Negotiable Documents Sample Clauses

Negotiable Documents. No Grantor shall permit any Inventory or other Property of such Grantor to be evidenced by a negotiable Document. If, notwithstanding the foregoing, any such Inventory or other Property is or becomes evidenced by a negotiable Document, the Grantor shall cause such negotiable Document to be duly negotiated to the Administrative Agent.
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Negotiable Documents. INSTRUMENTS, CHATTEL PAPER AND ASSIGNED AGREEMENTS. Grantor shall keep in its sole possession, free of the Control of any Person other than the Secured Parties, all originals of all negotiable documents, Instruments and Tangible Chattel Paper currently owned or held by Grantor, and true and correct copies of each Assigned Agreement.
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Negotiable Documents. Except as set forth on Schedule 6, no portion of the Petroleum Inventory that has a fair market value greater than $500,000 is in the possession of an issuer of a warehouse receipt, xxxx of lading or other document of title which is a negotiable document under Section 7-104 of the New York UCC (each such document, a “Negotiable Document”) therefor or otherwise in the possession of any bailee or warehouseman.
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Negotiable Documents. Not permit any property of such Grantor other than Inventory to be evidenced by a negotiable Document. If any Inventory is or becomes evidenced by a negotiable Document, upon request of the Controlling Agent after the occurrence and during the continuation of an Event of Default, cause such negotiable Document, subject to the terms of the Intercreditor Agreement, to be duly negotiated to the Controlling Agent.
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Negotiable Documents. Grantor will not permit any Collateral to constitute or be covered by a negotiable document. If any negotiable documents exists in violation of the foregoing prohibition, Grantor will immediately deliver such negotiable documents to the Bank in accordance with Section 4.8.
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Negotiable Documents. Supplier shall hold all negotiable instruments in a secured location in Supplier's warehouse with limited access to only mutually approved personnel. - Supplier will shred all, including but not limited to, negatives, film, direct to plate material used for manufacturing Products. CUSTOMER SERVICE - Supplier shall provide a toll free customer service number that will be staffed Monday through Friday between the hours of 8:00 AM CST and 7:00 PM CST. - Supplier will provide at a minimum three (3) full-time, dedicated Customer Service Representatives. The Customer Service Representative's responsibilities include, but are not limited to, providing the following services: - Pricing and product information to requesters - Order status upon request - Response to Customer's inquires within twenty four (24) hours of receipt. - Problem solving and documentation; reporting all account issues to Supplier Account Manager - Supplier will provide a dedicated Account Manager based in Minnesota with assigned back up for Customer. The Account Manager's responsibilities include, but are not limited to, the following: - Primary contact with Customer Designated Personnel. - Primary contact for implementing new forms. - Managing Product release during Customer's acquisitions and conversions - Escalation contact for issue resolution by Customer designated personnel. - Scheduling monthly and quarterly account performance reviews. - Propose cost savings initiatives pursuant to customer's Products and implement such initiatives upon the written approval of Customer. PRODUCT SHIPMENT Customer's Product will be shipped using the most economical and efficient method with sufficient tracking capabilities. In no event shall the cost to Customer exceed the current Zone 2 rate as defined by United Parcel Service (UPS). Zone 2 rate will be based on location of production plant Supplier shall absorb all costs incurred above the Zone 2 rate.
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Negotiable Documents. Accounts shall not be evidenced by negotiable documents without the consent of Bank. In the event that account debtors, Non-U.S. subsidiaries or others (and notwithstanding this prohibition) deliver to any Borrower negotiable documents (e.g. promissory notes, documents of title, negotiable warehouse receipts, negotiable bills of lading) which evidence an obligation of payment or a right to the possession of goods, Borrowers shall immediately endorse and deliver the same in bearer form to Bank.
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Related to Negotiable Documents

  • Negotiable Documents, Instruments and Chattel Paper The Grantor has, contemporaneously with the execution and delivery of this Security Agreement, delivered to the Administrative Agent possession of all originals of all negotiable documents, instruments and chattel paper, including all negotiable documents, instruments and chattel paper evidencing Receivables, currently owned or held by the Grantor (duly endorsed in blank, if requested by the Administrative Agent).

  • Negotiable Collateral In the event that any Collateral, including proceeds, is evidenced by or consists of Negotiable Collateral, and if and to the extent that perfection or priority of Agent's security interest is dependent on or enhanced by possession, the applicable Borrower, immediately upon the request of Agent, shall endorse and deliver physical possession of such Negotiable Collateral to Agent.

  • Negotiable Instruments Seller will remove any supply of Seller’s money orders, official checks, gift checks, travelers’ checks or any other negotiable instruments located at each of the Branches on the Closing Date.

  • Negotiability This Warrant is issued upon the following terms, to all of which each taker or owner hereof consents and agrees:

  • Instruments and Chattel Paper Attached hereto as Schedule 10 is a true and correct list of all promissory notes, instruments (other than checks to be deposited in the ordinary course of business), tangible chattel paper, electronic chattel paper and other evidence of Indebtedness held by each Loan Party as of January 15, 2013 having an aggregate value or face amount in excess of $100,000, including all intercompany notes between or among any two or more Loan Parties or any of their Subsidiaries.

  • Collection of Accounts, General Intangibles and Negotiable Collateral At any time upon the occurrence and during the continuance of an Event of Default, Agent or Agent’s designee may (a) notify Account Debtors of any Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable Collateral of such Grantor have been assigned to Agent, for the benefit of the Lender Group and the Bank Product Providers, or that Agent has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable Collateral of any Grantor directly, and any collection costs and expenses shall constitute part of such Grantor’s Secured Obligations under the Loan Documents.

  • Replacement Documents Upon receipt of an affidavit of an officer of Lender as to the loss, theft, destruction or mutilation of the Note or any other Loan Document which is not of public record, and, in the case of any such mutilation, upon surrender and cancellation of such Note or other Loan Document, Borrower will issue, in lieu thereof, a replacement Note or other Loan Document, dated the date of such lost, stolen, destroyed or mutilated Note or other Loan Document in the same principal amount thereof and otherwise of like tenor.

  • Delivery of Instruments and Chattel Paper If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Chattel Paper, such Instrument or Chattel Paper shall be immediately delivered to the Administrative Agent, duly indorsed in a manner satisfactory to the Administrative Agent, to be held as Collateral pursuant to this Agreement.

  • Supporting Documents The Purchasers and their counsel shall have received copies of the following documents:

  • Guaranties Guarantee or become liable in any way as surety, endorser (other than as endorser of negotiable instruments for deposit or collection in the ordinary course of business), accommodation endorser or otherwise for, nor pledge or hypothecate any assets of Borrower as security for, any liabilities or obligations of any other person or entity, except any of the foregoing in favor of Bank.

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