Common use of Instruments and Tangible Chattel Paper Clause in Contracts

Instruments and Tangible Chattel Paper. Without limiting each Grantor’s obligations under Article III, if any Grantor shall at any time hold or acquire any Instruments or Tangible Chattel Paper in excess of $2,500,000 and which constitutes Collateral, such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Agent may from time to time reasonably request.

Appears in 4 contracts

Samples: Credit Agreement (YETI Holdings, Inc.), Credit Agreement (YETI Holdings, Inc.), Credit Agreement (YETI Holdings, Inc.)

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Instruments and Tangible Chattel Paper. Without limiting each Grantor’s obligations under Article III, if If any Grantor shall at any time hold or acquire any Instruments or Tangible Chattel Paper that have a value, individually, in excess of $2,500,000 and which constitutes Collateral2,000,000, such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Collateral Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Collateral Agent may from time to time reasonably requestspecify.

Appears in 4 contracts

Samples: Lease Agreement (Compass Minerals International Inc), Lease Agreement (Compass Minerals International Inc), Collateral and Guaranty Agreement (Compass Minerals International Inc)

Instruments and Tangible Chattel Paper. Without limiting each Grantor’s obligations under Article III, if If any Grantor shall at any time hold or acquire any Instruments or Tangible Chattel Paper with a fair market value in excess of $2,500,000 and which constitutes Collateral50,000, such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Agent may from time to time reasonably requestspecify.

Appears in 3 contracts

Samples: Security Agreement (Jupitermedia Corp), Security Agreement (Jupitermedia Corp), Security Agreement (Jupitermedia Corp)

Instruments and Tangible Chattel Paper. Without limiting each Grantor’s obligations under Article III, if If any Grantor shall at any time hold or acquire any Instruments or Tangible Chattel Paper having a value in excess of $2,500,000 and which constitutes Collateral10,000, such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Collateral Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Collateral Agent may from time to time reasonably request.

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Dennys Corp), Guarantee and Collateral Agreement (Dennys Corp), Credit Agreement (Dennys Corp)

Instruments and Tangible Chattel Paper. Without limiting each Grantor’s obligations under Article III, if If any Grantor shall at any time hold or acquire any Instruments required to be delivered hereunder (other than any instrument with a face amount of less than $25,000,000 and checks to be deposited in the ordinary course of business) or Tangible Chattel Paper in excess of $2,500,000 and which constitutes CollateralPaper, such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Notes Collateral Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Notes Collateral Agent may from time to time reasonably request.

Appears in 2 contracts

Samples: Intercreditor Agreement (Arconic Rolled Products Corp), Intercreditor Agreement (Arconic Inc.)

Instruments and Tangible Chattel Paper. Without limiting each Grantor’s obligations under Article III, if If any Grantor shall at any time hold or acquire any Instruments or Tangible Chattel Paper (other than such Instruments or Tangible Chattel Paper held in excess the ordinary course of such Grantor’s business and in an aggregate amount not exceeding $2,500,000 and which constitutes Collateral100,000), such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Collateral Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Collateral Agent may from time to time reasonably requestspecify.

Appears in 2 contracts

Samples: Security Agreement (Advance Auto Parts Inc), Security Agreement (Advance Auto Parts Inc)

Instruments and Tangible Chattel Paper. Without limiting each Grantor’s obligations under Article III, if If any Grantor shall at any time hold or acquire any Instruments or Tangible Chattel Paper with a value in excess of $2,500,000 and which constitutes Collateral1,000,000 (other than checks to be deposited in the ordinary course of business), such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Collateral Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Collateral Agent may from time to time reasonably requestspecify.

Appears in 2 contracts

Samples: Guarantee and Pledge Agreement (Cb Richard Ellis Group Inc), Guarantee and Pledge Agreement (Cb Richard Ellis Group Inc)

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Instruments and Tangible Chattel Paper. Without limiting each Grantor’s obligations under Article III, if If any Grantor shall at any time hold or acquire any Instruments or Tangible Chattel Paper with a value in excess of $2,500,000 and which constitutes Collateral500,000, such Grantor shall forthwith promptly endorse, assign and deliver the same to the Administrative Collateral Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Collateral Agent may from time to time reasonably request.

Appears in 2 contracts

Samples: Credit Agreement (Trimas Corp), Credit Agreement (Trimas Corp)

Instruments and Tangible Chattel Paper. Without limiting each Grantor’s obligations under Article III, if If any Grantor shall at any time hold or acquire any Instruments or Tangible Chattel Paper evidencing an amount in excess of U.S. $2,500,000 and which constitutes Collateral5.0 million, such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Collateral Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Collateral Agent may from time to time reasonably request.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Crestwood Midstream Partners LP), Guarantee and Collateral Agreement (Crestwood Midstream Partners LP)

Instruments and Tangible Chattel Paper. Without limiting each Grantor’s obligations under Article III, if If any Grantor shall at any time hold or acquire any Instruments (other than checks received and processed in the ordinary course of business) or Tangible Chattel Paper evidencing an amount in excess of $2,500,000 and which constitutes Collateral25.0 million, such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Collateral Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Collateral Agent may from time to time reasonably request.

Appears in 1 contract

Samples: Credit Agreement (Norwegian Cruise Line Holdings Ltd.)

Instruments and Tangible Chattel Paper. Without limiting each Grantor’s obligations under Article III, if If any Grantor shall at -------------------------------------- any time hold or acquire any Instruments or Tangible Chattel Paper that have a value, individually, in excess of $2,500,000 and which constitutes Collateral250,000 or, in the aggregate for all Grantors, in excess of $2,000,000 (but only to the extent of such excess), such Grantor shall forthwith endorse, assign and deliver the same to the Administrative Collateral Agent, accompanied by such instruments of transfer or assignment duly executed in blank as the Administrative Collateral Agent may from time to time reasonably requestspecify.

Appears in 1 contract

Samples: Collateral and Guaranty Agreement (GSL Corp)

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