Common use of SEGREGATE COLLECTIONS Clause in Contracts

SEGREGATE COLLECTIONS. Require the Borrower to segregate all collections and proceeds of the Collateral so that they are capable of identification and to deliver such collections and proceeds to the Bank, in kind, without commingling, at such times and in such manner as required by the Bank.

Appears in 11 contracts

Sources: Agricultural Credit Agreement (Scheid Vineyards Inc), Term Loan Agreement (Atg Inc), Credit Agreement (Motor Cargo Industries Inc)

SEGREGATE COLLECTIONS. Require the Borrower Debtor to segregate all collections and proceeds of the Collateral so that they are capable of identification and to deliver such collections and proceeds to the Bank, in kind, without commingling, at such times and in such manner as required by the Bank.

Appears in 6 contracts

Sources: Security Agreement (Alphatec Holdings, Inc.), Security Agreement (Alphatec Holdings, Inc.), Security Agreement (Applied Signal Technology Inc)

SEGREGATE COLLECTIONS. Require the Borrower to segregate all collections and proceeds of the Collateral so that they are capable of identification and to deliver such collections and proceeds to the Bank, in kind, without commingling, at such times and in such manner mariner as required by the Bank.

Appears in 1 contract

Sources: Term Loan Agreement (Dove Audio Inc)