Common use of Warehouse Receipts Non-Negotiable Clause in Contracts

Warehouse Receipts Non-Negotiable. If any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

Appears in 30 contracts

Samples: Security Agreement (PostRock Energy Corp), Security Agreement (PostRock Energy Corp), Security Agreement (PostRock Energy Corp)

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Warehouse Receipts Non-Negotiable. If Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

Appears in 6 contracts

Samples: Pledge and Security Agreement (Karts International Inc), Pledge and Security Agreement (Karts International Inc), Pledge and Security Agreement (Karts International Inc)

Warehouse Receipts Non-Negotiable. If It agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any portion of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to the Secured Party.

Appears in 5 contracts

Samples: Security Agreement (Marketing Specialists Corp), Credit Agreement (Marketing Specialists Corp), Security Agreement (Tufco Technologies Inc)

Warehouse Receipts Non-Negotiable. If It agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any portion of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Partythe Agent.

Appears in 5 contracts

Samples: Credit Agreement (Trinity Industries Inc), Credit Agreement (Trinity Industries Inc), Credit Agreement (Trinity Industries Inc)

Warehouse Receipts Non-Negotiable. If Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any portion of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

Appears in 5 contracts

Samples: Pledge and Security Agreement (First Investors Financial Services Group Inc), Pledge and Security Agreement (First Investors Financial Services Group Inc), Pledge and Security Agreement (First Investors Financial Services Group Inc)

Warehouse Receipts Non-Negotiable. If any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the CollateralInventory, agree that the applicable Pledgor shall not permit such warehouse receipt or receipt in the nature thereof shall not to be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt UCC or receipt in the nature thereof is delivered to Secured Partyunder other relevant law).

Appears in 4 contracts

Samples: Security Agreement (Centennial Communications Corp /De), Security Agreement (Centennial Cellular Corp), Security Agreement (Metal Management Inc)

Warehouse Receipts Non-Negotiable. If Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits Inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party).

Appears in 4 contracts

Samples: Pledge and Security Agreement (Innovative Food Holdings Inc), Pledge and Security Agreement (Innovative Food Holdings Inc), Pledge and Security Agreement (Innovative Food Holdings Inc)

Warehouse Receipts Non-Negotiable. If any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree each Grantor agrees that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used use in Section 7-104 of the New York UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Partythe Collateral Agent.

Appears in 4 contracts

Samples: Credit Agreement (Rotech Healthcare Inc), Credit Agreement (Rotech Healthcare Inc), Credit Agreement (Rotech Healthcare Inc)

Warehouse Receipts Non-Negotiable. If Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in Uniform Commercial Code as adopted by the nature thereof is delivered to Secured PartyState of Texas).

Appears in 3 contracts

Samples: Guaranty Agreement (Craftmade International Inc), Security Agreement (Probex Corp), Security Agreement (Probex Corp)

Warehouse Receipts Non-Negotiable. If Each Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt UCC as in effect in any relevant jurisdiction or receipt in the nature thereof is delivered to Secured Partyunder relevant law).

Appears in 3 contracts

Samples: Credit Agreement (Alon Brands, Inc.), Security Agreement (Spartech Corp), Security Agreement (Spartech Corp)

Warehouse Receipts Non-Negotiable. If any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the CollateralInventory, agree that Pledgor shall not permit such warehouse receipt or receipt in the nature thereof shall not to be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt UCC or receipt in the nature thereof is delivered to Secured Partyunder other relevant law).

Appears in 3 contracts

Samples: Securities Pledge Agreement (Carson Inc), General Security Agreement (Wells Aluminum Corp), Securities Pledge Agreement (Carson Inc)

Warehouse Receipts Non-Negotiable. If Each Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party).

Appears in 3 contracts

Samples: Letter Agreement (Industrial Holdings Inc), Letter Agreement (Industrial Holdings Inc), Pledge and Security Agreement (Integrated Performance Systems Inc)

Warehouse Receipts Non-Negotiable. If The Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to the Secured Party.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Micro Asi Inc), Security Agreement (Catalyst Master Fund Lp), Security Agreement (MGC Communications Inc)

Warehouse Receipts Non-Negotiable. If The Debtor agrees that --------------------------------- if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt UCC as in effect in any relevant jurisdiction or receipt in the nature thereof is delivered to Secured Partyunder relevant law).

