Common use of Timing and Notice Clause in Contracts

Timing and Notice. With respect to any Collateral in existence on the date hereof, each Grantor shall comply with the requirements of Section 4 on the date hereof and, with respect to any Collateral hereafter owned or acquired, such Grantor shall comply with such requirements within fifteen (15) days of such Grantor acquiring rights therein. Each Grantor shall promptly inform the Bank of its acquisition of any Collateral for which any action is required by Section 4 hereof (including, for the avoidance of doubt, the filing of any applications for, or the issuance or registration of, any Patents, Copyrights or Trademarks). Notwithstanding the foregoing, each Grantor shall have 30 (thirty) days from the date hereof to provide the Bank with Control over any Investment Accounts.

Timing and Notice. With respect to any Collateral in existence on the date hereof, each Grantor shall comply with the requirements of Section 4 on the date hereof and, with respect to any Collateral hereafter owned or acquired, such Grantor shall comply with such requirements within fifteen (15) days of such Grantor acquiring rights therein. Each Grantor shall promptly inform the Bank Collateral Agent of its acquisition of any Collateral for which any action is required by Section 4 hereof (including, for the avoidance of doubt, the filing of any applications for, or the issuance or registration of, any Patents, Copyrights or Trademarks). Notwithstanding the foregoing, each Grantor shall have 30 (thirty) days from the date hereof to provide the Bank Collateral Agent with Control over any Investment Accounts.

Timing and Notice. With respect to any Collateral in existence on the date hereofIssue Date, each Grantor shall comply with the requirements of Section 4 on the date hereof and, and with respect to any Collateral hereafter owned or acquired, such Grantor shall use commercially reasonable efforts to comply with such requirements within fifteen (15) 30 days of such Grantor acquiring rights therein. Each Grantor shall promptly inform the Bank Collateral Trustee of its acquisition of any Collateral for which any action is required by Section 4 hereof (including, for the avoidance of doubt, the filing of any applications for, or the issuance or registration of, any Patents, Copyrights or Trademarks). Notwithstanding the foregoing, each Grantor shall have 30 (thirty) days from the date hereof to provide the Bank with Control over any Investment Accounts.