Common use of Adjustments and Distributions Clause in Contracts

Adjustments and Distributions. If an Event of Default has occurred and continues, all payments and distributions of any nature pertaining to the Collateral shall be delivered to Rxxxxx to be applied toward payment of the Obligations. If any of the Collateral is converted into another type of property or if any money or other proceeds are paid or delivered to or for credit to the account of any of the NGC Parties as a result of that party’s rights in the Collateral, all of that property, money, and other proceeds are part of the Collateral. After an Event of Default, the NGC Parties will immediately pay and deliver all property, money, and other proceeds of Collateral that they have or have received to Rxxxxx, and the NGC Parties shall take all other steps necessary to ensure Rxxxxx has control over the Collateral. In this event, and if Rxxxxx so requests, the NGC Parties will promptly endorse or assign all other property and proceeds that are included in the Collateral to Rxxxxx and deliver to Rxxxxx all proceeds that require perfection by possession under the UCC and that Rxxxxx does not already have. If any of this property requires any additional security agreement, financing statement, or other writing to create or perfect a security interest in favor of Rxxxxx, the NGC Parties shall promptly execute and deliver or cause to be executed and delivered to Rxxxxx any document or instrument Rxxxxx deems is reasonably necessary or proper for those purposes. Rxxxxx shall not be liable for any error, omission, or delay occurring in the settlement, collection, or payment related to the Collateral or of any property or instrument received pursuant to this ARSA.

Adjustments and Distributions. If an Event of Default has occurred and continues, all payments and distributions of any nature pertaining to the Collateral shall be delivered to Rxxxxx Xxxxxx to be applied toward payment of the Obligations. If any of the Collateral is converted into another type of property or if any money or other proceeds are paid or delivered to or for credit to the account of any of the NGC Parties LEI as a result of that partyParty’s rights in the Collateral, all of that property, money, and and/or other proceeds are part of the Collateral. After an Event of Default, the NGC Parties LEI will immediately pay and deliver all property, money, and other proceeds of Collateral that they have it has or have has received to RxxxxxXxxxxx, and the NGC Parties LEI shall take all other steps necessary to ensure Rxxxxx Xxxxxx has control over the Collateral. In this event, and if Rxxxxx Xxxxxx so requests, the NGC Parties LEI will promptly endorse or assign all other property and proceeds that are included in the Collateral to Rxxxxx Xxxxxx and deliver to Rxxxxx Xxxxxx all proceeds that require perfection by possession under the UCC and that Rxxxxx Xxxxxx does not already have. If any of this property requires any additional security agreement, financing statement, or other writing to create or perfect a security interest in favor of RxxxxxXxxxxx, the NGC Parties XXX shall promptly execute and deliver or cause to be executed and delivered to Rxxxxx Xxxxxx any document or instrument Rxxxxx Xxxxxx deems is reasonably necessary or proper for those purposes. Rxxxxx Xxxxxx shall not be liable for any error, omission, or delay occurring in the settlement, collection, or payment related to the Collateral or of any property or instrument received pursuant to this ARSASecurity Agreement.

Adjustments and Distributions. If an Event of Default has occurred ------------------------------ and continues, all payments and distributions of any nature pertaining to the Collateral shall be delivered to Rxxxxx Lender to be applied toward payment of the Obligations. If any of the Collateral is converted into another type of property or if any money or other proceeds are paid or delivered to or for credit to the account of any of the NGC Parties or BHG as a result of that party’s either of their rights in the Collateral, all of that property, money, and other proceeds are part of the Collateral. After an Event of Default, the NGC Parties and BHG will immediately pay and deliver all property, money, and other proceeds of Collateral that they have either of them has or have has received to RxxxxxLender, and the NGC Parties and BHG shall take all other steps necessary to ensure Rxxxxx Lender has control over the Collateral. In this event, and if Rxxxxx Lender so requests, the NGC Parties and BHG will promptly endorse or assign all other property and proceeds that are included in the Collateral to Rxxxxx Lender and deliver to Rxxxxx Lender all proceeds that require perfection by possession under the UCC and that Rxxxxx Lender does not already have. If any of this property requires any additional security agreement, financing statement, or other writing to create or perfect a security interest in favor of RxxxxxLender, the NGC Parties and BHG shall promptly execute and deliver or cause to be executed and delivered to Rxxxxx Lender any document or instrument Rxxxxx Lender deems is reasonably necessary or proper for those purposes. Rxxxxx Lender shall not be liable for any error, omission, or delay occurring in the settlement, collection, or payment related to the IC-BH Interest or the Collateral or of any property or instrument received pursuant to this ARSA.

Adjustments and Distributions. If an Event of Default has occurred and continues, all payments and distributions of any nature pertaining to the Collateral shall be delivered to Rxxxxx Lender to be applied toward payment of the Obligations. If any of the Collateral is converted into another type of property or if any money or other proceeds are paid or delivered to or for credit to the account of any of the NGC Parties or BHG as a result of that party’s either of their rights in the Collateral, all of that property, money, and other proceeds are part of the Collateral. After an Event of Default, the NGC Parties and BHG will immediately pay and deliver all property, money, and other proceeds of Collateral that they have either of them has or have has received to RxxxxxLender, and the NGC Parties and BHG shall take all other steps necessary to ensure Rxxxxx Lender has control over the Collateral. In this event, and if Rxxxxx Lender so requests, the NGC Parties and BHG will promptly endorse or assign all other property and proceeds that are included in the Collateral to Rxxxxx Lender and deliver to Rxxxxx Lender all proceeds that require perfection by possession under the UCC and that Rxxxxx Lender does not already have. If any of this property requires any additional security agreement, financing statement, or other writing to create or perfect a security interest in favor of RxxxxxLender, the NGC Parties and BHG shall promptly execute and deliver or cause to be executed and delivered to Rxxxxx Lender any document or instrument Rxxxxx Lender deems is reasonably necessary or proper for those purposes. Rxxxxx Lender shall not be liable for any error, omission, or delay occurring in the settlement, collection, or payment related to the IC-BH Interest or the Collateral or of any property or instrument received pursuant to this ARSA1/06 SA.