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, such Instrument or Tangible Chattel Paper shall be immediately delivered to the Administrative Agent, duly endorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

Appears in 19 contracts

Samples: Guaranty and Collateral Agreement (Starboard Resources, Inc.), Guarantee and Collateral Agreement (Rosetta Resources Inc.), Term Loan Agreement Guarantee and Collateral Agreement (Petrohawk Energy Corp)

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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 PaperPaper having a value in excess of $1,000,000, such Instrument or Tangible Chattel Paper shall be immediately delivered to the Administrative Agent, duly endorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

Appears in 3 contracts

Samples: Collateral Agreement (Exterran Partners, L.P.), Collateral Agreement (Universal Compression Partners, L.P.), Collateral Agreement (Universal Compression 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 PaperPaper (other than in each case Excluded Perfection Assets), such Instrument or Tangible Chattel Paper shall be immediately delivered to the Administrative Collateral Agent, duly endorsed in a manner satisfactory to the Administrative Collateral Agent, to be held as Collateral pursuant to this Agreement.

Appears in 2 contracts

Samples: Collateral Agreement (Jones Energy, Inc.), Collateral Agreement (Jones Energy, 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, such Instrument or Tangible Chattel Paper shall be immediately delivered to the First Lien Administrative Agent, as bailee for the Administrative Agent, duly endorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Kodiak Oil & Gas Corp), Guarantee and Collateral Agreement (Kodiak Oil & Gas Corp)

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, such Instrument or Tangible Chattel Paper shall be immediately promptly delivered to the Administrative Agent, 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 Pledge Agreement (Us Energy Corp), Guaranty and Pledge Agreement (APEG Energy II, 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, such Instrument or Tangible Chattel Paper shall be immediately delivered to the Administrative AgentCollateral Trustee (or to the Priority Lien Agent or Second Lien Collateral Trustee, as applicable, pursuant to the terms of the Intercreditor Agreement), duly endorsed in a manner satisfactory to the Administrative AgentCollateral Trustee, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Third Lien Security Agreement (Halcon Resources Corp)

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 PaperPaper (other than in each case Excluded Perfection Assets), such Instrument or Tangible Chattel Paper shall be immediately delivered to the Administrative Agent, duly endorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Jones Energy, 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, such Instrument or Tangible Chattel Paper shall be immediately delivered to the Administrative AgentCollateral Agent (or pursuant to the First Lien Agent pursuant to the terms of the Intercreditor Agreement), duly endorsed in a manner satisfactory to the Administrative Collateral Agent, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Purchase Agreement (Goodrich Petroleum Corp)

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 PaperPaper having a value in excess of $5,000,000, such Instrument or Tangible Chattel Paper shall be immediately delivered to the Administrative Agent, duly endorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Collateral Agreement (Exterran 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 PaperPaper with face amount in excess of $5,000,000, such Instrument or Tangible Chattel Paper shall be immediately delivered to the Administrative Agent, 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 (Key Energy Services 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, such Instrument or Tangible Chattel Paper shall be immediately delivered to the Administrative AgentCollateral Trustee (or to the Priority Lien Collateral Agent pursuant to the terms of the Intercreditor Agreement), duly endorsed in a manner satisfactory to the Administrative AgentCollateral Trustee, to be held as Collateral pursuant to this Agreement.

Appears in 1 contract

Samples: Assumption Agreement (Halcon Resources Corp)

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