Receipt of Accounts Sample Clauses

Receipt of Accounts. Upon the occurrence of an Event of Default, the ------------------- Secured Party shall have the right in the Secured Party's name or in the name of the Debtor to demand, collect, receive, receipt for, xxx for, compound and give acquittal for, any and all amounts due or to become due on the Accounts and to endorse the name of the Debtor on all instruments given in payment or part payment thereof. The Secured Party may, in the Secured Party's reasonable business judgment, file any claim or take any other action or proceeding which the Secured Party deems necessary or appropriate to protect, preserve and realize upon the Security Interests. In order to assure collection of the Accounts, the Secured Party may notify the post office authorities to change the address for delivery of mail addressed to the Debtor to the address as the Secured Party may designate, and to open and dispose of the mail and receive the collections of the Accounts included in the Security Interests.
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Receipt of Accounts. Secuted Pxxxx slut!! have th.e right in Secured Party's name or in tl:ie name of tlle Debtor, whether before or after default by the Debtor, lo demand, collect, receive, receipt for, sve fol', compo1md aud give acquittal for, any and all amounts due or to become due on any of the Accounts; pmvi_ded howevet, to the extent Secured Party does not so elect, Debtor shall conti1uie to collect the Accounts. Secured Party shall have the right at any time, in Secured Party's name o:r in the name of Debtor, whether before or after default by Debtor; to notify any and all Account debtors to make pay1uent thereof dh'ectly to Secu1'ed Party, Debto1Js conseu t sh,all not be 1'eq ui red as pa1to f the notification to accou11t debtors. As parf of the notification process, Secured Party may provide to one or more accomlt debtors a copy of-Or excerpts from tlris Secmity Agreemeutor any related UCC-1 'Financing Statement then in effect 1•eJatjng to the Accounts and such notification letter and/or other documents evidencing Secured Party's security interest shall be conclusive proof to tile account debtors that tl1ey shall .rely mi in 111aki11g fmther payments on the Accounts dii'ectly to Secured Pxxxx. Secured Party shall also J1ave tile right to endorse the name of Debtor 011 all commercial paper or instrume11ts given in payment or part payment thereof, Secured Party may, in. Secured Party's discretion, file clalms OJ take auy other action or proceeding wbich Sec11red Party may deem necessary or appropl'iate to protect, preserve and realize upon the Security Interests iii the Collateral. In order to assure collection of Accounts in which Secm·ed Party has Security Intel'ests, Secured Pmty may notify the post office autllorities to change the address for delive1y of mail addressed to Debtor to U1e address as Secured Party may designate. Secured Party may open and dispose of the mail and receive the collections of the Accounts. Upon the reque,st of Secured Pa1ty, all pl'oceeds.ofcollection of Accounts received by the Debtor shall forthwith be accounted for and transmitted to Secured Party iu the fonn as received by Debtor and shall ndt be commingled with any funds of the Debtol', Debtor will accompa1ty each tl'811smissio11 of proceeds to Seemed Party pursuant to Che terms of this Secul'iLy Agl'eement with a report'i11 a form as Secured Party may require i!l ordei· to identify the Collateral to which the proceeds apply. 3NG22\AMERP ACIFiaV ALUEEXCHANG£\h22308SecAgr,,vpo 8 SEct...
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Related to Receipt of Accounts

  • Receipt of Items We reserve the right to reject any Image or Item transmitted through the Service, at our discretion, without liability to you. We are not responsible for Images we do not receive or for Images that are dropped during transmission. An Image of an Item shall be deemed received only when you receive a confirmation from us that we have received the Image and accepted your deposit. However, the confirmation that we send you does not mean that the transmission was complete or error free.

  • Receipt of Agreement Each of the parties hereto acknowledges that it or he has read this Agreement in its entirety and does hereby acknowledge receipt of a fully executed copy thereof. A fully executed copy shall be an original for all purposes, and is a duplicate original.

  • Receipt of Funds The Custodian shall, from time to time, receive funds for or on behalf of the Funds and shall hold such funds in safekeeping. Upon receipt of Proper Instructions, the Custodian shall credit funds so received to one or more Accounts designated in such Proper Instructions. Promptly after receipt of such funds from the Fund Custodian or a Repo Custodian or promptly following the transfer to an Account from any account maintained by Custodian in its capacity as Fund Custodian, or as Repo Custodian, the Custodian shall provide written confirmation of such receipt to the Fund Custodian or Repo Custodian, when and as applicable, and of such receipt or transfer to the Fund Agent designated in Section 7.07(b) hereof (the "Fund Agent"). The Custodian shall designate on its books and records the funds allocable to each Account and the identity of each Fund participating in such Account.

  • Receipt of Deposit All images processed for deposit through Mobile Deposit will be treated as “deposits” under your current Account Agreement with us and will be subject to all terms of the Account Agreement. When we receive an image, we will confirm receipt via email to you. We shall not be deemed to have received the image for deposit until we have confirmed receipt to you. Confirmation does not mean that the image contains no errors. We are not responsible for any image that we do not receive.

  • Receipt of Copy Mortgagor acknowledges that it has received a true copy of this Mortgage.

  • Receipt of Plan By entering into this Agreement, Participant acknowledges (i) that he or she has received and read a copy of the Plan and (ii) that this Agreement is subject to and shall be construed in accordance with the terms and conditions of the Plan, as now or hereinafter in effect.

  • Receipt of Payments Borrowers shall make each payment under this Agreement not later than 2:00 p.m. (New York time) on the day when due in immediately available funds in Dollars to the Collection Account. For purposes of computing interest and Fees and determining Borrowing Availability as of any date, all payments shall be deemed received on the Business Day on which immediately available funds therefor are received in the Collection Account prior to 2:00 p.m. New York time. Payments received after 2:00 p.m. New York time on any Business Day or on a day that is not a Business Day shall be deemed to have been received on the following Business Day.

  • Receipt of Payment The Company shall have received payment, by wire transfer of immediately available funds, in the full amount of the purchase price for the number of Shares being purchased by such Purchaser at the Closing as set forth in the Schedule of Purchasers.

  • Receipt of Notice For purposes of this provision, the Consultant’s receipt of the written notice of termination will be determined based on the date of actual receipt or based on Subsection 20.2 below, whichever occurs first.

  • Receipt of Notices Notices and communications sent by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been given when received; notices sent by facsimile shall be deemed to have been given when sent and receipt has been confirmed by telephone. Notices delivered through electronic communications to the extent provided in subpart (c) below shall be effective as provided in said subpart (c).

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