Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Chattel Paper, such Instrument or Chattel Paper shall be immediately delivered to the Lender, duly indorsed in a manner satisfactory to the Lender, to be held as Collateral pursuant to this Agreement.
Appears in 15 contracts
Sources: Guarantee and Collateral Agreement (Kojaian Mike), Line of Credit Agreement (Crescent Operating Inc), Collateral Agreement (Styleclick Inc)
Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Chattel Paper, such Instrument or Chattel Paper shall be immediately delivered to the LenderAgent, duly indorsed in a manner satisfactory to the LenderAgent, to be held as Collateral pursuant to this Agreement.
Appears in 6 contracts
Sources: Credit and Guarantee Agreement (Remington Capital Corp), Guarantee and Collateral Agreement (Polo Ralph Lauren Corp), Guarantee and Collateral Agreement (Aftermarket Technology Corp)
Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument Instrument, Certificated Security or Chattel Paper, such Instrument Instrument, Certificated Security or Chattel Paper shall be immediately delivered to the Lender, duly indorsed in a manner satisfactory to the Lender, to be held as Collateral pursuant to this Agreement.
Appears in 2 contracts
Sources: Security Agreement (Strattec Security Corp), Security Agreement (Strattec Security Corp)
Delivery of Instruments and Chattel Paper. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Instrument or Chattel Paper, such Instrument or Chattel Paper shall be immediately promptly delivered to the LenderCollateral Agent, duly indorsed in a manner satisfactory to the LenderCollateral Agent, to be held as Collateral pursuant to this AgreementAgreement and subject to the Indenture's terms.
Appears in 2 contracts
Sources: Security Agreement (Bayou Steel Corp), Security Agreement (Bayou Steel Corp)