Common use of Bank's Ownership Rights Clause in Contracts

Bank's Ownership Rights. Borrowers have conveyed and assigned to Bank all rights they may have in the Property and the Transportation Documents, and Bank shall have the unqualified right to the possession and disposal of any and all Property and Transportation Documents.

Appears in 4 contracts

Sources: Continuing Commercial Credit Agreement (One Price Clothing Stores Inc), Credit Agreement (One Price Clothing Stores Inc), Continuing Commercial Credit Agreement (Homeplace of America Inc)