SPECIAL PROVISIONS CONCERNING ACCOUNTS; CONTRACT RIGHTS Sample Clauses

SPECIAL PROVISIONS CONCERNING ACCOUNTS; CONTRACT RIGHTS. INSTRUMENTS; CHATTEL PAPER AND CERTAIN OTHER COLLATERAL
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SPECIAL PROVISIONS CONCERNING ACCOUNTS; CONTRACT RIGHTS. INSTRUMENTS; CHATTEL PAPER AND CERTAIN OTHER COLLATERAL 7 3.1 Additional Representations and Warranties 7 3.2 Maintenance of Records 7 3.3 Direction to Account Debtors; Contracting Parties; etc. 7 3.4 Modification of Terms; etc. 8 3.5 Collection 8 3.6 Instruments 8 3.7 Assignors Remain Liable Under Accounts 9 3.8 Assignors Remain Liable Under Contracts 9 3.9 Deposit Accounts; Etc. 9
SPECIAL PROVISIONS CONCERNING ACCOUNTS; CONTRACT RIGHTS. INSTRUMENTS; CHATTEL PAPER AND CERTAIN OTHER COLLATERAL 17 Section 4.1 Additional Representations and Warranties 17 Section 4.2 Maintenance of Records 17 Section 4.3 Direction to Account Debtors; Contracting Parties; etc 18 Section 4.4 Modification of Terms; etc 18 Section 4.5 Collection 18 Section 4.6 Instruments 19 Section 4.7 Assignors Remain Liable Under Accounts 19 Section 4.8 Assignors Remain Liable Under Contracts 19 Section 4.9 Deposit Accounts; Etc 19 Section 4.10 Letter-of-Credit Rights 20 Section 4.11 Commercial Tort Claims 21 Section 4.12 Chattel Paper 21 Section 4.13 Further Actions 21 ii ARTICLE V SPECIAL PROVISIONS CONCERNING STOCK, LIMITED LIABILITY COMPANY INTERESTS AND PARTNERSHIP INTERESTS 22 Section 5.1 Subsequently Acquired Collateral 22 Section 5.2 Transfer Taxes 22 Section 5.3 Appointment of Sub-Agents; Endorsements, etc 22 Section 5.4 Voting, etc., While No Event of Default 22 Section 5.5 Dividends and Other Distributions 22 Section 5.6 Assignee Not a Partner or Limited Liability Company Member 23 Section 5.7 The Assignee As Collateral Agent 24 Section 5.8 Transfer By The Assignors 24 Section 5.9 Sale Of Pledged Collateral Without Registration 24 ARTICLE VI SPECIAL PROVISIONS CONCERNING MARKS AND DOMAIN NAMES 25 Section 6.1 Additional Representations and Warranties 25 Section 6.2 Licenses and Assignments 26 Section 6.3 Infringements 26 Section 6.4 Preservation of Marks 26 Section 6.5 Maintenance of Registration 26 Section 6.6 Future Registered Marks and Domain Names 27 Section 6.7 Remedies 27 ARTICLE VII SPECIAL PROVISIONS CONCERNING PATENTS, COPYRIGHTS AND TRADE SECRETS 27 Section 7.1 Additional Representations and Warranties 27 Section 7.2 Licenses and Assignments 28 Section 7.3 Infringements 28 Section 7.4 Maintenance of Patents or Copyrights 28
SPECIAL PROVISIONS CONCERNING ACCOUNTS; CONTRACT RIGHTS. INSTRUMENTS; CHATTEL PAPER AND CERTAIN OTHER COLLATERAL Section 5.1 Maintenance of Records 23 Section 5.2 Direction to Account Debtors; Contracting Parties; etc. 24 Section 5.3 Modification of Terms; etc. 24 Section 5.4 Collection 24 Section 5.5 Investment Property and Instruments 25 Section 5.6 Obligor Remains Liable Under Accounts 26 Section 5.7 Obligor Remains Liable Under Contracts 26 Section 5.8 Deposit Accounts; etc. 27 Section 5.9 Letter-of-Credit Rights 27 Section 5.10 Chattel Paper 27 Section 5.11 Further Actions 27 ARTICLE 6
SPECIAL PROVISIONS CONCERNING ACCOUNTS; CONTRACT RIGHTS. INSTRUMENTS;
SPECIAL PROVISIONS CONCERNING ACCOUNTS; CONTRACT RIGHTS. INSTRUMENTS; CHATTEL PAPER AND CERTAIN OTHER COLLATERAL..................................................9

