No Instruments. The Borrower shall not take any action which would allow, result in or cause any Eligible Receivable to be evidenced by an "instrument" within the meaning of the UCC of the applicable jurisdiction.
Appears in 6 contracts
Samples: Loan and Security Agreement (Nu Tech Bio Med Inc), Loan and Security Agreement (Physicians Clinical Laboratory Inc), Loan and Security Agreement (Five Star Quality Care Inc)
No Instruments. The No Borrower shall not take any action which would allow, result in in, or cause any Eligible Receivable to be evidenced by an "βinstrument" β within the meaning of the UCC of the applicable jurisdiction.
Appears in 1 contract
Samples: Revolving Loan and Security Agreement (Enzo Biochem Inc)
No Instruments. The No Borrower shall not take any action which would allow, allow result in or cause any Eligible Receivable to be evidenced by an "instrument" within instrument"within the meaning of the UCC of the applicable jurisdiction.
Appears in 1 contract
