Dividends and Distributions Held in Trust Sample Clauses

Dividends and Distributions Held in Trust. All dividends and other distributions which are received by Grantor contrary to the provisions of this Agreement shall be received in trust for the benefit of Secured Party, shall be segregated from other funds of Grantor, and forthwith shall be paid over to Secured Party as pledged Collateral in the same form as so received (with any necessary endorsements).
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Dividends and Distributions Held in Trust. All dividends and other distributions which are received by any Grantor contrary to the provisions of Section 10(a) of this Agreement shall be received in trust for the benefit of the Agent, shall be segregated from other funds of such Grantor and forthwith shall be paid over to the Agent as Collateral in the same form as so received (with any necessary endorsements).
Dividends and Distributions Held in Trust. All dividends and other ----------------------------------------- distributions which are received by any Grantor contrary to the provisions of Section 7(a) of this Agreement shall be received in trust for the benefit of Secured Party, shall be segregated from other funds of such Grantor and forthwith shall be paid over to the Agent as Collateral in the same form as so received (with any necessary endorsements).
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by the Debtor contrary to the provisions of this Agreement shall be received in trust for the benefit of Secured Party, shall be segregated from other funds of the Debtor and forthwith shall be paid over to Secured Party as Pledged Collateral in the same form as so received (with any necessary endorsements).
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by the Company contrary to the provisions of the Credit Agreement or this Agreement shall be received in trust for the benefit of the Secured Parties, shall be segregated from other funds of the Company, and forthwith shall be paid over to the Administrative Agent as Pledged Collateral in the same form as so received (with any necessary endorsements).
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by Grantor contrary to the provisions of the Loan Agreement or this Agreement shall be received in trust for the benefit of Bank, shall be segregated from other funds of Grantor, and forthwith shall be paid over to Bank as Pledged Collateral in the same form as so received (with any necessary endorsements).
Dividends and Distributions Held in Trust. All distributions which are received by each Grantor contrary to the provisions of this Agreement shall be received in trust for the benefit of Secured Party, shall be segregated from other funds of each Grantor, and forthwith shall be paid over to Collateral Agent as Pledged Collateral in the same form as so received (with any necessary endorsements).
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Dividends and Distributions Held in Trust. All dividends and other distributions which are received by the Borrowers contrary to the provisions of Section 11.5(g)(iii)(A) above shall be received in trust for the benefit of Agent, shall be segregated from other funds of the Borrowers and forthwith shall be paid over to Agent as Collateral in the same form as so received (with any necessary endorsements) to be held as Collateral or applied to the Obligations, as Agent may elect.
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by the Borrower contrary to the provisions of the Letter Agreement or this Agreement shall be received in trust for the benefit of the Lender, shall be segregated from other funds of the Borrower, and forthwith shall be paid over to the Lender as Pledged Collateral in the same form as so received (with any necessary endorsements).
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by the Loan Parties contrary to the provisions of Section 9.2(c)(i) above shall be received in trust for the benefit of Bank, shall be segregated from other funds of the Loan Parties and forthwith shall be paid over to Bank as Collateral in the same form as so received (with any necessary endorsements) to be held as Collateral or applied to the Obligations, as Bank may elect.
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