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 of priority of Lender's security interest is dependent on or enhanced by possession, Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 11 contracts

Samples: Loan and Security Agreement (I Link Inc), Loan and Security Agreement (Intervoice Brite Inc), Loan and Security Agreement (Qad 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 of priority of Lender's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 6 contracts

Samples: Loan and Security Agreement (SPSS Inc), Loan and Security Agreement (Futurelink Corp), Loan and Security Agreement (Metalico 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 of priority of Lender's ’s security interest is dependent on or enhanced by possession, Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 5 contracts

Samples: Loan Agreement, Loan Agreement (Amphastar Pharmaceuticals, Inc.), Loan Agreement (Amphastar Pharmaceuticals, 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 Lender determines that perfection of or priority of Lender's ’s security interest is dependent on or enhanced by possession, Borrower, immediately promptly upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 5 contracts

Samples: Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Swank, Inc.), Loan and Security Agreement (Swank, 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 of or priority of Lender's security interest is dependent on or enhanced by possession, Borrowerthe Debtor, immediately promptly upon the request of Lender, shall endorse and assign such Negotiable Collateral to Lender and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 4 contracts

Samples: Security Agreement (Easylink Services Corp), Security Agreement (Easylink Services Corp), Security Agreement (Easylink Services 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 of or priority of Lender's security interest is dependent on or enhanced by possession, Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 3 contracts

Samples: Loan and Security Agreement (Peninsula Gaming Corp), Loan and Security Agreement (Peninsula Gaming Co LLC), Loan and Security Agreement (Paradyne Networks 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 Lender determines that perfection of or priority of Lender's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 3 contracts

Samples: Loan and Security Agreement (Seitel Inc), Loan and Security Agreement (Seitel Inc), Loan and Security Agreement (Elxsi Corp /De//)

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 Lender determines that perfection of or priority of Lender's security interest is dependent on or enhanced by possession, Borrower, immediately promptly upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral with an individual value in excess of $50,000 to Lenderthe Collateral Agent to be administered in accordance with the terms of the Intercreditor Agreement.

Appears in 3 contracts

Samples: Loan and Security Agreement (Viskase Companies Inc), Loan and Security Agreement (Viskase Companies Inc), Loan and Security Agreement (Viskase Companies 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 of or priority of the Lender's security interest is dependent on or enhanced by possession, each Borrower, immediately upon the request of the Lender, shall endorse and deliver physical possession of such Negotiable Collateral to the Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Zanett Inc), Loan and Security Agreement (Zanett 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 Lender determines that perfection of or priority of Lender's security interest is dependent on or enhanced by possession, Borrower, immediately promptly upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Overstock Com Inc), Loan and Security Agreement (Swank, Inc.)

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

Appears in 2 contracts

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

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 Lender determines that perfection of or priority of Lender's ’s security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Matrix Geophysical, Inc.), Loan and Security Agreement (Seitel 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 of priority of Lender's security interest is dependent on or enhanced by possession, Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Microstrategy Inc), Loan and Security Agreement (Microstrategy 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 of or priority of Lender's security interest is dependent on or enhanced by possession, any Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 2 contracts

Samples: Loan and Security Agreement (Majestic Investor Capital Corp), Loan and Security Agreement (Majestic Investor Capital 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 of or priority of Lender's ’s security interest is dependent on or enhanced by possession, the Borrower, immediately promptly upon the request of the Lender, shall endorse and deliver physical possession of such Negotiable Collateral to the Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Quest Minerals & Mining 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 of or priority of Lender's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon as soon as practicable after the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Kroll 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 of or priority of Lender's security interest is dependent on or enhanced by possession, Borrower, immediately promptly upon the reasonable request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (MRS Fields Holding Co 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 of priority of Lender's ’s security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Old Evangeline Downs Capital 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 of or priority of Lenderthe Holder's security interest is dependent on or enhanced by possession, Borrowerthe Debtor, immediately promptly upon the request of Lenderthe Holder, shall endorse and assign such Negotiable Collateral to the Holder and deliver physical possession of such Negotiable Collateral to Lenderthe Holder.

Appears in 1 contract

Samples: Security Agreement (Easylink Services Corp)

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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 Lender determines that perfection of or priority of Lender's ’s security interest is dependent on or enhanced by possession, Borrower, immediately upon the request as soon as practicable after its receipt of a written notice by Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Lazy Days R.V. Center, 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 of or priority of Lender's security interest is dependent on or enhanced by possession, Borrower, immediately promptly upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (National Home Centers 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 of or first priority of Lender's security interest is dependent on or enhanced by possession, Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Special Devices Inc /De)

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 Lender determines that perfection of or priority of Lender's security interest is dependent on or enhanced by possession, Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Shoe Pavilion 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 Lender determines that perfection of or priority of Lender's ’s security interest is dependent on or enhanced by possession, Borrower, immediately promptly upon the - 30 - request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral and all agreements and documents related thereto to Lender.. 7.3

Appears in 1 contract

Samples: And Security Agreement

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 Lender determines that perfection of or priority of Lender's ’s security interest is dependent on or enhanced by possession, Borrower, immediately promptly upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral and all agreements and documents related thereto to Lender.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Lexicon Pharmaceuticals, 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 Lender determines that perfection of or priority of Lender's security interest ’s Security Interest is dependent on or enhanced by possession, Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Blow & Drive Interlock 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 of or priority of Lender's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Cray 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 of or priority of Lender's security interest is dependent on or enhanced by possession, Borrowereach Debtor, immediately promptly upon the request of Lender, shall endorse and assign such Negotiable Collateral to Lender and deliver physical possession of such Negotiable Collateral to Lender.

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 of priority of Lender's security interest is dependent on or enhanced by possession, Borrowerthe applicable Obligor, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Mikohn Gaming 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 of priority of Lender's security interest is dependent on or enhanced by possession, Borrower, immediately upon the written request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Interact Commerce 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 Lender determines that perfection of or priority of Lender's security interest is dependent on or enhanced by possession, Borrower, immediately upon the request of Lender, shall endorse and deliver physical possession of such Negotiable Collateral to Lender.

Appears in 1 contract

Samples: Loan and Security Agreement (Mortons Restaurant Group Inc)

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