Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower shall notify BACC and upon the request of BACC, immediately endorse and assign such Negotiable Collateral to BACC and deliver physical possession of such Negotiable Collateral to BACC.
Appears in 10 contracts
Samples: Loan and Security Agreement (Reeds Inc), Loan and Security Agreement (Teamstaff Inc), Loan and Security Agreement (Drinks Americas Holdings, LTD)