Common use of Negotiable Instrument Clause in Contracts

Negotiable Instrument. If any Grantor shall at any time hold or acquire any Negotiable Instruments, including promissory notes, such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Agent may from time to time reasonably request.

Appears in 8 contracts

Samples: Subordinated Credit Agreement (Cano Petroleum, Inc), Credit Agreement (Cano Petroleum, Inc), Credit Agreement (MxEnergy Holdings Inc)

AutoNDA by SimpleDocs

Negotiable Instrument. If any Grantor shall at any time hold or acquire any Negotiable Instruments, including promissory notes, such Grantor shall forthwith endorse, assign and deliver the same to the Administrative AgentCollateral Trustee, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Agent Collateral Trustee may from time to time reasonably request.

Appears in 3 contracts

Samples: Subordinated Credit Agreement (Cano Petroleum, Inc), Security Agreement (Cano Petroleum, Inc), Credit Agreement (Cano Petroleum, Inc)

Negotiable Instrument. If any Grantor shall at any time hold or acquire any Negotiable InstrumentsInstruments in the outstanding or stated amount of greater than $500,000 in the aggregate, including promissory notes, such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Agent may from time to time reasonably request.

Appears in 1 contract

Samples: Credit Agreement (Triangle Petroleum Corp)

AutoNDA by SimpleDocs

Negotiable Instrument. If any Grantor shall at any time hold or acquire any Negotiable InstrumentsInstruments in the outstanding or stated amount of greater than $100,000, including promissory notes, such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Agent may from time to time reasonably request.

Appears in 1 contract

Samples: Credit Agreement (Three Forks, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!