Proceeds in Trust. The Debtor shall hold all proceeds in trust, separate and apart from other money, instruments or property, for the benefit of the Secured Party until all amounts owing by the Debtor to the Secured Party have been paid in full.
Appears in 3 contracts
Samples: General Security Agreement (CurrencyWorks Inc.), General Security Agreement (Northern Dynasty Minerals LTD), General Security Agreement (Maverick Minerals Corp)
Proceeds in Trust. The Debtor will and shall be deemed to hold all proceeds Proceeds in trust, separate and apart from other moneyMoney, instruments Instruments or property, for the benefit of the Secured Party until all amounts owing by the Debtor to the Secured Party have been paid in full.
Appears in 3 contracts
Samples: Line of Credit Agreement (Lucy Scientific Discovery, Inc.), Line of Credit Agreement (Lucy Scientific Discovery, Inc.), Security Agreement (3-D Geophysical Inc)
Proceeds in Trust. The Debtor will and shall be deemed to hold all proceeds in trust, separate and apart from other money, instruments or property, for the benefit of the Secured Party until all amounts owing by the Debtor to the Secured Party have been paid in full.
Appears in 2 contracts
Samples: Line of Credit and Security Agreement, www.learnlsbc.ca
Proceeds in Trust. The Debtor will and shall be deemed to hold all proceeds in trust, separate and apart from other money, instruments or property, for the benefit of the Secured Party until all amounts owing by the Debtor to the Secured Party have been paid in full.
Appears in 1 contract
Proceeds in Trust. The Debtor shall hold all proceeds in trust, separate and apart from other money, instruments or property, for the benefit of the Secured Party until all amounts owing by the Debtor to the Secured Party have been paid in full.;
Appears in 1 contract
Samples: General Security Agreement (Search by HEADLINES.COM Corp.)
Proceeds in Trust. The Upon the occurrence and during the continuance of an Event of Default, the Debtor will and shall be deemed to hold all proceeds Proceeds in trust, separate and apart from other moneyMoney, instruments Instruments or property, for the benefit of the Secured Party until all amounts owing by the Debtor to the Secured Party have been paid in full.
Appears in 1 contract
Samples: Security Agreement (West Marine Inc)
Proceeds in Trust. The Debtor shall be deemed to hold all proceeds Proceeds in trust, separate and apart from other moneyMoney, instruments Instruments or property, for the benefit of the Secured Party until all amounts owing by the Debtor to the Secured Party have been paid in full.;
Appears in 1 contract
Samples: General Security Agreement (Pacific Stratus Ventures LTD)
Proceeds in Trust. The Debtor shall hold all proceeds in trust, separate and apart from other money, instruments or property, for the benefit of the Secured Party Parties until all amounts owing by the Debtor to the Secured Party Parties have been paid in full.
Appears in 1 contract
