Common use of Other Financing Statements or Control Clause in Contracts

Other Financing Statements or Control. Except as otherwise permitted under the Transaction Documents, other than with respect to Permitted Liens, the Grantor shall not (a) file or suffer to be on file, or authorize or permit to be filed or to be on file, in any jurisdiction, any financing statement or like instrument with respect to any of the Collateral in which the Collateral Agent is not named as the sole secured party, or (b) cause or permit any Person other than the Collateral Agent or a Secured Party to have “control” (as defined in Section 9-104, 9-105, 9-106 or 9-107 of the NYUCC) of any Deposit Account, Electronic Chattel Paper, Investment Property or Letter-of-Credit Right constituting part of the Collateral.

Appears in 2 contracts

Samples: Security Agreement (Vapor Corp.), Security Agreement (Windstream Technologies, Inc.)

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Other Financing Statements or Control. Except as otherwise permitted under the Transaction Documents, other than with respect to Loan Documents and except for Permitted Liens, the no Grantor shall not (a) file or suffer to be on file, or authorize or permit to be filed or to be on file, in any jurisdiction, any financing statement or like instrument with respect to any of the Collateral in which the Collateral Agent is Secured Parties are not named as the sole secured partyparties, or (b) cause or permit any Person other than the Collateral Control Agent or a the Secured Party Parties to have “control” (as defined in Section 9-104, 9-105, 9-106 or 9-107 of the NYUCC) of any Deposit Account, Securities Account, Commodity Account, Electronic Chattel Paper, Investment Property or Letter-of-Credit Right constituting part of the Collateral.

Appears in 2 contracts

Samples: Security Agreement (Exagen Diagnostics Inc), Security Agreement (Exagen Diagnostics Inc)

Other Financing Statements or Control. Except as otherwise permitted under the Transaction Documents, other than with respect to Loan Documents and except for Permitted Liens, the no Grantor shall not (a) file or suffer to be on file, or authorize or permit to be filed or to be on file, in any jurisdiction, any financing statement or like instrument with respect to any of the Collateral in which the Collateral Agent is Secured Parties are not named as the sole secured partyparties, or (b) cause or permit any Person other than the Collateral Control Agent or a the Secured Party Parties to have “control” (as defined in Section 9-104, 9-105, 9-106 or 9-107 of the NYUCC) of any Deposit Account, Securities Account, Commodity Account, Electronic Chattel Paper, Investment Property or Letter-of-Credit Right constituting part of the Collateral, except as permitted under Section 4.01(c) hereof.

Appears in 1 contract

Samples: Security Agreement (Raindance Technologies Inc)

Other Financing Statements or Control. Except as otherwise permitted under the Transaction Documents, other than with respect to Permitted Lienseach Secured Obligation Document, the Grantor shall not (a) file or suffer to be on file, or authorize or permit to be filed or to be on file, in any jurisdiction, any financing statement or like instrument with respect to any of the Collateral in which the Collateral Agent is not named as the sole secured partyparty for the benefit of the Secured Parties, or (b) cause or permit any Person other than the Collateral Agent or a Secured Party to have “control” (as defined in Section 9-104, 9-105, 9-106 or 9-107 of the NYUCC) of any Deposit Account, Securities Account, Electronic Chattel Paper, Investment Property or Letter-of-Credit Right constituting part of the Collateral.

Appears in 1 contract

Samples: Security Agreement (GenOn Energy, Inc.)

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Other Financing Statements or Control. Except as otherwise permitted under the Transaction Loan Documents, other than with respect to Permitted Liens, the no Grantor shall not (a) file or suffer to be on file, or authorize or permit to be filed or to be on file, in any jurisdiction, any financing statement or like instrument with respect to any of the Collateral in which the Collateral Agent is Secured Parties are not named as the sole secured partyparties, or (b) cause or permit any Person other than the Collateral Control Agent or a the Secured Party Parties to have “control” (as defined in Section 9-104, 9-105, 9-106 or 9-107 of the NYUCC) of any Deposit Account (other than the Excluded Accounts), Securities Account (other than the Excluded Accounts), Commodity Account, Electronic Chattel Paper, Investment Property or Letter-of-Credit Right constituting part of the Collateral.

Appears in 1 contract

Samples: Security Agreement (NanoString Technologies Inc)

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