Common use of Account Collateral Clause in Contracts

Account Collateral. All of the following, whether now or hereafter existing, which are owned by such Debtor or in which such Debtor otherwise has any rights (collectively, the "Account Collateral"): (i) the Cash Collateral Account, all funds held therein, and all certificates and instruments, if any, from time to time representing or evidencing the Cash Collateral Account, and (ii) all notes, certificates of deposit, deposit accounts, checks and other instruments from time to time hereafter delivered to or otherwise possessed by the Secured Party for and on behalf of such Debtor in substitution for or in addition to any of the then existing Account Collateral; provided that the Secured Party acknowledges that funds in the Cash Collateral Account may be subject to reversionary rights in connection with terminations of such Debtor's factoring agreements; and

Account Collateral. All of the following, whether now or hereafter existing, which are owned by such Debtor or in which such Debtor otherwise has any rights (collectively, the "“Account Collateral"”): (i) the Cash Collateral Account, all funds held therein, and all certificates and instruments, if any, from time to time representing or evidencing the Cash Collateral Account, and (ii) all notes, certificates of deposit, deposit accounts, checks and other instruments from time to time hereafter delivered to or otherwise possessed by the Secured Party for and on behalf of such Debtor in substitution for or in addition to any of the then existing Account Collateral; provided that the Secured Party acknowledges that funds in the Cash Collateral Account may be subject to reversionary rights in connection with terminations of such Debtor's factoring agreements; and