Rights in Respect of Receivables. Lender shall have the exclusive right to receive all Collections on the Receivable and no Adjustments will be made without the Lender's consent. Lender shall have, with respect to any goods related to the Receivables, all the rights and remedies of an unpaid seller under the California Uniform Commercial Code and other applicable law, including the rights of replevin, claim and delivery, reclamation and stoppage in transit.
Appears in 3 contracts
Samples: Business Financing Agreement (Ion Networks Inc), Business Financing Agreement (Teknowledge Corp), Business Financing Agreement (Southwall Technologies Inc /De/)
Rights in Respect of Receivables. Lender shall have the exclusive right to receive all Collections on the Receivable and no Adjustments will be made without the Lender's ’s consent. Lender shall have, with respect to any goods related to the Receivables, all the rights and remedies of an unpaid seller under the California Uniform Commercial Code and other applicable law, including the rights of replevin, claim and delivery, reclamation and stoppage in transit.
Appears in 3 contracts
Samples: Business Financing Agreement (Implant Sciences Corp), Business Financing Agreement (Caneum Inc), Business Financing Agreement (Aml Communications Inc)
Rights in Respect of Receivables. Lender shall have the exclusive right to receive all Collections on the Receivable and no Adjustments will be made without the Lender's consent. Lender shall have, with respect to any goods related to the Receivables, all the rights and remedies of an unpaid seller under the California Uniform Commercial Code and other applicable law, including the rights of replevin, claim and delivery, reclamation and stoppage in transit.. WEST\21453667.4 355157-000030
Appears in 1 contract
