Common use of Collection of Accounts and Proceeds of Collateral Clause in Contracts

Collection of Accounts and Proceeds of Collateral. To expedite collection, Borrower shall endeavor in the first instance to make collection of Borrower's Accounts for Agent and Lenders. All Payment Items received by Borrower in respect of its Accounts, together with the proceeds of any other Collateral, shall be held by Borrower as trustee of an express trust for Agent's benefit and shall immediately deposit same in kind into the Dominion Account. Agent retains the right at all times after the occurrence of a Default or an Event of Default to notify Account Debtors of Borrower that Accounts have been assigned to Agent and to collect Accounts directly in its own name and to charge to Borrower the collection costs and expenses, incurred by Agent or Lenders, including reasonable attorneys' fees.

Collection of Accounts and Proceeds of Collateral. To expedite collection, Borrower Borrowers shall endeavor in the first instance to make collection of Borrower's Borrowers’ Accounts for Agent and Lenders. All Payment Items received by any Borrower in respect of its Accounts, together with the proceeds of any other Collateral, shall be held by such Borrower as trustee of an express trust for Agent's ’s benefit and shall immediately deposit same in kind into the Dominion Account. Agent retains the right at all times after the occurrence of that a Default or an Event of Default exists to notify Account Debtors of each Borrower that Accounts have been assigned to Agent and to collect Accounts directly in its own name and to charge to Borrower Borrowers the collection costs and expenses, incurred by Agent or Lenders, including reasonable attorneys' ’ fees.

Collection of Accounts and Proceeds of Collateral. To ------------------------------------------------- expedite collection, Borrower Borrowers shall endeavor in the first instance to make collection of Borrower's their Accounts for Agent and Lenders. All Payment Items received by any Borrower in respect of its Accounts, together with the proceeds of any other Collateral, shall be held by such Borrower as trustee of an express trust for Agent's benefit and shall immediately deposit same in kind into the its Dominion Account. Agent retains the right at all times after the occurrence of a Default or an Event of Default to notify Account Debtors of each Borrower that Accounts have been assigned to Agent and to collect Accounts directly in its own name and to charge to Borrower Borrowers the collection costs and expenses, incurred by Agent or Lenders, including reasonable attorneys' fees.

Collection of Accounts and Proceeds of Collateral. To expedite collection, Borrower Borrowers shall endeavor in the first instance to make collection of Borrower's Borrowers' Accounts for Agent and Lenders. All Payment Items received by any Borrower in respect of its Accounts, together with the proceeds of any other Collateral, shall be held by such Borrower as trustee of an express trust for Agent's benefit and shall immediately deposit same in kind into in the Dominion Account. Agent retains the right at all times after the occurrence of a Default or an Event of Default to notify Account Debtors of each Borrower that Accounts have been assigned to Agent and to collect Accounts directly in its own name and to charge to Borrower Borrowers the collection costs and expenses, incurred by Agent or Lenders, including reasonable attorneys' fees.