Common use of Accounts and General Intangibles Clause in Contracts

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 (Amx Corp /Tx/), Security Agreement (Touch Tone America Inc)

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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: First Amended and Restated Security Agreement (Us Home Systems Inc), First Amended and Restated Security Agreement (Us Home Systems Inc), Pledge and Security Agreement (Ascent Assurance 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: Security Agreement (San Juan Partners LLC), Form of Security Agreement (Us Home Systems Inc /Tx)

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: Second Amended and Restated Security Agreement (Us Home Systems Inc), First Amended and Restated Security Agreement (Us Home Systems Inc)

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

Samples: Security Agreement (Micropac Industries Inc)

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Accounts and General Intangibles. Debtor will, except as otherwise provided in Subsection 6(fSection 4(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(eSection 4(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 will also covenants and agrees to take any action and/or and 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 (Dimus Partners 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 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

Samples: Second Amended and Restated Security Agreement (Us Home Systems Inc)

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