Common use of Income and Proceeds Clause in Contracts

Income and Proceeds. The words "Income and Proceeds" mean all present and future income, proceeds. earnings, increases, and substitutions from or for the Collateral of every kind and nature, including without limitation all payments, interest, profits, distributions, benefits, rights, options, warrants, dividends, stock dividends, stock splits. stock rights. regulatory dividends. distributions, subscriptions, monies, claims for money due and to become due, proceeds of any insurance on the Collateral, shares of stock of different par value or no par value issued in substitution or exchange for shares included in the Collateral, and all other property Debtor is entitled to receive on account of such Collateral, including accounts, documents, instruments, chattel paper, and general intangibles.

Income and Proceeds. The words "Income and Proceeds" mean all present and future income, proceeds. , earnings, increases, and substitutions from or for the Collateral of every kind and nature, including without limitation all payments, interest, profits, distributions, benefits, rights, options, warrants, dividends, stock dividends, stock splits. , stock rights. , regulatory dividends. , distributions, subscriptions, monies, claims for money due and to become due, proceeds of any insurance on the Collateral, shares of stock of different par value or no par value issued in substitution or exchange for shares included in the Collateral, and all other property Debtor Grantor is entitled to receive on account of such Collateral, including accounts, documents, instruments, chattel paper, and general intangibles.

Income and Proceeds. The words "Income and Proceeds" mean all present and future income, proceeds. , earnings, increases, and substitutions from or for the Collateral of every kind and nature, including without limitation all payments, interest, profits, distributions, benefits, rights, options, warrants, dividends, stock dividends, stock splits. , stock rights. , regulatory dividends. , distributions, subscriptions, monies, claims for money due and to become due, proceeds of any insurance on the Collateralcollateral, shares of stock of different par value or no par value issued in substitution or exchange for shares included in the Collateralcollateral, and all other property Debtor Grantor is entitled to receive on account of such Collateral, including accounts, documents, instruments, chattel paper, and general intangibles.

Income and Proceeds. The words "“Income and Proceeds" ” mean all present and future income, proceeds. , earnings, increases, and substitutions from or for the Collateral of every kind and nature, including without limitation all payments, interest, profits, distributions, benefits, rights, options, warrants, dividends, stock dividends, stock splits. , stock rights. , regulatory dividends. distributions, subscriptions, monies, claims for money due clue and to become due, proceeds of any insurance on the Collateral, shares of stock of different par value or no par value issued in substitution or exchange for shares included in the Collateral, and all other property Debtor Grantor is entitled to receive on account of such Collateral, including accounts, documents, instruments, chattel paper, and general intangibles.

Income and Proceeds. The words "Income and Proceeds" mean all present and future income, proceeds. , earnings, increases, and substitutions from or for the Collateral of every kind and nature, including without limitation all payments, interestInterest, profits, distributions, benefits, rights, options, warrants, dividends, stock dividends, stock splits. , stock rights. , regulatory dividends. , distributions, subscriptions, monies, claims for money due and to become due, proceeds of any insurance Insurance on the Collateral, shares of stock of different par value or no par value issued in substitution or exchange for shares included in the Collateral, and all other property Debtor Grantor is entitled to receive on account of such Collateral, including accounts, documents, instruments, chattel paper, and general intangibles.