Warehouse Receipts Non-Negotiable. To the extent practicable, each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC as in effect in any relevant jurisdiction or under other relevant law).
Appears in 6 contracts
Samples: Credit Agreement (Performance Sports Group Ltd.), Security Agreement (PAE Inc), First Lien Security Agreement (PAE Inc)
Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt or other Document is issued with respect to any of its Inventory, such Grantor shall request that Inventory such warehouse receipt or receipt in the nature thereof or other Document shall not be “"negotiable” " (as such term is used in Section 7-104 of the UCC as in effect in any relevant jurisdiction or under other relevant law).
Appears in 4 contracts
Samples: Security and Pledge Agreement (Flag Telecom Holdings LTD), Security and Pledge Agreement (Flag Telecom Group LTD), Security and Pledge Agreement (Flag Telecom Holdings LTD)
Warehouse Receipts Non-Negotiable. To the extent practicable, each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).
Appears in 3 contracts
Samples: Pledge and Security Agreement (Affinity Guest Services, LLC), Security Agreement (BWAY Holding CO), Credit Agreement (Bway Parent Company, Inc.)
Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).
Appears in 2 contracts
Samples: First Restated Security Agreement (Nexstar Broadcasting Group Inc), First Restated Security Agreement (Mission Broadcasting Inc)
Warehouse Receipts Non-Negotiable. To the extent practicable, each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “a "negotiable” " document of title (as such term is used in Section 7-104 26(1) of the UCC PPSA as in effect in any relevant jurisdiction or under other relevant law).
Appears in 2 contracts
Samples: Credit Agreement (Performance Sports Group Ltd.), Security Agreement (Performance Sports Group Ltd.)
Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with in respect to of any portion of its Inventorythe Collateral, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as negotiable unless such term warehouse receipt or receipt in the nature thereof is used issued and duly negotiated to the Grantor or the Agent or to order, blank endorsed, and in Section 7-104 the possession of the UCC as in effect in any relevant jurisdiction Grantor or under other relevant law)the Agent.
Appears in 2 contracts
Samples: Security Agreement (Empire Resources Inc /New/), Security Agreement (Empire Resources Inc /New/)
Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventoryinventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC as in effect in any relevant jurisdiction or under other relevant lawUCC).
Appears in 2 contracts
Samples: Pledge and Security Agreement (Electronic Cigarettes International Group, Ltd.), Security Agreement (Harte Hanks Inc)
Warehouse Receipts Non-Negotiable. To the extent practicable, each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventoryinventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC as in effect in any relevant jurisdiction or under other relevant lawUCC).
Appears in 1 contract
Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any substantial portion of its Inventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).
Appears in 1 contract
Warehouse Receipts Non-Negotiable. To the extent practicable, each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “"negotiable” " (as such term is used in Section 7-104 of the UCC Code as in effect in any relevant jurisdiction or under other relevant law).
Appears in 1 contract
Samples: Security Agreement (Probex Corp)
Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt or other Document is issued with respect to any of its Inventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof or other Document shall not be “"negotiable” " (as such term is used in Section 7-104 of the UCC as in effect in any relevant jurisdiction or under other relevant law).
Appears in 1 contract
Samples: Security and Pledge Agreement (Fitzgeralds Gaming Corp)
Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC as in effect in any relevant jurisdiction or under other relevant law).
Appears in 1 contract
Samples: Credit Agreement (Centerplate, Inc.)
Warehouse Receipts Non-Negotiable. To the extent practicable, if so requested by the Collateral Agent, each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” (as such term is used in Section 7-104 of the UCC as in effect in any relevant jurisdiction or under other relevant law).
Appears in 1 contract
Samples: Credit Agreement (Welbilt, Inc.)
Warehouse Receipts Non-Negotiable. To the extent practicable, each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “"negotiable” " (as such term is used in Section 7-104 of the UCC Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).
Appears in 1 contract
Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Grantor agrees that if any warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “negotiable” "NEGOTIABLE" (as such term is used in Section 7-104 of the UCC Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).
Appears in 1 contract
Warehouse Receipts Non-Negotiable. To the extent practicable, each Each Grantor agrees that if any --------------------------------- warehouse receipt or receipt in the nature of a warehouse receipt is issued with respect to any of its Inventory, such Grantor shall request that such warehouse receipt or receipt in the nature thereof shall not be “"negotiable” " (as such term is used in Section 7-104 of the UCC ---------- Uniform Commercial Code as in effect in any relevant jurisdiction or under other relevant law).
Appears in 1 contract
Samples: Security Agreement (Nexstar Broadcasting of the Wichita Falls LLC)
