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 33 contracts
Samples: Pledge and Security Agreement (PostRock Energy Corp), Pledge and Security Agreement (PostRock Energy Corp), Pledge and Security Agreement (PostRock Energy 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 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 Secured Partythe Agent.
Appears in 5 contracts
Samples: Credit Agreement (Trinity Industries Inc), Credit Agreement (Trinity Marine Products, 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), Credit Agreement (Peregrine Systems Inc), Pledge and Security Agreement (First Investors Financial Services Group 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: Credit Agreement (Marketing Specialists Corp), Credit Agreement (Marketing Specialists Corp), Revolving Credit Loan Agreement (Ods Networks 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: Term Loan Credit Agreement (Rotech Healthcare Inc), Term Loan Credit Agreement (Rotech Healthcare Inc), Credit Agreement (Rotech Healthcare 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: Credit Agreement (Centennial Cellular Corp), Indenture (Metal Management Inc), Security Agreement (Centennial Communications Corp /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 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: Credit 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 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: Purchase and Sale Agreement (Industrial Holdings Inc), Purchase and Sale 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), Network Products Purchase Agreement (MGC Communications 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 3 contracts
Samples: Credit Agreement (Alon Brands, Inc.), Security Agreement (Spartech Corp), Security Agreement (Spartech 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: Guarantor Security Agreement (Cellstar Corp), Credit Agreement (Cellstar 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 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: Credit 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 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 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 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 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: Guarantor Security Agreement (Prime Medical Services Inc /Tx/), Borrower Security Agreement (Prime Medical Services Inc /Tx/)
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 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: Intercreditor 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 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), Credit Agreement (Global Industrial Technologies 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: Pledge and Security Agreement (Grizzly Energy, LLC), Pledge and Security 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 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
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
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 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
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
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)
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 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
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 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
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 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 or is otherwise subject to a perfected security interest in favor of the Collateral Agent.
Appears in 1 contract
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 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 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
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
Warehouse Receipts Non-Negotiable. If The Partnership 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 “drawn in such a manner as to 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
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 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
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 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
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
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 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: Credit 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 PartyCollateral Agent.
Appears in 1 contract
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
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 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 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
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: Pledge and Security Agreement (Martin Midstream Partners Lp)
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
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)
