Common use of LOCATION OF RECEIVABLES Clause in Contracts

LOCATION OF RECEIVABLES. Borrower shall, at any reasonable time and at Borrower's own expense, upon Lender's request, physically deliver to Lender all Receivables (including any instruments, documents or writings in respect of any Receivable together with all instruments, documents or writings in respect of any collateral securing each Receivable) assigned to Lender to any reasonable place or places designated by Lender. All Receivables shall, regardless of their location, be deemed to be under Lender's dominion and control (with files so labeled) and deemed to be in Lender's possession.

Appears in 6 contracts

Samples: Loan and Security Agreement (Smart Choice Automotive Group Inc), Loan and Security Agreement (Smart Choice Automotive Group Inc), Loan and Security Agreement (American Business Financial Services Inc /De/)

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LOCATION OF RECEIVABLES. Borrower shall, at any reasonable time and at Borrower's own expense, upon Lender's request, physically deliver to Lender all Receivables (including any instruments, documents or writings in respect of any Receivable together with all instruments, documents or writings in respect of any collateral securing each Receivable) assigned to Lender to any reasonable place or places designated by Lender. All Receivables shall, regardless of their location, be deemed to be under LenderLender Under's dominion domination and control (with files so labeled) and deemed to be in Lender's possession.

Appears in 1 contract

Samples: Loan and Security Agreement (Crown Group Inc /Tx/)

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LOCATION OF RECEIVABLES. Borrower shall, at any reasonable time and at Borrower's own expense, upon Lender's request, physically deliver to Lender all Receivables (including any instruments, documents or writings in respect of any Receivable together with all instruments, documents or writings in respect of any collateral securing each Receivable) assigned to Lender to any reasonable place or places designated by Lender. All Receivables shall, regardless of their location, be deemed to be under Lender's dominion domination and control (with files so labeled) and deemed to be in Lender's possession.

Appears in 1 contract

Samples: Loan and Security Agreement (Stewart Finance Co)

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