Accounts and General Intangibles. Debtor will, except as otherwise provided in Subsection 6(f), collect, at Debtor's own expense, all amounts due or to become due under each of the accounts and general intangibles. In connection with such collections, Debtor may and, at Secured Party's direction, will take such action not otherwise forbidden by Subsection 5(e) as Debtor or Secured Party may deem necessary or advisable to enforce collection or performance of each of the accounts and general intangibles. Debtor will also duly perform and cause to be performed all of its obligations with respect to the goods or services, the sale or lease or rendition of which gave rise or will give rise to each account and all of its obligations to be performed under or with respect to the general intangibles. Debtor also covenants and agrees to take any action and/or execute any documents that Secured Party may request in order to comply with the Federal Assignment of Claims Act, as amended.
Appears in 5 contracts
Samples: Security Agreement (Ascendant Solutions Inc), Security Agreement (Visual Edge Systems Inc), Security Agreement (Mobley Environmental Services Inc)
Accounts and General Intangibles. Debtor will, except as otherwise provided in Subsection 6(f6(e), collect, at Debtor's ’s own expense, all amounts due or to become due under each of the accounts and general intangibles. In connection with such collections, Debtor may and, at Secured Party's ’s direction, will take such action not otherwise forbidden by Subsection 5(e) as Debtor or Secured Party may deem necessary or advisable to enforce collection or performance of each of the accounts and general intangibles. Debtor will also duly perform and cause to be performed all of its obligations with respect to the goods or services, the sale or lease or rendition of which gave rise or will give rise to each account and all of its obligations to be performed under or with respect to the general intangibles. Debtor also covenants and agrees to take any action and/or execute any documents that Secured Party may request in order to comply with the Federal Assignment of Claims Act, as amended.
Appears in 3 contracts
Samples: Security Agreement (Us Home Systems Inc), Credit Agreement (Ascent Assurance Inc), Security Agreement (Us Home Systems Inc)
Accounts and General Intangibles. Debtor will, except as otherwise provided in Subsection 6(f8(e), collect, at Debtor's ’s own expense, all amounts due or to become due under each of the accounts and general intangibles. In connection with such collections, Debtor may and, at Secured Party's ’s direction, will take such action not otherwise forbidden by Subsection 5(e7(e) as Debtor or Secured Party may deem necessary or advisable to enforce collection or performance of each of the accounts and general intangibles. Debtor will also duly perform and cause to be performed all of its obligations with respect to the goods or services, the sale or lease or rendition of which gave rise or will give rise to each account and all of its obligations to be performed under or with respect to the general intangibles. Debtor also covenants and agrees to take any action and/or execute any documents that Secured Party may request in order to comply with the Federal Assignment of Claims Act, as amended.
Appears in 2 contracts
Samples: Security Agreement (Us Home Systems Inc), Security Agreement (Us Home Systems Inc)
Accounts and General Intangibles. Debtor will, except as otherwise provided in Subsection 6(f6(e), collect, at Debtor's own expense, all amounts due or to become due under each of the accounts and general intangibles. In connection with such collections, Debtor may and, at Secured Party's direction, will take such action not otherwise forbidden by Subsection 5(e) as Debtor or Secured Party may deem necessary or advisable to enforce collection or performance of each of the accounts and general intangibles. Debtor will also duly perform and cause to be performed all of its obligations with respect to the goods or services, the sale or lease or rendition of which gave rise or will give rise to each account and all of its obligations to be performed under or with respect to the general intangibles. Debtor also covenants and agrees to take any action and/or execute any documents that Secured Party may request in order to comply with the Federal Assignment of Claims Act, as amended.
Appears in 2 contracts
Samples: Advancing Term Credit Agreement (San Juan Partners LLC), Security Agreement (Us Home Systems Inc /Tx)
Accounts and General Intangibles. Debtor will, except as otherwise provided in Subsection 6(f6(e), collect, at Debtor's own expense, all amounts due or to become due under each of the accounts and general intangibles. In connection with such collections, Debtor may 7 8 and, at Secured Party's direction, will take such action not otherwise forbidden by Subsection 5(e) as Debtor or Secured Party may deem necessary or advisable to enforce collection or performance of each of the accounts and general intangibles. Debtor will also duly perform and cause to be performed all of its obligations with respect to the goods or services, the sale or lease or rendition of which gave rise or will give rise to each account and all of its obligations to be performed under or with respect to the general intangibles. Debtor also covenants and agrees to take any action and/or execute any documents that Secured Party may request in order to comply with the Federal Assignment of Claims Act, as amended.
Appears in 1 contract
Samples: Security Agreement (Earthcare Co)
Accounts and General Intangibles. Debtor will, except as otherwise provided in Subsection 6(f6(e), collect, at Debtor's ’s own expense, all amounts due or to become due under each of the accounts and general intangibles. In connection with such collections, Debtor may and, at Secured Party's ’s direction, will take such action not otherwise forbidden by Subsection 5(e) as Debtor or Secured Party may deem necessary or advisable to enforce collection or performance of each of the accounts and general intangibles. Debtor will also duly perform and cause to be performed all of its obligations with respect to the goods or services, the sale or lease or rendition of which gave rise or will give rise to each account and all of its obligations to be performed under or with respect to the general intangibles. Debtor also covenants and agrees to take any action and/or execute any documents that Secured Party may request in order to comply with the Federal Assignment of Claims Act, as amended.. THE FROST NATIONAL BANK 8 SECURITY AGREEMENT FORM REV. JUNE ‘01 (REVISED ARTICLE 9 CHANGES) SA-RA9.DOC
Appears in 1 contract
Accounts and General Intangibles. Debtor Grantor will, except as otherwise provided in Subsection 6(f6(e), collect, at DebtorGrantor's own expense, all amounts due or to become due under each of the accounts and general intangibles. In connection with such collections, Debtor Grantor may and, at Secured Party's direction, will take such action not otherwise forbidden by Subsection 5(e) as Debtor Grantor or Secured Party may deem necessary or advisable to enforce collection or performance of each of the accounts and general intangibles. Debtor Grantor will also duly perform and cause to be performed all of its obligations with respect to the goods or services, the sale or lease or rendition of which gave rise or will give rise to each account and all of its obligations to be performed under or with respect to the general intangibles. Debtor Grantor also covenants and agrees to take any action and/or execute any documents that Secured Party may request in order to comply with the Federal Assignment of Claims Act, as amended.
Appears in 1 contract
Accounts and General Intangibles. Debtor Borrower will, except as otherwise provided in Subsection 6(f), collect, at DebtorBorrower's own expense, all amounts due or to become due under each of the accounts and general intangibles. In connection with such collections, Debtor Borrower may and, at Secured Party's direction, will take such action not otherwise forbidden by Subsection 5(e) as Debtor Borrower or Secured Party may deem necessary or advisable to enforce collection or performance of each of the accounts and general intangibles. Debtor Borrower will also duly perform and cause to be performed all of its obligations with respect to the goods or services, the sale or lease or rendition of which gave rise or will give rise to each account and all of its obligations to be performed under or with respect to the general intangibles. Debtor Borrower also covenants and agrees to take any action and/or execute any documents that Secured Party may request in order to comply with the Federal Assignment of Claims Act, as amended.
Appears in 1 contract
Samples: Security Agreement (Canmax Inc /Wy/)