Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, the Obligor promptly shall endorse and deliver physical possession of such Negotiable Collateral to the Agent.
Appears in 4 contracts
Samples: Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Purchase Agreement (FriendFinder Networks Inc.), Securities Purchase Agreement (FriendFinder Networks Inc.)
Negotiable Collateral. In the event that any Collateral, including proceeds, of value in excess of $250,000 is evidenced by or consists of Negotiable Collateral, Borrowers, immediately upon the Obligor promptly request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to the Agent.
Appears in 3 contracts
Samples: Loan and Security Agreement (Leslies Poolmart Inc), Loan and Security Agreement (Leslies Poolmart Inc), Loan and Security Agreement (Leslies Poolmart Inc)
Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, the Obligor promptly Obligors shall immediately endorse and deliver physical possession of such Negotiable Collateral to the Collateral Agent, for the ratable benefit of the Secured Parties, together with any stock powers executed in blank as may be required by such Collateral Agent.
Appears in 1 contract
Samples: Loan and Security Agreement (Access to Money, Inc.)
Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, Company shall, upon the Obligor promptly shall request of Agent, immediately endorse and assign such Negotiable Collateral to Agent or the Collateral Agent and deliver physical possession of such Negotiable Collateral to the Collateral Agent.
Appears in 1 contract
Samples: Company Security Agreement (Northstar Health Services Inc)
Negotiable Collateral. In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the Obligor extent that perfection or priority of the Collateral Agent’s security interest is dependent on or enhanced by possession, each Grantor, 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, the Obligor promptly shall Grantors shall, upon the request of Agent, immediately endorse and assign such Negotiable Collateral to Agent or the Collateral Agent and deliver physical possession of such Negotiable Collateral to the Collateral Agent.
Appears in 1 contract
Samples: Subsidiaries Security Agreement (Northstar Health Services Inc)
