Monies Actually Received. The Corporation shall be entitled to be credited only with the actual Proceeds arising from the possession, sale or other disposition of, or realization of security on, the Collateral when received by the Lender and such actual Proceeds shall mean all amounts received in cash by the Lender upon such possession, sale or other disposition of, or realization of security on, the Collateral.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Chell Group Corp), Pledge and Security Agreement (Chell Group Corp)
Monies Actually Received. The Corporation shall be entitled to be credited only with the actual Proceeds arising from the possession, sale sale, lease or other disposition of, or realization of security on, the Collateral when received by the Lender Collateral Agent or the Receiver and such actual Proceeds shall mean all amounts received in cash by the Lender Collateral Agent or the Receiver upon such possession, sale sale, lease or other disposition of, or realization of security on, the Collateral.
Appears in 2 contracts
Samples: General Security Agreement (Hockey Co), General Security Agreement (Hockey Co)
Monies Actually Received. The Corporation shall be entitled to be credited only with the actual Proceeds arising from the possession, sale or other disposition of, or realization of security on, the Collateral when received by the Lender Collateral Agent and such actual Proceeds shall mean all amounts received in cash by the Lender Collateral Agent upon such possession, sale or other disposition of, or realization of security on, the Collateral.
Appears in 2 contracts
Samples: Securities Pledge Agreement (Hockey Co), Securities Pledge Agreement (Hockey Co)
