Common use of Motor Vehicles Clause in Contracts

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each motor vehicle with a value in excess of $10,000 owned by it, with the Collateral Agent listed as lienholder, for the benefit of the Noteholders.

Appears in 19 contracts

Samples: Security and Pledge Agreement (Infinity Energy Resources, Inc), Security and Pledge Agreement (Gaucho Group Holdings, Inc.), Security and Pledge Agreement (Toughbuilt Industries, Inc)

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Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each motor vehicle with a value in excess of $10,000 owned by it, with the Collateral Agent listed as lienholder, for the ratable benefit of the Collateral Agent and the Noteholders.

Appears in 14 contracts

Samples: Security and Pledge Agreement (American Virtual Cloud Technologies, Inc.), Security and Pledge Agreement (Ocean Biomedical, Inc.), Security and Pledge Agreement (PAVmed Inc.)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles with a value in excess of $10,000 50,000, owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers.

Appears in 7 contracts

Samples: Security Agreement (Stinger Systems, Inc), Security Agreement (Universal Food & Beverage Compny), Security Agreement (Wentworth Energy, Inc.)

Motor Vehicles. (i) Upon the Collateral Agent’s 's written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles with a value in excess of $10,000 50,000, owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers.

Appears in 7 contracts

Samples: Security Agreement (House of Taylor Jewelry, Inc.), Security Agreement (Alpha Energy Inc), Security Agreement (Alpha Energy Inc)

Motor Vehicles. (i) Upon the Collateral Agent’s 's written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle with a value in excess of $10,000 vehicles owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers.

Appears in 5 contracts

Samples: Security Agreement (Uni-Pixel), Pledge and Security Agreement (Eon Communications Corp), Pledge and Security Agreement (SouthPeak Interactive CORP)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle with a value in excess of $10,000 vehicles owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers.

Appears in 5 contracts

Samples: Security Agreement (Avanex Corp), Pledge and Security Agreement (Fuse Science, Inc.), Pledge and Security Agreement (Digital Ally Inc)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle with a value in excess of $10,000 vehicles owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersSecured Parties.

Appears in 4 contracts

Samples: Security Agreement (Nanogen Inc), Securities Purchase Agreement (Minrad International, Inc.), Security Agreement (Nanogen Inc)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles with a value in excess of $10,000 10,000, owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers.

Appears in 3 contracts

Samples: Security and Pledge Agreement (Digital Angel Corp), Security and Pledge Agreement (WPCS International Inc), Security and Pledge Agreement (Worlds Online Inc.)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each the Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle with a value in excess of $10,000 vehicles owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers.

Appears in 3 contracts

Samples: Security Agreement (Applied Dna Sciences Inc), Security Agreement (Histogenics Corp), Security Agreement (Applied Dna Sciences Inc)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle with a value in excess of $10,000 vehicles owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersHolders.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Great Basin Scientific, Inc.), Securities Purchase Agreement (Great Basin Scientific, Inc.)

Motor Vehicles. (i) Upon the Collateral Agent’s 's written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles with a fair market value in excess of $10,000 owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersHolders.

Appears in 2 contracts

Samples: Pledge and Security Agreement (Earth Biofuels Inc), Pledge and Security Agreement (Earth Biofuels Inc)

Motor Vehicles. (i) Upon the Collateral Agent’s 's written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles with a value in excess of $10,000 10,000, owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers.

Appears in 2 contracts

Samples: Security Agreement Security Agreement (Socket Mobile, Inc.), Security Agreement Security Agreement (Socket Mobile, Inc.)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor Grantor, for motor vehicles with a value in excess of $25,000 shall deliver to the Collateral Agent originals of the certificates of title or ownership for each motor vehicle with a value in excess of $10,000 ownership, if physical and not electronic, owned by it, with the Collateral Agent listed as lienholder, for the benefit of the Noteholders.

Appears in 2 contracts

Samples: Security and Pledge Agreement (Akerna Corp.), Security and Pledge Agreement (Akerna Corp.)

Motor Vehicles. (i) Upon the Collateral Agent’s 's written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles owned by such Grantor with a value in excess of $10,000 owned by it50,000, with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers.

Appears in 2 contracts

Samples: Security Agreement (Raptor Networks Technology Inc), Security Agreement (Raptor Networks Technology Inc)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, subject to the prior rights of the Senior Lender pursuant to the Subordination Agreement,each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles with a value in excess of $10,000 50,000, owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers.

