Common use of Rights, Title and Interest of Collateral Account Clause in Contracts

Rights, Title and Interest of Collateral Account. All right, title and interest in and to the Collateral Account shall vest exclusively in the Lender. The Borrower shall have no rights with respect to the Collateral Account and the Lender shall have sole dominion and control over the Collateral Account and the monies deposited therein. Monies deposited in the Collateral Account shall constitute security for the Secured Obligations. The Borrower hereby pledges and assigns to the Lender and hereby grants to the Lender a security interest in, all right, title or interest (if any) which the Borrower now has or may hereafter have or purport or claim to have in or to the Collateral Account and all monies held therein, any investments made with such monies and any and all certificates or instruments from time to time representing or evidencing such investments (and all proceeds thereof).

Rights, Title and Interest of Collateral Account. All right, title and interest in and to the Collateral Account shall vest exclusively in the Lender. The Borrower shall have no rights with respect to the Collateral Account and the Lender shall have sole dominion and control over the Collateral Account and the monies deposited therein. Monies deposited in the Collateral Account shall constitute security for the Secured Obligations. The Borrower hereby pledges and assigns to the Lender and hereby grants to the Lender a security interest in, all right, title or interest (if any) which the Borrower now has or may hereafter have or purport or claim to have in or to the Collateral Account and all monies held therein, any investments made with such monies and any and all certificates or instruments from time to time representing or evidencing such investments (and all proceeds thereof).such

Rights, Title and Interest of Collateral Account. All right, title and interest in and to the Collateral Account shall vest exclusively in the Lender. The Borrower shall have no rights with respect to the Collateral Account and the Lender shall have sole dominion and control over the Collateral Account and the monies deposited therein. Monies deposited in the Collateral Account shall constitute security for the Secured Obligations. The Borrower hereby pledges and assigns to the Lender and hereby grants warrants to the Lender a security interest in, all right, title or interest (if any) which that the Borrower now has or may hereafter have or purport or claim to have in or to the Collateral Account and all monies held therein, any investments made with such monies and any and all certificates or instruments from time to time representing or evidencing such investments (and all proceeds thereof).