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

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender specified in Section 6.1 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, all Proceeds received by any Grantor consisting of cash, checks and other near-cash items shall be held by such Grantor in trust for the Lender, segregated from other funds of such Grantor, and shall, forthwith upon receipt by such Grantor, be turned over to the Lender in the exact form received by such Grantor (duly indorsed by such Grantor to the Lender, if required). All Proceeds received by the Lender hereunder shall be held by the Lender in a Collateral Account maintained under its sole dominion and control. All Proceeds while held by the Lender in a Collateral Account (or by such Grantor in trust for the Lender) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in Section 6.5.

Proceeds to be Turned Over To Lender. In If an Event of Default shall occur and be continuing, in addition to the rights of the Lender specified in Section 6.1 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, all Proceeds received by any Grantor consisting of cash, checks and other near-cash items shall be held by such Grantor in trust for the Lender, segregated from other funds of such Grantor, Lender and shall, forthwith upon receipt by such GrantorGrantor and upon the request of Lender, be turned over to the Lender in the exact form received by such Grantor (duly indorsed by such Grantor to the Lender, if required). All Proceeds received by the Lender hereunder shall be held by the Lender it in a Collateral Account maintained under its sole dominion and control. All Proceeds while held by the Lender in a Collateral Account (or by such Grantor in trust for the Lender and the Lender) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in Section 6.5.

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender and the Secured Parties specified in Section 6.1 5.1 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, all Proceeds received by any Grantor consisting of cash, checks and other near-cash items Instruments shall be held by such Grantor in trust for the LenderLender and the Secured Parties, segregated from other funds of such Grantor, and upon request by the Lender shall, forthwith upon receipt by such Grantor, be turned over to the Lender in the exact form received by such Grantor (duly indorsed by such Grantor to the Lender, if required). All Proceeds received by the Lender hereunder shall be held by the Lender in a Collateral Account maintained under its sole dominion and controlcontrol which shall bear interest for the account of the relevant Grantor. All Proceeds while held by the Lender in a Collateral Account (or by such Grantor in trust for the LenderLender and the Secured 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 6.55.4.

Proceeds to be Turned Over To Lender. In addition to the rights ------------------------------------ of the Lender specified in Section 6.1 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, all Proceeds received by any Grantor consisting of cash, checks and other near-cash items shall be held by such Grantor in trust for the Lender, segregated from other funds of such Grantor, and shall, forthwith upon receipt by such Grantor, be turned over to the Lender in the exact form received by such Grantor (duly indorsed by such Grantor to the Lender, if required). All Proceeds received by the Lender hereunder shall be held by the Lender in a Collateral Account maintained under its sole dominion and control. All Proceeds while held by the Lender in a Collateral Account (or by such Grantor in trust for the Lender) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in Section 6.5.

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender specified in Section 6.1 5.3 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, continuing all Proceeds received by any Grantor the Borrower consisting of cash, checks and other near-cash items shall be held by such Grantor the Borrower in trust for the Lender, segregated from other funds of such Grantorthe Borrower, and shall, forthwith upon receipt by such Grantorthe Borrower, be turned over to the Lender in the exact form received by such Grantor the Borrower (duly indorsed by such Grantor the Borrower to the Lender, if required). All Proceeds received by the Lender hereunder shall be ) and held by the Lender in a Collateral Account maintained under its the sole dominion and control. All Proceeds while held by the Lender in a Collateral Account (or by such Grantor the Borrower in trust for the Lender) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in Section 6.59.3.

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender specified in Section 6.1 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, all Proceeds received by any Grantor consisting of cash, checks and other near-cash items shall will be held by such Grantor in trust for the Lender, segregated from other funds of such Grantor, and shallwill, forthwith upon receipt by such Grantor, be turned over to the Lender in the exact form received by such Grantor (duly indorsed by such Grantor to the Lender, if required). All Proceeds received by the Lender hereunder shall will be held by the Lender in a Collateral Account maintained under its sole dominion and control. All Proceeds while held by the Lender in a Collateral Account (or by such Grantor in trust for the Lender) shall will continue to be held as collateral security for all the Obligations and shall will not constitute payment thereof until applied as provided in Section 6.56.5 hereof.

