Common use of Markings on the Collateral Clause in Contracts

Markings on the Collateral. If requested at any time by Lender, Borrower shall place in a conspicuous location on each item of Collateral a notice (to be supplied by Lender) which reads as follows: Such notice shall not be removed (or if removed or damaged such notice shall be replaced) until the security interest in favor of Lender in such item of Collateral is terminated pursuant to this Agreement.

Appears in 2 contracts

Sources: Equipment Loan and Security Agreement (Metabasis Therapeutics Inc), Equipment Loan and Security Agreement (Atheros Communications Inc)