in its Permitted Discretion that perfection or priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable Borrowersuch Credit Party, immediately upon promptly following the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 6 contracts

Samples: Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.), Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.), Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 5 contracts

Samples: Loan and Security Agreement (Ultimate Electronics Inc), Loan and Security Agreement (Mercator Software Inc), Loan and Security Agreement (Cellstar Corp)

Negotiable Collateral. In the event that any Collateral, including --------------------- proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 4 contracts

Samples: Loan and Security Agreement (Hologic Inc), Loan and Security Agreement (Cellstar Corp), Loan and Security Agreement (Learningstar Corp)

Negotiable Collateral. In the event that any Borrower Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that Agent determines that perfection or priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable Borrower, immediately promptly upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 4 contracts

Samples: Loan and Security Agreement (Paincare Holdings Inc), Loan and Security Agreement (Trust Created February 25 1986), Loan and Security Agreement (Evergreen Holdings Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or of priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 3 contracts

Samples: Loan and Security Agreement (Peninsula Gaming Corp), Loan and Security Agreement (World Airways Inc /De/), Loan and Security Agreement (Old Evangeline Downs LLC)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable BorrowerCompany, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 3 contracts

Samples: Loan and Security Agreement (Telos Corp), Loan and Security Agreement (Telos Corp), Loan and Security Agreement (Telos Corp)

Negotiable Collateral. In the event that any Borrower Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that Agent determines in its Permitted Discretion that perfection or priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon promptly following the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 3 contracts

Samples: Possession Loan and Security Agreement, Loan and Security Agreement (Sharper Image Corp), Loan and Security Agreement (Sharper Image Corp)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or of priority of Agent's security interest is dependent on or enhanced by possession, the applicable each Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 3 contracts

Samples: Loan and Security Agreement (Guitar Center Inc), Loan and Security Agreement (Guitar Center Inc), Loan and Security Agreement (Guitar Center Inc)

Negotiable Collateral. In the event that any Borrower Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that Agent determines that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 3 contracts

Samples: Loan and Security Agreement (Aegis Communications Group Inc), Loan and Security Agreement (Phibro Animal Health Corp), Loan and Security Agreement (Majestic Star Casino LLC)

Negotiable Collateral. In the event that If from time to time any Collateral, including any proceeds, is evidenced by or consists of Negotiable Collateralletters of credit, Instruments, Documents, Goods covered by Documents, Investment Property or Chattel Paper, and if and to the extent that perfection or priority of Agent's security interest in such Collateral is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Pierre Foods Inc), Loan and Security Agreement (Factory Card Outlet Corp)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable BorrowerLoan Party, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (LSB Industries Inc), Loan and Security Agreement (LSB Industries Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrowereach Domestic Loan Party, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Abraxas Petroleum Corp), Loan and Security Agreement (Abraxas Petroleum Corp)

Negotiable Collateral. In the event that any Borrower Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that Agent determines that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Penton Media Inc), Loan and Security Agreement (Hudson Respiratory Care Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable BorrowerLoan Party, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (LSB Industries, Inc.), Loan and Security Agreement (Midas Inc)

Negotiable Collateral. In the event that If from time to time any Collateral, including any proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest in such Negotiable Collateral is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Fao Inc), Loan and Security Agreement (Right Start Inc /Ca)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (BGF Industries Inc), Loan and Security Agreement (MSC Software Corp)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that Agent determines that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable BorrowerGuarantor, immediately promptly upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 2 contracts

Samples: Security Agreement (Hudson Respiratory Care Inc), Security Agreement (Hudson Respiratory Care Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon (but in any event within 1 Business Day after) the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Numatics Inc), Loan and Security Agreement (Elgin National Industries Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Big Dog Holdings Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of the Collateral Agent's security interest is dependent on or enhanced by possession, the applicable BorrowerObligor, immediately upon the request of Collateral Agent, shall endorse and deliver physical possession of such Negotiable Collateral to the Bank Agent, to be held by Bank Agent pursuant to the Intercreditor Agreement.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Midas Inc)

Negotiable Collateral. In the event that If from time to time any Collateral, including any proceeds, is evidenced by or consists of Negotiable Collateralletters of credit, Instruments, Documents, Goods covered by Documents, Investment Property or Chattel Paper, and if and to the extent that perfection or priority of Agent's security interest in such Collateral is dependent on or enhanced by possession, the applicable BorrowerBorrower or the US LLC, immediately promptly upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (Geac Computer Corp LTD)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable BorrowerBorrower or applicable Guarantor, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (LSB Industries Inc)

Negotiable Collateral. In the event that If from time to time any Collateral, including any proceeds, is evidenced by or consists of Negotiable Collateralletters of credit, Instruments, Documents, Goods covered by Documents, Investment Property or Chattel Paper, and if and to the extent that perfection or priority of Agent's security interest in such Collateral is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Harolds Stores Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Collateral Agent's security interest is dependent on or enhanced by possession, the applicable Borrowereach Debtor, immediately promptly upon the request of Collateral Agent, shall shall, subject to the terms of the Intercreditor Agreement, endorse and assign such Negotiable Collateral to Collateral Agent and deliver physical possession of such Negotiable Collateral to Collateral Agent.

