Common use of Rights to Payment Clause in Contracts

Rights to Payment. Debtor shall: (a) perform and observe all terms and provisions of the Rights to Payment and all obligations to be performed or observed by it in connection therewith and maintain the Rights to Payment in full force and effect; (b) enforce all Rights to Payment strictly in accordance with their terms, and take all such action to such end as may be from time to time reasonably requested by CoastFed; (c) if, to the knowledge of Debtor, any dispute, setoff, claim, counterclaim or defense shall exist or shall be asserted or threatened with respect to a Right to Payment (whether with or against Debtor or otherwise), disclose such fact fully to CoastFed in Debtor's Books relating to such Account or other Right to Payment and in connection with any report furnished by Debtor to CoastFed relating to such Right to Payment; (d) furnish to CoastFed such information and reports regarding the Rights to Payment as CoastFed may request, and upon request of CoastFed make such demands and requests for information and reports as Debtor is entitled to make in respect of the Rights to Payment; and (e) during the continuance of any Event of Default, establish such lockbox or similar arrangements for the payment of the Rights to Payment as CoastFed shall require.

Rights to Payment. Debtor Guarantor shall: (a) perform and observe all terms and provisions of the Rights to Payment and all obligations to be performed or observed by it in connection therewith and maintain the Rights to Payment in full force and effect; (b) enforce all Rights to Payment strictly in accordance with their terms, and take all such action to such end as may be from time to time reasonably requested by CoastFedBank; (c) if, to the knowledge of DebtorGuarantor, any dispute, setoff, claim, counterclaim or defense shall exist or shall be asserted or threatened with respect to a Right to Payment (whether with or against Debtor Guarantor or otherwise), disclose such fact fully to CoastFed Bank in Debtor's Guarantor’s Books relating to such Account or other Right to Payment and in connection with any report furnished by Debtor Guarantor to CoastFed Bank relating to such Right to Payment; (d) furnish to CoastFed Bank such information and reports regarding the Rights to Payment as CoastFed Bank may request, and upon request of CoastFed Bank make such demands and requests for information and reports as Debtor Guarantor is entitled to make in respect of the Rights to Payment; and (e) during upon the continuance occurrence of any Event of Default, establish such lockbox or similar arrangements for the payment of the Rights to Payment as CoastFed Bank shall require.

Rights to Payment. Debtor Guarantor shall: (a) perform and observe all terms and provisions of the Rights to Payment and all obligations to be performed or observed by it in connection therewith and maintain the Rights to Payment in full force and effect; (b) enforce all Rights to Payment strictly in accordance with their terms, and take all such action to such end as may be from time to time reasonably requested by CoastFedBank; (c) if, to the knowledge of DebtorGuarantor, any dispute, setoff, claim, counterclaim or defense shall exist or shall be asserted or threatened with respect to a Right to Payment (whether with or against Debtor Guarantor or otherwise), disclose such fact fully to CoastFed Bank in DebtorGuarantor's Books relating to such Account or other Right to Payment and in connection with any report furnished by Debtor Guarantor to CoastFed Bank relating to such Right to Payment; (d) furnish to CoastFed Bank such information and reports regarding the Rights to Payment as CoastFed Bank may request, and upon request of CoastFed Bank make such demands and requests for information and reports as Debtor Guarantor is entitled to make in respect of the Rights to Payment; and (e) during upon the continuance occurrence of any Event of Default, establish such lockbox or similar arrangements for the payment of the Rights to Payment as CoastFed Bank shall require.

Rights to Payment. Debtor Borrower shall:: ----------------- (a) perform and observe all terms and provisions of the Rights to Payment and all obligations to be performed or observed by it in connection therewith and maintain the Rights to Payment in full force and effect; (b) enforce all Rights to Payment strictly in accordance with their terms, and take all such action to such end as may be from time to time reasonably requested by CoastFedLender; (c) if, to the knowledge of DebtorBorrower, any dispute, setoff, claim, counterclaim or defense shall exist or shall be asserted or threatened with respect to a Right to Payment (whether with or against Debtor Borrower or otherwise), disclose such fact fully to CoastFed Lender in DebtorBorrower's Books relating to such Account or other Right to Payment and in connection with any report furnished by Debtor Borrower to CoastFed Lender relating to such Right to Payment; (d) furnish to CoastFed Lender such information and reports regarding the Rights to Payment as CoastFed Lender may request, and upon request of CoastFed Lender make such demands and requests for information and reports as Debtor Borrower is entitled to make in respect of the Rights to Payment; and (e) during upon the continuance occurrence of any Event of Default, establish such lockbox or similar arrangements for the payment of the Rights to Payment as CoastFed Lender shall require.

Rights to Payment. Debtor Borrower shall: (a) perform and observe all terms and provisions of the Rights to Payment and all obligations to be performed or observed by it in connection therewith and maintain the Rights to Payment in full force and effect; (b) enforce all Rights to Payment strictly in accordance with their terms, and take all such action to such end as may be from time to time reasonably requested by CoastFedBank; (c) if, to the knowledge of DebtorBorrower, any dispute, setoff, claim, counterclaim or defense shall exist or shall be asserted or threatened with respect to a Right to Payment (whether with or against Debtor Borrower or otherwise), disclose such fact fully to CoastFed Bank in DebtorBorrower's Books relating to such Account or other Right to Payment and in connection with any report furnished by Debtor Borrower to CoastFed Bank relating to such Right to Payment; (d) furnish to CoastFed Bank such information and reports regarding the Rights to Payment as CoastFed Bank may request, and upon request of CoastFed Bank make such demands and requests for information and reports as Debtor Borrower is entitled to make in respect of the Rights to Payment; and (e) during upon the continuance occurrence of any Event of Default, establish such lockbox or similar arrangements for the payment of the Rights to Payment as CoastFed Bank shall require.

Rights to Payment. Debtor Guarantor shall: (a) perform and observe all terms and provisions of the Rights to Payment and all obligations to be performed or observed by it in connection therewith and maintain the Rights to Payment in full force and effect; (b) enforce all Rights to Payment strictly in accordance with their terms, and take all such action to such end as may be from time to time reasonably requested by CoastFedAgent; (c) if, to the knowledge of DebtorGuarantor, any dispute, setoff, claim, counterclaim or defense shall exist or shall be asserted or threatened with respect to a Right to Payment (whether with or against Debtor Guarantor or otherwise), disclose such fact fully to CoastFed Agent in DebtorGuarantor's Books relating to such Account or other Right to Payment and in connection with any report furnished by Debtor Guarantor to CoastFed Agent relating to such Right to Payment; (d) furnish to CoastFed Agent such information and reports regarding the Rights to Payment as CoastFed Agent may request, and upon request of CoastFed Agent make such demands and requests for information and reports as Debtor Guarantor is entitled to make in respect of the Rights to Payment; and (e) during upon the continuance occurrence of any Event of Default, establish such lockbox or similar arrangements for the payment of the Rights to Payment as CoastFed Agent shall require.