Documents and Instruments. The Company will at all times cause any Documents or Instruments that are included within the Collateral to be valid and genuine. The Company will cause all Instruments included within the Collateral to have only one original counterpart. Upon request by Lender, the Company will promptly deliver to a bailee or agent selected by Lender who is holding any such Collateral for the benefit of the Lender all originals of Documents or Instruments that are included within the Collateral. The Company will not (whether through failure to duly perform its obligations under any contracts, instruments, and agreements that are related to any Documents or Instruments that are included within the Collateral, or by any written instrument, or otherwise) take or allow any action or omission that causes any Documents or Instruments that are included within the Collateral to become subject to any contra-accounts, setoffs, defenses, counterclaims, discounts, allowances, rebates, credits or adjustments by or available to the Persons obligated thereon. Upon request by Lender, the Company will ▇▇▇▇ each chattel paper that is included within the Collateral with a legend indicating that such chattel paper is subject to the security interest granted by the applicable Security Document.
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Sources: Loan Agreement (Iexalt Inc), Loan Agreement (Iexalt Inc)
Documents and Instruments. The Company will at all times cause any Documents or Instruments that which are included within the Collateral to be valid and genuine. The Company will cause all Instruments included within the Collateral to have only one original counterpart. Upon request by LenderMajority Lenders, the Company will promptly deliver to a bailee or agent selected by Lender Majority Lenders who is holding any such Collateral for the benefit of the Lender Lenders all originals of Documents or Instruments that which are included within the Collateral. The Company will not (whether through failure to duly perform its obligations under any contracts, instruments, and agreements that which are related to any Documents or Instruments that which are included within the Collateral, or by any written instrument, or otherwise) take or allow any action or omission that which causes any Documents or Instruments that which are included within the Collateral to become subject to any contra-accounts, setoffs, defenses, counterclaims, discounts, allowances, rebates, credits or adjustments by or available to the Persons obligated thereon. Upon request by LenderMajority Lenders, the Company will ▇m▇▇▇ each chattel paper that which is included within the Collateral with a legend indicating that such chattel paper is subject to the security interest granted by the applicable Security Document.
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