ABSOLUTE ASSIGNMENT OF REMITTANCES. In addition to the security interest granted in Section 6.0, Borrower hereby absolutely assigns to Lender Borrower's interest in and right to all Remittances arising on or after the date of this Agreement, and such Remittances shall be the property solely of Lender.
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Samples: Registration Rights Agreement (General Acceptance Corp /In/), Motor Vehicle Installment Contract Loan and Security Agreement (Ugly Duckling Corp), Motor Vehicle Installment Contract Loan and Security Agreement (TFC Enterprises Inc)
ABSOLUTE ASSIGNMENT OF REMITTANCES. In addition to the security interest granted in Section 6.0, Borrower hereby absolutely assigns to Lender Borrower's interest in and right to all Remittances arising on or after the date of this Agreement, and such Remittances shall be the property solely of LenderLender and shall be applied by Lender to the Indebtedness. Section 8.2.
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