Common use of Possessory Collateral Clause in Contracts

Possessory Collateral. On the Closing Date, all Pledged Collateral (as defined in the Guarantee and Collateral Agreement) required to be delivered to the Collateral Agent under the Security Documents shall have been duly delivered (or shall otherwise be provided to the reasonable satisfaction of the Representative), together with undated proper instruments of assignments duly executed by the applicable Grantor in blank and such other instruments or documents as the Representative may reasonably request, except as otherwise permitted under the Intercreditor Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Community Health Systems Inc)

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Possessory Collateral. On the Closing Date, all Pledged Collateral (as defined in the Guarantee and Collateral Agreement) possessory collateral required to be delivered to the Collateral Agent under the Security Collateral Documents shall have been duly delivered (or shall otherwise be provided to the reasonable satisfaction of the RepresentativeInitial Purchasers), together with undated proper instruments of assignments duly executed by the applicable Grantor grantor in blank and such other instruments or documents as the Representative may reasonably request, except as otherwise permitted or contemplated under the Intercreditor Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Navistar International Corp)

Possessory Collateral. On the Closing Date, all Pledged Collateral (as defined in the Guarantee and Collateral Agreement) required to be delivered to the Collateral Agent under the Security Documents shall have been duly delivered (or shall otherwise be provided to the reasonable satisfaction of the Representative)delivered, together with undated proper instruments of assignments duly executed by the applicable Grantor in blank and such other instruments or documents as the Representative may reasonably request, except as otherwise permitted under the Intercreditor Agreement.

Appears in 1 contract

Samples: Underwriting Agreement (Community Health Systems Inc)

Possessory Collateral. On the Closing Date, all Pledged Collateral (as defined in the Guarantee and Collateral Agreement) possessory collateral required to be delivered to the Collateral Agent under the Security Documents shall have been duly delivered (or shall otherwise be provided to the reasonable satisfaction of the RepresentativeInitial Purchasers), together with undated proper instruments of assignments duly executed by the applicable Grantor Company or the Guarantor, as applicable, in blank and such other instruments or documents as the Representative Initial Purchasers may reasonably request, except as otherwise permitted or contemplated under the ABL Intercreditor Agreement, the Pari Passu Intercreditor Agreement or any other Security Document, as applicable.

Appears in 1 contract

Samples: Purchase Agreement (Beacon Roofing Supply Inc)

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Possessory Collateral. On the Closing Date, all Pledged Collateral (as defined in the Guarantee and Collateral Agreement) possessory collateral required to be delivered to the Collateral Agent under the Security Documents shall have been duly delivered (or shall otherwise be provided to the reasonable satisfaction of the RepresentativeInitial Purchasers), together with undated proper instruments of assignments duly executed by the applicable Grantor in blank and such other instruments or documents as the Representative Initial Purchasers may reasonably request, except as otherwise permitted or contemplated under the ABL Intercreditor Agreement, the Pari Passu Intercreditor Agreement or any other Security Document, as applicable.

Appears in 1 contract

Samples: Purchase Agreement (Beacon Roofing Supply Inc)

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