Common use of Deposits into Collateral Account Clause in Contracts

Deposits into Collateral Account. Each Pledgor shall deposit into the Collateral Account from time to time (A) the cash proceeds of any of the Pledged Collateral or any Mortgaged Property pursuant to any disposition thereof in accordance with Section 10.05 of the Credit Agreement, (B) the cash proceeds of any Taking or Destruction or loss of title with respect to any Pledged Collateral or Mortgaged Property, (C) any cash in respect of any Pledged Collateral to which the Collateral Agent is entitled pursuant to Section 6.2 hereof, (D) any amounts such Pledgor is required to pledge as additional collateral security hereunder pursuant to the Credit Documents, (E) cash proceeds of any of the Pledged Collateral received by Collateral Agent pursuant to the provisions of any Credit Document and (F) any other amounts that such Pledgor desires to pledge to the Collateral Agent for the benefit of the Secured Parties as additional collateral security hereunder.

Appears in 1 contract

Samples: Security Agreement (Colony Rih Acquisitions Inc)

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Deposits into Collateral Account. Each Pledgor shall deposit into the Collateral Account from time to time (A) after the occurrence of a Default, the cash proceeds of any of the Pledged Collateral or any Mortgaged Property (including pursuant to any disposition thereof in accordance with Section 10.05 thereof) to the extent contemplated by Sections 2.13(b)(ii) and 2.13(e)(ii) of the Credit Agreement, (B) the cash proceeds of any Taking or Destruction or loss of title with respect to any Pledged Collateral or Mortgaged Property, (C) any cash in respect of any Pledged Collateral to which the Collateral Agent is entitled pursuant to Section 6.2 hereof, (DC) any such amounts that such Pledgor is required to pledge as additional collateral security hereunder pursuant to the Credit Documents, (E) cash proceeds of any of the Pledged Collateral received by Collateral Agent pursuant to the provisions of any Credit Document Loan Documents and (FD) any other amounts that such Pledgor desires to pledge to the Collateral Agent for the benefit of the Secured Parties as additional collateral security hereunder.

Appears in 1 contract

Samples: Landlord Access Agreement (Sola International Inc)

Deposits into Collateral Account. Each Pledgor shall deposit into the Collateral Account from time to time (A) after the occurrence of a Default, the cash proceeds of any of the Pledged Collateral or any Mortgaged Property (including pursuant to any disposition thereof in accordance with Section 10.05 of the Credit Agreementthereof), (B) after the occurrence of a Default, the cash proceeds of any Taking or Destruction or loss of title with respect to any Pledged Collateral or Mortgaged PropertyCollateral, (C) any cash in respect of any Pledged Collateral to which the Collateral Agent is entitled pursuant to Section 6.2 hereof, (D) any such amounts that such Pledgor is required to pledge as additional collateral security hereunder pursuant to the Credit Documents, Loan Documents and (E) cash proceeds of any of the Pledged Collateral received by Collateral Agent pursuant to the provisions of any Credit Document and (F) any other amounts that such Pledgor desires to pledge to the Collateral Agent for the benefit of the Secured Parties as additional collateral security hereunder.

Appears in 1 contract

Samples: Credit Agreement (Sola International Inc)

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Deposits into Collateral Account. Each Pledgor shall deposit into the Collateral Account from time to time (A) the cash proceeds of any of the Pledged Collateral or any Mortgaged Property (including pursuant to any disposition thereof in accordance with Section 10.05 of the Credit Agreementthereof), (B) the cash proceeds of any Taking or Destruction or loss of title with respect to any Pledged Collateral or Mortgaged Property, (C) any cash in respect of any Pledged Collateral to which the Collateral Agent is entitled pursuant to Section 6.2 hereof, (D) any amounts cash such Pledgor is required to pledge as additional collateral security hereunder pursuant to the Credit Documents, Loan Documents and (E) cash proceeds of any of the Pledged Collateral received by Collateral Agent pursuant to the provisions of any Credit Document and (F) any other amounts that such Pledgor desires to pledge to the Collateral Agent for the benefit of the Secured Parties as additional collateral security hereunder. Each Pledgor shall execute a Control Agreement with respect to the Collateral Account upon the Collateral Agent's request.

Appears in 1 contract

Samples: And Restated Security Agreement (Actuant Corp)

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