Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation of an Event of Default, any Secured Party may (a) notify Account Debtors of any Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable Collateral have been assigned to such Secured Party or that such Secured Party has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable Collateral directly, and any collection costs and expenses shall constitute part of the Secured Obligations.
Appears in 15 contracts
Samples: Security Agreement (Morria Biopharmaceuticals PLC), Security Agreement (Morria Biopharmaceuticals PLC), Security Agreement (Morria Biopharmaceuticals PLC)
Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation continuance of an Event of Default, any Secured Party or Secured Party’s designee may (a) notify Account Debtors of any Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable Collateral have been assigned to such Secured Party or that such Secured Party has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable Collateral directly, and any collection costs and expenses shall constitute part of such Grantor’s Secured Obligations under the Secured ObligationsTransaction Documents.
Appears in 6 contracts
Samples: Patent Security Agreement (Implant Sciences Corp), Patent Security Agreement (Pedevco Corp), Security Agreement (Blast Energy Services, Inc.)
Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation of an Event of Default, any Secured Party may (a) notify Account Debtors of any Grantor the Borrower that the Accounts, General Intangibles, Chattel Paper or Negotiable Collateral have been assigned to such Secured Party or that such Secured Party has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable Collateral directly, and any collection costs and expenses shall constitute part of the Secured Obligations.
Appears in 3 contracts
Samples: Security Agreement (Perfect Moment Ltd.), Security Agreement (Perfect Moment Ltd.), Security Agreement (Perfect Moment Ltd.)
Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation of an Event of Default, any Secured Party may may, following delivery of advance written notice to the Grantor, (a) notify Account Debtors of any the Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable Collateral have been assigned to such Secured Party or that such Secured Party has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable Collateral directly, and any collection costs and expenses shall constitute part of the Secured Obligations.
Appears in 2 contracts
Samples: Security Agreement (ENDRA Life Sciences Inc.), Security Agreement (ENDRA Life Sciences Inc.)
Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation of an Event of Default, any Secured Party or Secured Party’s designee may (a) notify Account Debtors of any Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable Collateral have been assigned to such Secured Party Party, or that such Secured Party has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable Collateral directly, and any collection costs and expenses shall constitute part of such Grantor’s Secured Obligations under the Secured ObligationsSubordinated Note.
Appears in 2 contracts
Samples: Security Agreement (Loud Technologies Inc), Security Agreement (Loud Technologies Inc)
Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation of an Event of Default, any Secured Party or Secured Party’s designee may (a) notify Account Debtors of any Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable Collateral have been assigned to such Secured Party Party, or that such Secured Party has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable Collateral directly, and any collection costs and expenses shall constitute part of such Grantor’s Secured Obligations under the Secured ObligationsNote.
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Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation continuance of an Event of Default, any the Secured Party or the Secured Party’s designee may (a) notify Account Debtors of any Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable Collateral have been assigned to such the Secured Party or that such the Secured Party has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable Collateral directly, and any collection costs and expenses shall constitute part of the Secured Obligations.
Appears in 1 contract
Samples: Security Agreement (American Standard Energy Corp.)
Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation of an Event of Default, any Secured Party may (a) notify Account Debtors of any Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable Collateral have been assigned to such Secured Party or that such Secured Party has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable Collateral directly, and any collection costs and expenses shall constitute part of such Grantor's Secured Obligations under the Secured ObligationsPurchase Agreement.
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Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation of an Event of Default, any Secured Party or Secured Party's designee may (a) notify Account Debtors of any Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable Intangibles included in the Collateral have been assigned to such Secured Party or that such Secured Party has a security interest therein, therein and (b) collect the Accounts, General Intangibles and Negotiable Collateral directly, and any collection costs and expenses shall constitute part of the Secured ObligationsObligations under the Loan Documents.
Appears in 1 contract
Samples: Security Agreement (S&W Seed Co)
Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation of an Event of Default, any Secured Party may (a) notify Account Debtors of any the Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable Collateral have been assigned to such Secured Party or that such Secured Party has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable Collateral directly, and any collection costs and expenses shall constitute part of the Secured Obligations.
Appears in 1 contract
Samples: Security Agreement (DvineWave Inc.)
Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation of an Event of DefaultDefault has occurred and is continuing, any Secured Party or Secured Party's designee may (a) notify Account Debtors account debtors of any Grantor that the Accountsaccounts, General Intangiblesgeneral intangibles, Chattel Paper chattel paper or Negotiable Collateral of such Grantor have been assigned to such Secured Party Party, or that such Secured Party has a security interest therein, and (b) collect the Accountsaccounts, General Intangibles general intangibles and Negotiable Collateral of any Grantor directly, and any collection costs and expenses shall constitute part of the Secured Obligations.
Appears in 1 contract
Samples: Security Agreement (Innodata Inc)
Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation of an Event of Default, any the Secured Party may (a) notify Account Debtors of any Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable Collateral have been assigned to such the Secured Party or that such the Secured Party has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable Collateral directly, and any collection costs and expenses shall constitute part of the Secured Obligations.
Appears in 1 contract
Samples: Security Agreement (Workstream Inc)
Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation of an Event of Default, any the Secured Party may (a) notify Account Debtors of any Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable Collateral have been assigned to such Secured Party or that such Secured Party has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable Collateral directly, and any collection costs and expenses shall constitute part of such Grantor’s Secured Obligations under the Secured ObligationsPurchase Agreement.
Appears in 1 contract
Samples: Security Agreement (Valley Forge Composite Technologies, Inc.)
Collection of Accounts, General Intangibles and Negotiable Collateral. At any time upon the occurrence and during the continuation continuance of an Event of Default, any the Secured Party or its designee may (a) notify Account Debtors of any the Grantor that the Accounts, General Intangibles, Chattel Paper or Negotiable Collateral have been assigned to such the Secured Party or that such the Secured Party has a security interest therein, and (b) collect the Accounts, General Intangibles and Negotiable Collateral directly, and any collection costs and expenses shall constitute part of the Grantor’s Secured ObligationsObligations under the Transaction Documents.
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