Redelivery of Collateral for Correction. If no Event of --------------------------------------- Default or Unmatured Event of Default exists, the Agent may redeliver to the Company, for correction, any instrument or document which constitutes or relates to any of the Collateral; provided, that any such redelivery shall be made against a Trust Receipt duly completed and executed by the Company requiring, within 21 days after the redelivery thereof to the Company, the return to the Agent of each such instrument and document. The Company shall deliver to the Agent each such instrument and document as soon as it has completed the correction thereof and, in any event, within 21 days after its receipt thereof.
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Samples: Credit Agreement (New Century Financial Corp), Credit Agreement (New Century Financial Corp)
Redelivery of Collateral for Correction. If no Event of --------------------------------------- Default or Unmatured Event of Default exists, the Agent may redeliver to the CompanyBorrower, for correction, any instrument or document which constitutes or relates to any of the Collateral; provided, that any such redelivery shall be made against a Trust Receipt duly completed and executed by the Company Borrower requiring, within 21 20 days after the redelivery thereof to the CompanyBorrower, the return to the Agent of each such instrument and document. The Company Borrower shall deliver to the Agent each such instrument and document as soon as it has completed the correction thereof and, in any event, within 21 20 days after its receipt thereof.
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Redelivery of Collateral for Correction. If no Event of --------------------------------------- Default or Unmatured Event of Default exists, the Agent may redeliver to the Company, for correction, any instrument or document which constitutes or relates to any of the Collateral; provided, that any such redelivery shall be made against a Trust Receipt duly completed and executed by the Company requiring, within 21 days after the redelivery thereof to the Company, the return to the Agent of each such instrument and document. The Company shall deliver to the Agent each such instrument and document as soon as it has completed the correction thereof and, in any event, within 21 days after its receipt thereof.
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Samples: Pledge and Security Agreement (New Century Financial Corp)
Redelivery of Collateral for Correction. If no Event of --------------------------------------- Default or Unmatured Event of Default exists, the Agent may redeliver to the CompanyBorrower, for correction, any instrument or document which constitutes or relates to any of the Collateral; provided, that any such redelivery shall be made against a Trust Receipt duly completed and executed by the Company Borrower requiring, within 21 20 days after the redelivery thereof to the CompanyBorrower, the return to the Agent of each such instrument and document. The Company Borrower shall deliver to the Agent each such instrument and document as soon as it has completed the correction thereof and, in any event, within 21 19 days after its receipt thereof.
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