Common use of Assignment of Accounts Clause in Contracts

Assignment of Accounts. Pursuant to the terms herein, Customer hereby transfers and assigns to WFBC, its successors and assigns, as absolute owner, and WFBC hereby accepts from the Customer all of the Customer’s right, title and interest in and to: (a) All of the Customer’s Accounts together with all rights of action accrued or to accrue thereon, including, without limitation, full power to collect, sxx for, compromise, assign, in whole or in part, or in any other manner enforce collection thereof in Customer’s name or otherwise; and (b) All right, title and interest of the Customer in and to the books and records evidencing or relating to the Accounts, all deposits, or other security for the obligation of any person under or relating to the Accounts, all goods relating to, or which by sale have resulted in, the Accounts, including goods returned by any Account Debtor, debtor or obligor in any way obligated on or in connection with the Account including, without limitation, the Account Debtor, all rights of stoppage in transit, replevin, repossession and reclamation and all other rights of action of an unpaid vendor or lienor; and

Assignment of Accounts. Pursuant to the terms herein, Customer hereby transfers and assigns to WFBC, its successors and assigns, as absolute owner, and WFBC hereby accepts from the Customer all of the Customer’s right, title and interest in and to: (a) All of the Customer’s Accounts together with all rights of action accrued or to accrue thereon, including, without limitation, full power to collect, sxx xxx for, compromise, assign, in whole or in part, or in any other manner enforce collection thereof in Customer’s name or otherwise; and (b) All right, title and interest of the Customer in and to the books and records evidencing or relating to the Accounts, all deposits, or other security for the obligation of any person under or relating to the Accounts, all goods relating to, or which by sale have resulted in, the Accounts, including goods returned by any Account Debtor, debtor or obligor in any way obligated on or in connection with the Account including, without limitation, the Account Debtor, all rights of stoppage in transit, replevin, repossession and reclamation and all other rights of action of an unpaid vendor or lienor; andand Initial: 3.01 (c) All proceeds of the foregoing in any form.

Assignment of Accounts. Pursuant to the terms herein, Customer hereby transfers and assigns to WFBC, its successors and assigns, as absolute owner, and WFBC hereby accepts from the Customer all of the Customer’s right, title and interest in and to: (a) All of the Customer’s Accounts together with all rights of action accrued or to accrue thereon, including, without limitation, full power to collect, sxx for, compromise, assign, in whole or in part, or in any other manner enforce collection thereof in Customer’s name or otherwise; and (b) All right, title and interest of the Customer in and to the books and records evidencing or relating to the Accounts, all deposits, or other security for the obligation of any person under or relating to the Accounts, all goods relating to, or which by sale have resulted in, the Accounts, including goods returned by any Account Debtor, debtor or obligor in any way obligated on or in connection with the Account including, without limitation, the Account Debtor, all rights of stoppage in transit, replevin, repossession and reclamation and all other rights of action of an unpaid vendor or lienor; and 3.01 (c) All proceeds of the foregoing in any form.

Assignment of Accounts. Pursuant to the terms herein, Customer hereby sells, transfers and assigns to WFBC, its successors and assigns, as absolute owner, and WFBC hereby accepts from the Customer all of the Customer’s right, title and interest in and to: (a) All of the Customer’s Accounts together with all rights of action accrued or to accrue thereon, including, without limitation, full power to collect, sxx xxx for, compromise, assign, in whole or in part, or in any other manner enforce collection thereof in Customer’s name or otherwise; and (b) All right, title and interest of the Customer in and to the books and records evidencing or relating to the Accounts, all deposits, or other security for the obligation of any person under or relating to the Accounts, all goods relating to, or which by sale have resulted in, the Accounts, including goods returned by any Account Debtor, debtor or obligor in any way obligated on or in connection with the Account including, without limitation, the Account Debtor, all rights of stoppage in transit, replevin, repossession and reclamation and all other rights of action of an unpaid vendor or lienor; and 3.01 (c) All proceeds of the foregoing in any form. Triad Personnel Services, Inc., BMPS, Inc. and General Employment Enterprises, Inc. Account Purchase Agreement December 2010

Assignment of Accounts. Pursuant to the terms herein, Customer hereby sells, transfers and assigns to WFBCTri-State, its successors and assigns, as absolute owner, and WFBC Tri-State hereby accepts from the Customer all of the Customer’s right, title and interest in and to: (a) All of the Customer’s Accounts together with all rights of action accrued or to accrue thereon, including, without limitation, full power to collect, sxx xxx for, compromise, assign, in whole or in part, or in any other manner enforce collection thereof in Customer’s name or otherwise; and (b) All right, title and interest of the Customer in and to the books and records evidencing or relating to the Accounts, all deposits, or other security for the obligation of any person or entity under or relating to the Accounts, all goods relating to, or which by sale have resulted in, the Accounts, including goods returned by any Account Debtor, debtor or obligor in any way obligated on or in connection with the Account including, without limitation, the Account Debtor, all rights of stoppage in transit, replevin, repossession and reclamation and all other rights of action of an unpaid vendor or lienor; and (c) All proceeds of the foregoing in any form.

Assignment of Accounts. Pursuant to the terms herein, Customer hereby transfers and assigns to WFBC, its successors and assigns, as absolute owner, and WFBC hereby accepts from the Customer all of the Customer’s right, title and interest in and to: (a) All of the Customer’s Accounts together with all rights of action accrued or to accrue thereon, including, without limitation, full power to collect, sxx for, compromise, assign, in whole or in part, or in any other manner enforce collection thereof in Customer’s name or otherwise; and (b) All right, title and interest of the Customer in and to the books and records evidencing or relating to the Accounts, all deposits, or other security for the obligation of any person under or relating to the Accounts, all goods relating to, or which by sale have resulted in, the Accounts, including goods returned by any Account Debtor, debtor or obligor in any way obligated on or in connection with the Account including, without limitation, the Account Debtor, all rights of stoppage in transit, replevin, repossession and reclamation and all other rights of action of an unpaid vendor or lienor; and (c) All proceeds of the foregoing in any form. -3- Initial: