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

Negotiable Documents, Instruments and Chattel Paper. Such Grantor has delivered to the Administrative Agent possession of all originals of all negotiable documents, instruments, promissory notes and chattel paper that have a principal amount, or value, in excess of $50,000 and are owned or held by such Grantor on the Closing Date; provided that no more than $500,000 in principal amount, or value, of the 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.)

AutoNDA by SimpleDocs

Negotiable Documents, Instruments and Chattel Paper. Such The Grantor has delivered to the Administrative Agent possession of all originals of all negotiable documents, instruments, promissory notes and chattel paper that have a principal amount, or value, in excess of $50,000 and are owned or held by such the Grantor on the Closing Date; provided that no more than $500,000 in principal amount, or value, of the foregoing shall be excluded from the delivery request.

Appears in 2 contracts

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

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

Appears in 2 contracts

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

Negotiable Documents, Instruments and Chattel Paper. Such Grantor has delivered to the Administrative Agent possession of all originals of all negotiable documents, instruments, promissory notes and chattel paper that have a principal amount, or value, in excess of $50,000 and are owned or held by such Grantor on the Closing Date; provided that no more than Date with a value in excess of $500,000 in principal amount, or value, of the foregoing shall be excluded from the delivery request500,000.

Appears in 1 contract

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

Negotiable Documents, Instruments and Chattel Paper. Such Grantor has has, contemporaneously herewith, delivered to the Administrative Agent possession of all originals of all negotiable documentsDocuments, instrumentsInstruments, promissory notes notes, Pledged Notes and chattel paper that have a principal amount, or value, tangible Chattel Paper evidencing amounts payable in excess of $50,000 and are 250,000 individually or $1,000,000 in the aggregate owned or held by such Grantor on (duly endorsed, in blank, if requested by the Closing Date; provided that no more than $500,000 in principal amount, or value, of the foregoing shall be excluded from the delivery requestAdministrative Agent).

Appears in 1 contract

Samples: Pledge and Security Agreement (Penn Virginia Corp)

AutoNDA by SimpleDocs

Negotiable Documents, Instruments and Chattel Paper. Such The Grantor has delivered to the Administrative Agent possession of all originals of all negotiable documents, instruments, promissory notes and chattel paper that have owned or held by the Grantor on the Closing Date with a principal amount, or value, value in excess of $50,000 and are owned or held by such Grantor on the Closing Date; provided that no more than $500,000 in principal amount, or value, of the foregoing shall be excluded from the delivery request500,000.

Appears in 1 contract

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

Negotiable Documents, Instruments and Chattel Paper. Such Each Grantor has delivered to the Administrative Agent possession of all originals of all negotiable documentsDocuments, instrumentsInstruments, promissory notes Promissory Notes, and chattel paper that have tangible Chattel Paper with a principal amount, or value, value in excess of $50,000 500,000 that constitute Collateral and that are owned or held by such Grantor on the Closing Date; provided that no more than $500,000 Date duly endorsed and accompanied by duly executed instruments of transfer or assignment, all in principal amount, or value, of form and substance reasonably satisfactory to the foregoing shall be excluded from the delivery requestAdministrative Agent.

Appears in 1 contract

Samples: Assignment and Assumption (Kofax LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.