Common use of Hold Monies Clause in Contracts

Hold Monies. Lender may hold, as cash collateral, any and all balances and deposits of Borrower held by Lender, and any amounts received in the Collateral Account and Collateral Control Account, to secure the full and final repayment of all of the Obligations.

Appears in 4 contracts

Samples: Loan and Security Agreement (Visualant Inc), Loan and Security Agreement (Orange 21 Inc.), Loan and Security Agreement (Vertical Branding, Inc.)

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Hold Monies. Lender may hold, as cash collateral, any and all balances and deposits of Borrower held by Lender, and any amounts received in the Collateral Lender’s Account and Collateral Control AccountAccount(s), to secure the full and final repayment of all of the Obligations.

Appears in 2 contracts

Samples: Loan and Security Agreement (Andalay Solar, Inc.), Loan and Security Agreement (Great American Group, Inc.)

Hold Monies. Lender may hold, as cash collateral, any and all balances and deposits of Borrower held by Lender, and any amounts received in the Collateral Lender’s Account and Collateral Control AccountAccount(s), to secure the full foll and final repayment of all of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (DecisionPoint Systems, Inc.)

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Hold Monies. Lender Lenders may hold, as cash collateral, any and all balances and deposits of Borrower held by LenderLenders, and any amounts received in the Collateral Lenders’ Account and Collateral Control AccountAccount(s), to secure the full and final repayment of all of the Obligations.

Appears in 1 contract

Samples: Loan and Security Agreement (T3 Motion, Inc.)

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