Accounts and Pledged Indebtedness. All Accounts and Pledged Indebtedness owed by any Affiliate of the Obligors shall be on open account and shall not be evidenced by any note or other instrument; PROVIDED, HOWEVER, that all Pledged Indebtedness owed by any Affiliate of any Obligor shall, if the Agent requests, be evidenced by a promissory note, which note shall be delivered to the Agent after having been endorsed in blank. Each Obligor will, immediately upon the receipt thereof, deliver to the Agent any promissory note or similar instrument representing any Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
Accounts and Pledged Indebtedness. Each Obligor will, immediately upon the receipt thereof, deliver to the Agent any promissory note or similar instrument, but not in any event including normal invoices in the ordinary course of business, representing any Account or Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
Accounts and Pledged Indebtedness. 11 3.3.3. No Liens or Restrictions on Transfer or Change of Control...........................................11 ------- 3.3.4. Location of Credit Security.......................12 --------------------------- 3.3.5.
Accounts and Pledged Indebtedness. Each Obligor will, immediately upon receipt thereof, deliver to the Lender any promissory note or similar instrument representing any account or Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
Accounts and Pledged Indebtedness. Subject to 3.3.13., each Obligor will, immediately upon the receipt thereof, deliver to the Agent (or an agent on its behalf) any promissory note or similar instrument representing any Account or Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
Accounts and Pledged Indebtedness. 80- 10.3.3. No Liens or Restrictions on Transfer or Change of Control..............................-81- 10.3.4. Location of Credit Security....................-81- 10.3.5. Trade Names....................................-81- 10.3.6. Insurance......................................-81- 10.3.7. Modifications to Credit Security...............-82- 10.3.8. Delivery of Documents..........................-82- 10.3.9. Perfection of Credit Security..................-82- 10.4. Administration of Credit Security........................-83- 10.4.1. Use of Credit Security.........................-83- 10.4.2. Deposits; Accounts.............................-83- 10.4.3. Pledged Securities.............................-84- 10.5. Right to Realize upon Credit Security....................-84- 10.5.1. Assembly of Credit Security; Receiver..........-84- 10.5.2. General Authority..............................-85- 10.5.3. Marshaling, etc................................-85- 10.5.4. Sales of Credit Security.......................-86- 10.5.5. Sale without Registration......................-87- 10.5.6. Application of Proceeds........................-87- 10.6. Custody of Credit Security...............................-88- 11. Expenses; Indemnity...............................................-88- 11.1. Expenses.................................................-88- 11.2. General Indemnity........................................-89- 11.3. Indemnity With Respect to Letters of Credit..............-89-
Accounts and Pledged Indebtedness. MXE will, promptly upon Lathi’s request therefor, deliver to Lathi any promissory note or similar instrument representing any Account or Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
Accounts and Pledged Indebtedness. The Borrower will, immediately upon the receipt thereof, deliver to the Lender any promissory note or similar instrument representing any Account or Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
Accounts and Pledged Indebtedness. 3.2.3. No Liens or Restrictions on Transfer or Change of Control 3.2.4. Jurisdiction of Organization 3.2.5. Location of Credit Security 3.2.6. Trade Names
Accounts and Pledged Indebtedness. Each Pledgor will, immediately upon the receipt thereof, deliver to the Agent any promissory note or similar instrument representing any Account or Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
