Common use of United States Government Contracts Clause in Contracts

United States Government Contracts. If any accounts or contract rights arose out of contracts with the United States or any of its departments, agencies or instrumentalities, Debtor shall promptly notify Bank and execute any writings required by Bank so that all money due or to become due under such contracts shall be assigned to Bank under the Federal Assignment of Claims Act.

Appears in 9 contracts

Samples: Business Security Agreement (Arts Way Manufacturing Co Inc), Revolving Credit Agreement (Itex Corp), Revolving Credit Agreement (Nautilus Group Inc)

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United States Government Contracts. If any accounts or contract rights arose out of contracts with the United States or any of its departments, agencies or instrumentalities, the Debtor shall promptly notify the Bank and execute any writings required by the Bank so that all money due or to become due under such contracts shall be assigned to the Bank under the Federal Assignment of Claims Act.

Appears in 4 contracts

Samples: Business Security Agreement (Universal Manufacturing Co), Security Agreement (Universal Manufacturing Co), Term Note (Oakridge Holdings Inc)

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United States Government Contracts. If any accounts or contract rights arose out of contracts with the United States or any of its departments, agencies or instrumentalities, Debtor shall promptly notify Bank and execute any writings required by Bank so that all any money due or to become due under such contracts shall be assigned to Bank under the Federal Assignment of Claims Act.

Appears in 2 contracts

Samples: Loan Agreement and Note (Nutech Digital Inc), Business Security Agreement (Nutech Digital Inc)

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