Common use of Other Personal Property Clause in Contracts

Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such property.

Appears in 11 contracts

Samples: Security Agreement (Recovery Energy, Inc.), Security Agreement (Gvi Security Solutions Inc), Security Agreement (Pacific Cma Inc)

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Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such propertyproperty without actual knowledge of the existence of any such property or without actual knowledge that it was located or to be found upon or within such Collateral.

Appears in 8 contracts

Samples: Security Agreement (St Paul Companies Inc /Mn/), Security Agreement (Select Comfort Corp), Security Agreement (St Paul Companies Inc /Mn/)

Other Personal Property. Unless at the time the Secured Party ------------------------ takes possession of any tangible Collateral, or within seven days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such propertyproperty without actual knowledge of the existence of any such property or without actual knowledge that it was located or to be found upon or within such Collateral.

Appears in 8 contracts

Samples: Security Agreement (Nationwide Electric Inc), Security Agreement (Nationwide Electric Inc), Security Agreement (Nationwide Electric Inc)

Other Personal Property. Unless If at the time the Secured Party takes possession of any tangible Collateral, or within seven days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property properties of the Debtor, not affixed to or constituting a part of such Collateral, but which are located or to be found upon or within such Collateral, Debtor agrees to notify Secured Party in writing of that fact, describing the property so located or to be found, within 7 calendar days after the date on which Secured Party took possession. Unless and until Secured Party receives such propertynotice from Debtor, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such propertyproperty without actual knowledge of the existence of any such property or without actual knowledge of the fact that it was located or to be found upon such Collateral.

Appears in 8 contracts

Samples: Security Agreement (Winmark Corp), Security Agreement (CompuCredit Holdings Corp), Security Agreement (CompuCredit Holdings Corp)

Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which that are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such propertyproperty without actual knowledge of the existence of any such property or without actual knowledge that it was located or to be found upon or within such Collateral.

Appears in 6 contracts

Samples: Security Agreement (SharpLink Gaming Ltd.), Security Agreement (Scio Diamond Technology Corp), Security Agreement (Scio Diamond Technology Corp)

Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such propertyproperty without actual knowledge of the existence of any such property or without actual knowledge that it was located or to be found upon or within such Collateral.

Appears in 5 contracts

Samples: Term Credit Agreement (Sa Telecommunications Inc /De/), Security Agreement (Jakks Pacific Inc), Security Agreement (Jakks Pacific Inc)

Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such propertyproperty without actual knowledge of the existence of any such property or without actual knowledge that it was located or to be found upon or within such Collateral.

Appears in 3 contracts

Samples: Bridge Loan and Investment Agreement (Makemusic Inc), Security Agreement (Corvu Corp), Security Agreement (Corvu Corp)

Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven days thereafter, the Debtor Corporate Guarantor gives written notice to the Secured Party of the existence of any goods, papers or other property of the DebtorCorporate Guarantor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor Corporate Guarantor for any action taken or omitted by or on behalf of the Secured Party with respect to such property.

Appears in 3 contracts

Samples: Security Agreement (Metretek Technologies Inc), Security Agreement (Metretek Technologies Inc), Security Agreement (Metretek Technologies Inc)

Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven (7) days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such propertyproperty without actual knowledge of the existence of any such property or without actual knowledge that it was located or to be found upon or within such Collateral.

Appears in 2 contracts

Samples: Asset Purchase Agreement, Loan Agreement (Founders Food & Firkins LTD /Mn)

Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which that are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such propertyproperty without actual knowledge of the existence of any such property or without actual knowledge that it was located or to be found upon or within such Xxxxxxxxxx.

Appears in 2 contracts

Samples: Security Agreement (Corvu Corp), Security Agreement (Medamicus Inc)

Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven days thereafter, the Debtor Borrower gives written notice to the Secured Party of the existence of any goods, papers or other property of the DebtorBorrower, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor Borrower for any action taken or omitted by or on behalf of the Secured Party with respect to such property.

Appears in 2 contracts

Samples: Security Agreement (Golden Phoenix Minerals Inc /Mn/), Bridge Loan and Debt Restructuring Agreement (Golden Phoenix Minerals Inc)

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Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the . Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such propertyproperty without actual knowledge of the existence of any such property or without actual knowledge that it was located or to be found upon or within such Collateral.

Appears in 2 contracts

Samples: Term Loan and Credit Agreement (Sparta Foods Inc), Security Agreement (Sparta Foods Inc)

Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven (7) days thereafter, the Debtor Guarantor gives written notice to the Secured Party of the existence of any goods, papers or other property of the DebtorGuarantor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor Guarantor for any action taken or omitted by or on behalf of the Secured Party with respect to such property.

Appears in 2 contracts

Samples: Guaranty Security Agreement (Vado Corp.), Guaranty Security Agreement (Vado Corp.)

Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven (7) days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such property.

Appears in 2 contracts

Samples: Security Agreement (Cherokee Inc), Security Agreement (Cherokee Inc)

Other Personal Property. Unless Unless, at the time the Secured Party takes Parties take possession of any tangible Collateral, or within seven days thereafter, the Debtor Company gives written notice to the Secured Party Parties of the existence of any goods, papers goods or other property of the Debtor, Company which does not affixed to or constituting a constitute part of such Collateral, the Collateral but which are located or found upon or within included with such Collateral, describing such property, the Secured Party Parties shall not be responsible or liable to the Debtor Company for any action taken or omitted by or on behalf of the Secured Party Parties with respect to such property.

Appears in 1 contract

Samples: Purchase Agreement (Eagle Broadband Inc)

Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven ten (10) days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such property.

Appears in 1 contract

Samples: Security Agreement (AMERI Holdings, Inc.)

Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven five days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing such property, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such property.

Appears in 1 contract

Samples: General Security Agreement (Invisa Inc)

Other Personal Property. Unless at the time the Secured Party takes possession of any tangible Collateral, or within seven (7) days thereafter, the Debtor gives written notice to the Secured Party of the existence of any goods, papers or other property of the Debtor, not affixed to or constituting a part of such Collateral, but which are located or found upon or within such Collateral, describing Collateral and describes such property, the Secured Party shall not be responsible or liable to the Debtor for any action taken or omitted by or on behalf of the Secured Party with respect to such property.

Appears in 1 contract

Samples: Security Agreement (Location Based Technologies, Inc.)

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