Common use of LICENSE TO COLLECT Clause in Contracts

LICENSE TO COLLECT. Subject to Beneficiary's rights under ------------------ Article XI, Trustee and Beneficiary hereby confer upon Trustor a revocable, non- exclusive license to collect and retain the Rents as they become due and payable.

Appears in 1 contract

Sources: Deed of Trust, Assignment of Leases and Rents, and Security Agreement (Mikohn Gaming Corp)

LICENSE TO COLLECT. Subject to Beneficiary's rights under ------------------ Article XISection 11, Trustee and Beneficiary hereby confer upon Trustor a revocable, non- exclusive license to collect and retain the Rents as they become due and payable.

Appears in 1 contract

Sources: Deed of Trust, Assignment of Leases and Rents, and Security Agreement (Mikohn Gaming Corp)