Special Collateral Sample Clauses

Special Collateral. As of the date hereof, none of the Collateral constitutes, or is the Proceeds of, (1) Farm Products, (2) As-Extracted Collateral, (3) Manufactured Homes, (4) timber to be cut, (5) health care insurance receivables or (6) aircraft, aircraft engines, satellites, ships or railroad rolling stock. No material portion of the Collateral consists of Motor Vehicles or other goods subject to a certificate of title statute of any jurisdiction.
AutoNDA by SimpleDocs
Special Collateral. Immediately upon receipt by a Borrower of any Collateral that is evidenced or secured by an agreement, chattel paper, instrument or document, including, without limitation, promissory notes, documents of title and warehouse receipts (the “Special Collateral”), such Borrower shall deliver the original thereof to Agent or to such agent of Agent as Agent shall designate, together with appropriate endorsements, or other specific evidence (in form and substance acceptable to Agent) of assignment thereof to Agent.
Special Collateral. Immediately upon Borrower's receipt of that portion of the Collateral evidenced by an agreement, instrument and/or document other than as relates to Accounts as such ("Special Collateral") Borrower shall mark xxx same to show that such Special Collateral is subject to a security interest in favor of Bank and shall deliver the original thereof to Bank, together with appropriate endorsement and/or other specific evidence of assignment (in form and substance acceptable to Bank).
Special Collateral. As of the Execution Date, none of the Collateral constitutes, or is the Proceeds of, (a) Farm Products, (b) Manufactured Homes, (c) Health-Care Insurance Receivables, (d) timber to be cut, or (e) aircraft, engines, satellites, ships or railroad rolling stock, in each case with a value of individually greater than $3,000,000.
Special Collateral. Immediately upon receipt by Borrower of that portion of Collateral evidenced or secured by an agreement, letter of credit, instrument and/or document, including, without limitation, promissory note, documents of title and warehouse receipts ("Special Collateral"), Borrower shall mark xxx same to show that such Special Collateral is subject to a security interest in favor of Bank, and shall deliver the original thereof to Bank, together with appropriate endorsements, the documents required to draw thereunder (as may be relevant to letters of credit) and/or other specific evidence of assignment (in form and substance satisfactory to Bank).
Special Collateral. Schedule 6 lists all Commercial Tort Claims intended to be subject hereto. As of the date hereof no Grantor owns any Letter-of-Credit Rights for letters of credit constituting Supporting Obligations.
Special Collateral. No part of the portion of the Equipment consisting of gas compressors is or will become Fixtures. No other portion of the Goods is known by Grantor to be Fixtures, except possibly for pipelines (as to which Grantor does not so intend, but as to which no such representation is made). No part of the Goods is leased or held for lease by Grantor to others.
AutoNDA by SimpleDocs
Special Collateral. Within five days upon Debtor’s receipt of that portion of the Personal Property Collateral consisting of Special Personal Property Collateral (as defined below), the Debtor shall mxxx the same to show that such Special Personal Property Collateral is subject to a security interest in favor of Secured Party and shall deliver the original thereof to Secured Party, together with appropriate endorsement and/or other specific evidence of assignment thereof to Secured Party, in form and substance reasonably acceptable to Secured Party. Debtor shall not create any chattel paper or other Special Personal Property Collateral without placing a legend thereon in form and substance reasonably satisfactory to Secured Party indicating that Secured Party has a lien on and security interest in such Special Personal Property Collateral. The term “Special Personal Property Collateral” means any of Debtor’s assets which are evidenced by or consists of any chattel paper, letters of credit, Instrument, certificate or document, including, without limitation, promissory notes, documents of title, securities and warehouse receipts.
Special Collateral. Immediately upon Borrower's receipt of that portion of the Collateral, if any, which is evidenced by an instrument and/or document, including promissory notes, documents of title, certificated securities and warehouse receipts (collectively the "Special Collateral") for the purpose of perfecting Agent's security interest in such Special Collateral, Borrower shall deliver the original thereof to Agent, together with appropriate endorsements and/or specific evidence of the assignment thereof to Agent, in form and substance acceptable to Agent; provided, however, that unless there shall exist an Event of Default or Agent shall have specifically requested same, Borrower need not deliver to Agent Special Collateral representing advances to employees.
Special Collateral. Immediately upon Borrower Group’s receipt of that portion of the Collateral which is or becomes evidenced by an agreement, instrument and/or document, including, without limitation, promissory notes, trade acceptances, documents of title and warehouse receipts (the “Special Collateral”), Borrower Group shall deliver the original thereof to Lender, together with appropriate endorsements or other specific evidence (in form and substance acceptable to Lender) of assignment thereof to Lender. To the extent that Article 9 of the Code does not govern the creation and/or perfection of the Prior Security Interest of Lender intended to be created hereunder, Borrower Group agrees to execute and deliver such further documents and instruments as Lender may from time to time request in order to, in the opinion of Lender’s counsel, adequately create and fully perfect such first priority Lien with respect to such property.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!