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender specified in Section 6.1 subsection 5.4 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, all Proceeds received by any Grantor the Borrower consisting of cash, checks and other near-cash items shall be held by such Grantor the Borrower in trust for the Lender, segregated from other funds of such Grantorthe Borrower, and shall, forthwith upon receipt by such Grantorthe Borrower, be turned over to the Lender in the exact form received by such Grantor the Borrower (duly indorsed by such Grantor the Borrower to the Lender, if required). All Proceeds received by the Lender hereunder shall be ) and held by the Lender in a Collateral Account maintained under its the sole dominion and controlcontrol of the Lender. All Proceeds while held by the Lender in a Collateral Account (or by such Grantor the Borrower in trust for the Lender) shall continue to be held as collateral security for all the Obligations Obligation and shall not constitute payment thereof until applied as provided in Section 6.5subsection 8.3.

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender specified in Section 6.1 3.3 hereof with respect to payments of ReceivablesAccounts, if after the occurrence of an Event of Default shall occur and be continuing, all Proceeds received by any Grantor the Credit Parties consisting of cash, checks and other near-cash items shall be held by such Grantor the Credit Parties in trust for the Lender, segregated from other funds of such Grantorthe Credit Parties, and shall, forthwith upon receipt by such Grantorthe Credit Parties, be turned over to the Lender in the exact form received by such Grantor the Credit Parties (duly indorsed by such Grantor the Credit Parties to the Lender in a manner satisfactory to the Lender, if required). All Proceeds received required by the Lender hereunder shall be Lender) and held by the Lender in a Collateral Account maintained under its the sole dominion and controlcontrol of the Lender. All Proceeds while held by the Lender in a Collateral Account (or by such Grantor the Credit Parties in trust for the Lender) shall continue to be held as collateral security for all the Secured Obligations and shall not constitute payment thereof until applied as provided in Section 6.5subsection 7.3 hereof.

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender specified in Section 6.1 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, all Proceeds received by any Grantor consisting of cash, checks checks, Cash Equivalents and other near-cash items shall be held by such Grantor in trust for the Lender, segregated from other funds of such Grantor, and shall, forthwith upon receipt by such Grantor, be turned over to the Lender in the exact form received by such Grantor (duly indorsed by such Grantor to the Lender, if required). All Proceeds received by the Lender hereunder shall be held by the Lender in a Collateral Account maintained under its sole dominion and over which it maintains “control” (within the meaning of the UCC). All Proceeds while held by the Lender in a Collateral Account (or by such Grantor in trust for the Lender) shall continue to be held as collateral security for all the Secured Obligations and shall not constitute payment thereof until applied as provided in Section 6.5.

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender specified in Section 6.1 herein with respect to payments of Receivables, if an Event of Default shall occur and be continuing, all Proceeds received by any Grantor the Borrower consisting of cash, checks and other near-cash items shall be held by such Grantor the Borrower in trust for the Lender, segregated from other funds of such Grantorthe Borrower, and shall, forthwith upon receipt by such Grantorthe Borrower, be turned over to the Lender in the exact form received by such Grantor the Borrower (duly indorsed by such Grantor the Borrower to the Lender, if required). All Proceeds received by the Lender hereunder shall be held by the Lender in a Collateral Account maintained under its sole dominion and control. All Proceeds while held by the Lender in a Collateral Account (or by such Grantor the Borrower in trust for the Lender) shall continue to be held as collateral security for all the Borrower Obligations and shall not constitute payment thereof until applied as provided in Section 6.5herein.

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender specified in Section 6.1 5.1 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, all Proceeds received by any the Grantor consisting of cash, checks and other near-cash items shall be held by such the Grantor in trust for the Lender, segregated from other funds of such the Grantor, and shall, forthwith upon receipt by such the Grantor, be turned over to the Lender in the exact form received by such the Grantor (duly indorsed by such the Grantor to the Lender, if required). All Proceeds received by the Lender hereunder shall be held by the Lender in a Collateral Account maintained under its sole dominion and control. All Proceeds while held by the Lender in a Collateral Account (or by such the Grantor in trust for the Lender) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in Section 6.55.5.

