Income and Proceeds from the Collateral. Lender may receive all Income and Proceeds and add it to the Collateral. Grantor agrees to deliver to Lender immediately upon receipt, in the exact form received and without commingling with other property, all Income and Proceeds from the Collateral which may be received by, paid, or delivered to Grantor or for Grantor's account, whether as an addition to, in discharge of, in substitution of, or in exchange for any of the Collateral.
Appears in 3 contracts
Samples: Pledge Agreement (Granite Falls Energy, LLC), Business Loan Agreement (Coast Financial Holdings Inc), Commercial Pledge Agreement (Safe Auto Group, Inc.)
Income and Proceeds from the Collateral. Lender may receive all Income and Proceeds and add it to the Collateral. Grantor agrees to deliver to Lender immediately upon receipt, in the exact form received and without commingling with other property, all Income and Proceeds from the Collateral which may be received by, paid, or delivered to Grantor or for Grantor's ’s account, whether as an addition to, in discharge of, in substitution of, or in exchange for any of the Collateral.
Appears in 2 contracts
Samples: Commercial Pledge Agreement (Zimmer Alan M), Commercial Pledge Agreement (Zimmer Alan M)
Income and Proceeds from the Collateral. Lender may receive all Income income and Proceeds and add it to the Collateral. Grantor agrees to deliver to Lender immediately upon receipt, in the exact form received and without commingling with other property, all Income income and Proceeds from the Collateral which may be received by, paid, or delivered to Grantor or for Grantor's account, whether as an addition to, in discharge of, in substitution of, or in exchange for any of the Collateral.
Appears in 1 contract
Samples: Commercial Pledge Agreement (Osborne Richard M Trust)
