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

Documents, Instruments, and Chattel Paper. Each Grantor represents and warrants to Agent and the Lenders that (a) all Documents, Instruments, and Chattel Paper describing, evidencing, or constituting Collateral, and all signatures and endorsements thereon, are and will be complete, valid, and genuine, and (b) all goods evidenced by such Documents, Instruments, Letter of Credit Rights and Chattel Paper are and will be owned by such Grantor, free and clear of all Liens other than Permitted Liens. If any Grantor retains possession of any Chattel Paper or Instruments with Agent’s consent, such Chattel Paper and Instruments shall be marked with the following legend: “This instrument or agreement is assigned as collateral to Bank of America, N.A.”

Appears in 3 contracts

Samples: Pledge Agreement (Conns Inc), Security Agreement (Conns Inc), Security Agreement (Conns Inc)

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Documents, Instruments, and Chattel Paper. Each The Grantor represents and warrants to the Agent and the Lenders that (a) all Documents, Instruments, and Chattel Paper describing, evidencing, or constituting Collateral, and all signatures and endorsements thereon, are and will be complete, valid, and genuine, and (b) all goods evidenced by such Documents, Instruments, Letter of Credit Rights and Chattel Paper are and will be owned by such the Grantor, free and clear of all Liens other than Permitted Liens. If any Grantor retains possession of any Chattel Paper or Instruments with Agent’s consent, such Chattel Paper and Instruments shall be marked with the following legend: “This instrument writing and the obligations evidenced or agreement is assigned as collateral served hereby are subject to the security interest of Bank of America, N.A., as Agent, for the benefit of Agent and certain Lenders.

Appears in 2 contracts

Samples: Security Agreement (Spansion Inc.), Security Agreement (Advanced Micro Devices Inc)

Documents, Instruments, and Chattel Paper. Each Grantor represents and warrants to Agent and the Lenders Lender that (a) all of its Documents, Instruments, and Chattel Paper describing, evidencing, or constituting Collateral, and all signatures and endorsements thereon, are and will be complete, valid, and genuine, and (b) all goods evidenced by such Documents, Instruments, Letter of Credit Rights and Chattel Paper are and will be owned by such Grantor, free and clear of all Liens other than Permitted Liens. If any Grantor retains possession of any Chattel Paper or Instruments with AgentLender’s consent, such Chattel Paper and Instruments shall be marked with the following legend: “This instrument writing and the obligations evidenced or agreement is assigned as collateral served hereby are subject to the security interest of Bank of America, N.A., as Lender.

Appears in 1 contract

Samples: Credit Agreement (Remedytemp Inc)

Documents, Instruments, and Chattel Paper. Each Grantor represents and warrants to the Agent and the Lenders that (a) all Documents, Instruments, Contracts and Chattel Paper describing, evidencing, or constituting Collateral, and all signatures and endorsements thereon, are and will be complete, valid, and genuine, and (b) all goods evidenced by such Documents, Instruments, Contracts Letter of Credit Rights and Chattel Paper are and will be owned by such Grantor, free and clear of all Liens other than Permitted Liens. If any Grantor retains possession of any Chattel Paper or Instruments with Agent’s consent, such Chattel Paper and Instruments shall be marked with the following legend: “This instrument or agreement is assigned as collateral subject to a first lien security interest in favor of Bank of America, N.A., as agent, and may not be further assigned.

Appears in 1 contract

Samples: Security Agreement (Americas Carmart Inc)

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Documents, Instruments, and Chattel Paper. Each Grantor represents and warrants to Agent and the Lenders that (a) all Documents, Instruments, and Chattel Paper describing, evidencing, or constituting Collateral, and all signatures and endorsements thereon, are and will be complete, valid, and genuine, and (b) all goods evidenced by such Documents, Instruments, Letter of Credit Rights and Chattel Paper are and will be owned by such Grantor, free and clear of all Liens other than Permitted Liens. If any Grantor retains possession of any Chattel Paper or Instruments with Agent’s consent, such Chattel Paper and Instruments shall be marked with the following legend: “This instrument or agreement is assigned as collateral to Bank of AmericaGA Capital, N.A.LLC.

Appears in 1 contract

Samples: Security Agreement (Conns Inc)

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