Common use of Form of Securities Collateral Clause in Contracts

Form of Securities Collateral. If any Securities Collateral is not a security pursuant to Section 8-103 of the UCC, Grantor shall not take any action that, under such Section, converts such Securities Collateral into such a security without causing the issuer thereof to promptly comply with Section 3.1(b).

Appears in 1 contract

Samples: Security Agreement (Applied Optoelectronics, Inc.)

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Form of Securities Collateral. If any Securities Collateral is not a security pursuant to Section 8-103 of the UCC, no Grantor shall not take any action that, under such Section, converts such Securities Collateral into such a security without causing the issuer thereof to issue to it certificates or instruments evidencing such Securities Collateral, which it shall promptly comply with deliver to Collateral Agent as provided in this Section 3.1(b9(a).

Appears in 1 contract

Samples: Security Agreement (Loral Space & Communications Inc.)

Form of Securities Collateral. If any Securities Collateral is not a security pursuant to Section 8-103 of the UCC, no Grantor shall not take any action that, under such Section, converts such Securities Collateral into such a security without causing the issuer thereof to issue to it certificates or instruments evidencing such Securities Collateral, which it shall promptly comply with deliver to Secured Party as provided in this Section 3.1(b9(a).

Appears in 1 contract

Samples: Credit Agreement (Urs Corp /New/)

Form of Securities Collateral. If any Securities Collateral is not a security Security pursuant to Section 8-103 of the UCC, no Grantor shall not take any action that, under such Section, converts such Securities Collateral into such a security Security without causing the issuer thereof to issue to it certificates or instruments evidencing such Securities Collateral, which it shall promptly comply with deliver to Secured Party as provided in Section 3.1(b5(b).

Appears in 1 contract

Samples: Security Agreement (Urs Corp /New/)

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Form of Securities Collateral. If any Securities Collateral is not a security pursuant to Section 8-103 of the UCC, no Grantor shall not take any action that, under such Section, converts such Securities Collateral into such a security without causing the issuer thereof to issue to it certificates or instruments evidencing such Securities Collateral, which it shall promptly comply with Section 3.1(b)deliver to the Secured Party.

Appears in 1 contract

Samples: Security Agreement (Green Plains Renewable Energy, Inc.)

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