Possession or Control of Certain Collateral. If (i) any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Tangible Chattel Paper or Supporting Obligation or (ii) if any Collateral shall be stored or shipped subject to a Document or (iii) if any Collateral shall consist of Investment Property in the form of certificated securities, in the case of either clause (i) or (ii), in an amount of $50,000 or more, immediately notify the Administrative Agent of the existence of such Collateral and, upon the request of the Administrative Agent, deliver such Instrument, Chattel Paper, Supporting Obligation, Document or Investment Property to the Administrative Agent, duly endorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Security Agreement. If any Collateral shall consist of Deposit Accounts, Electronic Chattel Paper, Letter-of-Credit Rights or uncertificated Investment Property, execute and deliver (and, with respect to any Collateral consisting of uncertificated Security Entitlements or Investment Property, cause the Securities Intermediary or the issuer, as applicable, with respect to such Investment Property to execute and deliver) to the Administrative Agent all control agreements, assignments, instruments or other documents as reasonably requested by the Administrative Agent for the purposes of obtaining and maintaining Control of such Collateral.
Possession or Control of Certain Collateral. If (i) any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Tangible Chattel Paper or Supporting Obligation or (ii) if any Collateral shall be stored or shipped subject to a Document or (iii) if any Collateral shall consist of Investment Property in the form of certificated securities, promptly notify the Agent of the existence of such Collateral and, at the request of the Agent, deliver such Instrument, Chattel Paper, Supporting Obligation, Document or Investment Property to the Agent, duly endorsed in a manner satisfactory to the Agent, to be held as Collateral pursuant to this Security Agreement. Notwithstanding the foregoing, the Obligor shall not be required to deliver to the Agent any rental contract for equipment entered into in the ordinary course of its business which constitutes Chattel Paper so long as such rental contract contains a notation satisfactory to the Agent disclosing the Agent's lien on such Chattel Paper. If any Collateral shall consist of Deposit Accounts, Chattel Paper in electronic form, Letter-of-Credit Rights or uncertificated Investment Property, execute and deliver (and, with respect to any Collateral consisting of uncertificated Investment Property, cause the Securities Intermediary with respect to such Investment Property to execute and deliver) to the Agent, upon the Agent's request, all control agreements, assignments, instruments or other documents as reasonably requested by the Agent for the purposes of obtaining and maintaining control of such Collateral within the meaning of the UCC.
Possession or Control of Certain Collateral. The Borrower, each of the other Loan Parties and their Subsidiaries have delivered to the Lender possession of all originals of all promissory notes or other instruments, stock certificates, chattel paper and negotiable documents constituting Collateral. None of the Accounts (as defined in the Security Agreement) is evidenced by a promissory note or other instrument, chattel paper or negotiable document.
Possession or Control of Certain Collateral. (i) If (A) any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Tangible Chattel Paper or Supporting Obligation or (B) if any Collateral shall be stored or shipped subject to a Document or (C) if any Collateral shall consist of Investment Property in the form of certificated securities, in the case of either clause (A) or (B), in an amount of $50,000 or more individually or $250,000 or more in the aggregate, promptly notify the Administrative Agent of the existence of such Collateral and, upon the request of the Administrative Agent, deliver such Instrument, Chattel Paper, Supporting Obligation, Document or Investment Property (or, in the case of either clause (A) or (B), that portion necessary such that any Collateral not so delivered does not exceed $50,000 or more individually or $250,000 or more in the aggregate) to the Administrative Agent, duly endorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Security Agreement;
(ii) If any Collateral shall consist of Electronic Chattel Paper, Letter-of-Credit Rights, Securities Accounts or uncertificated Investment Property with a value of $50,000 or more individually or $250,000 or more in the aggregate, execute and deliver (and, with respect to any Collateral consisting of a Securities Account or uncertificated Investment Property with a value of $50,000 or more individually or $250,000 or more in the aggregate, cause the Securities Intermediary or the issuer, as applicable, with respect to such Investment Property to execute and deliver) to the Administrative Agent all control agreements, assignments, instruments or other documents as reasonably requested by the Administrative Agent or the Required Lenders for the purposes of obtaining and maintaining Control of such Collateral (or that portion necessary such that any Collateral not under such Control does not exceed $50,000 or more individually or $250,000 or more in the aggregate); provided, that within 90 days of the Closing Date (or such longer period of time as determined by the Administrative Agent in its sole discretion), such Obligor shall execute and deliver a control agreement with respect to any Securities Account existing on the Closing Date that has, as of such time, a value of $50,000 or more individually or $250,000 or more in the aggregate, unless any such account is held with the Administrative Agent;
(iii) If any Collateral sha...
