Chattel Paper and Instruments. Immediately upon the Borrower's receipt thereof, the Borrower shall deliver or cause to be delivered to the Agent, with appropriate endorsement and assignment to vest title, with full recourse to the Borrower, and possession in the Agent, all chattel paper and instruments which the Borrower now owns or may at any time or times hereafter acquire.
Appears in 2 contracts
Sources: Loan and Security Agreement (Amcraft Building Products Co Inc), Loan and Security Agreement (American Builders & Contractors Supply Co Inc)
Chattel Paper and Instruments. Immediately upon the Borrower's ----------------------------- receipt thereof, the Borrower shall deliver or cause to be delivered to the Agent, with appropriate endorsement and assignment to vest title, with full recourse to the Borrower, and possession in the Agent, all chattel paper and instruments which the Borrower now owns or may at any time or times hereafter acquire.
Appears in 1 contract
Sources: Loan and Security Agreement (American Builders & Contractors Supply Co Inc)