Related to SPECIAL PROVISIONS CONCERNING ACCOUNTS; CONTRACT RIGHTS

  • Provisions Concerning All Collateral 13 6.1. Protection of Collateral Agent's Security...................... 13 6.2. Warehouse Receipts Non-negotiable.............................. 13 6.3.

  • General Provisions Regarding Accounts 44 SECTION 8.04. Release of Trust Estate..................................................................45 SECTION 8.05.

  • Additional Provisions Concerning the Collateral (a) To the maximum extent permitted by applicable law, and for the purpose of taking any action that the Collateral Agent may deem necessary or advisable to accomplish the purposes of this Agreement, each Grantor hereby (i) authorizes the Collateral Agent to execute any such agreements, instruments or other documents in such Grantor’s name and to file such agreements, instruments or other documents in such Grantor’s name and in any appropriate filing office, (ii) authorizes the Collateral Agent at any time and from time to time to file, one or more financing or continuation statements, and amendments thereto, relating to the Collateral (including, without limitation, any such financing statements that (A) describe the Collateral as “all assets” or “all personal property” (or words of similar effect) or that describe or identify the Collateral by type or in any other manner as the Collateral Agent may determine regardless of whether any particular asset of such Grantor falls within the scope of Article 9 of the Code or whether any particular asset of such Grantor constitutes part of the Collateral, and (B) contain any other information required by Part 5 of Article 9 of the Code for the sufficiency or filing office acceptance of any financing statement, continuation statement or amendment, including, without limitation, whether such Grantor is an organization, the type of organization and any organizational identification number issued to such Grantor) and (iii) ratifies such authorization to the extent that the Collateral Agent has filed any such financing or continuation statements, or amendments thereto, prior to the date hereof. A photocopy or other reproduction of this Agreement or any financing statement covering the Collateral or any part thereof shall be sufficient as a financing statement where permitted by law.

  • General Provisions Regarding the Collection Account (a) So long as no Default or Event of Default shall have occurred and be continuing, all or a portion of the funds in the Collection Account shall be invested in Eligible Investments and reinvested by the Indenture Trustee upon Issuer Order; provided, however, that (i) such Eligible Investments shall not mature or be redeemed later than the Business Day prior to the next Payment Date or Special Payment Date, if applicable, for the Recovery Bonds and (ii) such Eligible Investments shall not be sold, liquidated or otherwise disposed of at a loss prior to the maturity or the date of redemption thereof. All income or other gain from investments of moneys deposited in the Collection Account shall be deposited by the Indenture Trustee in such Collection Account, and any loss resulting from such investments shall be charged to such Collection Account. The Issuer will not direct the Indenture Trustee to make any investment of any funds or to sell any investment held in the Collection Account unless the security interest Granted and perfected in such account will continue to be perfected in such investment or the proceeds of such sale, in either case without any further action by any Person, and, in connection with any direction to the Indenture Trustee to make any such investment or sale, if requested by the Indenture Trustee, the Issuer shall deliver to the Indenture Trustee an Opinion of Counsel of external counsel of the Issuer (at the Issuer’s cost and expense) to such effect. In no event shall the Indenture Trustee be liable for the selection of Eligible Investments or for investment losses incurred thereon. The Indenture Trustee shall have no liability in respect of losses incurred as a result of the liquidation of any Eligible Investment prior to its stated maturity or its date of redemption or the failure of the Issuer or the Servicer to provide timely written investment direction. The Indenture Trustee shall have no obligation to invest or reinvest any amounts held hereunder in the absence of written investment direction pursuant to an Issuer Order, in which case such amounts shall remain uninvested.

