Common use of Instruments Clause in Contracts

Instruments. If any Assignor owns or acquires any Instrument in excess of $500,000 constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreement), such Assignor will within 30 days notify the Collateral Agent thereof in writing, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral Agent.

Appears in 6 contracts

Samples: Security Agreement (CURO Group Holdings Corp.), Security Agreement (CURO Group Holdings Corp.), Security Agreement (CURO Group Holdings Corp.)

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Instruments. If any Assignor owns or acquires any Instrument in excess with a value of $500,000 50,000 or more constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreementbusiness), such Assignor will within 30 days 10 Business Days notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral AgentAgent as further security hereunder.

Appears in 3 contracts

Samples: Security Agreement (Infousa Inc), Security Agreement (Infousa Inc), Security Agreement (Infousa Inc)

Instruments. If any Assignor owns or acquires any Instrument in excess of $500,000 3,000,000 or more constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreement), such Assignor will within 30 days thereafter notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral Agent.

Appears in 2 contracts

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

Instruments. If any Assignor owns or acquires any Instrument in excess of $500,000 constituting Collateral (other than (xa) checks and other payment instruments received and collected in the ordinary course of business and (yb) any Instrument subject to pledge pursuant to the Pledge Agreement), such Assignor will within 30 days 10 Business Days notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral Agent.

Appears in 2 contracts

Samples: Security Agreement (PAETEC Holding Corp.), Security Agreement (PAETEC Holding Corp.)

Instruments. If any Assignor owns or acquires any Instrument in excess of $500,000 750,000 constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreementbusiness), such Assignor will within 30 days Business Days notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral Agent.

Appears in 2 contracts

Samples: Security Agreement (Dominos Inc), Security Agreement (Dominos Inc)

Instruments. If any Assignor owns or acquires any Instrument in excess of $500,000 1,000,000 constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreement), such Assignor will within 30 days 10 Business Days notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral AgentAgent as further security hereunder.

Appears in 2 contracts

Samples: Security Agreement (Town Sports International Holdings Inc), Security Agreement (Town Sports International Holdings Inc)

Instruments. If any Assignor owns or acquires any Instrument constituting Collateral evidencing an individual amount in excess of $500,000 constituting Collateral 1,000,000 (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the U.S. Pledge Agreement), such Assignor will within 30 days 10 Business Days notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will promptly deliver such Instrument Instrument(s) to the Collateral Agent appropriately endorsed to the order of the Collateral Agent.

Appears in 2 contracts

Samples: S. Security Agreement (Cooper-Standard Holdings Inc.), Security Agreement (Westborn Service Center, Inc.)

Instruments. If any Assignor owns or acquires any Instrument constituting Collateral with a principal amount in excess of $500,000 constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreementbusiness), such Assignor will promptly (and in any event within 30 days notify the Collateral Agent thereof in writing, and upon days) following written request by the Collateral Agent notify the Collateral Agent thereof, and if an Event of Default has occurred and is continuing, upon written request by the Collateral Agent, will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral Agent.

Appears in 2 contracts

Samples: Collateral and Guaranty Agreement (Pennymac Financial Services, Inc.), Collateral and Guaranty Agreement (Pennymac Financial Services, Inc.)

Instruments. If any Assignor owns or acquires any Instrument in excess of $500,000 constituting Collateral (other than (xa) checks and other payment instruments received and collected in the ordinary course of business and (yb) any Instrument subject to pledge pursuant to the Pledge AgreementInstruments with a face amount of $5,000,000 or less), such Assignor will within 30 days 10 Business Days notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral AgentAgent as further security hereunder.

Appears in 2 contracts

Samples: Security Agreement (Manitowoc Foodservice, Inc.), Security Agreement (Manitowoc Foodservice, Inc.)

Instruments. If any Assignor owns or acquires any Instrument in excess of $500,000 constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreementbusiness), such Assignor will within 30 days 7 Business Days thereafter notify the Collateral Agent thereof in writingand the Administrative Agent thereof, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral AgentAgent as further security hereunder.

Appears in 1 contract

Samples: Security Agreement (STG Group, Inc.)

Instruments. If any Assignor owns or acquires any Instrument in excess with a value of $500,000 250,000 or more constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreement), such Assignor will within 30 days 10 Business Days notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will will, subject to the Intercreditor Agreement, promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral Agent.

Appears in 1 contract

Samples: Intercreditor Agreement (Southeastern Grocers, LLC)

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Instruments. If any Assignor owns or acquires any Instrument in excess of $500,000 constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreement)Intercompany Note, such Assignor will within 30 days 10 Business Days notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral Agent.

Appears in 1 contract

Samples: Security Agreement (Lee Enterprises, Inc)

Instruments. If any Assignor owns or acquires any Instrument which is an Intercompany Note or any other Instrument with a principal amount in excess of $500,000 250,000 constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreementbusiness), such Assignor will within 30 days 10 Business Days thereafter notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral Agent.

Appears in 1 contract

Samples: Security Agreement (Davis-Standard CORP)

Instruments. If any Assignor owns or acquires any Instrument in excess of $500,000 1,000,000 constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreement), such Assignor will within 30 days 10 Business Days (or such longer period as shall be acceptable to the Collateral Agent in its sole discretion) notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral AgentAgent as further security hereunder.

Appears in 1 contract

Samples: Security Agreement (Town Sports International Holdings Inc)

Instruments. If any Assignor owns or acquires any Instrument (other than Instruments not required to be delivered to the Pledgee under Section 2 of the Pledge Agreement) constituting Collateral which is in the principal amount in excess of $500,000 constituting Collateral (other than (x) checks and other payment instruments received and collected 25,000 individually or $100,000 in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreement)aggregate, such Assignor will within 30 days 10 Business Days notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral AgentAgent as further security hereunder.

Appears in 1 contract

Samples: Security Agreement (Howmet Corp /New/)

Instruments. If any Assignor owns or acquires any Instrument in excess of $500,000 5,000,000 or more constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreementbusiness), such Assignor will within 30 days thereafter notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral Agent.

Appears in 1 contract

Samples: Security Agreement (Tesla Motors Inc)

Instruments. If any Assignor owns or acquires any Instrument in excess of $500,000 constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge AgreementNote), such Assignor will within 30 days 10 Business Days notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent and subject to the applicable Intercreditor Agreements, will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral Agent.

Appears in 1 contract

Samples: First Lien Guarantee and Collateral Agreement (Lee Enterprises, Inc)

Instruments. If any Assignor owns or acquires any Instrument in excess of $500,000 constituting Collateral (other than (x) checks and other payment instruments received and collected in the ordinary course of business and (y) any Instrument subject to pledge pursuant to the Pledge Agreementbusiness), such Assignor will within 30 days 10 Business Days notify the Collateral Agent thereof in writingthereof, and upon request by the Collateral Agent will promptly deliver such Instrument to the Collateral Agent appropriately endorsed to the order of the Collateral AgentAgent as further security hereunder.

Appears in 1 contract

Samples: Security Agreement (Town Sports International Holdings Inc)

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