Exhibit 2(a)(6) ASSIGNMENT OF FACTORING PROCEEDS (No Advances or Ledger Debt) Texfi Industries, Inc., a Delaware corporation (the "Debtor") assigns to NationsBank, N.A., a national banking association, as Agent (the "Agent") for the ratable benefit of...Assignment of Factoring Proceeds • March 29th, 1996 • Texfi Industries Inc • Broadwoven fabric mills, man made fiber & silk • Georgia
Texfi Industries, Inc., a Delaware corporation (the "Debtor") assigns to NationsBank, N.A., a national banking association, as Agent (the "Agent") for the ratable benefit of itself, NationsBanc Commercial Corporation, as Disbursing Agent (the "Disbursing Agent"), and the financial institutions (the "Lenders") as are, or may from time to time become, parties to the Credit Agreement dated of even date herewith between the Agent, the Disbursing Agent and the Lenders (together with any modifications, substitutions, supplements, amendments, renewals or restatements thereof, the "Credit Agreement") and grants to the Agent a security interest in all funds now or hereafter payable to the Debtor by ________________________ (the "Factor") pursuant to the Factoring Agreement dated ______________, 19___ between the Debtor and the Factor or any modifications, substitutions, supplements, amendments, renewals or restatements thereof (the "Factoring Agreement").
