Record Ownership of Securities. While a Default exists, Secured Party may have any Collateral that is securities and that is in the possession of Secured Party, or its nominee or nominees, registered in its name, or in the name of its nominee or nominees, as pledgee.
Appears in 3 contracts
Samples: Security Agreement (Magnetek Inc), Security Agreement (Magnetek Inc), Credit Agreement (Pillowtex Corp)
Record Ownership of Securities. While a Default exists, Secured Party ------------------------------ may have any Collateral that is securities and that is in the possession of Secured Party, or its nominee or nominees, registered in its name, name or in the name of its nominee or nominees, nominees as pledgee.
Appears in 2 contracts
Samples: Credit Agreement (Matrix Capital Corp /Co/), Credit Agreement (Matrix Bancorp Capital Trust I)
Record Ownership of Securities. While a an Event of Default exists, Secured Party may have any Collateral that is securities and that is in the possession of Secured Party, or its nominee or nominees, registered in its name, or in the name of its nominee or nominees, as pledgee.
Appears in 1 contract
Samples: Credit Agreement (Ultrak Inc)