Common use of PROCEEDS AND COLLECTIONS Clause in Contracts

PROCEEDS AND COLLECTIONS. All Receipts and all cash proceeds of any sale or other disposition of any of each Borrower's assets:

Appears in 3 contracts

Sources: Loan and Security Agreement (Drugmax Inc), Loan and Security Agreement (Jacobson Stores Inc), Loan Agreement (World of Science Inc)

PROCEEDS AND COLLECTIONS. (i) All Receipts and all cash proceeds of any sale or other disposition of any of each Borrower's assets:

Appears in 1 contract

Sources: Loan Agreement (Natural Wonders Inc)