Common use of Confirmatory Written Assignments Clause in Contracts

Confirmatory Written Assignments. Upon Lender’s request, promptly after the creation of any Receivable Borrower shall execute and deliver a confirmatory written assignment to Lender of such Receivable. Borrower’s failure to execute or deliver any such assignment shall not affect or limit any security interest or lien or other right of Lender in and to such Receivable.

Appears in 4 contracts

Samples: Loan and Security Agreement (Castle Brands Inc), Loan and Security Agreement (General Employment Enterprises Inc), Loan and Security Agreement (Castle Brands Inc)

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Confirmatory Written Assignments. Upon Lender’s 's request, promptly after the creation of any Receivable Borrower shall execute and deliver a confirmatory written assignment to Lender of such Receivable. Borrower’s 's failure to execute or deliver any such assignment shall not affect or limit any security interest or lien or other right of Lender in and to such Receivable.

Appears in 1 contract

Samples: Loan and Security Agreement (Hooper Holmes Inc)

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Confirmatory Written Assignments. Upon Lender’s request, promptly request at any time after the creation occurrence and during the continuance of any Receivable an Event of Default, Borrower shall promptly execute and deliver a confirmatory written assignment to Lender of such Receivableany Receivables then existing or any Receivable thereafter created. Borrower’s failure to execute or deliver any such assignment shall not affect or limit any security interest or lien Lien or other right of Lender in and to such Receivable.

Appears in 1 contract

Samples: Loan and Security Agreement (Blue Star Foods Corp.)

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