Common use of Possession or Control of Collateral Clause in Contracts

Possession or Control of Collateral. In the event that any Collateral, including Proceeds, is evidenced by or consists of Negotiable Collateral, Investment Related Property, Chattel Paper, or Deposit Accounts, and if and to the extent that perfection or priority of Collateral Agent’s Security Interest is dependent on possession or control, such Grantor, immediately upon the request of Collateral Agent and in accordance with Section 8 hereof, shall execute such other documents and instruments as shall be reasonably requested by Collateral Agent or endorse and deliver physical possession of such Negotiable Collateral, Investment Related Property, or Chattel Paper, together with such undated powers endorsed in blank as shall be requested by Collateral Agent (or its agent or designee), or grant control of such Deposit Account, as applicable, to Collateral Agent (or its agent or designee). Such Grantor hereby acknowledges and agrees that any such agent or designee of Collateral Agent shall be deemed to be a “secured party” with respect to such Collateral for all purposes.

Possession or Control of Collateral. In the event that any Collateral, including Proceeds, is evidenced by or consists of Negotiable Collateral, Investment Related Property, Chattel Paper, or Deposit Accounts, and if and to the extent that perfection or priority of Collateral Agent’s Security Interest is dependent on or enhanced by possession or control, such Grantor, immediately upon the reasonable request of Collateral Agent and in accordance with Section 8 hereof, shall execute such other documents and instruments as shall be reasonably requested by Collateral Agent or endorse and deliver physical possession of such Negotiable Collateral, Investment Related Property, or Chattel Paper, together with such undated powers endorsed in blank as shall be reasonably requested by Collateral Agent (or its agent or designee), or grant control of such Deposit Account, as applicable, to Collateral Agent (or its agent or designee). Such Grantor hereby acknowledges and agrees that any such agent or designee of Collateral Agent shall be deemed to be a “secured party” with respect to such Collateral for all purposes.

Possession or Control of Collateral. In the event that any Collateral, including Proceeds, is evidenced by or consists of Negotiable Collateral, Investment Related Property, Chattel Paper, or Deposit Accounts, and if and to the extent that perfection or priority of Collateral Agent’s Security Interest is dependent on or enhanced by possession or control, such Grantor, immediately upon the reasonable request of Collateral Agent and in accordance with Section 8 hereof, shall execute such other documents and instruments as shall be reasonably requested by Collateral Agent or endorse and deliver physical possession of such Negotiable Collateral, Investment Related Property, or Chattel Paper, together with such undated powers endorsed in blank as shall be requested by Collateral Agent (or its agent or designee), or grant control of such Deposit Account, as applicable, to Collateral Agent (or its agent or designee). Such Grantor hereby acknowledges and agrees that any such agent or designee of Collateral Agent shall be deemed to be a “secured party” with respect to such Collateral for all purposes.

Possession or Control of Collateral. In the event that any Collateral, including Proceeds, is evidenced by or consists of Negotiable Collateral, Investment Related Property, Chattel Paper, or Deposit Accounts, and if and to the extent that perfection or priority of Collateral Agent’s Security Interest is dependent on or enhanced by possession or control, such Grantor, immediately upon the reasonable request of Collateral Agent and in accordance with Section 8 hereof, shall execute such other documents and instruments as shall be reasonably requested by Collateral Agent or or, endorse and deliver physical possession of such Negotiable Collateral, Investment Related Property, or Chattel Paper, together with such undated powers endorsed in blank as shall be reasonably requested by Collateral Agent (or its agent or designee), or grant control of such Deposit Account, as applicable, to Collateral Agent (or its agent or designee). Such Each Grantor hereby acknowledges and agrees that any such agent or designee of Collateral Agent shall be deemed to be a “secured party” with respect to such Collateral for all purposes.

Possession or Control of Collateral. In the event that any Collateral, including Proceeds, is evidenced by or consists of Negotiable Collateral, Investment Related Property, Chattel Paper, or Deposit Accounts, and if and to the extent that perfection or priority of Collateral Agent’s 's Security Interest is dependent on or enhanced by possession or control, such Grantor, immediately upon the reasonable request of Collateral Agent and in accordance with Section SECTION 8 hereof, shall execute such other documents and instruments as shall be reasonably requested by Collateral Agent or endorse and deliver physical possession of such Negotiable Collateral, Investment Related Property, or Chattel Paper, together with such undated powers endorsed in blank as shall be requested by Collateral Agent (or its agent or designee), or grant control of such Deposit Account, as applicable, to Collateral Agent (or its agent or designee). Such Grantor hereby acknowledges and agrees that any such agent or designee of Collateral Agent shall be deemed to be a “"secured party” " with respect to such Collateral for all purposes.