Appears in 2 contracts

Samples: Security Agreement (Global Employment Holdings, Inc.), Security Agreement (Global Employment Holdings, Inc.)

Motor Vehicles. (i) Upon the Collateral Agent’s 's written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle with a value in excess of $10,000 vehicles owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersSecured Parties.

Appears in 2 contracts

Samples: Security Agreement (China VoIP & Digital Telecom Inc.), Security Agreement (Broadcast International Inc)

Motor Vehicles. (i) Upon the Collateral Agent’s 's written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle with a value in excess of $10,000 vehicles owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers with respect to (A) any such individual motor vehicle having an original purchase price of 50,000 or more, or (B) all such motor vehicles, if the aggregate purchase price thereof is $250,000 or more.

Appears in 1 contract

Samples: Pledge and Security Agreement (Verilink Corp)

Motor Vehicles. (i) Upon To the extent necessary to perfect the Collateral Agent’s Lien and security interest therein, upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each motor vehicle with a value in excess of $10,000 25,000 owned by it, with the Collateral Agent listed as lienholder, for the ratable benefit of the Collateral Agent and the Noteholders.

Appears in 1 contract

Samples: Security and Pledge Agreement (Arcimoto Inc)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles with a an individual value in excess of $10,000 50,000, owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers.

Appears in 1 contract

Samples: Security and Pledge Agreement (Digital Domain Media Group, Inc.)

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Motor Vehicles. (i) Upon the Collateral Agent’s 's written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles owned by it with a blue book value equal or in excess of $10,000 owned by it50,000, with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersHolders.

Appears in 1 contract

Samples: Security Agreement (AFG Enterprises USA, Inc.)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each motor vehicle with a value in excess of $10,000 25,000 owned by it, with the Collateral Agent listed as lienholder, for the benefit of the Noteholders.

Appears in 1 contract

Samples: Securities Purchase Agreement (Delcath Systems, Inc.)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each motor vehicle with a value in excess of $10,000 owned by it, if any, with the Collateral Agent listed as lienholder, for the benefit of the Noteholders.

Appears in 1 contract

Samples: Security and Pledge Agreement (Ipsidy Inc.)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each motor vehicle with a value in excess of $10,000 owned by it, with the Collateral Agent listed as lienholder, for the ratable benefit of the NoteholdersCollateral Agent and the Secured Parties.

Appears in 1 contract

Samples: Security and Pledge Agreement (IMAC Holdings, Inc.)

Motor Vehicles. (i) Upon the Collateral Agent’s 's written request, each Grantor the Company shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles with a value in excess of $10,000 50,000, owned by it, the Company with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers.

Appears in 1 contract

Samples: Security Agreement (Mohen, Inc.)

Motor Vehicles. (i) Upon the Collateral Agent’s 's written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles with a value in excess of $10,000 50,000, owned by it, such Grantor with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers.

Appears in 1 contract

Samples: Security Agreement (Nesco Industries Inc)

Motor Vehicles. (i) Upon the Collateral Agent’s 's written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle with a value in excess of $10,000 vehicles owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersSecured Parties (other than a motor vehicle that is subject to a purchase money security interest).

Appears in 1 contract

Samples: Security Agreement (Inksure Technologies Inc.)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor the Company shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles with a value in excess of $10,000 50,000, owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers.

Appears in 1 contract

Samples: Security Agreement (Stinger Systems, Inc)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle with a value in excess of $10,000 vehicles owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersBuyers with respect to (A) any such individual motor vehicle having an original purchase price of 50,000 or more, or (B) all such motor vehicles, if the aggregate purchase price thereof is $250,000 or more.

Appears in 1 contract

Samples: Securities Purchase Agreement (Broadvision Inc)

Motor Vehicles. (i) Upon the Collateral Agent’s written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles with a value in excess of $10,000 10,000, owned by it, it with the Collateral Agent listed as lienholder, for the benefit of the NoteholdersPurchasers.

Appears in 1 contract

Samples: Security Agreement (Ads in Motion, Inc.)

Motor Vehicles. (i) Upon the Collateral Agent’s 's written request, each Grantor shall deliver to the Collateral Agent originals of the certificates of title or ownership for each all motor vehicle vehicles with a value in excess of $10,000 50,000, owned by it, it with the Collateral Agent listed as lienholder, for the benefit of itself and the NoteholdersPurchasers.

Appears in 1 contract

Samples: Security Agreement (Carrington Laboratories Inc /Tx/)

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