Turnover. All distributions and other amounts which are received by the Pledgor contrary to the provisions of this Agreement shall be received in trust for the benefit of the Collateral Agent, shall be segregated from other funds of the Pledgor and shall be forthwith paid over to the Collateral Agent as Pledged Collateral in the same form as so received (with any necessary endorsement).
Appears in 4 contracts
Samples: Credit Agreement (Dynegy Inc.), Pledge and Security Agreement (LSP Batesville Funding Corp), Pledge and Security Agreement (Louisiana Generating LLC)
Turnover. All distributions and other amounts which are received by the Pledgor contrary to the provisions of this Agreement shall be received in trust for the benefit of the Collateral AgentAgent on behalf of the Secured Parties, shall be segregated from other funds of the Pledgor and shall be forthwith paid over to the Collateral Agent as Pledged Collateral in the same form as so received (with any necessary endorsement).
Appears in 3 contracts
Samples: Credit Agreement (Redaptive, Inc.), Credit Agreement (CBRE Acquisition Holdings, Inc.), Credit Agreement (Sunpower Corp)
Turnover. All distributions and other amounts which are received by the Pledgor contrary to the provisions of this Agreement or the other Loan Documents shall be received in trust for the benefit of the Collateral Agent, shall be segregated from other funds of the Pledgor and shall be forthwith paid over to the Collateral Agent as Pledged Collateral in the same form as so received (with any necessary endorsementendorsement requested by the Collateral Agent).
Appears in 2 contracts
Samples: Equity Pledge Agreement (Empire Resorts Inc), Equity Pledge Agreement (Empire Resorts Inc)
Turnover. All distributions and other amounts which are received by the Pledgor contrary to the provisions of this Agreement shall be received in trust for the benefit of the Collateral Agent, shall be segregated from other funds of the Pledgor and shall be forthwith paid over to the Collateral Agent as Pledged Stock Collateral in the same form as so received (with any necessary endorsement).
Appears in 2 contracts
Samples: Pledge and Security Agreement (Ce Generation LLC), Pledge and Security Agreement (Ce Generation LLC)
Turnover. All distributions and other amounts which are received by the Pledgor contrary to the provisions of this Agreement shall be received in trust for the benefit of the Collateral Agent, shall be segregated from other funds of the Pledgor and shall be forthwith paid over to the Collateral Agent as Pledged Stock Collateral in the same form as so received (with any necessary endorsement).
Appears in 2 contracts
Samples: Pledge and Security Agreement (LSP Batesville Funding Corp), Pledge and Security Agreement (LSP Batesville Funding Corp)
Turnover. All distributions and other amounts which are received by the Pledgor contrary to the provisions of this Agreement shall be received in trust for the benefit of the Collateral Agent, shall be segregated from other funds of the Pledgor and shall be forthwith paid over to the Collateral Agent as Pledged Collateral in the same form as so received (with any necessary endorsementendorsement requested by Collateral Agent).
Appears in 2 contracts
Samples: Membership Interest Pledge Agreement (Delta Energy Center, LLC), Membership Interest Pledge Agreement (Delta Energy Center, LLC)
Turnover. All distributions and other amounts which are received by the Pledgor contrary to the provisions of this Agreement shall be received in trust for the benefit of the Collateral AgentAgent on behalf of the Secured Parties, shall be segregated from other funds of the Pledgor Pledgor, and shall be forthwith paid over to the Collateral Agent as Pledged Collateral in the same form as so received (with any necessary endorsement).
Appears in 1 contract
Samples: Credit Agreement (Sunpower Corp)
Turnover. All distributions and other amounts which are received by the any Pledgor contrary to the provisions of this Agreement shall be received in trust for the benefit of the Collateral Agent, shall be segregated from other funds of the such Pledgor and shall be forthwith paid over to the Collateral Agent as Pledged Collateral in the same form as so received (with any necessary endorsement).
Appears in 1 contract
Samples: Pledge and Security Agreement (NRG Generating U S Inc)