Appears in 1 contract

Samples: Security Agreement (Mortons Restaurant Group Inc)

Negotiable Collateral. In the event that any Collateral, including --------------------- proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral composing Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Friede Goldman Halter Inc)

Negotiable Collateral. In the event that any Borrower Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that Agent determines in its Permitted Discretion that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon promptly following the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Sharper Image Corp)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately promptly upon the written request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Nabi Biopharmaceuticals)

Negotiable Collateral. In the event that any Borrower Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that the Agent determines that perfection or priority of the Agent's ’s security interest is dependent on or enhanced by possession, the applicable Borrower, immediately promptly upon the request of Agentthe Agent and subject to the terms of the Subordination Agreement, shall endorse and deliver physical possession of such Negotiable Collateral to the Agent.

Appears in 1 contract

Samples: Credit Agreement (Freshpet, Inc.)

Negotiable Collateral. (a) In the event that any Personal Property Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, the applicable Borrower shall immediately notify Agent and, and if and to the extent that perfection or of priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable such Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Peninsula Gaming, LLC)

Negotiable Collateral. In the event that If from time to time any Collateral, including any proceeds, is evidenced by or consists of Negotiable Collateralletters of credit, Instruments, negotiable Documents, Goods covered by negotiable Documents, Investment Property or Chattel Paper, and if and to the extent that perfection or priority of Agent's security interest in such Collateral is dependent on or enhanced by possession, the applicable Borrower, immediately promptly upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Party City Corp)

Negotiable Collateral. In the event that any Borrower Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that Agent determines that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agentthe Agent or to WFF for the benefit of WFF, Agent and the Lenders under the Intercreditor Agreement.

Appears in 1 contract

Samples: Loan and Security Agreement (Hudson Respiratory Care Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrowereach Loan Party, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (E Spire Communications Inc)

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Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or of priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Metalico Inc)

Negotiable Collateral. In the event that any Obligor Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that Agent determines that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable BorrowerObligor, immediately upon the request of Agent, shall shall, subject to and in accordance with the provisions of Section 8.10, endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: General Security Agreement (Aegis Communications Group Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or of priority of Agent's security interest is dependent on or enhanced by possession, the applicable BorrowerObligors, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Sholodge Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agentthe Trustee's security interest is dependent on or enhanced by possession, the applicable Borrowereach Debtor, immediately promptly upon the request of Agentthe Trustee, shall endorse and assign such Negotiable Collateral to the Trustee and deliver physical possession of such Negotiable Collateral to Agentthe Trustee.

Appears in 1 contract

Samples: Conformed Copy Security Agreement (MRS Fields Financing Co Inc)

Negotiable Collateral. In the event that any Borrower Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Collateral Agent's ’s security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Collateral Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Collateral Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Northland Cranberries Inc /Wi/)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable BorrowerBorrowers, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Security Agreement (Shells Seafood Restaurants Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable BorrowerDebtor, immediately promptly upon the request of Agent, shall endorse and assign such Negotiable Collateral to Agent and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Security Agreement (GNLV Corp)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable CollateralCollateral (other than Collections items that are received by any Borrower in the ordinary course of business and that are deposited in accordance with Section 2.7), and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately promptly upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Prandium Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable BorrowerCompany, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Alpine Group Inc /De/)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that Agent determines in its Permitted Discretion that perfection or priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable Borrowersuch Credit Party, immediately upon promptly following the request of Agent, shall shall, subject to the Intercreditor Agreement, endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan, Guaranty and Security Agreement (Gordmans Stores, Inc.)

Negotiable Collateral. In the event that any Collateral, including --------------------- proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest interests is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (System Software Associates Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or of priority of Agent's security interest Liens therein is dependent on or enhanced by possession, the applicable BorrowerObligor, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (3do Co)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest interests is dependent on or enhanced by possession, the applicable BorrowerObligor, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Star Telecommunications Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable BorrowerBorrower or Guarantor, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Riviera Holdings Corp)

Negotiable Collateral. In the event that any Borrower Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that Agent determines in its Permitted Discretion that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately promptly upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Interdent Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of AgentLender's security interest is dependent on or enhanced by possession, the applicable BorrowerDebtor, immediately promptly upon the request of AgentLender, shall endorse and assign such Negotiable Collateral to Lender and deliver physical possession of such Negotiable Collateral to AgentLender.

Appears in 1 contract

Samples: Security Agreement (Shoe Pavilion Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of the Collateral Agent's ’s security interest is dependent on or enhanced by possession, the applicable Borrowereach Grantor, immediately promptly upon the request of the Collateral Agent, shall endorse and assign such Negotiable Collateral to the Collateral Agent and deliver physical possession of such Negotiable Collateral to the Collateral Agent.

Appears in 1 contract

Samples: Security Agreement (GNLV Corp)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable each Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (General Datacomm Industries Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that the perfection or priority of Collateral Agent's security interest is dependent on or enhanced by possession, the applicable BorrowerDebtor, immediately upon the request of Collateral Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Collateral Agent.

Appears in 1 contract

Samples: Security Agreement (Pahc Holdings Corp)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable Borrower, immediately promptly upon the request of Agent, shall endorse and assign such Negotiable Collateral to Agent and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Security Agreement (Ares Commercial Real Estate Corp)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately promptly upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Etoys Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrowereach Borrower that has granted a security interest under section 4.1, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Hudson Highland Group Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's ’s security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Collateral Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Collateral Agent, as bailee for Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Cutter & Buck Inc)

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