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 xxxx 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.
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Samples: Security Agreement (Datron Systems Inc/De), Security Agreement (Datron Systems Inc/De)
Notation on Records. Upon request of the occurrence of a DefaultBank, stamp on its records concerning the Collateral a notation, in form satisfactory to the Bank, of the security interest of the Bank hereunder, and xxxx 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.
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Samples: Credit Agreement (Medgenesis Inc)
Notation on Records. Upon the occurrence of a DefaultDefault , stamp on its records concerning the Collateral a notation, in form satisfactory to the Bank, of the security interest of the Bank hereunder, and xxxx 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.
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