Collateral In Possession of Third Parties. To the extent that any Collateral is in the possession of a third party, the Grantor will join with the Secured Parties in notifying the third party of the Secured Parties' security interest and in obtaining an acknowledgement from the third party that it is holding the Collateral for the benefit of the Secured Parties.
Appears in 2 contracts
Samples: General Collateral Security Agreement (Alliance Pharmaceutical Corp), Debenture Imagent Security Agreement (Alliance Pharmaceutical Corp)
Collateral In Possession of Third Parties. To the extent that any Collateral is in the possession of a third party, the Grantor will join with the Secured Parties Collateral Agent in notifying the third party of the security interest in favor of the Collateral Agent (for the benefit of the Secured Parties' security interest ) and in obtaining an acknowledgement from the third party that it is holding the Collateral for the Collateral Agent (for the benefit of the Secured Parties).
Appears in 1 contract
Samples: Security Agreement (Virologic Inc)
Collateral In Possession of Third Parties. To the extent that any Collateral is in the possession of a any third party, the party Grantor will shall join with the Secured Parties Party in notifying the such third party of the Secured Parties' Party’s security interest and in obtaining an acknowledgement from the third party that it is holding the Collateral for the benefit of the Secured Parties.interest. (g)
Appears in 1 contract
Samples: Master Services Agreement
