Common use of Titled Vehicles Clause in Contracts

Titled Vehicles. Each Grantor will give the Administrative Agent notice of its acquisition of any vehicle covered by a certificate of title that constitutes a portion of the PP&E Component and deliver to the Administrative Agent, upon request, the original of the vehicle title certificate with respect to any such vehicle and provide and/or file all other documents or instruments necessary to have the Lien of the Administrative Agent noted on any such certificate or with the appropriate state office.

Appears in 3 contracts

Samples: Pledge and Security Agreement (Core-Mark Holding Company, Inc.), Pledge and Security Agreement (Core-Mark Holding Company, Inc.), Pledge and Security Agreement (Core-Mark Holding Company, Inc.)

AutoNDA by SimpleDocs

Titled Vehicles. Each Such Grantor will give the Administrative Agent notice of its acquisition of any vehicle covered by a certificate of title that constitutes a portion of the PP&E Component and deliver to the Administrative Agent, upon request, the original of the any vehicle title certificate with respect to any such vehicle and provide and/or file all other documents or instruments necessary to have the Lien of the Administrative Agent noted on any such certificate or with the appropriate state office.

Appears in 3 contracts

Samples: Pledge and Security Agreement (SEACOR Marine Holdings Inc.), Pledge and Security Agreement (Graham Corp), Pledge and Security Agreement (A. H. Belo CORP)

Titled Vehicles. Each Such Grantor will give the Administrative Agent notice of its acquisition of any vehicle (other than any vehicle subject to a Lien that is permitted under Section 6.02(d) of the Credit Agreement) covered by a certificate of title that constitutes a portion of the PP&E Component and deliver to the Administrative Agent, upon request, the original of the any vehicle title certificate with respect to any such vehicle and provide and/or file all other documents or instruments necessary to have the Lien of the Administrative Agent noted on any such certificate or with the appropriate state office.

Appears in 1 contract

Samples: Pledge and Security Agreement (Friedman Industries Inc)

Titled Vehicles. Each Such Grantor will give the Administrative Agent notice of its acquisition of any vehicle covered by a certificate of title that constitutes a portion of the PP&E Component and deliver to the Administrative Agent, upon request, the original of the any vehicle title certificate with respect to any such vehicle and, when an Event of Default has occurred and is continuing, provide and/or and file all other documents or instruments necessary to have the Lien of the Administrative Agent noted on any such certificate or with the appropriate state office.

Appears in 1 contract

Samples: Pledge and Security Agreement (CarParts.com, Inc.)

Titled Vehicles. Each Grantor will give the Administrative Agent notice of its acquisition of any vehicle covered by a certificate of title that constitutes a portion of the PP&E Component and deliver to the Administrative Agent, upon request, the original of the any vehicle title certificate with respect to any such vehicle and provide and/or file all other documents or instruments necessary to have the Lien of the Administrative Agent noted on any such certificate or with the appropriate state office.

Appears in 1 contract

Samples: Pledge and Security Agreement (Systemax Inc)

Titled Vehicles. Each Grantor will give the Administrative Agent notice of its acquisition of any vehicle covered by a certificate of title that constitutes a portion of the PP&E Component and deliver to the Administrative Agent, upon request, the original of the vehicle title certificate with respect to any such vehicle and upon Administrative Agent’s request after the occurrence and during the continuance of an Event of Default, provide and/or file all other documents or instruments necessary to have the Lien of the Administrative Agent noted on any such certificate or with the appropriate state office.

Appears in 1 contract

Samples: Credit Agreement (Core-Mark Holding Company, Inc.)

AutoNDA by SimpleDocs

Titled Vehicles. Each Upon the request of the Administrative Agent, such Grantor will give the Administrative Agent notice of its acquisition of any vehicle covered by a certificate of title that constitutes a portion of the PP&E Component and deliver to the Administrative Agent, upon request, the original of the any vehicle title certificate with respect to any such vehicle and provide and/or file all other documents or instruments necessary to have the Lien of the Administrative Agent noted on any such certificate or with the appropriate state office.

Appears in 1 contract

Samples: Pledge and Security Agreement (Techteam Global Inc)

Titled Vehicles. Each Grantor will give the Administrative Agent notice of its acquisition of any vehicle covered by a certificate of title that constitutes a portion and, if required under the terms of the PP&E Component and Credit Agreements, deliver to the Administrative Agent, upon request, the original of the any vehicle title certificate with respect to any such vehicle and provide and/or file do all other documents or instruments things necessary to have the Lien of the Administrative Agent noted on any such certificate or with the appropriate state officecertificate.

Appears in 1 contract

Samples: Pledge and Security Agreement (Inergy L P)

Titled Vehicles. Each Grantor will give the Administrative Agent notice of its acquisition of any vehicle covered by a certificate of title that constitutes having a portion value in excess of the PP&E Component $100,000 and will deliver to the Administrative Agent, upon request, the original of the any vehicle title certificate with respect to any such vehicle and provide and/or file do all other documents or instruments things necessary to have the Lien of the Administrative Agent noted on any such certificate or with the appropriate state officecertificate.

Appears in 1 contract

Samples: Credit Agreement (Central Garden & Pet Co)

Time is Money Join Law Insider Premium to draft better contracts faster.