Instruments/Chattel Paper/Pledged Equity/Control Sample Clauses

Instruments/Chattel Paper/Pledged Equity/Control. (i) If any amount in excess of $100,000 payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper, or if any property constituting Collateral shall be stored or shipped subject to a Document, ensure that such Instrument, Tangible Chattel Paper or Document is either in the possession of such Obligor at all times or, if requested by the Administrative Agent to perfect its security interest in such Collateral, is delivered to the Administrative Agent duly endorsed in a manner satisfactory to the Administrative Agent. Such Obligor shall ensure that any Collateral consisting of Tangible Chattel Paper is marked with a legend acceptable to the Administrative Agent indicating the Administrative Agent’s security interest in such Tangible Chattel Paper.
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Instruments/Chattel Paper/Pledged Equity/Control. (i) If any amount in excess of $2,000,000 in any individual instance or $5,000,000 in the aggregate payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper, or if any property constituting Collateral shall be stored or shipped subject to a Document, ensure that such Instrument, Tangible Chattel Paper or Document is either in the possession of such Obligor at all times or, if requested by the Administrative Agent to perfect its security interest in such Collateral, is delivered to the Administrative Agent duly endorsed in a manner reasonably satisfactory to the Administrative Agent. Such Obligor shall ensure that any Collateral consisting of Tangible Chattel Paper is marked with a legend reasonably acceptable to the Administrative Agent indicating the Administrative Agent’s security interest in such Tangible Chattel Paper.
Instruments/Chattel Paper/Pledged Equity/Control. (i) If any amount in excess of $250,000.00 payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper, or if any property constituting Collateral shall be stored or shipped subject to a Document, ensure that such Instrument, Tangible Chattel Paper or Document is either in the possession of such Obligor at all times or, if requested by the Lender to perfect its security interest in such Collateral, is delivered to the Lender duly endorsed in a manner satisfactory to the Lender. Such Obligor shall ensure that any Collateral consisting of Tangible Chattel Paper is marked with a legend acceptable to the Lender indicating the Lender’s security interest in such Tangible Chattel Paper.
Instruments/Chattel Paper/Pledged Equity/Control. (i) If any amount in excess of $2,000,000 in any individual instance or $5,000,000 in the aggregate payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper, or if any property constituting Collateral shall be stored or shipped subject to a Document, ensure that such Instrument, Tangible Chattel Paper or Document is either in the possession of such Obligor at all times or, if requested by the Servicer to perfect its security interest in such Collateral, is delivered to the Servicer duly endorsed in a manner reasonably satisfactory to the Servicer. Such Obligor shall ensure that any Collateral consisting of Tangible Chattel Paper is marked with a legend reasonably acceptable to the Servicer indicating the Servicer’s security interest in such Tangible Chattel Paper.
Instruments/Chattel Paper/Pledged Equity/Control. (i) If any amount payable equal to or in excess of $3,000,000 under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper, or if any property constituting Collateral shall be stored or shipped subject to a Document, ensure that such Instrument, Tangible Chattel Paper or Document is either in the possession of such Obligor at all times or, if requested by the Collateral Agent (or, if the Intercreditor Agreement is then in effect, the Control Agent) to perfect its security interest in such Collateral, is delivered to the Collateral Agent (or, if the Intercreditor Agreement is then in effect, the Control Agent) duly endorsed in a manner satisfactory to the Collateral Agent (or, if the Intercreditor Agreement is then in effect, the Control Agent). Such Obligor shall ensure that any Collateral consisting of Tangible Chattel Paper is marked with a legend acceptable to the Collateral Agent (or, if the Intercreditor Agreement is then in effect, in the case of any Control Collateral, the Control Agent) indicating the security interest of the Collateral Agent (or, if the Intercreditor Agreement is then in effect, the Control Agent) in such Tangible Chattel Paper.
Instruments/Chattel Paper/Pledged Equity/Control. (i) If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument, promissory note or Tangible Chattel Paper, or if any property constituting Collateral shall be stored or shipped subject to a Document or if any such Collateral constitutes Receivables, Grantor shall ensure that such Instrument, promissory note, Tangible Chattel Paper, Document or Receivables is either in the possession of such Grantor at all times or, if requested by the Administrative Agent to perfect its security interest in such Collateral, is delivered to the Administrative Agent duly endorsed in a manner reasonably satisfactory to the Administrative Agent or is delivered to a third-party selected by the Administrative Agent to take possession of such items on behalf of the Administrative Agent or at the request of the Administrative Agent the Grantor shall take any further action required to assign any collateral pledged by any Obligor in respect of their applicable Receivables. At the request of Administrative Agent following an Event of Default, such Grantor shall mxxx any Collateral consisting of Tangible Chattel Paper or Receivables with a legend reasonably acceptable to the Administrative Agent indicating the Administrative Agent’s security interest in such Tangible Chattel Paper or such Receivables, as the case may be. Each Grantor will also deliver to Administrative Agent all security agreements, if any, securing such Instruments or promissory notes and deliver UCC financing statement amendments assigning to Administrative Agent any UCC financing statements filed by such Grantor in connection with such security agreement.
