Common use of SEGREGATE COLLECTIONS Clause in Contracts

SEGREGATE COLLECTIONS. Require the Debtor to segregate all collections and proceeds of the Collateral so that they are capable of identification and to deliver such collections and proceeds to the Bank, in kind, without commingling, at such times and in such manner as required by the Bank.

Appears in 6 contracts

Samples: Security Agreement (Applied Signal Technology Inc), Security Agreement (Biolase Technology Inc), Security Agreement (Alphatec Holdings, Inc.)

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SEGREGATE COLLECTIONS. Require the Debtor to segregate all --------------------- collections and proceeds of the Collateral so that they are capable of identification and to deliver such collections and proceeds to the Bank, in kind, without commingling, at such times and in such manner as required by the Bank.

Appears in 1 contract

Samples: Termination Agreement (Tarrant Apparel Group)

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