Immediately upon Borrower. s receipt of proceeds from the sale of any of the Collateral, Borrower shall deliver such proceeds to Lender in their original form and, pending delivery to Lender, Borrower will hold such proceeds as agent for Lender and in trust for Lender.
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Samples: Loan Agreement (Mego Financial Corp)
Immediately upon Borrower. s receipt of proceeds from the -------- sale of any of the CollateralCollateral (other than the Financed Notes Receivable or Pledged Documents), Borrower shall deliver such proceeds to Lender in their original form and, and pending delivery to Lender, . Borrower will hold such proceeds as agent for Lender and in trust for Lender.
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Samples: Loan and Security Agreement (Signature Resorts Inc)
Immediately upon Borrower. s receipt of proceeds from the -------- sale of any of the Collateral, Borrower shall deliver such proceeds to Lender in their original form and, pending delivery to Lender, Borrower will hold such proceeds as agent for Lender and in trust for Lender.
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Immediately upon Borrower. s receipt of proceeds from the sale of any of the Collateral, Borrower shall deliver such proceeds to Lender Agent for the benefit of Lenders in their original form and, pending delivery to LenderAgent, Borrower will hold such proceeds as agent for Lender Agent and for the benefit of and in trust for LenderLenders.
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