Control of Collateral. MLBFS may otherwise take control in any lawful manner of any cash or non-cash items of payment or proceeds of Collateral and of any rejected, returned, stopped in transit or repossessed goods included in the Collateral and endorse Customer's name on any item of payment on or proceeds of the Collateral.
Appears in 44 contracts
Samples: Loan and Security Agreement (Stockeryale Inc), Term Loan and Security Agreement (Stockeryale Inc), Loan and Security Agreement (Yp Net Inc)
Control of Collateral. MLBFS may otherwise take control in any lawful manner of any cash or non-cash items of payment or proceeds of Collateral and of any rejected, returned, stopped in transit or repossessed goods included in the Collateral and endorse Customer's Grantor name on any item of payment on or proceeds of the Collateral, and, in connection therewith, MLBFS may notify the postal authorities to change the address for delivery of mail addressed to Grantor to such address as MLBFS may designate.
Appears in 11 contracts
Samples: Loan and Security Agreement (Derma Sciences Inc), Letter Agreement (Sel-Leb Marketing Inc), Security Agreement (Whitman Education Group Inc)
Control of Collateral. MLBFS may otherwise take control in any lawful manner of any cash or non-cash items of payment or proceeds of Collateral and of any rejected, returned, stopped in transit or repossessed goods included in the Collateral and endorse Customer's ’s name on any item of payment on or proceeds of the Collateral.
Appears in 7 contracts
Samples: Lynch Term Loan and Security Agreement (Thanksgiving Coffee Co Inc), Loan and Security Agreement (Thanksgiving Coffee Co Inc), Security Agreement (Continucare Corp)
Control of Collateral. MLBFS may otherwise take control in any lawful manner of any cash or non-cash items Items of payment or proceeds of Collateral and of any rejected, returned, stopped in transit or repossessed goods included in the Collateral and endorse Customer's Grantor name on any item of payment on or proceeds of the Collateral, and, in connection therewith, MLBFS may notify the postal authorities to change the address for delivery of mail addressed to Grantor to such address as MLBFS may designate.
Appears in 3 contracts
Samples: Loan and Security Agreement (Yp Net Inc), Loan Agreement (Yp Corp), Loan Agreement (Yp Corp)
Control of Collateral. MLBFS may otherwise take control in any lawful manner of any cash or non-cash noncash items of payment or proceeds of Collateral and of any rejected, returned, stopped in transit or repossessed goods included in the Collateral and endorse Customer's name on any item of payment on or proceeds of the Collateral.
Appears in 2 contracts
Samples: Note, Loan and Security Agreement (Faro Technologies Inc), Loan and Security Agreement (American Eco Corp)
Control of Collateral. MLBFS may otherwise take control in any lawful manner of any cash or non-–cash items of payment or proceeds of Collateral and of any rejected, returned, stopped in transit or repossessed goods included in the Collateral and endorse Customer's ’s name on any item of payment on or proceeds of the Collateral.
Appears in 1 contract
Samples: Letter Agreement (Stockeryale Inc)
Control of Collateral. MLBFS may otherwise take control in any lawful manner of any cash or non-cash items of payment or proceeds of Collateral and of any rejected, returned, stopped in transit or repossessed goods included in the Collateral and endorse Customer's name on any item of payment on or proceeds of the Collateral.,
Appears in 1 contract
Samples: Loan and Security Agreement (Rent a Wreck of America Inc)
Control of Collateral. MLBFS may otherwise take control in any lawful manner means of any cash or non-cash items of or payment or proceeds of Collateral and of any rejected, returned, stopped in transit or repossessed goods included in the Collateral and endorse Customer's name on any item of payment on or proceeds of the Collateral.
Appears in 1 contract
Control of Collateral. MLBFS may otherwise take control in any lawful manner of any cash or non-cash items of payment or proceeds of Collateral and of any rejected, returned, stopped in transit or repossessed goods included in the Collateral and endorse Customer's Customers name on any item of payment on or proceeds of the Collateral.
Appears in 1 contract
Control of Collateral. MLBFS may otherwise take control in any lawful manner of any cash or non-cash items of payment or proceeds of Collateral and of any rejected, returned, stopped in transit or repossessed goods included in the Collateral and endorse Customer's name on any item of payment on or proceeds of the Collateral.
Appears in 1 contract
Samples: Loan and Security Agreement (Sel-Leb Marketing Inc)
Control of Collateral. MLBFS may otherwise take control in any lawful manner of any cash or non-cash noncash items of payment or proceeds of Collateral and of any rejected, returned, stopped in transit or repossessed goods included in the Collateral and endorse Customer's Customers name on any item of payment on or proceeds of the Collateral.
Appears in 1 contract
Samples: Loan and Security Agreement (Faro Technologies Inc)
Control of Collateral. MLBFS may otherwise take control in any lawful manner of any cash or non-cash items of payment or proceeds of Collateral and of any rejected, returned, stopped in transit or repossessed goods included in the Collateral and endorse Customer's name on any item of payment on or proceeds of the Collateral.
Appears in 1 contract
Control of Collateral. MLBFS may otherwise take control in any lawful manner of any cash or non-cash items of payment or proceeds of Collateral and of any rejected, returned, stopped in transit or repossessed goods included in the Collateral and endorse Customer's name on any item Item of payment on or proceeds of the Collateral.
Appears in 1 contract
