Common use of Delivery of Instruments, Securities, Chattel Paper and Documents Clause in Contracts

Delivery of Instruments, Securities, Chattel Paper and Documents. As to all Chattel Paper and Instruments constituting part of the Collateral, the Grantor will (a) deliver to the Subordinated Collateral Agent immediately upon execution of this Security Agreement the originals of all Chattel Paper, Securities (other than the Bluestem SPV Stock, while the Intercreditor Agreement and the SPV Credit Documents are in effect) and Instruments constituting Collateral (if any then exist), (b) hold in trust for the Subordinated Collateral Agent upon receipt and immediately thereafter deliver to the Subordinated Collateral Agent any Chattel Paper, Securities (other than the Bluestem SPV Stock, while the Intercreditor Agreement and the SPV Credit Documents are in effect) and Instruments constituting Collateral, and (c) upon the Subordinated Collateral Agent’s request, deliver to the Subordinated Collateral Agent (and thereafter hold in trust for the Subordinated Collateral Agent upon receipt and immediately deliver to the Subordinated Collateral Agent) any Document evidencing or constituting Collateral. The Grantor hereby authorizes the Subordinated Collateral Agent to attach each Amendment to this Security Agreement and agrees that all additional Collateral set forth in such Amendments shall be considered to be part of the Collateral.

Delivery of Instruments, Securities, Chattel Paper and Documents. As to all Chattel Paper and Instruments constituting part of the Collateral, the Grantor will (a) deliver to the Subordinated Collateral Agent immediately upon execution of this Security Agreement the originals of all Chattel Paper, Securities (other than the Bluestem Fingerhut SPV Stock, while the Intercreditor Intel-creditor Agreement and the SPV Credit Documents are in effect) and Instruments constituting Collateral (if any then exist), (b) hold in trust for the Subordinated Collateral Agent upon receipt and immediately thereafter deliver to the Subordinated Collateral Agent any Chattel Paper, Securities (other than the Bluestem Fingerhut SPV Stock, while the Intercreditor Agreement and the SPV Credit Documents are in effect) and Instruments constituting Collateral, and (c) upon the Subordinated Collateral Agent’s request, deliver to the Subordinated Collateral Agent (and thereafter hold in trust for the Subordinated Collateral Agent upon receipt and immediately deliver to the Subordinated Collateral Agent) any Document evidencing or constituting Collateral. The Grantor hereby authorizes the Subordinated Collateral Agent to attach each Amendment to this Security Agreement and agrees that all additional Collateral set forth in such Amendments shall be considered to be part of the Collateral.

Delivery of Instruments, Securities, Chattel Paper and Documents. As to all Chattel Paper and Instruments constituting part of the Collateral, the Grantor will (a) deliver to the Subordinated Collateral Agent immediately upon execution of this Security Agreement the originals of all Chattel Paper, Securities (other than the Bluestem SPV Stock, while the Intercreditor Agreement and the SPV Credit Documents are in effect) and Instruments constituting Collateral (if any then exist), (b) hold in trust for the Subordinated Collateral Agent upon receipt and immediately thereafter deliver to the Subordinated Collateral Agent any Chattel Paper, Securities (other than the Bluestem SPV Stock, while the Intercreditor Agreement and the SPV Credit Documents are in effect) and Instruments constituting Collateral, and (c) upon the Subordinated Collateral Agent’s request, deliver to the Subordinated Collateral Agent (and thereafter hold in trust for the Subordinated Collateral Agent upon receipt and immediately deliver to the Subordinated Collateral Agent) any Document evidencing or constituting Collateral. The Grantor hereby authorizes the Subordinated Collateral Agent to attach each Amendment to this Security Agreement and agrees that all additional Collateral set forth in such Amendments shall be considered to be part of the Collateral.

Delivery of Instruments, Securities, Chattel Paper and Documents. As to all Chattel Paper and Instruments constituting part of the Collateral, the Such Grantor will (a) deliver to the Subordinated Collateral Agent immediately upon execution of this Security Agreement the originals of all Chattel PaperPaper (except for the Distribution and Manufacturing Services Agreement between Grantors and Sanquin, dated as of January 16, 2004 as amended), Securities (other than to the Bluestem SPV Stock, while the Intercreditor Agreement and the SPV Credit Documents are in effectextent certificated) and Instruments constituting Collateral owned by it (if any then exist), (b) hold in trust for the Subordinated Collateral Agent upon receipt and immediately thereafter deliver to the Subordinated Collateral Agent any such Chattel Paper, Securities (other than the Bluestem SPV Stock, while the Intercreditor Agreement and the SPV Credit Documents are in effect) and Instruments constituting Collateral, and (c) upon the Subordinated Collateral Agent’s request, deliver to the Subordinated Collateral Agent (and thereafter hold in trust for the Subordinated Collateral Agent upon receipt and immediately deliver to the Subordinated Collateral Agent) any Document evidencing or constituting Collateral and (d) upon the Collateral Agent’s request, deliver to the Collateral Agent a duly executed amendment to this Security Agreement, in the form of Exhibit I hereto (the “Amendment”), pursuant to which such Grantor will pledge such additional Collateral. The Such Grantor hereby authorizes the Subordinated Collateral Agent to attach each Amendment to this Security Agreement and agrees that all additional Collateral owned by it set forth in such Amendments shall be considered to be part of the Collateral.