Common use of Collection of Rights to Payment Clause in Contracts

Collection of Rights to Payment. Until the Agent exercises its rights hereunder to collect Rights to Payment, Grantors shall endeavor in the first instance diligently to collect all amounts due or to become due on or with respect to the Rights to Payment. At the request of the Agent, upon and after the occurrence and during the continuance of any Event of Default, all remittances received by any or all Grantors shall be held in trust for the Agent and, in accordance with the Agent's instructions, remitted to the Agent or deposited to an account with the Agent in the form received (with any necessary endorsements or instruments of assignment or transfer).

Collection of Rights to Payment. Until the Agent exercises its rights hereunder to collect Rights to Payment, Grantors each Grantor shall endeavor in the first instance diligently to collect all amounts due or to become due on or with respect to the Rights to Payment. At the request of the Agent, upon and after the occurrence and during the continuance of any Event of Default, all remittances received by any or all Grantors such Grantor shall be held in trust for the Agent and, in accordance with the Agent's instructions, remitted to the Agent or deposited to an account with the Agent in the form received (with any necessary endorsements or instruments of assignment or transfer).

Collection of Rights to Payment. Until the Agent exercises its ------------------------------- rights hereunder to collect Rights to Payment, Grantors the Grantor shall endeavor in the first instance diligently to collect all amounts due or to become due on or with respect to the Rights to Payment. At the request of the Agent, upon and after the occurrence and during the continuance of any Event of Default, all remittances received by any or all Grantors the Grantor shall be held in trust for the Agent and, in accordance with the Agent's instructions, remitted to the Agent or deposited to an account with the Agent in the form received (with any necessary endorsements or instruments of assignment or transfer).

Collection of Rights to Payment. Until the Agent exercises its rights hereunder to collect Rights to Payment, the Grantors shall endeavor in the first instance diligently to collect all amounts due or to become due on or with respect to the Rights to Payment. At the request of the Agent, upon Upon and after the occurrence and during the continuance of any Event of Default, all remittances received by any or all Grantors Grantor shall be held in trust for the Agent and, in accordance with the Agent's instructions, remitted to the Agent or deposited to an account with the Agent in the form received (with any necessary endorsements or instruments of assignment or transfer).