Warehouse Receipts Non-Negotiable. Debtor 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 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 adopted by the State of Texas).
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Samples: Security Agreement (Probex Corp), Security Agreement (Probex Corp)
Warehouse Receipts Non-Negotiable. Debtor agrees that if any warehouse receipt, receipt or receipt in the nature of a warehouse receipt, receipt is issued with respect to any of its inventory, such warehouse receipt, receipt or receipt in the nature thereof, thereof shall not be "negotiable" (as such term is used in Section 7-104 of the Uniform Commercial Code as adopted by the State of TexasCode).
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Warehouse Receipts Non-Negotiable. Debtor The Company agrees that if any warehouse receipt, receipt or receipt in the nature of a warehouse receipt, receipt is issued with respect to any of its inventoryInventory, the Company will use its best efforts to assure that such warehouse receipt, receipt or receipt in the nature thereof, thereof shall not be "negotiable" (as such term is used in Section 7-104 of the Uniform Commercial Code as adopted by the State of Texasin effect in any relevant jurisdiction or under other relevant law).
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Samples: Note Purchase Agreement (Heritage Propane Partners L P)
Warehouse Receipts Non-Negotiable. Debtor 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 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 adopted by the State of TexasNew York).
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Warehouse Receipts Non-Negotiable. Debtor agrees that if any warehouse receipt, receipt or receipt in the nature of a warehouse receipt, receipt is issued with respect to any of its inventoryCompressor Equipment or Inventory, such warehouse receipt, receipt or receipt in the nature thereof, thereof shall not be "negotiable" (as such term is used in Section 7-104 of the Uniform Commercial Code as adopted by the State of Texas).
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