  • Certain Provisions Concerning Intellectual Property Collateral SECTION 6.1.

  • Provisions Concerning the Accounts and the Licenses (i) Each Grantor will (A) give the Collateral Agent at least 30 days’ prior written notice of any change in such Grantor’s name, identity or organizational structure, (B) maintain its jurisdiction of incorporation, organization or formation as set forth in Schedule I hereto, (C) immediately notify the Collateral Agent upon obtaining an organizational identification number, if on the date hereof such Grantor did not have such identification number, and (D) keep adequate records concerning the Collateral and permit representatives of the Collateral Agent during normal business hours on reasonable notice to such Grantor, to inspect and make abstracts from such records.

  • CERTAIN PROVISIONS CONCERNING SECURITIES COLLATERAL SECTION 5.1. Pledge of Additional Securities Collateral 17 SECTION 5.2. Voting Rights; Distributions; etc. 18 SECTION 5.3. Reserved 19

  • Maintenance of Primary Insurance Policies; Collections Thereunder The Master Servicer shall use commercially reasonable efforts to keep, and to cause the Servicers to keep, in full force and effect each Primary Insurance Policy (except any Special Primary Insurance Policy) required with respect to a Mortgage Loan, in the manner set forth in the applicable Selling and Servicing Contract, until no longer required, and the Master Servicer shall use commercially reasonable efforts to keep in full force and effect each Special Primary Insurance Policy, if any. Notwithstanding the foregoing, the Master Servicer shall have no obligation to maintain any Primary Insurance Policy for a Mortgage Loan for which the outstanding Principal Balance thereof at any time subsequent to origination was 80% or less of the Appraised Value of the related Mortgaged Property, unless required by applicable law. Unless required by applicable law, the Master Servicer shall not cancel or refuse to renew, or allow any Servicer under its supervision to cancel or refuse to renew, any Primary Insurance Policy in effect at the date of the initial issuance of the Certificates that is required to be kept in force hereunder; provided, however, that neither the Master Servicer nor any Servicer shall advance funds for the payment of any premium due under (i) any Primary Insurance Policy (other than a Special Primary Insurance Policy) if it shall determine that such an advance would be a Nonrecoverable Advance or (ii) any Special Primary Insurance Policy.

  • General Provisions Regarding Payment; Loan Account (a) All payments to be made by each Borrower under any Financing Document, including payments of principal and interest made hereunder and pursuant to any other Financing Document, and all fees, expenses, indemnities and reimbursements, shall be made without set-off, recoupment or counterclaim. If any payment hereunder becomes due and payable on a day other than a Business Day, such payment shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest thereon shall be payable at the then applicable rate during such extension (it being understood and agreed that, solely for purposes of calculating financial covenants and computations contained herein and determining compliance therewith, if payment is made, in full, on any such extended due date, such payment shall be deemed to have been paid on the original due date without giving effect to any extension thereto). Any payments received in the Payment Account before 12:00 Noon (Eastern time) on any date shall be deemed received by Agent on such date, and any payments received in the Payment Account at or after 12:00 Noon (Eastern time) on any date shall be deemed received by Agent on the next succeeding Business Day.

  • Actions Concerning Mortgage Loans To the knowledge of the Seller, there are no actions, suits or proceedings before any court, administrative agency or arbitrator concerning any Mortgage Loan, Mortgagor or related Mortgaged Property that might adversely affect title to the Mortgaged Property or the validity or enforceability of the related Mortgage or that might materially and adversely affect the value of the Mortgaged Property as security for the Mortgage Loan or the use for which the premises were intended.

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