Common use of Instruments and Tangible Chattel Paper Clause in Contracts

Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 or more, each such Instrument or Tangible Chattel Paper, shall be delivered to the Administrative Agent as soon as practicable, duly endorsed in a manner satisfactory to the Administrative Agent to be held as Collateral pursuant to this Agreement.

Appears in 3 contracts

Samples: Guaranty and Security Agreement (Tessco Technologies Inc), Guaranty and Security Agreement (Dakota Plains Holdings, Inc.), Security Agreement (Health Management Associates Inc)

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Instruments and Tangible Chattel Paper. If any amount payable in excess of $100,000 under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 or morePaper, each such Instrument or Tangible Chattel Paper, Paper shall be delivered to the Administrative Agent as soon as practicablepromptly upon request, duly endorsed in a manner reasonably satisfactory to the Administrative Agent Agent, to be held as Collateral pursuant to this Agreement.

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Sundance Energy Australia LTD), Guarantee and Collateral Agreement (Sundance Energy Australia LTD), Guarantee and Collateral Agreement (Sundance Energy Australia LTD)

Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument (other than checks received in the ordinary course of business) or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 250,000 or more, each such Instrument or Tangible Chattel Paper, shall be delivered to the Administrative Agent as soon as practicable, duly endorsed in a manner reasonably satisfactory to the Administrative Agent to be held as Collateral pursuant to this Agreement.

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Landmark Infrastructure Partners LP), Guaranty and Security Agreement

Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any an Instrument or Tangible Chattel Paper and the value of such Instruments and Instrument or Tangible Chattel Paper in the aggregate is $100,000 250,000 or more, each such Instrument or Tangible Chattel Paper, shall be delivered to the Administrative Agent as soon as practicable, duly endorsed in a manner satisfactory to the Administrative Agent to be held as Collateral pursuant to this Agreement.

Appears in 2 contracts

Samples: Guaranty and Security Agreement (RadNet, Inc.), Guaranty and Security Agreement (RadNet, Inc.)

Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 or more, each such Instrument or Tangible Chattel Paper, shall be delivered to the Administrative Agent as soon as practicable, duly endorsed in a manner reasonably satisfactory to the Administrative Agent to be held as Collateral pursuant to this Agreement.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Fox Factory Holding Corp), Revolving Credit Agreement (Fox Factory Holding Corp)

Instruments and Tangible Chattel Paper. If any amounts payable in excess of an aggregate amount payable of $500,000 under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 or morePaper, each such Instrument or Tangible Chattel Paper, Paper shall be delivered to the Administrative Agent as soon as practicablewithin ten (10) Business Days, duly endorsed indorsed in a manner satisfactory to the Administrative Agent Agent, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (MorningStar Partners, L.P.)

Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 or more, each such Instrument or Tangible Chattel Paper, shall be delivered to the Administrative Security Agent as soon as practicable, duly endorsed in a manner satisfactory to the Administrative Security Agent to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Seller Guaranty and Security Agreement (Dakota Plains Holdings, Inc.)

Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 1,000,000 or more, each such Instrument or Tangible Chattel Paper, Paper shall be delivered to the Administrative Collateral Agent (or, in accordance with Section 10.20, to the First Lien Collateral Agent) as soon as practicable, duly endorsed in a manner reasonably satisfactory to the Administrative Collateral Agent and the Required Purchasers to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Second Lien Guaranty and Security Agreement (BioScrip, Inc.)

Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 1,000,000 or more, each such Instrument or Tangible Chattel Paper, Paper shall be delivered to the Administrative Collateral Agent as soon as practicable, duly endorsed in a manner reasonably satisfactory to the Administrative Collateral Agent and the Required Purchasers to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: First Lien Guaranty and Security Agreement (BioScrip, Inc.)

Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 500,000 or more, each such Instrument or Tangible Chattel Paper, shall be delivered to the Administrative Agent as soon as practicable, duly endorsed in a manner satisfactory to the Administrative Agent to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (LendingTree, Inc.)

Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument (other than checks received in the ordinary course of business) or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 or more, each such Instrument or Tangible Chattel Paper, shall be delivered to the Administrative Agent as soon as practicable, duly endorsed in a manner reasonably satisfactory to the Administrative Agent to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Term Loan Agreement (Root, Inc.)

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Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper with a stated principal amount equal to at least $1,000,000, either individually or in the aggregate is $100,000 or moreaggregate, each such Instrument or Tangible Chattel Paper, then the Grantor shall be delivered immediately deliver to the Administrative Agent as soon as practicableAgent, duly endorsed in a manner satisfactory to the Administrative Agent Agent, any such Instrument and/or Tangible Chattel Paper with a stated principal balance in a relevant amount to be held as Collateral pursuant to this AgreementAgreement so that, immediately following any such delivery, the aggregate stated principal balance of all such Instruments and Tangible Chattel Paper that have not been so delivered to the Administrative Agent is less than $1,000,000 in the aggregate.

Appears in 1 contract

Samples: Collateral Agreement (Western Gas Equity Partners, LP)

Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 or morePaper, each such Instrument or Tangible Chattel Paper, Paper shall be delivered promptly to the Administrative Agent as soon as practicableAgent, duly endorsed in a manner reasonably satisfactory to the Administrative Agent Agent, to be held as Collateral pursuant to this AgreementAgreement (provided that such Grantor shall not be required to deliver such Instrument or Tangible Chattel Paper to the Administrative Agent the extent the original principal amount thereof is equal to or less than $1,000,000).

Appears in 1 contract

Samples: Option Agreement And

Instruments and Tangible Chattel Paper. If any amounts payable in excess of an aggregate amount payable of $2,000,000 under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 or morePaper, each such Instrument or Tangible Chattel Paper, Paper shall be delivered to the Administrative Agent as soon as practicablewithin ten (10) Business Days, duly endorsed indorsed in a manner satisfactory to the Administrative Agent Agent, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (EV Energy Partners, LP)

Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is outstanding or stated amount of greater than $100,000 200,000 individually or more$1,000,000 in the aggregate, each such Instrument or Tangible Chattel Paper, Paper shall be promptly, but in any event within 3 Business Days, delivered to the Administrative Agent as soon as practicableAgent, duly endorsed in a manner satisfactory to the Administrative Agent Requisite Holders, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (Energy & Exploration Partners, Inc.)

Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 750,000 or more, each such Instrument or Tangible Chattel Paper, shall be delivered to the Administrative Agent as soon as practicable, duly endorsed in a manner reasonably satisfactory to the Administrative Agent to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Amneal Pharmaceuticals, Inc.)

Instruments and Tangible Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper and the value of such Instruments and Tangible Chattel Paper in the aggregate is $100,000 1,000,000 or more, each such Instrument or Tangible Chattel Paper, shall be delivered to the Administrative Agent as soon as practicable, duly endorsed in a manner reasonably satisfactory to the Administrative Agent to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Guaranty and Security Agreement (BioScrip, Inc.)

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