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, Borrower promptly shall, and shall cause each of its Subsidiaries to, endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 3 contracts

Samples: Loan and Security Agreement (Ram Energy Inc/Ok), Loan and Security Agreement (Petsec Energy Inc), Loan and Security Agreement (Southwest Royalties Holdings Inc)

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Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower promptly shall, and shall cause each of its Subsidiaries to, endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 2 contracts

Samples: Loan and Security Agreement (Convergent Communications Inc /Co), Loan and Security Agreement (Employee Solutions Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower promptly shallBorrower, and immediately upon the request of Administrative Agent, shall cause each of its Subsidiaries to, endorse and deliver physical possession of such Negotiable Collateral to Administrative Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Natural Wonders Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower promptly shalland if and to the extent that perfection or priority is dependant or enhanced by possession, Borrower, immediately upon the request of Foothill, shall (and shall cause each of its Subsidiaries the other Obligors to, endorse and deliver physical possession of such Negotiable Collateral to Agent.and, by its execution and

Appears in 1 contract

Samples: Loan and Security Agreement (Fitzgeralds Gaming Corp)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower promptly shallBorrowers, and immediately upon the request of Agent, shall cause each of its Subsidiaries to, endorse and deliver physical possession of such Negotiable Collateral to AgentAgent for the benefit of the Lender Group.

Appears in 1 contract

Samples: Loan and Security Agreement (Neostar Retail Group Inc)

Negotiable Collateral. In the event that any of Borrower's Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower promptly shall, and shall cause each of its Subsidiaries to, endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Telxon Corp)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower promptly shall, and immediately shall cause each of its Subsidiaries to, endorse and deliver physical possession of such Negotiable Collateral to AgentFoothill.

Appears in 1 contract

Samples: Stock Pledge Agreement (Sands Regent)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower promptly Debtors shall, and shall cause each immediately upon the request of its Subsidiaries toCollateral Agent, 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 (Corrida Resources Inc)

Negotiable Collateral. In the event that any Borrower Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower 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, Borrower, promptly shallupon the request of Agent, and shall cause each of its Subsidiaries to, endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (eTelecare Global Solutions, Inc.)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower promptly shalland Guarantors, and as applicable, shall cause each of its Subsidiaries to, immediately endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Todays Man Inc)

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Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower promptly shallthe applicable Borrower, and immediately upon the request of Agent, shall cause each of its Subsidiaries to, endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (RDM Sports Group Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower promptly shallthe Borrower, and immediately upon the request of the Lender, shall cause each of its Subsidiaries to, endorse and deliver physical possession of such Negotiable Collateral to Agentthe Lender.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Areawide Cellular Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower promptly shall, and shall cause each of its Subsidiaries to, endorse and deliver physical possession of such Negotiable Collateral to Collateral Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Komag Inc /De/)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, each Borrower promptly shall, upon the request of Lender, immediately endorse (without recourse) and shall cause each of its Subsidiaries to, endorse assign such Negotiable Collateral to Lender and deliver physical possession of such Negotiable Collateral to AgentLender.

Appears in 1 contract

Samples: Loan and Security Agreement (Centrum Industries Inc)

Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Borrower promptly shallBorrower, and immediately upon the request of Agent or any Co-Agent, shall cause each of its Subsidiaries to, endorse and deliver physical possession of such Negotiable Collateral to Agent.

Appears in 1 contract

Samples: Loan and Security Agreement (Thomaston Mills Inc)

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