Common use of Proceeds Held in Trust Clause in Contracts

Proceeds Held in Trust. All proceeds from the sale or other disposition of any Collateral under this Agreement realized by the Debtor or any agent on the Debtor’s behalf shall be held in trust by the Debtor for the Secured Party.

Appears in 2 contracts

Samples: Security Agreement (Digagogo Ventures Corp), Security Agreement (Digagogo Ventures Corp)

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Proceeds Held in Trust. All proceeds Proceeds from the sale or other disposition of any Collateral under this Agreement realized by the Debtor or any agent on the Debtor’s behalf shall be held in trust by the Debtor for the Secured Party.

Appears in 1 contract

Samples: Security Agreement (Digagogo Ventures Corp)

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Proceeds Held in Trust. All proceeds from the sale or other disposition of any Collateral Property under this Agreement realized by the Debtor or any agent on the Debtor’s behalf shall will be held in trust by the Debtor for the Secured Party.

Appears in 1 contract

Samples: Broker Agreement

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