Common use of Collateral Notes Clause in Contracts

Collateral Notes. Borrower will take such action as may be reasonably requested by Credit Union in order to cause all Collateral Notes to be valid and enforceable and will cause all Collateral Notes to have only one original counterpart. Upon written request, Borrower will deliver to Credit Union or its agent all Collateral Notes. Borrower will not deliver possession of such Collateral to any other Person and upon written request from Credit Union, will m▇▇▇ each Collateral Notes with a legend indicating that such Collateral Note is subject to the security interest granted hereunder. So long as Borrower complies with the Required MCR and is otherwise in compliance with the Agreement, Borrower may sell Collateral Notes in whole or in part, whether by participation or otherwise. 

Collateral Notes. Borrower Debtor will take such action as may be reasonably requested by Credit Union Lender in order to cause all Collateral Notes to be valid and enforceable and will cause all Collateral Notes to have only one original counterpart. Upon written request, Borrower Debtor will deliver to Credit Union Lender or its agent all Collateral Notes. Borrower Debtor will not deliver possession of such Collateral to any other Person and upon written request from Credit UnionLender, will m▇▇▇▇ each Collateral Notes with a legend indicating that such Collateral Note is subject to the security interest granted hereunder. So long as Borrower Debtor complies with the Required MCR and is otherwise in compliance with the Agreement, Borrower Debtor may sell Collateral Notes in whole or in part, whether by participation or otherwise. .

Collateral Notes. Borrower Debtor will take such action as may be reasonably requested by Credit Union Lender in order to cause all Collateral Notes to be valid and enforceable and will cause all Collateral Notes to have only one original counterpart. Upon written request, Borrower Debtor will deliver to Credit Union Lender or its agent all Collateral Notes. Borrower Debtor will not deliver possession of such Collateral to any other Person and upon written request from Credit UnionLender, will m▇▇▇▇ each Collateral Notes with a legend indicating that such Collateral Note is subject to the security interest granted hereunder. So long as Borrower Debtor complies with the Required MCR and the Required Combined MCR and is otherwise in compliance with the Agreement, Borrower Debtor may sell Collateral Notes in whole or in part, whether by participation or otherwise. .

Collateral Notes. Borrower will take such action as may be reasonably requested by Credit Union in order to cause all Collateral Notes to be valid and enforceable and will cause all Collateral Notes to have only one original counterpart. Upon written request, Borrower will deliver to Credit Union or its agent all Collateral Notes. Borrower will not deliver possession of such Collateral to any other Person and upon written request from Credit Union, will m▇▇▇▇ each Collateral Notes with a legend indicating that such Collateral Note is subject to the security interest granted hereunder. So long as Borrower complies with the Required MCR and is otherwise in compliance with the Agreement, Borrower may sell Collateral Notes in whole or in part, whether by participation or otherwise. .