Specific Assignments. Promptly, upon request by the Secured -------------------- Party, the Borrowers will execute and deliver to the Secured Party written assignments, endorsements and/or schedules, in form and content satisfactory to the Secured Party, of specific chattel paper and accounts or groups of accounts or chattel paper, but the security interest of the Secured Party hereunder shall not be limited in any way by such assignments. Such accounts and chattel paper are to secure payment of the Obligations and performance of the Loan Agreement and are not sold to the Secured Party whether or not any assignment thereof which is separate from this Security Agreement, is in form absolute.
Appears in 3 contracts
Samples: Secured Demand Loan Facility (Calcomp Technology Inc), Security Agreement (Lockheed Martin Corp), Security Agreement (Calcomp Technology Inc)
Specific Assignments. Promptly, upon request by the Secured -------------------- --------------------- Party, the Borrowers will execute and deliver to the Secured Party written assignments, endorsements and/or schedules, in form and content satisfactory to the Secured Party, of specific chattel paper and accounts or groups of accounts or chattel paper, but the security interest of the Secured Party hereunder shall not be limited in any way by such assignments. Such accounts and chattel paper are to secure payment of the Obligations and performance of the Loan Revolving Credit Agreement and are not sold to the Secured Party whether or not any assignment thereof which is separate from this Security Agreement, is in form absolute.
Appears in 1 contract
Samples: Revolving Credit Agreement (Calcomp Technology Inc)