Common use of Possessory Collateral Clause in Contracts

Possessory Collateral. Immediately upon Borrower's receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's attorney and agent-in-fact, to endorse or assign the same on Borrower's behalf.

Possessory Collateral. Immediately upon Borrower's ’s receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's ’s attorney and agent-in-fact, to endorse or assign the same on Borrower's ’s behalf.

Possessory Collateral. Immediately Promptly upon any Borrower's ’s receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, including any Tangible Chattel Paper and any Investment Property consisting of certificated securities, such Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as such Borrower's ’s attorney and agent-in-fact, to endorse or assign the same on such Borrower's ’s behalf.

Possessory Collateral. Immediately upon Borrower's ’s receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender Administrative Agent together with an appropriate endorsement or other specific evidence of assignment thereof to Lender Administrative Agent (in form and substance acceptable to LenderAdministrative Agent). If an endorsement or assignment of any such items shall not be made for any reason, Lender Administrative Agent is hereby irrevocably authorized, as Borrower's ’s attorney and agent-in-fact, to endorse or assign the same on Borrower's ’s behalf.

Possessory Collateral. Immediately upon Borrower's receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, including any Tangible Chattel Paper and any Investment Property consisting of certificated securities, such Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's attorney and agent-in-fact, to endorse or assign the same on Borrower's behalf.

Possessory Collateral. Immediately upon any Borrower's ’s receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any that is Tangible Chattel Paper and any Investment Property consisting of certificated securities, such Borrower shall deliver the original thereof to Lender Administrative Agent together with an appropriate endorsement or other specific evidence of assignment thereof to Lender Administrative Agent (in form and substance acceptable to LenderAdministrative Agent). If an endorsement or assignment of any such items shall not be made for any reason, Lender Administrative Agent is hereby irrevocably authorized, as Borrower's Borrowers’ attorney and agent-in-fact, to endorse or assign the same on Borrower's Borrowers’ behalf.

Possessory Collateral. Immediately upon any Borrower's ’s receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any that is Tangible Chattel Paper and any Investment Property consisting of certificated securities, such Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's Borrowers’ attorney and agent-in-fact, to endorse or assign the same on Borrower's Borrowers’ behalf.

Possessory Collateral. Immediately upon any Borrower's receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, such Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as such Borrower's attorney and agent-in-fact, to endorse or assign the same on such Borrower's behalf.

Possessory Collateral. Immediately upon Borrower's receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender Agent together with an appropriate endorsement or other specific evidence of assignment thereof to Lender Agent (in form and substance acceptable to LenderAgent). If an endorsement or assignment of any such items shall not be made for any reason, Lender Agent is hereby irrevocably authorized, as Borrower's attorney and agent-in-fact, to endorse or assign the same on Borrower's behalf.

Possessory Collateral. Immediately upon any Borrower's receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, including any Tangible Chattel Paper and any Investment Property consisting of certificated securities, such Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as such Borrower's attorney and agent-in-fact, to endorse or assign the same on such Borrower's behalf.

Possessory Collateral. Immediately upon a Borrower's ’s receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, such Borrower shall deliver the original thereof to Lender Agent together with an appropriate endorsement or other specific evidence of assignment thereof to Lender Agent (in form and substance acceptable to LenderAgent). If an endorsement or assignment of any such items shall not be made for any reason, Lender Agent is hereby irrevocably authorized, as each Borrower's ’s attorney and agent-in-fact, to endorse or assign the same on such Borrower's ’s behalf.

Possessory Collateral. Immediately upon a Borrower's receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securitiesCertificated Securities, such Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as each Borrower's attorney and agent-in-fact, to endorse or assign the same on such Borrower's behalf.

Possessory Collateral. Immediately upon Borrower's Promptly after receipt by a Borrower of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and or any Investment Property consisting of certificated securities, such Borrower shall deliver the original thereof to Lender Agent together with an appropriate endorsement or other specific evidence of assignment thereof to Lender Agent (in form and substance acceptable to LenderAgent). If an endorsement or assignment of any such items shall not be made for any reason, Lender Agent is hereby irrevocably authorized, as such Borrower's attorney and agent-in-fact, to endorse or assign the same on such Borrower's behalf.

Possessory Collateral. Immediately Promptly upon Borrower's Bxxxxxxx’s receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, including any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's Bxxxxxxx’s attorney and agent-in-fact, to endorse or assign the same on Borrower's Bxxxxxxx’s behalf.

Possessory Collateral. Immediately Promptly upon Borrower's ’s receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, including any Tangible Chattel Paper and any Investment Property consisting of certificated securitiessecurities with a value in excess of $100,000 at any time outstanding, Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's ’s attorney and agent-in-fact, to endorse or assign the same on Borrower's ’s behalf.

Possessory Collateral. Immediately upon Borrower's Borrowers’ receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower Borrowers shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance reasonably acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's Borrowers’ attorney and agent-in-fact, to endorse or assign the same on Borrower's Borrowers’ behalf.

Possessory Collateral. Immediately upon a Borrower's ’s receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, such Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as such Borrower's ’s attorney and agent-in-fact, to endorse or assign the same on such Borrower's ’s behalf.

Possessory Collateral. Immediately upon Borrower's Borrowers’ receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower Borrowers shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's Borrowers’ attorney and agent-in-fact, to endorse or assign the same on Borrower's Borrowers’ behalf.

Possessory Collateral. Immediately upon Borrower's ’s receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender Agent together with an appropriate endorsement or other specific evidence of assignment thereof to Lender Agent (in form and substance acceptable to LenderAgent). If an endorsement or assignment of any such items shall not be made for any reason, Lender Agent is hereby irrevocably authorized, as Borrower's ’s attorney and agent-in-fact, to endorse or assign the same on Borrower's ’s behalf.

Possessory Collateral. Immediately upon Borrower's receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, including any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's attorney and agent-in-fact, to endorse or assign the same on Borrower's behalf.

Possessory Collateral. Immediately upon Borrower's receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, including any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender Agent together with an appropriate endorsement or other specific evidence of assignment thereof to Lender Agent, for the benefit of Agent and the Lenders (in form and substance acceptable to LenderAgent). If an endorsement or assignment of any such items shall not be made for any reason, Lender Agent is hereby irrevocably authorized, as Borrower's attorney and agent-in-fact, to endorse or assign the same on Borrower's behalf.

Possessory Collateral. Immediately upon Borrower's any Obligor’s receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower such Obligor shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's such Obligor’s attorney and agent-in-fact, to endorse or assign the same on Borrower's such Obligor’s behalf.

Possessory Collateral. Immediately upon Borrower's receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, including without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's attorney and attorney, agent-in-fact, fact and mandatary to endorse or assign the same on Borrower's behalf.

Possessory Collateral. Immediately upon Borrower's receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Ver 9 Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's attorney and agent-in-fact, to endorse or assign the same on Borrower's behalf.

Possessory Collateral. Immediately upon Borrower's receipt by either Borrower of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, such Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as each Borrower's ’s attorney and agent-in-fact, to endorse or assign the same on such Borrower's ’s behalf.