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

Delivery of Instruments, Securities, Chattel Paper and Documents. Each Grantor will (a) deliver to Secured Party (or, upon Secured Party’s request, Secured Party’s agent) immediately upon execution of this Security Agreement, the originals of all Chattel Paper, certificated Investment Property and other Instruments constituting Collateral owned by it (if any then exist), (b) hold in trust for Secured Party upon such Grantor’s receipt thereof after the Closing Date and immediately thereafter deliver to Secured Party any such Chattel Paper, certificated Investment Property and Instruments constituting Collateral, (c) upon Secured Party’s request, deliver to Secured Party or its agent (and thereafter hold in trust for Secured Party upon receipt and immediately deliver to Secured Party or its agent) any Document evidencing or constituting Collateral, and (d) upon Secured Party’s request, deliver to Secured Party a duly executed amendment to this Security Agreement, in the form of Annex I hereto (each an “Amendment”), pursuant to which such Grantor will pledge such additional Collateral. Each Grantor hereby authorizes Secured Party 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.

Appears in 1 contract

Samples: Pledge and Security Agreement (SWK Holdings Corp)

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Delivery of Instruments, Securities, Chattel Paper and Documents. Each Grantor will The Debtor will: (a) deliver to the Secured Party (or, upon Secured Party’s request, Secured Party’s agent) immediately upon execution of this Security Agreement, Agreement the originals of all Chattel Paper, certificated Investment Property Securities and other Instruments constituting Collateral owned by it (if any then exist), (b) hold in trust for the Secured Party upon such Grantor’s receipt thereof after the Closing Date and immediately promptly thereafter deliver to the Secured Party any such Chattel Paper, certificated Investment Property Securities and Instruments constituting Collateral, (c) upon the Secured Party’s request, deliver to the Secured Party or its agent (and thereafter hold in trust for the Secured Party upon receipt and immediately promptly deliver to the Secured Party or its agentParty) any Document evidencing or constituting Collateral, and (d) upon the Secured Party’s request, deliver to the Secured Party a duly executed amendment to this Security Agreement, in the form of Annex Exhibit I – Amendment hereto (each an “Amendment), pursuant to which such Grantor the Debtor will pledge such additional Collateral. Each Grantor The Debtor hereby authorizes the Secured Party 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.

Appears in 1 contract

Samples: Security Agreement (Roth CH Acquisition I Co. Parent Corp.)

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Delivery of Instruments, Securities, Chattel Paper and Documents. Each Grantor will If (aand as from time to time) requested by Secured Party, such Pledgor shall (i) deliver to Secured Party (or, upon Secured Party’s request, Secured Party’s agent) immediately upon contemporaneously with the execution and delivery of this Security Agreement, Agreement the originals of all Chattel Paper, certificated Investment Property and other Instruments constituting Collateral owned by it (if any then exist)) or, if applicable, deliver Control thereof pursuant to an agreement in form and substance acceptable to Secured Party, (bii) hold in trust for on behalf of the Secured Party upon such Grantor’s receipt thereof after the Closing Date and immediately thereafter deliver to Secured Party any such additional Chattel Paper, certificated Investment Property and Instruments hereinafter constituting Collateral, (ciii) upon Secured Party’s reasonable request, deliver to Secured Party or its agent (and thereafter hold in trust for Secured Party upon receipt and immediately deliver to Secured Party or its agent) any Document evidencing or constituting Collateral, Collateral and (div) upon Secured Party’s request, deliver to Secured Party a duly executed amendment or supplement to this Security Agreement, in the form of Annex I hereto (each an “Amendment”)and substance reasonably acceptable to Secured Party, pursuant to which such Grantor Pledgor will pledge (or perfect Secured Party's security interest in) such additional Collateral. Each Grantor Such Pledgor hereby authorizes Secured Party to attach each Amendment to this Security Agreement and agrees that all additional Collateral owned by it set forth in such Amendments amendment or supplement shall be considered to be part of the Collateral. Nothing contained in this clause (j) shall be construed to limit the generality of the provisions of Section 1(c)(ii) hereof.

Appears in 1 contract

Samples: Security Agreement (Desert Hawk Gold Corp.)

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