Instruments/Chattel Paper/Pledged Equity/Control. If any amount in excess of $10,000,000 payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper, or if any property constituting Collateral shall be stored or shipped subject to a Document, ensure that such Instrument, Tangible Chattel Paper or Document is either in the possession of such Obligor at all times or, if requested by the Administrative Agent to perfect its security interest in such Collateral, is delivered to the Administrative Agent duly endorsed in a manner satisfactory to the Administrative Agent. Such Obligor shall ensure that any Collateral consisting of Tangible Chattel Paper is marked with a legend acceptable to the Administrative Agent indicating the Administrative Agent’s security interest in such Tangible Chattel Paper. Deliver to the Administrative Agent promptly upon the receipt thereof by or on behalf of an Obligor, all certificates and instruments constituting Pledged Equity. Prior to delivery to the Administrative Agent, all such certificates constituting Pledged Equity shall be held in trust by such Obligor for the benefit of the Administrative Agent pursuant hereto. All such certificates representing Pledged Equity shall be delivered in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, substantially in the form provided in Exhibit 4(a)(ii) hereto. Execute and deliver all agreements, assignments, instruments or other documents as reasonably requested by the Administrative Agent for the purpose of obtaining and maintaining control with respect to any Collateral consisting of (i) Deposit Accounts, (ii) Investment Property, (iii) Letter-of-Credit Rights and (iv) Electronic Chattel Paper.
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Instruments/Chattel Paper/Pledged Equity/Control. (i) If any amount in excess of One-Hundred Fifty Thousand Dollars ($150,000) in any individual instance, or in excess of Three Hundred Thousand Dollars ($300,000) in the aggregate, payable under, or in connection with, any of the Collateral shall be or become evidenced by any Instrument or Tangible Chattel Paper, or if any property constituting Collateral shall be stored or shipped subject to a Document, ensure that such Instrument, Tangible Chattel Paper, or Document is either: (A) in the possession of such Obligor at all times; or (B) if requested by the Administrative Agent to perfect its security interest in such Collateral, is delivered to the Administrative Agent duly endorsed in a manner satisfactory to the Administrative Agent. Such Obligor shall ensure that any Collateral consisting of Tangible Chattel Paper is marked with a legend, acceptable to the Administrative Agent, indicating the Administrative Agent’s security interest in such Tangible Chattel Paper.
Instruments/Chattel Paper/Pledged Equity/Control. (i) If any amount in excess of $1,000,000 payable to any Obligor shall be or become evidenced by any Instrument or Tangible Chattel Paper, or if any property constituting Collateral having a value of more than $1,000,000 shall be stored or shipped subject to a Document, ensure that such Instrument, Tangible Chattel Paper or Document is either in the possession of such Obligor at all times or, if requested by the Secured Party to perfect its security interest in such Collateral, promptly delivered to the Secured Party duly endorsed in a manner reasonably satisfactory to the Secured Party. Such Obligor shall ensure that any Collateral consisting of Tangible Chattel Paper which is required to be delivered to the Secured Party pursuant to this Section 4(a) is marked with a legend reasonably acceptable to the Secured Party indicating the Secured Party’s security interest in such Tangible Chattel Paper.
Instruments/Chattel Paper/Pledged Equity/Control. (i) (A) If any amount in excess of $500,000 payable under or in connection with any of the Collateral of such Obligor shall be or become evidenced by any Instrument or Tangible Chattel Paper (except, in either case, intercompany notes), or if any property constituting Collateral of such Obligor with a value in excess of $500,000 shall be stored or shipped subject to a Document, in either case, ensure that such Instrument, Tangible Chattel Paper or Document is either in the possession of such Obligor at all times or, if requested by the Collateral Agent to perfect its security interest in such Collateral, is delivered to the Collateral Agent duly endorsed in a manner reasonably satisfactory to the Collateral Agent, and (B) ensure that any Collateral of such Obligor consisting of Tangible Chattel Paper is marked with a legend acceptable to the Collateral Agent indicating the Collateral Agent’s security interest in such Tangible Chattel Paper.
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