INCOME FROM AND INTEREST ON COLLATERAL Sample Clauses

INCOME FROM AND INTEREST ON COLLATERAL. (a) Until default, Debtor reserves the right to receive any Money constituting income from or interest on Collateral and if RBC receives any such Money prior to default, RBC shall either credit the same against the Indebtedness or pay the same promptly to Debtor.
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INCOME FROM AND INTEREST ON COLLATERAL. 12.1 Until default, the Debtor reserves the right to receive any money constituting income from or interest on Collateral and if the Secured Party receives any such money before default, the Secured Party shall either credit that money against the Obligations or pay it promptly to the Debtor.
INCOME FROM AND INTEREST ON COLLATERAL. 7.1 Until the occurrence of an Event of Default (as defined in Section 10.1), the Guarantor reserves the right to receive any money constituting income from or interest on the Collateral and if the Secured Party receives any such money before the occurrence of an Event of Default, the Secured Party shall either credit the amount of such money against the Obligations or pay the amount of such money promptly to the Guarantor.
INCOME FROM AND INTEREST ON COLLATERAL. (a) Until default, Debtor reserves the right to receive any Money constituting income from or interest on Collateral and if Lender receives any such Money prior to default, Lender shall either credit the same against the Indebtedness or pay the same promptly to Debtor.
INCOME FROM AND INTEREST ON COLLATERAL. Subject to the provisions of Section 12 and 13 hereof:
INCOME FROM AND INTEREST ON COLLATERAL. A. Until the occurrence of an Event of Default, the Company reserves the right to receive all income from or interest on the Collateral and if Agent receives any such income or interest prior to such Event of Default, Agent shall pay the same promptly to the Company.
INCOME FROM AND INTEREST ON COLLATERAL. (a) Until default, Debtor reserves the right to receive any Money constituting income from or interest on Collateral and if RIF receives any such Money prior to default, RIF shall either credit the same against the Indebtedness or pay the same promptly to Debtor.
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INCOME FROM AND INTEREST ON COLLATERAL. A. Until the occurrence of an Event of Default, the Company reserves the right to receive al income from or interest on the Collateral and if Republic receives any such income or interest prior to such Event of Default, Republic shall pay the same promptly to the Company.
INCOME FROM AND INTEREST ON COLLATERAL. (a) Until the occurrence and continuation of an Event of Default, Pledgor reserves the right to receive all income from or interest on the Collateral, and if Secured Party receives any such income or interest prior to such Event of Default, Secured Party shall pay the same promptly to Pledgor.
INCOME FROM AND INTEREST ON COLLATERAL. 18. (a) Until default, the Debtor reserves the right to receive any Money constituting income from or interest on Collateral and if the Secured Party receives any such Money prior to default, the Secured Party shall either credit the same against the Indebtedness or pay the same promptly to the Debtor.
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