Common use of Proceeds to be Turned Over To Collateral Agent Clause in Contracts

Proceeds to be Turned Over To Collateral Agent. All Proceeds (including all income and payments) received by the Grantor consisting of cash, checks, notes, drafts, and other items of payment shall be held by the Grantor in trust for the Collateral Agent and the Lenders, segregated from other funds of the Grantor, and shall, if required by the Collateral Agent, forthwith upon receipt by the Grantor, be turned over to the Collateral Agent in the exact form received by the Grantor (duly endorsed by the Grantor to the Collateral Agent, if required) and held by the Collateral Agent in a Collateral Account maintained by or on behalf of, and with control by, the Collateral Agent. All Proceeds (including income and payments) while held by the Collateral Agent in a Collateral Account (or by the Grantor in trust for the Collateral Agent and the Lenders) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in Section 5.2.

Proceeds to be Turned Over To Collateral Agent. All Proceeds (including all income and payments) received by the Grantor Borrower consisting of cash, checks, notes, drafts, and other items of payment shall be held by the Grantor Borrower in trust for the Collateral Agent and the Lenders, segregated from other funds of the GrantorBorrower, and shall, if required by the Collateral Agent, forthwith upon receipt by the GrantorBorrower, be turned over to the Collateral Agent in the exact form received by the Grantor Borrower (duly endorsed by the Grantor Borrower to the Collateral Agent, if required) and held by the Collateral Agent in a Collateral Account maintained by or on behalf of, and with control by, the Collateral Agent. All Proceeds (including income and payments) while held by the Collateral Agent in a Collateral Account (or by the Grantor Borrower in trust for the Collateral Agent and the Lenders) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in Section 5.2.

Proceeds to be Turned Over To Collateral Agent. All If a Lease Event of Default shall occur and be continuing, all Proceeds (including all income and payments) received by the Grantor Pledgor consisting of cash, checks, notes, drafts, checks and other near-cash items of payment shall be held by the Grantor Pledgor in trust for the Collateral Agent and the LendersAgent, segregated from other funds of the GrantorPledgor, and shall, if required by the Collateral Agent, forthwith upon receipt by the GrantorPledgor, be turned over to the Collateral Agent in the exact form received by the Grantor Pledgor (duly endorsed indorsed by the Grantor Pledgor to the Collateral Agent, if required) and ). All Proceeds received by the Collateral Agent hereunder shall be held by the Collateral Agent in a the Collateral Account maintained by or on behalf of, under its sole dominion and with control by, the Collateral Agentcontrol. All Proceeds (including income and payments) while held by the Collateral Agent in a the Collateral Account (or by the Grantor Pledgor in trust for the Collateral Agent and the LendersSecured Parties) shall continue to be held as collateral security for all the Leveraged Lease Obligations and shall not constitute payment thereof until applied as provided in Section 5.25.3.

Proceeds to be Turned Over To Collateral Agent. All If an Event of Default shall occur and be continuing, all Proceeds (including all income and payments) received by the Grantor Borrower consisting of cash, checks, notes, drafts, checks and other near-cash items of payment shall be held by the Grantor Borrower in trust for the Collateral Agent and on behalf of the LendersSecured Parties, segregated from other funds of the GrantorBorrower, and shall, if required by the Collateral Agent, forthwith upon receipt by the GrantorBorrower, be turned over to the Collateral Agent in the exact form received by the Grantor Borrower (duly endorsed indorsed by the Grantor Borrower to the Collateral Agent, if required) and ). All Proceeds received by the Collateral Agent hereunder shall be held by the Collateral Agent in a Collateral Account maintained by or on behalf of, under its sole dominion and with control by, the Collateral Agentcontrol. All Proceeds (including income and payments) while held by the Collateral Agent in a Collateral Account (or by the Grantor Borrower in trust for the Collateral Agent and the LendersSecured Parties) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in Section 5.25.3.

Proceeds to be Turned Over To Collateral Agent. All Except as otherwise permitted pursuant to the Senior Documents, if an Event of Default shall occur and be continuing, all Proceeds (including all income and payments) received by the Grantor Borrower consisting of cash, checks, notes, drafts, checks and other near-cash items of payment shall be held by the Grantor Borrower in trust for the Collateral Agent and the Senior Lenders, segregated from other funds of the GrantorBorrower, and shall, if required by the Collateral Agent, forthwith upon receipt by the GrantorBorrower, be turned over to the Collateral Agent in the exact form received by the Grantor Borrower (duly endorsed indorsed by the Grantor Borrower to the Collateral Agent, if required) and ). All Proceeds received by the Collateral Agent hereunder shall be held by the Collateral Agent in a Collateral Account maintained by or on behalf of, under its sole dominion and with control by, the Collateral Agentcontrol. All Proceeds (including income and payments) while held by the Collateral Agent in a Collateral Account (or by the Grantor Borrower in trust for the Collateral Agent and the LendersAgent) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in Section 5.25.3.

Proceeds to be Turned Over To Collateral Agent. All If a Lease Event of Default shall occur and be continuing, all Proceeds (including all income and payments) received by the Grantor Pledgor consisting of cash, checks, notes, drafts, checks and other near-cash items of payment shall be held by the Grantor Pledgor in trust for the Collateral Agent and the LendersAgent, segregated from other funds of the GrantorPledgor, and shall, if required by the Collateral Agent, forthwith upon receipt by the GrantorPledgor, be turned over to the Collateral Agent in the exact form received by the Grantor Pledgor (duly endorsed indorsed by the Grantor Pledgor to the Collateral Agent, if required) and ). All Proceeds received by the Collateral Agent hereunder shall be held by the Collateral Agent in a Collateral Account maintained by or on behalf of, under its sole dominion and with control by, the Collateral Agentcontrol. All Proceeds (including income and payments) while held by the Collateral Agent in a Collateral Account (or by the Grantor Pledgor in trust for the Collateral Agent and the LendersSecured Parties) shall continue to be held as collateral security for all the Leveraged Lease Obligations and shall not constitute payment thereof until applied as provided in Section 5.2.