Special Collateral. Immediately upon any Borrower's receipt of any Special Collateral, such Borrower shall xxxx the same to show that such Special Collateral is subject to a first position security interest and lien in favor of the Bank and shall deliver the original thereof to the Bank, together with an appropriate endorsement or other specific evidence of assignment in form and substance acceptable to the Bank.
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Special Collateral. Immediately upon any Borrower's ’s receipt of any Special Collateral, such Borrower shall xxxx the same to show that such Special Collateral is subject to a first position security interest and lien in favor of the Bank Lender and shall deliver the original thereof to the BankLender, together with an appropriate endorsement or other specific evidence of assignment in form and substance acceptable to the BankLender.
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Samples: Loan and Security Agreement (United American Healthcare Corp)
Special Collateral. Immediately upon any Borrower's receipt of any Special Collateral, such Borrower shall xxxx the same to show that such Special Collateral is subject to a first position security interest and lien in favor of the Bank Lender and shall deliver the original thereof to the BankLender, together with an appropriate endorsement or other specific evidence of assignment in form and substance acceptable to the BankLender.
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Samples: Loan and Security Agreement (Vita Food Products Inc)
Special Collateral. Immediately upon any Borrower's ’s receipt of any Special CollateralCollateral with a value of $10,000 or more, such Borrower shall xxxx the same to show that such Special Collateral is subject to a first position security interest and lien in favor of the Bank Lender and shall deliver the original thereof to the BankLender, together with an appropriate endorsement or other specific evidence of assignment in form and substance acceptable to the BankLender.
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Samples: Loan and Security Agreement (Total Apparel Group , Inc.)
Special Collateral. Immediately upon any Borrower's receipt of any that portion ------------------ of the Collateral consisting of Special Collateral, such Borrower shall xxxx the same to show that such Special Collateral is subject to a first position security interest and lien in favor of the Bank Lender and shall deliver the original thereof to the BankLender, together with an appropriate endorsement or and/or other specific evidence of assignment thereof to Lender, in form and substance acceptable to the BankLender.
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