Common use of Types of Collateral Clause in Contracts

Types of Collateral. If the Collateral that is subject to this Agreement is described in the‌ and will: (a) replace defective or worn out parts as and when necessary; (b) ensure that any Collateral intended by its manufacturer for use for a particular purpose is used for that purpose, and in accordance with any relevant recommendations of the manufacturer; (c) not alter or modify any Collateral, unless the Secured Party agrees; (d) not change any registration plate, identification number or similar identification xxxx in respect of any Collateral, unless the Secured Party agrees; (e) allow the Secured Party to inspect Collateral that is able to be inspected, at all reasonable times.

Types of Collateral. If the Collateral that is subject to this Agreement is described in the‌ the and will: (a) replace defective or worn out parts as and when necessary; (b) ensure that any Collateral intended by its manufacturer for use for a particular purpose is used for that purpose, and in accordance with any relevant recommendations of the manufacturer; (c) not alter or modify any Collateral, unless the Secured Party agrees; (d) not change any registration plate, identification number or similar identification xxxx in respect of any Collateral, unless the Secured Party agrees; (e) allow the Secured Party to inspect Collateral that is able to be inspected, at all reasonable times.

Types of Collateral. If the Collateral that is subject to this Agreement is described in the‌ the and will: (a) replace defective or worn out parts as and when necessary; (b) ensure that any Collateral intended by its manufacturer for use for a particular purpose is used for that purpose, and in accordance with any relevant recommendations of the manufacturer; (c) not alter or modify any Collateral, unless the Secured Party agrees; (d) not change any registration plate, identification number or similar identification xxxx mark in respect of any Collateral, unless the Secured Party agrees; (e) allow the Secured Party to inspect Collateral that is able to be inspected, at all reasonable times.

Types of Collateral. If the Collateral that is subject to this Agreement is described in the‌ and will: (a) replace defective or worn out parts as and when necessary; (b) ensure that any Collateral intended by its manufacturer for use for a particular purpose is used for that purpose, and in accordance with any relevant recommendations of the manufacturer; (c) not alter or modify any Collateral, unless the Secured Party agrees; (d) not change any registration plate, identification number or similar identification xxxx mark in respect of any Collateral, unless the Secured Party agrees; (e) allow the Secured Party to inspect Collateral that is able to be inspected, at all reasonable times.