Common use of Certain After-Acquired Collateral Clause in Contracts

Certain After-Acquired Collateral. Obligors shall promptly notify Lender in writing if, after the Closing Date, any Obligor obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender’s reasonable request, shall promptly take such actions as Lender deems appropriate to effect Lender’s duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any material Collateral is in the possession of a third party, at Lender’s reasonable request, Obligors shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Obligors Borrower shall promptly notify Lender in writing if, after the Closing Date, any Obligor Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender’s reasonable 's request, shall promptly take such actions as Lender deems appropriate to effect Lender’s 's duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any material Collateral is in the possession of a third party, at Lender’s reasonable 's request, Obligors Borrower shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Obligors shall promptly notify Lender in writing if, after the Closing Date, any Obligor obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights with a face amount or representing Property having a Value exceeding $100,000 and, upon Lender’s reasonable request, shall promptly take such actions as Lender deems appropriate to effect Lender’s duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement Control Agreement or Lien Waiver. If any material Collateral is in the possession of a third party, at Lender’s reasonable request, Obligors shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Obligors Borrower shall promptly notify Lender in writing if, after the Closing Effective Date, any Obligor Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender’s reasonable 's request, shall promptly execute such documents and take such actions as Lender deems appropriate to effect Lender’s 's duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any material Collateral is in the possession of a third party, at Lender’s reasonable 's request, Obligors Borrower shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Obligors Borrowers shall promptly notify Lender in writing if, after the Closing Date, any Obligor Borrower obtains any interest in any Collateral (which in the aggregate exceeds $100,000) consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender’s reasonable request, shall promptly take such actions as Lender deems appropriate to effect Lender’s duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any material Collateral is in the possession of a third party, at Lender’s reasonable request, Obligors Borrowers shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Obligors Borrower shall promptly notify Lender in writing if, after the Loan Closing Date, any Obligor Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender’s reasonable request, shall promptly execute such documents and take such actions as Lender deems appropriate to effect Lender’s duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiverlien waivers. If any material Collateral is in the possession of a third party, at Lender’s reasonable request, Obligors Borrower shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Obligors Borrower shall promptly notify Lender in writing if, after the Closing Date, any Obligor Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender’s reasonable request, shall promptly take such actions as Lender deems appropriate to effect Lender’s duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any material Collateral is in the possession of a third party, at Lender’s reasonable request, Obligors Borrower shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Obligors Borrowers shall promptly notify Lender in writing if, after the Closing Date, any Obligor Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Propertyregistered intellectual property, Investment Property or Letter-of-Credit Rights and, upon Lender’s reasonable request, shall promptly take such actions as Lender deems appropriate to effect Lender’s 's duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any material Collateral is in the possession of a third party, at Lender’s reasonable 's request, Obligors Borrowers shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Obligors Borrowers shall promptly notify Lender in writing if, after the Closing Date, any Obligor Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights with a face amount or representing Property having a value in excess of $125,000 and, upon Lender’s reasonable 's request, shall promptly take such actions as Lender deems appropriate to effect Lender’s 's duly perfected, first second priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any material Collateral is in the possession of a third party, at Lender’s reasonable 's request, Obligors Borrowers shall use commercially reasonable efforts to obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Obligors Borrower shall promptly notify Lender in writing if, after the Closing Date, any Obligor Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender’s reasonable request, shall promptly take such actions as Lender deems appropriate to effect Lender’s duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, control agreement or Lien Waiver. If any material Collateral is in the possession of a third party, at Lender’s reasonable request, Obligors Borrower shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.

Certain After-Acquired Collateral. Obligors Borrowers shall promptly notify Lender in writing if, after the Closing Date, any Obligor Borrower obtains any interest in any Collateral consisting of Deposit Accounts, Chattel Paper, Documents, Instruments, Intellectual Property, Investment Property or Letter-of-Credit Rights and, upon Lender’s reasonable request, shall promptly take such actions as Lender deems appropriate to effect Lender’s duly perfected, first priority Lien upon such Collateral, including obtaining any appropriate possession, possession or control agreement or Lien Waiveragreement. If any material Collateral is in the possession of a third party, at Lender’s reasonable request, Obligors Borrowers shall obtain an acknowledgment that such third party holds the Collateral for the benefit of Lender.