Common use of Delivery of Instruments and Chattel Paper Clause in Contracts

Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Certificated Security or Chattel Paper in an amount exceeding $1,000,000, such Instrument, Certificated Security or Chattel Paper shall be immediately delivered to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

Appears in 4 contracts

Samples: Guarantee and Collateral Agreement (Sba Communications Corp), Guarantee and Collateral Agreement (Sba Communications Corp), Guarantee and Collateral Agreement (Sba Communications Corp)

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Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral in excess of $1,000,000 shall be or become evidenced by any Instrument, Certificated Security or Chattel Paper in an amount exceeding $1,000,000Paper, such Instrument, Certificated Security (unless such Certificated Security is in a Securities Account subject to a Control Agreement) or Chattel Paper shall be immediately delivered to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Nbty Inc), Guarantee and Collateral Agreement (Nbty Inc), Guarantee and Collateral Agreement (Nbty Inc)

Delivery of Instruments and Chattel Paper. If any amount in excess of $100,000 payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Certificated Security or Chattel Paper in an amount exceeding $1,000,000Paper, such Instrument, Certificated Security or Chattel Paper shall be immediately promptly delivered to the Administrative Agent, duly indorsed in a manner reasonably satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

Appears in 3 contracts

Samples: Assumption Agreement (Scientific Games Corp), Guarantee and Collateral Agreement (Scientific Games Corp), Guarantee and Collateral Agreement (Scientific Games Corp)

Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Certificated Security Instrument or Chattel Paper having a value in an amount exceeding excess of $1,000,000100,000 in the aggregate, such Instrument, Certificated Security Instrument or Chattel Paper shall be immediately delivered to the Administrative Collateral Agent, duly indorsed in a manner satisfactory to the Administrative Collateral Agent, to be held as Collateral pursuant to this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Doane Pet Care Co), Credit Agreement (Doane Pet Care Co)

Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral in excess of $1,000,000 shall be or become evidenced by any Instrument, Certificated Security Instrument or Chattel Paper in an amount exceeding $1,000,000Paper, such Instrument, Certificated Security Instrument or Chattel Paper shall be immediately delivered to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

Appears in 2 contracts

Samples: Credit and Guarantee Agreement (Nbty Inc), Guarantee and Collateral Agreement (Nbty Inc)

Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Certificated Security Instrument or Chattel Paper in an amount exceeding excess of $1,000,000, such Instrument, Certificated Security Instrument or Chattel Paper shall be immediately delivered to the Administrative Collateral Agent, duly indorsed in a manner reasonably satisfactory to the Administrative Collateral Agent, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Viasystems Inc)

Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Certificated Security Instrument in excess of $500,000 or any Chattel Paper in an amount exceeding $1,000,000Paper, such Instrument, Certificated Security Instrument or Chattel Paper shall be immediately delivered to the Administrative Agent, duly indorsed in a manner reasonably satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement, except, with respect to Chattel Paper owned by Triad Financial, as permitted by Sections 7.9 and 7.10 of the Credit Agreement.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Cooperative Computing Inc /De/)

Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Certificated Security Instrument or Chattel Paper in an amount exceeding in excess of $1,000,000500,000 (or in excess of $1,000,000 in the aggregate for all such Instruments and Chattel Paper), such Instrument, Certificated Security Instrument or Chattel Paper shall be immediately delivered to the Administrative Collateral Agent, duly indorsed in a manner reasonably satisfactory to the Administrative Collateral Agent, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Master Guarantee and Collateral Agreement (Key Energy Group Inc)

Delivery of Instruments and Chattel Paper. If any amount in excess of $1,000,000 payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Certificated Security or Chattel Paper in an amount exceeding $1,000,000Paper, such Instrument, Certificated Security or Chattel Paper shall be immediately promptly delivered to the Administrative Agent, duly indorsed in a manner reasonably satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Scientific Games Corp)

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Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Certificated Security or Chattel Paper in an amount exceeding $1,000,000Paper, such Instrument, Certificated Security or Chattel Paper shall be immediately delivered to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement, except each Grantor shall not be required to so deliver Instruments and Chattel Paper to the extent the amounts payable with respect thereto do not exceed $250,000.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Avery Berkel Holdings LTD)

Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Certificated Security or Chattel Paper in an amount exceeding $1,000,000Paper, such Instrument, Certificated Security or Chattel Paper shall be immediately delivered to the Administrative Collateral Agent, duly indorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Collateral Agreement (Sirius Satellite Radio Inc)

Delivery of Instruments and Chattel Paper. If any material amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Certificated Security or Chattel Paper in an amount exceeding $1,000,000Paper, such Instrument, Certificated Security or Chattel Paper shall be immediately delivered to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Tesoro Petroleum Corp /New/)

Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Certificated Security or Chattel Paper in an amount exceeding in excess of $1,000,000500,000 (or in excess of $1,000,000 in the aggregate for all such Instruments and Chattel Paper), such Instrument, Certificated Security Instrument or Chattel Paper shall be immediately delivered to the Administrative Collateral Agent, duly indorsed in a manner reasonably satisfactory to the Administrative Collateral Agent, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Master Guarantee and Collateral Agreement (Key Energy Group Inc)

Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, Certificated Security or Chattel Paper in an amount exceeding $1,000,000Paper, such Instrument, Certificated Security or Chattel Paper shall be immediately delivered to the General Administrative Agent, duly indorsed in a manner satisfactory to the General Administrative Agent, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (SMTC Corp)

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