Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of such Grantor's Collateral shall be or become evidenced by any Instrument or Chattel Paper, such Instrument or Chattel Paper shall be promptly 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 (Telex Communications Inc), And Collateral Agreement (Ev International Inc), And Collateral Agreement (Ev International Inc)
Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of such Grantor's the Collateral shall be or become evidenced by any Instrument or Chattel Paper, such Instrument or Chattel Paper shall be promptly 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 (Cole National Corp /De/), Pledge and Security Agreement (L 3 Communications Holdings Inc), Guarantee and Collateral Agreement (Axiohm Transaction Solutions Inc)
Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of such Grantor's Collateral shall be or become evidenced by any Instrument or Chattel Paper, such Instrument (other than any Cash Equivalents that also constitute an Instrument) or Chattel Paper shall be promptly 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 (Global Decisions Group LLC)
Delivery of Instruments and Chattel Paper. If any amount payable ----------------------------------------- under or in connection with any of such Grantor's the Collateral shall be or become evidenced by any Instrument or Chattel Paper, such Instrument or Chattel Paper shall be promptly delivered to the Administrative Agent, duly indorsed endorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.
Appears in 1 contract
Samples: Security Agreement (Gem Nevada LLC)
Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of such Grantor's Collateral shall be or become evidenced by any Instrument or Chattel Paper, such Instrument or Chattel Paper shall be promptly delivered to the Administrative AgentAgent or the Co-Agents, as the case may be, duly indorsed in a manner satisfactory to to, the Administrative AgentAgent or the Co-Agents, as the case may be, to be held as Collateral pursuant to this Agreement.
Appears in 1 contract
Samples: Guarantee and Collateral Agreement (Telex Communications Inc)
