Common use of Deal with Collateral Clause in Contracts

Deal with Collateral. In the name of Debtor or otherwise, demand, collect, receive and give receipt for, compound, compromise, settle and give acquittance for and prosecute and discontinue any suits or proceedings in respect of any or all of the Collateral.

Appears in 2 contracts

Samples: Security Agreement (Lipkin Raymond A), Security Agreement (Iridex Corp)

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Deal with Collateral. In the name of Debtor the Borrower or otherwise, demand, collect, receive and give receipt for, compound, compromise, settle and give acquittance for and prosecute and discontinue any suits or proceedings in respect of any or all of the Collateral.

Appears in 1 contract

Samples: Security Agreement (Life Time Fitness Inc)

Deal with Collateral. In the name of Debtor Borrower or otherwise, demand, collect, receive and give receipt for, compound, compromise, settle and give acquittance for and prosecute and discontinue any suits or proceedings in respect of any or all of the Collateral.

Appears in 1 contract

Samples: Security Agreement (Bev Tyme Inc)

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Deal with Collateral. In the name of Debtor Borrower or otherwise, demand, collect, receive and give receipt for, compound, compromise, settle and give acquittance for and prosecute and discontinue any suits or proceedings in respect of any or all of the Collateral.

Appears in 1 contract

Samples: Security Agreement (Ballistic Recovery Systems Inc)

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