Accounts Collection. At any time from the date of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 27 contracts
Samples: Loan and Security Agreement (Sequus Pharmaceuticals Inc), Loan and Security Agreement (Franklin Ophthalmic Instruments Co Inc), Loan and Security Agreement (Marimba Inc)
Accounts Collection. At any time from during the date term of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 16 contracts
Samples: Loan and Security Agreement (Chordiant Software Inc), Loan and Security Agreement (Us Search Corp Com), Loan and Security Agreement (Novatel Wireless Inc)
Accounts Collection. At any time from the date of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and and, if requested or required by Bank, immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 5 contracts
Samples: Loan and Security Agreement (Integrated Packaging Assembly Corp), Loan and Security Agreement (E Loan Inc), Revolving Credit and Security Agreement (Avanex Corp)
Accounts Collection. At any time from during the date term of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's ’s security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's ’s trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 5 contracts
Samples: Loan and Security Agreement (Hireright Inc), Loan and Security Agreement (Cardiodynamics International Corp), Loan and Security Agreement (Motive Inc)
Accounts Collection. At any time from the date of this ------------------- Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 5 contracts
Samples: Loan Modification Agreement (Quicklogic Corporation), Revolving Loan and Security Agreement (Iprint Technologies Inc), Loan and Security Agreement (Onsale Inc)
Accounts Collection. At any time from the date of this Agreement, ------------------- Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Upon the occurrence and during the continuation of an Event of Default, Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Inktomi Corp), Loan and Security Agreement (Verisity LTD)
Accounts Collection. At any time from the date of this ------------------- Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Upon the occurrence and during the continuation of an Event of Default, Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Inktomi Corp), Loan and Security Agreement (Inktomi Corp)
Accounts Collection. At any time from during the date term of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's ’s security interest in such funds and verify the amount of such Account. Upon the occurrence and during the continuance of an Event of Default, Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's ’s trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Patient Infosystems Inc), Loan and Security Agreement (Auxilium Pharmaceuticals Inc)
Accounts Collection. At any time from during the date term of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's Banks trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Bridgepoint Education Inc), Loan and Security Agreement (Bridgepoint Education Inc)
Accounts Collection. At any time from the date of this ------------------- Agreement, Bank may notify any Person person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Jetfax Inc), Loan and Security Agreement (Jetfax Inc)
Accounts Collection. At any time from the date of this Agreement, ------------------- Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Corsair Communications Inc), Loan and Security Agreement (Curon Medical Inc)
Accounts Collection. At any time from the date of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Upon the occurrence and during the continuance of an Event of Default, Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 2 contracts
Samples: Loan and Security Agreement (Infoseek Corp), Loan and Security Agreement (Invision Technologies Inc)
Accounts Collection. At any time from during the date term of this ------------------- Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Upon the occurrence and during the continuance of an Event of Default, Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Samples: Loan and Security Agreement (Egain Communications Corp)
Accounts Collection. At any time from during the date term of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's ’s security interest in such funds and verify the amount of such Account. At any time after and during the continuance of an Event of Default and upon request of Bank, Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's ’s trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
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Accounts Collection. At any time from during the date term of this ------------------- Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
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Accounts Collection. At any time from during the date term of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's ’s security interest in such funds and verify the amount of such Account. After the occurrence and during the continuance of an Event of Default, Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's ’s trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Accounts Collection. At any time from the date of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and and, if requested or required by Bank, immediately deliver such payments to Bank in their original form as received from the account debtorAccount Debtor, with proper property endorsements for deposit.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Com21 Inc)
Accounts Collection. At any time from during the date term of this Agreement, Bank may notify any Person owing funds to a Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Samples: Loan and Security Agreement (Seebeyond Technology Corp)
Accounts Collection. At any time from the date of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Upon the occurrence and during the continuation of an Event of Default, Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
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Accounts Collection. At any time from during the date term of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's Banks security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's Banks trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Samples: Loan and Security Agreement (Reliant Technologies Inc)
Accounts Collection. At any time from the date of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. After the occurrence and during the continuance of an Event of Default, Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
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Accounts Collection. At any time from rime during the date term of this ------------------- Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Accounts Collection. At any time from the date of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and and, if requested or required by Bank, immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements endorsement for deposit.
Appears in 1 contract
Accounts Collection. At any time from on or after the date of this Agreement, Bank may notify any Person owing funds to any Borrower of Bank's security interest in such funds and verify the amount of funds. Upon such Account. notification, each Borrower shall collect all amounts owing to that Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Accounts Collection. At any time from during the date term of this Agreement, Bank may notify any Person owing funds to a Borrower of Bank's ’s security interest in such funds and verify the amount of such Account. Upon the occurrence and during the continuance of an Event of Default that has been declared in writing by Bank Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's ’s trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Accounts Collection. At any time from during the date term of this Agreement, Bank may notify any Person owing funds to any Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower Borrowers shall collect all amounts owing to Borrower Borrowers for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Accounts Collection. At any time from the date of this AgreementAgreement and ---- ------------------- upon the occurrence and during the continuation of an Event of Default, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and and, if requested or required by Bank, immediately deliver such payments to Bank in their original form as received from the account debtorAccount Debtor, with proper endorsements for deposit.
Appears in 1 contract
Accounts Collection. At any time from during the date term of this Loan Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Accounts Collection. At any time from the date of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Upon the occurrence and during the continuance of an Event of Default, Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.. 9.4
Appears in 1 contract
Samples: Loan and Security Agreement (Invision Technologies Inc)
Accounts Collection. At any time from the date of this Agreement, Bank may notify any Person person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Samples: Loan and Security Agreement (Yieldup International Corp)
Accounts Collection. At any time from during the date term of this Agreement, Bank may notify any Person owing funds to a Borrower of Bank's ’s security interest in such funds and verify the amount of such Account. Each Borrower shall collect all amounts owing to such Borrower for Bank, receive in trust all payments as Bank's ’s trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Samples: Loan and Security Agreement (Concur Technologies Inc)
Accounts Collection. At any time from the date of this Agreement, Bank may notify any Person owing funds to Borrower Borrowers of Bank's security interest in such funds and verify the amount of such Account. Borrower Borrowers shall collect all amounts owing to Borrower Borrowers for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Accounts Collection. At any time from the date of this ------------------- Agreement, Bank may notify any Person owing funds to a Borrower of Bank's security interest in such funds and verify the amount of such Account. Each Borrower shall collect all amounts owing to such Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Accounts Collection. At any time from during the date term of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's ’s security interest in such funds and verify the amount of such Account. Following an Event of Default and during the continuance thereof, Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's ’s trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Samples: Loan and Security Agreement (Wj Communications Inc)
Accounts Collection. At any time from the date of this Agreement, Bank may notify notify, any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.
Appears in 1 contract
Accounts Collection. At any time from the date of this Agreement, Bank may notify any Person owing funds to Borrower of Bank's security interest in such funds and verify the amount of such Account. Borrower shall collect all amounts owing to Borrower for Bank, receive in trust all payments as Bank's trustee, and immediately deliver such payments to Bank in their original form as received from the account debtor, with proper endorsements for deposit.. 9.4
Appears in 1 contract