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender specified in Section 6.1 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, all Proceeds received by any the Grantor consisting of cash, checks and other near-cash items equivalents shall be held by such the Grantor in trust for the Lender, segregated from other funds of such the Grantor, and shallshall upon the request of the Lender, forthwith upon receipt by such the Grantor, be turned over to the Lender in the exact form received by such the Grantor (duly indorsed endorsed by such the Grantor to the Lender, if required). All Proceeds received by the Lender hereunder shall be held by the Lender in a Collateral Account maintained under its sole dominion and control. All Proceeds while held by the Lender in a Collateral Account (or by such the Grantor in trust for the Lender) shall continue to be held as collateral security for all the Grantor Obligations and Borrower Obligations and shall not constitute payment thereof until applied as provided in Section 6.5.

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender specified in Section 6.1 with respect to payments of Receivables, if If an Event of Default shall occur and be continuing, all Proceeds received by any Grantor during the continuance of such Event of Default consisting of cash, checks and other near-cash items shall be held by such Grantor in trust for the Lender, segregated from other funds of such Grantor, and shall, forthwith upon receipt by such Grantor, be turned over to the Lender in the exact form received by such Grantor (duly indorsed by such Grantor to the Lender, if required). All Proceeds received by the Lender hereunder shall be held by the Lender in a Collateral Account maintained under its sole dominion and control. If such Proceeds consist of cash, the Lender will hold such proceeds in the Cash Collateral Account. All such Proceeds while shall be held by the Lender in a such Collateral Account (or by such Grantor in trust for the Lender) shall continue to be held during the continuance of such Event of Default as collateral security for all the Obligations and shall not constitute payment thereof until applied toward the payment of such Obligations as provided in Section 6.56.3.

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender and the Lender specified in Section 6.1 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, all Proceeds received by any Grantor consisting of cash, checks and other near-cash items shall be held by such Grantor in trust for the Lender, segregated from other funds of such Grantor, and shall, forthwith upon receipt by such Grantor, be turned over to the Lender in the exact form received by such Grantor (duly indorsed by such Grantor to the Lender, if required). All Proceeds received by the Lender hereunder shall be held by the Lender in a Collateral Account maintained under its sole dominion and control. All Proceeds while held by the Lender in a Collateral Account (or by such Grantor in trust for the Lender) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in Section 6.5.

Proceeds to be Turned Over To Lender. In addition to the rights ------------------------------------ of the Lender specified in Section 6.1 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, all Proceeds received by any Grantor consisting of cash, checks and other near-cash items shall be held by such Grantor in trust for the Lender, segregated from other funds of such Grantor, and shall, forthwith upon receipt by such Grantor, be turned over to the Lender in the exact form received by such Grantor (duly indorsed by such Grantor to the Lender, if required). All Proceeds received by the Lender hereunder shall be held by the Lender in a Collateral Account maintained under its sole dominion and control. All Proceeds while held by the Lender in a Collateral Account (or by such Grantor in trust for the Lender) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in Section 6.565.

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender specified in Section 6.1 with respect to payments of Receivables, if an Event of Default shall occur and be continuing, all Proceeds received by any Grantor consisting of cash, checks and other near-cash equivalent items shall be held by such Grantor in trust for the Lender, segregated from other funds of such Grantor, and shall, forthwith upon receipt by such Grantor, be turned over to the Lender in the exact form received by such Grantor (duly indorsed by such Grantor to the Lender, if required). All Proceeds received by the Lender hereunder shall be held by the Lender in a Collateral Account collateral account maintained under its sole dominion and control. All Proceeds Proceeds, while held by the Lender in a Collateral Account any collateral account (or by such Grantor in trust for the Lender) established pursuant hereto, shall continue to be held as collateral security for all the Secured Obligations and shall not constitute payment thereof until applied as provided in Section 6.5.

Proceeds to be Turned Over To Lender. In addition to the rights of the Lender specified in Section 6.1 with respect to payments of Receivables, if If an Event of Default shall occur and be continuing, upon the request of the Lender, all Proceeds (excluding the Excluded Collateral) received by any the Grantor consisting of cash, checks and other near-cash items shall be held by such the Grantor in trust for the Lender, segregated from other funds of such the Grantor, and shall, forthwith upon receipt by such the Grantor, be turned over to the Lender in the exact form received by such the Grantor (duly indorsed by such the Grantor to the Lender, if required). All Proceeds received by the Lender hereunder shall be held by the Lender in a Collateral Account maintained under its sole dominion and control. All Proceeds while held by the Lender in a Collateral Account (or by such the Grantor in trust for the Lender) shall continue to be held as collateral security for all the Obligations and shall not constitute payment thereof until applied as provided in Section 6.55.3.