Appears in 2 contracts

Samples: Credit Agreement (Cellstar Corp), Intercreditor Agreement (Global Industrial Technologies Inc)

Warehouse Receipts Non-Negotiable. If To the extent practicable, the Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateral, agree the Debtor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt Uniform Commercial Code as in effect in any relevant jurisdiction or receipt in the nature thereof is delivered to Secured Partyunder other relevant law).

Appears in 2 contracts

Samples: Security Agreement (TAL International Group, Inc.), Security Agreement (TAL International Group, Inc.)

Warehouse Receipts Non-Negotiable. If Such Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party).

Appears in 2 contracts

Samples: Security Agreement (Grizzly Energy, LLC), Security Agreement (Vanguard Natural Resources, Inc.)

Warehouse Receipts Non-Negotiable. If any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used Cherokee Pledge and Security Agreement in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

Appears in 2 contracts

Samples: Security Agreement (Quest Resource Corp), Security Agreement (Quest Energy Partners, L.P.)

Warehouse Receipts Non-Negotiable. If The Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt Uniform Commercial Code as in effect in any relevant jurisdiction or receipt in the nature thereof is delivered to Secured Partyunder relevant law).

Appears in 2 contracts

Samples: Borrower Security Agreement (Prime Medical Services Inc /Tx/), Guarantor Security Agreement (Prime Medical Services Inc /Tx/)

Warehouse Receipts Non-Negotiable. If The Issuer agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party).

Appears in 2 contracts

Samples: Pledge and Security Agreement, Intercreditor Agreement (Vanguard Natural Resources, Inc.)

Warehouse Receipts Non-Negotiable. If Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party).

Appears in 2 contracts

Samples: Pledge and Security Agreement (Rf Monolithics Inc /De/), Pledge and Security Agreement (Rf Monolithics Inc /De/)

Warehouse Receipts Non-Negotiable. If Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the CollateralCollateral having a value in excess of $100,000, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Savvis Communications Corp), Pledge and Security Agreement (Savvis Communications Corp)

Warehouse Receipts Non-Negotiable. If Each Debtor agrees --------------------------------- that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt UCC as in effect in any relevant jurisdiction or receipt in the nature thereof is delivered to Secured Partyunder relevant law).

Appears in 2 contracts

Samples: Intercreditor Agreement (Global Industrial Technologies Inc), Credit Agreement (Cellstar Corp)

Warehouse Receipts Non-Negotiable. If Each Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7‑104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party).

Appears in 2 contracts

Samples: Pledge and Security Agreement (Home Solutions of America Inc), Pledge and Security Agreement (Home Solutions of America Inc)

Warehouse Receipts Non-Negotiable. If Each Debtor agrees that --------------------------------- if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt UCC as in effect in any relevant jurisdiction or receipt in the nature thereof is delivered to Secured Partyunder relevant law).

Appears in 2 contracts

Samples: Credit Agreement (Cellstar Corp), Guarantor Security Agreement (Cellstar Corp)

Warehouse Receipts Non-Negotiable. If It agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any portion of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) negotiable unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Partythe Agent.

Appears in 2 contracts

Samples: Credit Agreement (Tufco Technologies Inc), Credit Agreement (Tufco Technologies Inc)

Warehouse Receipts Non-Negotiable. If Each Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits Inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) UCC as in effect in any relevant jurisdiction or under other relevant law), unless such warehouse receipt or receipt otherwise consented to by the Collateral Agent in the nature thereof is delivered to Secured Partywriting.

Appears in 2 contracts

Samples: Security Agreement (Stonemor Partners Lp), Security Agreement (Stonemor Partners Lp)

Warehouse Receipts Non-Negotiable. If any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Pledged Collateral, agree that the applicable Pledgor shall not permit such warehouse receipt or receipt in the nature thereof shall not to be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party).

Appears in 2 contracts

Samples: Credit Agreement (Sola International Inc), Landlord Access Agreement (Sola International Inc)

Warehouse Receipts Non-Negotiable. If The Debtor agrees that if --------------------------------- any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt UCC as in effect in any relevant jurisdiction or receipt in the nature thereof is delivered to Secured Partyunder relevant law).

