Dividends and Distributions Held in Trust. All dividends and other distributions which are received by Grantor contrary to the provisions of this Agreement shall be received in trust for the benefit of Secured Party, shall be segregated from other funds of Grantor, and forthwith shall be paid over to Secured Party as pledged Collateral in the same form as so received (with any necessary endorsements).
Appears in 4 contracts
Samples: Security Agreement (NGA Holdco, LLC), And Restated Security Agreement (Coast Hotels & Casinos Inc), Security Agreement (Coast Casinos Inc)
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by Grantor Grantors contrary to the provisions of this Agreement shall be received in trust for the benefit of Secured Party, shall be segregated from other funds of GrantorGrantors, and forthwith shall be paid over to Secured Party as pledged Collateral in the same form as so received (with any necessary endorsements).
Appears in 3 contracts
Samples: Security Agreement (NGA Holdco, LLC), Security Agreement (Safeskin Corp), Security Agreement (Jakks Pacific Inc)
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by Grantor contrary to the provisions of this Agreement shall be received in trust for the benefit of the Subordinated Secured PartyParties, shall be segregated from other funds of Grantor, Grantor and forthwith shall be paid over to Subordinated Secured Party Parties as pledged Collateral in the same form as so received (with any necessary endorsements).
Appears in 3 contracts
Samples: Buyer Security Agreement (Right Start Inc /Ca), Parent Security Agreement (Right Start Inc /Ca), Security Agreement (Right Start Inc /Ca)
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by Grantor Grantors contrary to the provisions of this Agreement shall be received in trust for the benefit of the Secured PartyParties, shall be segregated from other funds of Grantor, Grantors and forthwith shall be paid over to Secured Party Parties as pledged Collateral in the same form as so received (with any necessary endorsements).
Appears in 3 contracts
Samples: Security Agreement (Fao Inc), Security Agreement (Fao Inc), Security Agreement (Fao Inc)
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by a Grantor contrary to the provisions of this Agreement shall be received in trust for the benefit of the Secured PartyParties, shall be segregated from other funds of such Grantor, and forthwith shall be paid over to the Secured Party Parties as pledged Collateral in the same form as so received (with any necessary endorsements).
Appears in 2 contracts
Samples: Security Agreement (Inhibitex, Inc.), Security Agreement (Fermavir Pharmaceuticals, Inc.)
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by Grantor contrary to the provisions of this Agreement shall be received in trust for the benefit of Secured Party, shall be segregated from other funds of Grantor, and forthwith shall be paid over to Secured Party as pledged Pledged Collateral in the same form as so received (with any necessary endorsements).
Appears in 2 contracts
Samples: Pledge Agreement (Colorado Greenhouse Holdings Inc), Pledge Agreement (Colorado Greenhouse Holdings Inc)
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by Grantor contrary to the provisions of this Agreement shall be received in trust for the benefit of the Subordinated Secured Party, shall be segregated from other funds of Grantor, Grantor and forthwith shall be paid over to the Subordinated Secured Party as pledged Collateral in the same form as so received (with any necessary endorsements).
Appears in 2 contracts
Samples: Security Agreement (Fao Inc), Inc. Security Agreement (Fao Inc)
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by Grantor contrary to the provisions of this Agreement shall be received in trust for the benefit of Secured Party, shall be segregated from other funds of Grantor, and forthwith shall be paid over to Secured Party Collateral Agent as pledged Pledged Collateral in the same form as so received (with any necessary endorsements).
Appears in 2 contracts
Samples: Security Agreement (CityCenter Holdings, LLC), Security Agreement (CityCenter Holdings, LLC)
Dividends and Distributions Held in Trust. All dividends ----------------------------------------- and other distributions which are received by Grantor contrary to the provisions of this Agreement shall be received in trust for the benefit of Secured Party, shall be segregated from other funds of Grantor, and (subject to any inconsistent prior rights of the Trustee under the 13% Indenture) forthwith shall be paid over to Secured Party as pledged Collateral in the same form as so received (with any necessary endorsements).
Appears in 2 contracts
Samples: Security Agreement (Coast Hotels & Casinos Inc), Security Agreement (Coast Hotels & Casinos Inc)
Dividends and Distributions Held in Trust. All dividends and other distributions Distributions which are received by Grantor Grantors contrary to the provisions of this Agreement shall be received in trust for the benefit of Secured Party, shall be segregated from other funds of GrantorGrantors, and forthwith shall be paid over to Administrative Agent (on behalf of Secured Party Party) as pledged Collateral in the same form as so received (with any necessary endorsements).
Appears in 1 contract
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by the Grantor contrary to the provisions of this Agreement or of the Indenture shall be received in trust for the benefit of the Secured Party, shall be segregated from other funds of Grantor, the Grantor and forthwith shall be paid over to the Secured Party for deposit in the Collateral Account as pledged Pledged Collateral in the same form as so received (with any necessary endorsements)) and held in the Collateral Account in accordance with the provisions of the Indenture.
Appears in 1 contract
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by each Grantor contrary to the provisions of this Agreement shall be received in trust for the benefit of Secured Party, shall be segregated from other funds of each Grantor, and forthwith shall be paid over to Secured Party Collateral Agent as pledged Pledged Collateral in the same form as so received (with any necessary endorsements).
Appears in 1 contract
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by Grantor Grantors contrary to the provisions of this Agreement shall be received in trust for the benefit of Secured Party, shall be segregated from other funds of Grantor, Grantors and forthwith shall be paid over to Secured Party as pledged Collateral in the same form as so received (with any necessary endorsements).
Appears in 1 contract
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by the Grantor contrary to the provisions of this Agreement shall be received in trust for the benefit of the Secured Party, shall be segregated from other funds of the Grantor, and forthwith shall be paid over to the Agent, for the Secured Party Party, as pledged Collateral in the same form as so received (with any necessary endorsements).
Appears in 1 contract
Dividends and Distributions Held in Trust. All dividends and other distributions which are received by Grantor contrary to the provisions of this Agreement shall be received in trust for the benefit of Secured Party, shall be segregated from other funds of Grantor, and forthwith shall be paid over to Secured Party as pledged Collateral in the same form as so received (with any necessary endorsements).segregated
Appears in 1 contract
Samples: Pledge Agreement (Arlen Corp)
