Common use of Titled Vehicles Clause in Contracts

Titled Vehicles. The Borrower shall give the Lender notice of its acquisition of any vehicle covered by a certificate of title which would be classified as Equipment and deliver to the Lender, upon request, the original of any vehicle title certificate and do all things necessary to have the Lien of the Lender noted on any such certificate.

Appears in 2 contracts

Samples: Revolving Loan Agreement (Acacia Diversified Holdings, Inc.), Asset Purchase Agreement (Acacia Automotive Inc)

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Titled Vehicles. The Borrower shall If requested in writing by the Lender, the Debtor will give the Lender notice of its acquisition of any vehicle covered by a certificate of title which would be classified as Equipment and deliver to the Lender, upon request, the original of any vehicle title certificate and do all things necessary to have the Lien of the Lender noted on any such certificate.

Appears in 1 contract

Samples: Pledge and Security Agreement (Mobility Electronics Inc)

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Titled Vehicles. The Borrower shall will give the Lender notice of its acquisition of any vehicle covered by a certificate of title which would be classified as Equipment and deliver to the Lender, upon request, the original of any vehicle title certificate for any such vehicle that is not subject to a Lien permitted under Section 4.1.6. and do all things necessary to have the Lien of the Lender noted on any such certificate.

Appears in 1 contract

Samples: Pledge and Security Agreement (Tyler Technologies Inc)

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