Common use of Accounts Receivables Clause in Contracts

Accounts Receivables. Each Loan Party shall collect and realise its Accounts and other monies and receipts and, save to the extent that the Agent otherwise agrees in writing or as set forth in Section 6.11, pay the proceeds of the Accounts into a Deposit Account which is either subject to a Controlled Account Agreement or is subject to a fixed charge under a UK Collateral Document.