Common use of Chattel Paper Clause in Contracts

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000;

Appears in 8 contracts

Samples: Security Agreement (Internap Network Services Corp), Patent Security Agreement (Ocz Technology Group Inc), Patent Security Agreement (Power Solutions International, Inc.)

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Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000100,000;

Appears in 8 contracts

Samples: Guaranty and Security Agreement (Connecture Inc), Patent Security Agreement (Unifi Inc), Guaranty and Security Agreement (Nevada Gold & Casinos Inc)

Chattel Paper. (i) Promptly (and in any event within five two (52) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000;

Appears in 6 contracts

Samples: Patent Security Agreement (Oclaro, Inc.), Security Agreement (Oclaro, Inc.), Patent Security Agreement (Oclaro, Inc.)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000500,000;

Appears in 5 contracts

Samples: Patent Security Agreement (Nuverra Environmental Solutions, Inc.), Patent Security Agreement (Hawaiian Holdings Inc), Security Agreement (Nuverra Environmental Solutions, Inc.)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000;; and

Appears in 3 contracts

Samples: Patent Security Agreement (Inventure Foods, Inc.), Patent Security Agreement (Inventure Foods, Inc.), Patent Security Agreement (CDC Software CORP)

Chattel Paper. (i) Promptly (and in any event within five ten (510) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000;

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Brooks Automation Inc), Guaranty and Security Agreement (Brooks Automation Inc)

Chattel Paper. (i) Promptly (and in any event within five ten (510) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all "transferable records" as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000;

Appears in 2 contracts

Samples: Guaranty and Security Agreement (MGP Ingredients Inc), Guaranty and Security Agreement (Upland Software, Inc.)

Chattel Paper. (i) Promptly (and in any event within five ten (510) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000100,000;

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Q2 Holdings, Inc.), Guaranty and Security Agreement (Q2 Holdings, Inc.)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,0001,000,000;

Appears in 2 contracts

Samples: Patent Security Agreement (Harte Hanks Inc), Security Agreement (Twin Disc Inc)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000;100,000; and

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Unifi Inc), Patent Security Agreement (Unifi Inc)

Chattel Paper. (i) Promptly (and in any event within five two (52) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000100,000;

Appears in 1 contract

Samples: Security Agreement (Finisar Corp)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after written request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000;100,000 or more in any one case or $200,000 or more in the aggregate.

Appears in 1 contract

Samples: Patent Security Agreement (Nacco Industries Inc)

Chattel Paper. (ia) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor Borrower shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Uniform Commercial Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000;500,000.

Appears in 1 contract

Samples: Intercreditor Agreement (Empeiria Acquisition Corp)

Chattel Paper. (i) i. Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000500,000;

Appears in 1 contract

Samples: Security Agreement (Audiovox Corp)

Chattel Paper. (i) Promptly (and in any event within five ten (510) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper constituting Collateral in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,0001,000,000;

Appears in 1 contract

Samples: Guaranty and Security Agreement (FTS International, Inc.)

Chattel Paper. (i) Promptly (and in any event within five ten (510) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper constituting Collateral in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,0003,000,000;

Appears in 1 contract

Samples: Guaranty and Security Agreement (FTS International, Inc.)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000;100,000 in any one case or $100,000 or more in the aggregate.

Appears in 1 contract

Samples: Patent Security Agreement (K Swiss Inc)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000;1,500,000 in any one case or $2,000,000 or more in the aggregate.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Advanced Energy Industries Inc)

Chattel Paper. (ii.) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000100,000;

Appears in 1 contract

Samples: Security Agreement (Dixie Group Inc)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent (or its agent or designee) control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000500,000;

Appears in 1 contract

Samples: Patent Security Agreement (Nuverra Environmental Solutions, Inc.)

Chattel Paper. (i) Promptly Each Grantor shall promptly (and in any event within five ten (510) Business Days) after request by AgentDays or such longer period as Agent may agree), each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper that constitutes Collateral in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,0001,000,000;

Appears in 1 contract

Samples: Security Agreement (Exide Technologies)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after reasonable request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,0001,000,000;

Appears in 1 contract

Samples: Security Agreement (Monotype Imaging Holdings Inc.)

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Chattel Paper. (i) Promptly Each Grantor shall promptly (and in any event within five ten (510) Business DaysDays or such longer period as Agent may agree) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper that constitutes Collateral in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,0001,000,000;

Appears in 1 contract

Samples: Security Agreement (Exide Technologies)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,00025,000;

Appears in 1 contract

Samples: Patent Security Agreement (Asure Software Inc)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,00050,000;

Appears in 1 contract

Samples: Patent Security Agreement (ModusLink Global Solutions Inc)

Chattel Paper. (i) Promptly (and in any event within five two (52) Business Days) after request by U.S. Agent, each Grantor shall take all steps reasonably necessary to grant U.S. Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000100,000;

Appears in 1 contract

Samples: Security Agreement (Seitel Inc)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper included in the Collateral in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000500,000;

Appears in 1 contract

Samples: Second Amended and Restated Security Agreement (VOXX International Corp)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000200,000;

Appears in 1 contract

Samples: Security Agreement (Platinum Energy Solutions, Inc.)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after written request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000200,000;

Appears in 1 contract

Samples: Security Agreement (THQ Inc)

Chattel Paper. (i) Promptly (and in any event event, to the extent reasonably practicable, within five ten (510) Business Daysdays) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,0001,000,000;

Appears in 1 contract

Samples: Security Agreement (Pregis Holding II CORP)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Administrative Agent, each Grantor shall take all steps reasonably necessary to grant Administrative Agent control of all electronic Chattel Paper in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000500,000;

Appears in 1 contract

Samples: Guaranty and Security Agreement (Northwest Pipe Co)

Chattel Paper. (i) Promptly Each Grantor, promptly upon the request of Agent (and in any no event within five (5) later than 10 Business Days) Days after request by Agentreceiving such request), each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper having a value of $100,000 or more in any one instance or $250,000 or more in the aggregate in accordance with the Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000;

Appears in 1 contract

Samples: Security Agreement (Quest Software Inc)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Administrative Agent, each Grantor shall take all steps reasonably necessary to grant Administrative Agent control of all electronic Chattel Paper in accordance with the Code UCC and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000500,000 individually or $1,000,000 in the aggregate;

Appears in 1 contract

Samples: Security Agreement (Gsi Group Inc)

Chattel Paper. (i) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper in accordance with the Code and all "transferable records" as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper equals or exceeds $250,000;

Appears in 1 contract

Samples: Guaranty and Security Agreement (School Specialty Inc)

Chattel Paper. (ia) Promptly (and in any event within five (5) Business Days) after request by Agent, each Grantor Borrower shall take all steps reasonably necessary to grant Agent control of all electronic Chattel Paper chattel paper in accordance with the Uniform Commercial Code and all “transferable records” as that term is defined in Section 16 of the Uniform Electronic Transaction Act and Section 201 of the federal Electronic Signatures in Global and National Commerce Act as in effect in any relevant jurisdiction, to the extent that the aggregate value or face amount of such electronic Chattel Paper chattel paper equals or exceeds $250,000;500,000.

Appears in 1 contract

Samples: Security Agreement (Empeiria Acquisition Corp)

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