Income and Proceeds from the Collateral. Lender may receive all Income and Proceeds and add it to the Collateral. Grantor agrees to deliver to Lender immediately upon receipt, in the exact form received and without commingling with other property, all Income and Proceeds from the Collateral which may be received by, paid, or delivered to Grantor or for Grantor's account, whether as an addition to, in discharge of, in substitution of, or in exchange for any of the Collateral.
Appears in 3 contracts
Samples: Pledge Agreement (Granite Falls Energy, LLC), Loan Agreement (Coast Financial Holdings Inc), Pledge Agreement (Safe Auto Group, Inc.)
Income and Proceeds from the Collateral. Lender may receive all Income and Proceeds and add it to the Collateral. Grantor agrees to deliver to Lender immediately upon receipt, in the exact form received and without commingling with other property, all Income and Proceeds from the Collateral which may be received by, paid, or delivered to Grantor or for Grantor's ’s account, whether as an addition to, in discharge of, in substitution of, or in exchange for any of the Collateral.
Appears in 2 contracts
Samples: Pledge Agreement (Zimmer Alan M), Pledge Agreement (Zimmer Alan M)
Income and Proceeds from the Collateral. Lender may receive all Income and Proceeds and add it to the Collateral. Grantor Gxxxxxx agrees to deliver to Lender Lxxxxx immediately upon receipt, in the exact form received and without commingling with other property, all Income and Proceeds from the Collateral which may be received by, paid, or delivered to Grantor or for Grantor's ’s account, whether as an addition to, in discharge of, in substitution of, or in exchange for any of the Collateral.
Appears in 2 contracts
Samples: Commercial Pledge Agreement (Schermer Robert E Jr), Commercial Pledge Agreement (BJs RESTAURANTS INC)
Income and Proceeds from the Collateral. Upon the occurrence of an Event of Default, Lender may receive all Income and Proceeds and add it to the Collateral. Grantor agrees to deliver to Lender immediately upon receipt, in the exact form received and without commingling with other property, all Income and Proceeds from the Collateral which may be received by, paid, or delivered to Grantor or for Grantor's account, whether as an addition to, in discharge of, in substitution of, or in exchange for any of the Collateral.
Appears in 1 contract
Samples: Commercial Pledge Agreement (ERBA Diagnostics, Inc.)
Income and Proceeds from the Collateral. Lender may receive all Income income and Proceeds and add it to the Collateral. Grantor agrees to deliver to Lender immediately upon receipt, in the exact form received and without commingling with other property, all Income income and Proceeds from the Collateral which may be received by, paid, or delivered to Grantor or for Grantor's account, whether as an addition to, in discharge of, in substitution of, or in exchange for any of the Collateral.
Appears in 1 contract
Samples: Commercial Pledge Agreement (Osborne Richard M Trust)