Common use of Warehouse Receipts Non-Negotiable Clause in Contracts

Warehouse Receipts Non-Negotiable. To the extent practicable, each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 26 contracts

Samples: Security Agreement (CURO Group Holdings Corp.), Security Agreement (CURO Group Holdings Corp.), Security Agreement (CURO Group Holdings Corp.)

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Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 21 contracts

Samples: Security Agreement (JCC Holding Co), Credit Agreement (Universal Hospital Services Inc), Security Agreement (Acg Holdings Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 14 contracts

Samples: Security Agreement (Westborn Service Center, Inc.), Security Agreement (VHS of Phoenix Inc), Pledge Agreement (Extended Stay America Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 13 contracts

Samples: Security Agreement (Dayton Superior Corp), Security Agreement (Marathon Power Technologies Co), And Restated Security Agreement (Power Ten)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code UCC as in effect in any relevant jurisdiction or under other relevant law).

Appears in 10 contracts

Samples: And Collateral Agreement, Security Agreement (Manitowoc Foodservice, Inc.), Security Agreement (Manitowoc Foodservice, Inc.)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 7 contracts

Samples: Security Agreement (Clean Harbors Inc), Us Security Agreement (RPP Capital Corp), Security Agreement (Vertis Inc)

Warehouse Receipts Non-Negotiable. To the extent practicableIf a Specified Default or an Event of Default shall occur, each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 5 contracts

Samples: Credit Agreement (Dole Food Co Inc), Intercreditor Agreement (Dole Food Co Inc), Intercreditor Agreement (Dole Food Co Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each The Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 4 contracts

Samples: Pledge Agreement (Pueblo Xtra International Inc), Pledge Agreement (Hosiery Corp of America Inc), Security Agreement (Menasco Aerosystems Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each the Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such the Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 4 contracts

Samples: Subordinated Security Agreement (Emagin Corp), Security Agreement (RCN Corp /De/), Security Agreement (Emagin Corp)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Assignor the Obligor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventoryinventory, such Assignor the Obligor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 3 contracts

Samples: Credit Agreement (Bway Parent Company, Inc.), Security Agreement (BWAY Holding CO), Security Agreement (Bway Corp)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code UCC as in effect in any relevant jurisdiction or under other relevant law).

Appears in 3 contracts

Samples: Security Agreement (Quality Distribution Inc), Security Agreement (Winfred Berg Licensco Inc), Security Agreement (Winfred Berg Licensco Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code UCC as in effect in any relevant jurisdiction or under other relevant law).

Appears in 2 contracts

Samples: Security Agreement (Weblink Wireless Inc), Security Agreement (Pagemart Wireless Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 2 contracts

Samples: Us Security Agreement (Silgan Holdings Inc), Security Agreement (Silgan Holdings Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 2 contracts

Samples: Credit Agreement (Silgan Holdings Inc), Credit Agreement (Silgan Holdings Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its InventoryInventory or Units, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 2 contracts

Samples: Security Agreement (Williams Scotsman Inc), Security Agreement (Williams Scotsman International Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Parity Lien Security Agreement (Nathans Famous Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its InventoryInventory (other than those constituting Excluded Assets), such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (Green Field Energy Services, Inc.)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its InventoryPledged Containers or Pledged Chassis, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

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

Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor shall request that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as <PAGE> 16 EXHIBIT H Page 11 such term is used in Section 7-104 of the Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law). 6.3.

Appears in 1 contract

Samples: Security Agreement Security Agreement

Warehouse Receipts Non-Negotiable. To the extent practicable, each the Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its InventoryPledged Containers or Pledged Chassis, such the Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

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

Warehouse Receipts Non-Negotiable. To the extent practicable, each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7Section7-104 of the Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (Hughes Electronics Corp)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Parity Lien Security Agreement (Nathans Famous Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each The Assignor agrees that if --------------------------------- any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (Yes Entertainment Corp)

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Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor shall request that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as 16 EXHIBIT H PAGE 11 such term is used in Section 7-104 of the Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (Universal Compression Holdings Inc)

Warehouse Receipts Non-Negotiable. To Each of the extent practicable, each Assignor Assignors agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (United Petroleum Corp)

Warehouse Receipts Non-Negotiable. To the extent practicable, each The Assignor agrees that if any --------------------------------- warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Credit Agreement (Pierce Leahy Corp)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if --------------------------------- any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code UCC as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (Resources Connection Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor shall request that such warehouse receipt or receipt in the nature thereof shall not be -16- 21 "negotiable" (as such term is used in Section 7-104 of the Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (Transworld Home Healthcare Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Assignor agrees that if any warehouse ware­house receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its InventoryInventory or other Goods, such Assignor 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 Uniform Commercial Code UCC as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (Acco Brands Corp)

Warehouse Receipts Non-Negotiable. To the extent practicable, each the Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such the Assignor 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 Uniform Commercial Code UCC as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (Town Sports International Holdings Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if --------------------------------- any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (Cambridge Industries Inc /De)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Assignor agrees that if any warehouse wxxx-house receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (RCN Corp /De/)

Warehouse Receipts Non-Negotiable. To the extent practicable, --------------------------------- each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (Idt Corp)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any material portion of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Pledge and Security Agreement (Flowers Foods Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees --------------------------------- that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (Dade International Inc)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant lawlaw from time to time hereinafter).

Appears in 1 contract

Samples: Security Agreement (JCC Holding Co)

Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor shall request that such warehouse receipt or receipt in the nature thereof shall not be "negotiable" (as such term is used in Section section 7-104 of the Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: Security Agreement (Safety Components International Inc)

Warehouse Receipts Non-Negotiable. To the extent practicablepracticable and in the respective Assignor’s prudent business judgment (to be determined by such Assignor in good faith), each Assignor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Assignor 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 Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).

Appears in 1 contract

Samples: First Lien Security Agreement (Walter Investment Management Corp)

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