Common use of Collection of Revenues Clause in Contracts

Collection of Revenues. The parties hereto agree that all the revenues of the Company shall be collected into the Segregated Account (as defined in the Management Services Agreement) in accordance with the terms of the Management Services Agreement until it terminates (and thereafter in accordance with instructions from the Company). Notwithstanding the foregoing, those obligations under the Management Services Agreement which survive the termination thereof shall remain in full force and effect.

Appears in 3 contracts

Sources: Distribution Agreement (Onstream Media CORP), Distribution Agreement (Onstream Media CORP), Distribution Agreement (Onstream Media CORP)