Proceeds and Collection of Accounts. (a) All Receipts constitute Collateral and proceeds of Collateral and shall be held in trust by the Borrower for the Lender; shall not be commingled with any of the Borrower's other funds; and shall be deposited and/or transferred only to the Blocked Account.
Proceeds and Collection of Accounts. (a) All Receipts constitute Collateral and proceeds of Collateral and shall be held in trust by the Obligors for the Collateral Agent, shall not be commingled with any of the Obligors’ other funds, and shall be deposited and/or transferred only to a Blocked Account, the Operating Account, or the Concentration Account, or another DDA permitted hereunder (and, in such case, only if the funds in such DDA are deposited and/or transferred to a Blocked Account, Operating Account, or Concentration Account).
Proceeds and Collection of Accounts. (a) All Receipts constitute Collateral and proceeds of Collateral and, after the occurrence and during the continuance of a Cash Dominion Event, shall be held in trust by the Loan Parties for the Lender; shall not be commingled with any of a Loan Party’s other funds; and shall be deposited and/or transferred only to the Blocked Account.
Proceeds and Collection of Accounts. (a) All Receipts:
Proceeds and Collection of Accounts. (a) All Receipts constitute Collateral and proceeds of Collateral and shall be held in trust by the Obligors for the Agent; and shall be deposited and/or transferred only to the Concentration Account.
Proceeds and Collection of Accounts. (a) It is recognized and intended that all Receipts constitute Collateral and proceeds of Collateral. A portion of the Receivables Collateral consists of Receipts.
Proceeds and Collection of Accounts. (a) During the Sweep Period, all Receipts constitute Collateral and proceeds of Collateral shall be held in trust by the Borrower for the Agent, shall not be commingled with any of the Borrower’s other funds, and (other than amounts maintained in DDAs pursuant to Sections 7.4(b) and 7.4(c) and amounts retained for pxxxx cash at each store) shall be deposited and/or transferred only to the Blocked Account(s), Operating Account or the Concentration Account, or another DDA permitted hereunder (and in such case, only if the funds in such DDA are deposited and/or transferred to a Blocked Account, Operating Account or Concentration Account).
Proceeds and Collection of Accounts. (a) All Receipts and all other proceeds of Collateral shall be held in trust by the Borrower for the Agent and shall not be commingled with any of the Borrower’s other funds. All Receipts and other proceeds of Collateral shall promptly be deposited and/or transferred only to the Blocked Account(s), or the Concentration Account, or another DDA permitted hereunder which are established and used solely for the purpose of receiving Receipts and other proceeds of Collateral from a retail store location (collectively, the “Store Accounts”) (and in such case, only if the funds in such DDA are deposited and/or transferred to a Blocked Account in accordance with Section 7.4(b)).
Proceeds and Collection of Accounts. (a) All Receipts constitute Collateral and proceeds of Collateral and shall be held in trust by the Borrower for the Collateral Agent; shall not be commingled with any of the Borrower's other funds; and shall be deposited and/or transferred only to the Blocked Account. (b) The Borrower shall cause the ACH or wire transfer to the Blocked Account, no less frequently than daily (and whether or not there is then an outstanding balance in the Loan Account) of (i) the then contents of each DDA (other than (A) any Local DDA and (B) the Operating Account), each such transfer to be net of any minimum balance, not to exceed that amount (not to exceed $2,500.00), as the Borrower, in its best business judgment, determines as being required to be maintained in the subject DDA by the bank at which such DDA is maintained); and (ii) the proceeds of all credit card charges not otherwise provided for pursuant hereto. Telephone advice (confirmed by written notice) shall be provided to the Administrative Agent on each Business Day on which any such transfer is made. (c) Whether or not any Liabilities are then outstanding, the Borrower shall cause the ACH or wire transfer to the Concentration Account, no less frequently than daily, of then entire ledger balance of the Blocked Account, net of such minimum balance, not to exceed that amount (not to exceed $2,500.00), as the Borrower, in its best business judgment, determines as being required to be maintained in the subject DDA by the bank at which such DDA is maintained (d) In the event that, notwithstanding the provisions of this Section 8-4, the Borrower receives or otherwise has dominion and control of any Receipts, or any proceeds or collections of any Collateral, such Receipts, proceeds, and collections shall be held in trust by the Borrower for the Administrative Agent and shall not be commingled with any of the Borrower's other funds or deposited in any account of the Borrower other than as instructed by the Administrative Agent.
Proceeds and Collection of Accounts. (a) All Receipts constitute Collateral and proceeds of Collateral and shall be held in trust by the Borrower for the Agent; shall not be commingled with any of the Borrower's other funds; and shall be deposited and/or transferred only to the Concentration Account. (b) The Borrower shall cause the ACH or wire transfer to the Concentration Account, no less frequently than daily (and whether or not there is then an outstanding balance in the Loan Account) of (i) the then contents of each DDA (other than (A) any Local DDA and (B) the Funding Account), each such transfer to be net of any minimum balance, not to exceed $750.00, as may be required to be