Appears in 1 contract

Samples: Credit Agreement (Cellstar Corp)

Warehouse Receipts Non-Negotiable. If Such Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits Inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party).

Appears in 1 contract

Samples: Pledge and Security Agreement (Wilhelmina International, Inc.)

Warehouse Receipts Non-Negotiable. If The Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any portion of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to the Secured Party.

Appears in 1 contract

Samples: Security Agreement (Tufco Technologies Inc)

Warehouse Receipts Non-Negotiable. If Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.. SECURITY AGREEMENT (Savvis Communications Corporation)

Appears in 1 contract

Samples: Security Agreement (Savvis Communications Corp)

Warehouse Receipts Non-Negotiable. If Each Company agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt or other Document is issued in with respect of to any of the Collateralits Inventory, agree that such warehouse receipt or receipt in the nature thereof or other Document shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt UCC or receipt in the nature thereof is delivered to Secured Partyunder other relevant law).

Appears in 1 contract

Samples: Subsidiary Security and Pledge Agreement (Terex Corp)

Warehouse Receipts Non-Negotiable. If The Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits Collateral consisting of Inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party).

Appears in 1 contract

Samples: Security Agreement (Isecuretrac Corp)

Warehouse Receipts Non-Negotiable. If Each Issuer agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party).

Appears in 1 contract

Samples: Intercreditor Agreement (Vanguard Natural Resources, LLC)

Warehouse Receipts Non-Negotiable. If The Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any portion of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Partythe Collateral Agent.

Appears in 1 contract

Samples: Security Agreement (Peerless Manufacturing Co)

Warehouse Receipts Non-Negotiable. If It agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any portion of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) negotiable unless such warehouse receipt or receipt in the nature thereof is delivered to Secured PartyAgent.

Appears in 1 contract

Samples: Security Agreement (Universal Power Group Inc.)

Warehouse Receipts Non-Negotiable. If The Debtor agrees that --------------------------------- if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to the Secured Party.

Appears in 1 contract

Samples: Security Agreement (Prosofttraining Com)

Warehouse Receipts Non-Negotiable. If It agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any portion of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) negotiable unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Partythe Administrative Agent.

Appears in 1 contract

Samples: Credit Agreement (Spectralink Corp)

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Warehouse Receipts Non-Negotiable. If Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any portion of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.. Rights of Secured Party

Appears in 1 contract

Samples: Credit Agreement (Synalloy Corp)

Warehouse Receipts Non-Negotiable. If The Borrower agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt Uniform Commercial Code as in effect in any relevant jurisdiction or receipt in the nature thereof is delivered to Secured Partyunder relevant law).

Appears in 1 contract

Samples: Borrower Security Agreement (Prime Medical Services Inc /Tx/)

Warehouse Receipts Non-Negotiable. If any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) ), unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

Appears in 1 contract

Samples: Security Agreement (Martin Midstream Partners Lp)

Warehouse Receipts Non-Negotiable. If any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.. Multiparty Borrowing Base Credit Facility Pledge & Security Agreement

Appears in 1 contract

Samples: Security Agreement (PostRock Energy Corp)

Warehouse Receipts Non-Negotiable. If Each Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits Inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as negotiable”(as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party).

Appears in 1 contract

Samples: Pledge and Security Agreement (SCP Pool Corp)

Warehouse Receipts Non-Negotiable. If Debtor agrees that if ---------------------------------- any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

Appears in 1 contract

Samples: Security Agreement (Cais Internet Inc)

Warehouse Receipts Non-Negotiable. If Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

Appears in 1 contract

Samples: Security Agreement (Old America Stores Inc)

Warehouse Receipts Non-Negotiable. If Such Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party).

Appears in 1 contract

Samples: Intercreditor Agreement (Vanguard Natural Resources, Inc.)

Warehouse Receipts Non-Negotiable. If Each Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Pledged Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt UCC as in effect in any relevant jurisdiction or receipt in the nature thereof is delivered to Secured Partyunder relevant law).

