Common use of Payments of Collateral Clause in Contracts

Payments of Collateral. If the Borrower shall receive from any Person any payments with respect to the Collateral (to the extent such Collateral has not been released from the Lien of the Security Documents), the Borrower shall receive such payment in trust for the Administrative Agent and the Lender, and subject to the security interest in favor of the Administrative Agent and shall immediately deposit such payment in the Trust Account.

Payments of Collateral. If the Borrower shall receive from any Person any payments with respect to the Collateral (to the extent such Collateral has not been released from the Lien of the Security DocumentsAgreement), the Borrower shall receive such payment in trust for the Administrative Agent and the LenderAgent, as secured party hereunder, and subject to the Agent’s security interest in favor of the Administrative Agent and shall immediately deposit such payment in the Trust Account.

Payments of Collateral. If the Borrower shall receive from any Person any payments with respect to the Collateral (to the extent such Collateral has not been released from the Lien of the Security Documents), the Borrower shall receive such payment in trust for the Administrative Agent and the LenderSecured Parties, and subject to the security interest in favor of the Administrative Agent and shall immediately deposit such payment in the Trust Account.

Payments of Collateral. If the Borrower shall receive from any Person any anySection 618 payments with respect to the Collateral (to the extent such Collateral has not been released from the Lien of the Security Documentsthis Agreement), the Borrower shall receive such payment in trust for the Administrative Agent and Collateral Agent, on behalf of the LenderSecured Parties, and subject to the Collateral Agent’s security interest in favor of the Administrative Agent and shall immediately deposit such payment in the Trust AccountDistribution Account as required under this Agreement.

Payments of Collateral. If the Borrower shall receive from any Person any payments with respect to the Collateral (to the extent such Collateral has not been released from the Lien of the Security Documents), the Borrower shall receive such payment in trust for the Administrative Agent and the Lender, and subject to the security interest in favor of the Administrative Agent and shall immediately deposit such payment in the Trust Account.