Common use of Special Collateral Clause in Contracts

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 a Borrower's receipt by a Borrower of any Collateral that which is evidenced or secured by an agreement, chattel paperletter of credit, instrument or documentand/or documents, including, without limitation, promissory notes, documents of title and warehouse receipts (the “"Special Collateral”"), such Borrower shall deliver the original thereof to Agent Lender or to such agent of Agent Lender as Agent Lender shall designate, together with appropriate endorsements, or the documents required to draw thereunder (as may be relevant to letters of credit) and/or other specific evidence (in form and substance acceptable to AgentLender) of assignment thereof to AgentLender.

Special Collateral. Immediately upon Borrowers' receipt by a Borrower of any Collateral that which is evidenced or secured by an agreement, chattel paperletter of credit, instrument or documentand/or documents, including, without limitation, promissory notes, documents of title and warehouse receipts (the “"Special Collateral”"), such Borrower shall deliver the original thereof to Agent Lender or to such agent of Agent Lender as Agent Lender shall designate, together with appropriate endorsements, or the documents required to draw thereunder (as may be relevant to letters of credit) and/or other specific evidence (in form and substance acceptable to AgentLender) of assignment thereof to AgentLender.

Special Collateral. Immediately upon Borrower’s receipt by a Borrower of any that portion of the Collateral that which is or becomes evidenced or secured by an agreement, chattel paper, instrument or and/or document, including, without limitation, promissory notes, trade acceptances, documents of title and warehouse receipts (the “Special Collateral”), such Borrower shall deliver the original thereof to Agent the Lender or to such agent of Agent as Agent shall designatetheir designee, together with appropriate endorsements, endorsements or other specific evidence (in form and substance acceptable to Agentthe Lender) of assignment thereof to AgentLender.