Common use of Markings on the Collateral Clause in Contracts

Markings on the Collateral. At Agent's request at any time during the Tern of the Loan (including any extension thereof), Borrower shall place in a conspicuous location on each item of Financed Equipment a plaque or outer marking to be supplied by Lenders which reads substantially as follows; MMC/GATX PARTNERSHIP NO. I, as Agent for Lenders, Lienholder. Such plaque or other marking shall not be removed (or if removed or damaged such plaque or other marking shall be replaced) until the security interest in favor of Agent in such item of Collateral is terminated pursuant to this Agreement.

Appears in 1 contract

Sources: Loan and Security Agreement (Colo Com)

Markings on the Collateral. At Agent's request at any time during the Tern Term of the Loan (including any extension thereof)) and after the occurrence of an Event of Default, Borrower shall place in a conspicuous location on each item of Financed Equipment a plaque or outer other marking to be supplied by Lenders which reads substantially as follows; MMC/: GATX PARTNERSHIP NO. IVENTURES, INC., as Agent for Lenders, Lienholder. Such plaque or other marking shall not be removed (or if removed or damaged such plaque or other marking shall be replaced) until the security interest in favor of Agent in such item of Collateral is terminated pursuant to this Agreement.

Appears in 1 contract

Sources: Equipment Loan and Security Agreement (Egenera, Inc.)

Markings on the Collateral. At Agent's ’s request at any time during the Tern Term of the Loan (including any extension thereof), Borrower shall place in a conspicuous location on each item of Financed Equipment a plaque or outer other marking to be supplied by Lenders which reads substantially as follows; MMC/: GATX PARTNERSHIP NOVENTURES, INC. Iand TRANSAMERICA TECHNOLOGY FINANCE CORPORATION, as Agent for Lenders, LienholderLienholders. Such plaque or other marking shall not be removed (or if removed or damaged such plaque or other marking shall be replaced) until the security interest in favor of Lenders and Agent in such item of Collateral is terminated pursuant to this Agreement.

Appears in 1 contract

Sources: Equipment Loan and Security Agreement (Renovis Inc)

Markings on the Collateral. At Agent's ’s request at any time during the Tern Term of the Loan (including any extension thereof), Borrower shall place in a conspicuous location on each item of Financed Equipment a plaque or outer other marking to be supplied by Lenders which reads substantially as follows; MMC/: GATX PARTNERSHIP NOVENTURES, INC. Iand TRANSAMERICA COMMERCIAL FINANCE CORPORATION, as Agent for Lenders, LienholderLienholders. Such plaque or other marking shall not be removed (or if removed or damaged such plaque or other marking shall be replaced) until the security interest in favor of Agent Lenders in such item of Collateral is terminated pursuant to this Agreement.

Appears in 1 contract

Sources: Equipment Loan and Security Agreement (Renovis Inc)