Appears in 1 contract

Samples: Security Agreement (Pegasus Systems Inc)

Warehouse Receipts Non-Negotiable. If The Borrower agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt or other Document is issued in with respect of to any of the Collateralits Inventory, agree that such warehouse receipt or receipt in the nature thereof or other Document shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt UCC or receipt in the nature thereof is delivered to Secured Partyunder other relevant law).

Appears in 1 contract

Samples: Pledge and Security Agreement (Smartalk Teleservices Inc)

Warehouse Receipts Non-Negotiable. If To the extent practicable, the Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateral, agree the Debtor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt UCC as in effect in any relevant jurisdiction or receipt in the nature thereof is delivered to Secured Partyunder other relevant law).

Appears in 1 contract

Samples: Security Agreement (TAL International Group, Inc.)

Warehouse Receipts Non-Negotiable. If The Debtor agrees that if --------------------------------- any warehouse receipt or receipt in the nature of a warehouse receipt or other Document is issued in with respect of to any of the Collateralits Inventory, agree that such warehouse receipt or receipt in the nature thereof or other Document shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt UCC or receipt in the nature thereof is delivered to Secured Partyunder other relevant law).

Appears in 1 contract

Samples: Security Agreement (Synbiotics Corp)

Warehouse Receipts Non-Negotiable. If any warehouse receipt or --------------------------------- receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

Appears in 1 contract

Samples: Security Agreement (Azz Inc)

Warehouse Receipts Non-Negotiable. If The Company agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt or other Document is issued in with respect of to any of the Collateralits Inventory, agree that such warehouse receipt or receipt in the nature thereof or other Document shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt UCC or receipt in the nature thereof is delivered to Secured Partyunder other relevant law).

Appears in 1 contract

Samples: Security and Pledge Agreement (Terex Corp)

Warehouse Receipts Non-Negotiable. If Debtor agrees that if --------------------------------- any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any portion of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

Appears in 1 contract

Samples: Pledge and Security Agreement (Renaissance Worldwide Inc)

Warehouse Receipts Non-Negotiable. If To the extent practicable, the Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateral, agree the Debtor shall request that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt Uniform Commercial Code as in effect in any relevant jurisdiction or receipt in the nature thereof is delivered to Secured Partyunder other relevant law).

Appears in 1 contract

Samples: Security Agreement (TAL International Group, Inc.)

Warehouse Receipts Non-Negotiable. If Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any portion of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 673.1041 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

Appears in 1 contract

Samples: Revolving Credit Agreement (Stein Mart Inc)

Warehouse Receipts Non-Negotiable. If any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 7‑104 of the UCC) ), unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

Appears in 1 contract

Samples: Security Agreement (Martin Midstream Partners Lp)

Warehouse Receipts Non-Negotiable. If any Debtor agrees that if and --------------------------------- warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any portion of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party.

Appears in 1 contract

Samples: Pledge and Security Agreement (Renaissance Worldwide Inc)

Warehouse Receipts Non-Negotiable. If any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured PartyCollateral Agent.

Appears in 1 contract

Samples: Pledge and Security Agreement (Taleo Corp)

Warehouse Receipts Non-Negotiable. If The Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Partya Collateral Agent.

Appears in 1 contract

Samples: Security Agreement (ProsoftTraining)

Warehouse Receipts Non-Negotiable. If To the extent practicable, the Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateral, agree the Debtor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 7‑104 of the UCC) unless such warehouse receipt Uniform Commercial Code as in effect in any relevant jurisdiction or receipt in the nature thereof is delivered to Secured Partyunder other relevant law).

Appears in 1 contract

Samples: Security Agreement (TAL International Group, Inc.)

Warehouse Receipts Non-Negotiable. If Xxxxxx agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in with respect of to any of the Collateralits Inventory, agree that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured Party).

Appears in 1 contract

Samples: Pledge and Security Agreement (Innovative Food Holdings Inc)

Warehouse Receipts Non-Negotiable. If Debtor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued in respect of any of the Collateral, agree that Collateral such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 7.104 of the UCC) unless such warehouse receipt or receipt in the nature thereof is delivered to Secured PartyDCC).

Appears in 1 contract

Samples: Security Agreement (Sielox Inc)

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