Common use of Negotiable Documents, Instruments and Chattel Paper Clause in Contracts

Negotiable Documents, Instruments and Chattel Paper. Each Grantor has delivered to the Administrative Agent possession of all originals of all Documents, Instruments, Promissory Notes, and tangible Chattel Paper (other than any Document, Instrument, Promissory Note or tangible Chattel Paper not exceeding $50,000 in principal amount) owned or held by such Grantor on the Closing Date (or the date such Grantor becomes a party to this Security Agreement, as applicable).

Appears in 2 contracts

Samples: Pledge and Security Agreement (Acutus Medical, Inc.), Pledge and Security Agreement (Acutus Medical, Inc.)

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Negotiable Documents, Instruments and Chattel Paper. Each The Grantor has delivered to the Administrative Agent possession of all originals of all Documentsnegotiable documents, Instrumentsinstruments, Promissory Notespromissory notes and chattel paper that have a principal amount, and tangible Chattel Paper (other than any Documentor value, Instrument, Promissory Note or tangible Chattel Paper not exceeding in excess of $50,000 in principal amount) and are owned or held by such the Grantor on the Closing Date (Date; provided that no more than $500,000 in principal amount, or value, of the date such Grantor becomes a party to this Security Agreement, as applicable)foregoing shall be excluded from the delivery request.

Appears in 2 contracts

Samples: Borrower Security and Pledge Agreement (Associated Materials Inc), Borrower Security and Pledge Agreement (AMH Holdings, Inc.)

Negotiable Documents, Instruments and Chattel Paper. Each Such Grantor has delivered to the Administrative Agent possession of all originals of all Documentsnegotiable documents, Instrumentsinstruments, Promissory Notespromissory notes and chattel paper that have a principal amount, and tangible Chattel Paper (other than any Documentor value, Instrument, Promissory Note or tangible Chattel Paper not exceeding in excess of $50,000 in principal amount) and are owned or held by such Grantor on the Closing Date (Date; provided that no more than $500,000 in principal amount, or value, of the date such Grantor becomes a party to this Security Agreement, as applicable)foregoing shall be excluded from the delivery request.

Appears in 2 contracts

Samples: Subsidiary Security and Pledge Agreement (Associated Materials Inc), Subsidiary Security and Pledge Agreement (AMH Holdings, Inc.)

Negotiable Documents, Instruments and Chattel Paper. Each Grantor has delivered to the Administrative Agent possession of all originals of all Documents, Instruments, Promissory Notes, and tangible Chattel Paper (other than any Document, Instrument, Promissory Note or tangible Chattel Paper not exceeding with a value in excess of $50,000 in principal amount) 500,000 that constitute Collateral and that are owned or held by such Grantor on the Closing Date (duly endorsed and accompanied by duly executed instruments of transfer or assignment, all in form and substance reasonably satisfactory to the date such Grantor becomes a party to this Security Agreement, as applicable)Administrative Agent.

Appears in 1 contract

Samples: Assignment and Assumption (Kofax LTD)

Negotiable Documents, Instruments and Chattel Paper. Each The Grantor has delivered to the Administrative Agent possession of all originals of all Documentsnegotiable documents, Instrumentsinstruments, Promissory Notes, promissory notes and tangible Chattel Paper (other than any Document, Instrument, Promissory Note or tangible Chattel Paper not exceeding $50,000 in principal amount) chattel paper owned or held by such the Grantor on the Closing Date (or the date such Grantor becomes with a party to this Security Agreement, as applicable)value in excess of $500,000.

Appears in 1 contract

Samples: Borrower Pledge and Security Agreement (Reddy Ice Holdings Inc)

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Negotiable Documents, Instruments and Chattel Paper. Each Such Grantor has delivered to the Administrative Agent possession of all originals of all Documentsnegotiable documents, Instrumentsinstruments, Promissory Notes, promissory notes and tangible Chattel Paper (other than any Document, Instrument, Promissory Note or tangible Chattel Paper not exceeding $50,000 in principal amount) chattel paper owned or held by such Grantor on the Closing Date (or the date such Grantor becomes with a party to this Security Agreement, as applicable)value in excess of $500,000.

Appears in 1 contract

Samples: Pledge and Security Agreement (Reddy Ice Holdings Inc)

Negotiable Documents, Instruments and Chattel Paper. Each Such Grantor has has, contemporaneously herewith, delivered to the Administrative Agent possession of all originals of all Documents, Instruments, Promissory Notespromissory notes, Pledged Notes and tangible Chattel Paper (other than any Document, Instrument, Promissory Note evidencing amounts payable in excess of $250,000 individually or tangible Chattel Paper not exceeding $50,000 1,000,000 in principal amount) the aggregate owned or held by such Grantor on (duly endorsed, in blank, if requested by the Closing Date (or the date such Grantor becomes a party to this Security Agreement, as applicableAdministrative Agent).

Appears in 1 contract

Samples: Pledge and Security Agreement (Penn Virginia Corp)

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