Third-Party Collateral. If Borrower shall at any time hold or acquire an interest in Collateral in the possession of a third party (other than Certificated Securities and Goods covered by a Document), Borrower shall promptly obtain an acknowledgment from the third party that it is holding such Collateral for the benefit of the Lender.
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Sources: Loan and Security Agreement (Crdentia Corp), Loan and Security Agreement (Crdentia Corp), Loan and Security Agreement (Crdentia Corp)
Third-Party Collateral. If Borrower shall at any time hold or acquire an interest in Collateral in the possession of a third party (other than Certificated Securities and Goods covered by a Document), Borrower shall promptly immediately obtain an acknowledgment from the third party that it is holding such Collateral for the benefit of the Lender and a collateral access agreement in favor of Lender in form and substance satisfactory to Lender.
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