Notation on Records Sample Clauses
The Notation on Records clause establishes the requirement or procedure for making official notes or annotations on relevant documents or records. In practice, this clause may specify who is authorized to make such notations, under what circumstances they should be made, and the format or content required for the notation. Its core function is to ensure that important information, such as amendments, approvals, or exceptions, is properly documented and traceable within the official records, thereby promoting transparency and accountability.
Notation on Records. Upon the occurrence of a Default, stamp on its records concerning the Collateral a notation, in form satisfactory to the Bank, of the security interest of the Bank hereunder, and ▇▇▇▇ conspicuously each Document, Chattel Paper, Instrument or contract included in the Collateral with a legend, in form and substance satisfactory to the Bank, indicating that such Document, Chattel Paper, Instrument or contract is subject to the security interest of the Bank.
Notation on Records. It will stamp on its records relating to the Collateral comprised of chattel papers, instruments or documents a notation in form and content reasonably satisfactory to the Secured Party of the security interest of the Secured Party hereunder.
Notation on Records. Upon request of the Agent, stamp on its records concerning the Collateral a notation, in form satisfactory to the Agent, of the security interest of the Agent hereunder, and ▇▇▇▇ conspicuously each Document, Chattel Paper, Instrument or contract included in the Collateral with a legend, in form and substance satisfactory to the Agent, indicating that such Document, Chattel Paper, Instrument or contract is subject to the security interest of the Agent.
Notation on Records. The Investor consents to the Company making a notation on its records or giving instructions to any transfer agent of the Securities in order to implement the restrictions on transfer set forth and described herein.