Possession or Control of Certain Collateral. Except as set forth in Schedule 4.20, the Borrower and its Subsidiaries (other than the Regulated Subsidiary) have exclusive possession and control of the Equipment and Inventory (in each case as defined in the Security Agreement). The Borrower and its Subsidiaries (other than the Regulated Subsidiary) have delivered to the Agent, for the benefit of the Lender Parties, possession of all originals of all promissory notes or other instruments, stock certificates, chattel paper and negotiable documents constituting Collateral. None of the Accounts (as defined in the Security Agreement) is evidenced by a promissory note or other instrument, chattel paper or negotiable document. At all times after April 12, 2013, the Borrower and its Subsidiaries (other than the Regulated Subsidiary) will only maintain deposit accounts and securities accounts with either (i) the Agent or (ii) a Person who has entered into a control agreement approved by the Agent, providing the Agent, for the benefit of the Lender Parties, a first priority perfected security interest in such accounts.
Possession or Control of Certain Collateral. Except as set forth in Schedule 4.20, the Borrower and its Domestic Subsidiaries have exclusive possession and control of the Equipment and Inventory (in each case as defined in the Security Agreement) located in the United States (except for Inventory at a location for which either (x) a warehouseman’s or bailee’s agreement in form and substance satisfactory to the Agent, in its sole discretion, has been entered into or (y) an adequate rent reserve in an amount determined by the Agent, in its sole discretion, has been established; provided that the foregoing representation need not be true with respect to Inventory that is designated to be sold by Amazon or Cisco prior to the entry into a warehouseman’s or bailee’s agreement with respect to the location thereof so long as the Borrower is in compliance with Section 6.
Possession or Control of Certain Collateral. If (i) any amount in excess of $25,000 payable to such Borrower under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Supporting obligation, or (ii) if any Collateral shall be stored or shipped subject to a Document, such Borrower shall immediately notify Lender of the existence of such Collateral and, at the request of Lender, deliver such Instrument, Supporting obligation, or Document to Lender, duly endorsed in a manner satisfactory to Lender, to be held as Collateral pursuant to this Security Agreement. If any Collateral shall consist of Deposit accounts, Borrower shall execute and deliver to Lender, upon Lxxxxx’s request, all control agreements, assignments, instruments or other documents as reasonably requested by Lxxxxx for the purposes of obtaining and maintaining Control of such Collateral.
Possession or Control of Certain Collateral. If (i) any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Tangible Chattel Paper or Supporting Obligation or (ii) if any Collateral shall be stored or shipped subject to a Document or (iii) if any Collateral shall consist of Investment Property in the form of certificated securities, immediately notify the Canadian Agent and the Agent of the existence of such Collateral and, at the request of the Agent, deliver such Instrument, Chattel Paper, Supporting Obligation, Document or Investment Property to the Agent, duly endorsed in a manner satisfactory to the Agent, to be held as Collateral pursuant to this Security Agreement. If any Collateral shall consist of Deposit Accounts, Chattel Paper in electronic form, Letter-of-Credit Rights or uncertificated Investment Property, execute and deliver (and, with respect to any Collateral consisting of uncertificated Investment Property, cause the Securities Intermediary, if any, with respect to such Investment Property to execute and deliver) to the Canadian Agent, upon either the Agent's or the Canadian Agent's request, all control agreements, assignments, instruments or other documents (including an acknowledgment that the Canadian Agent holds such Collateral for the benefit of the Agent) as reasonably requested by the Agent or the Canadian Agent for the purposes of obtaining and maintaining Control of such Collateral within the meaning of the UCC (or equivalent local law).
Possession or Control of Certain Collateral. If (i) any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Tangible Chattel Paper or Supporting Obligation or (ii) if any Collateral shall be stored or shipped subject to a Document or (iii) if any Collateral shall consist of Investment Property in the form of certificated securities, immediately notify the Agent of the existence of such Collateral and, at the request of the Agent, deliver such Instrument, Chattel Paper, Supporting Obligation, Document or Investment Property to the Agent, duly endorsed in a manner satisfactory to the Agent, to be held as Collateral pursuant to this Security Agreement. If any Collateral shall consist of Deposit Accounts, Chattel Paper in electronic form, Letter-of-Credit Rights or uncertificated Investment Property, execute and deliver (and, with respect to any Collateral consisting of uncertificated Investment Property, cause the Securities Intermediary, if any, with respect to such Investment Property to execute and deliver) to the Agent, upon the Agent's request, all control agreements, assignments, instruments or other documents as reasonably requested by the Agent for the purposes of obtaining and maintaining Control of such Collateral within the meaning of the UCC (or equivalent local law).
Possession or Control of Certain Collateral. Except as set forth in Schedule 4.20, the Borrower and its Subsidiaries have exclusive possession and control of the Equipment and Inventory (in each case as defined in the Security Agreement). The Borrower and its Subsidiaries have delivered to the Lender possession of all originals of all promissory notes or other instruments, stock certificates, chattel paper and negotiable documents constituting Collateral. None of the Accounts (as defined in the Security Agreement) is evidenced by a promissory note or other instrument, chattel paper or negotiable document. The Borrower and its Subsidiaries only maintain deposit accounts and securities accounts covered by Control Agreements.
