Common use of Promissory Notes and Tangible Chattel Paper Clause in Contracts

Promissory Notes and Tangible Chattel Paper. If any Grantor shall at any time hold or acquire any Promissory Notes or Tangible Chattel Paper, such Grantor shall forthwith endorse, assign or deliver the same to the Secured Party accompanied by instruments of transfer or assignment duly executed in blank as the Secured Party may from time to time specify.

Appears in 8 contracts

Samples: Credit Agreement (Medical Action Industries Inc), Credit Agreement (CVD Equipment Corp), Credit Agreement (Orbit International Corp)

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Promissory Notes and Tangible Chattel Paper. If any Grantor shall at any time hold or acquire any Promissory Notes promissory notes or Tangible Chattel Papertangible chattel paper, such Grantor shall forthwith endorse, assign or and deliver the same to the Secured Party Party, accompanied by such instruments of transfer or assignment undated and duly executed in blank as the Secured Party may from time to time specify.

Appears in 2 contracts

Samples: Security and Pledge Agreement (Luminent Mortgage Capital Inc), Security and Pledge Agreement (Luminent Mortgage Capital Inc)

Promissory Notes and Tangible Chattel Paper. If any Grantor shall at any time hold or acquire any Promissory Notes or Tangible Chattel Paper, such Grantor shall forthwith endorse, assign or deliver the same to the Secured Party Party, accompanied by instruments of transfer or assignment duly executed in blank as the Secured Party may from time to time specify.

Appears in 2 contracts

Samples: Security Agreement (Emerging Vision Inc), Security Agreement (Emerging Vision Inc)

Promissory Notes and Tangible Chattel Paper. If any Grantor shall at any time hold or acquire any Promissory Notes or Tangible Chattel Paper, to the extent the same constitute Collateral hereunder. such Grantor shall forthwith endorse, assign or deliver the same to the Secured Party accompanied by instruments of transfer or assignment duly executed in blank as the Secured Party may from time to time specify.

Appears in 2 contracts

Samples: Security Agreement (Global Payment Technologies Inc), Security Agreement (Global Payment Technologies Inc)

Promissory Notes and Tangible Chattel Paper. If any the Grantor shall shall, now or at any time hereafter, hold or acquire any Promissory Notes promissory notes or Tangible Chattel Papertangible chattel paper, such the Grantor shall forthwith endorse, assign or and deliver the same to the Secured Party Party, accompanied by such instruments of transfer or assignment duly executed in blank as the Secured Party may from time to time specify.

Appears in 1 contract

Samples: Security Agreement (Clean Energy Fuels Corp.)

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Promissory Notes and Tangible Chattel Paper. If At the request of the Secured Party, at any time following the occurrence and during the continuance of an Event of Default, if any Grantor shall at any time hold or acquire any Promissory Notes or Tangible Chattel Paper, such Grantor shall forthwith endorse, assign or deliver the same to the Secured Party accompanied by instruments of transfer or assignment duly executed in blank as the Secured Party may from time to time specify.

Appears in 1 contract

Samples: Security Agreement (Veeco Instruments Inc)

Promissory Notes and Tangible Chattel Paper. If any Grantor shall at any time hold or acquire any Promissory Notes promissory notes or Tangible Chattel Papertangible chattel paper, such Grantor shall forthwith endorse, assign or pledge and deliver the same to the Secured Party Party, accompanied by such instruments of transfer or assignment duly executed in blank as the Secured Party may from time to time specify.

Appears in 1 contract

Samples: Pledge and Security Agreement (GenuTec Business Solutions, Inc.)

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