Common use of USE AND COLLECTION OF COLLATERAL Clause in Contracts

USE AND COLLECTION OF COLLATERAL. 50 6-1. -Use of Inventory Collateral..............................50 6-2. -Inventory Quality........................................50 6-3. -Adjustments and Allowances...............................50 6-4. -Validity of Accounts.....................................50 6-5. -Notification to Account Debtors..........................51 ARTICLE 7-CASH MANAGEMENT. PAYMENT OF LIABILITIES............................51 7-1. -Depository Accounts......................................51 7-2. -Credit Card Receipts.....................................51 7-3. -The Concentration and the Funding Accounts...............51 7-4. -Proceeds and Collection of Accounts......................52 7-5. -Payment of Liabilities...................................52 7-6. -The Funding Account......................................53

USE AND COLLECTION OF COLLATERAL. 50 73 6-1. -Use Use of Inventory Collateral..............................50 ............................ 73 6-2. -Inventory Quality........................................50 Adjustments and Allowances............................. 73 6-3. -Adjustments and Allowances...............................50 Validity of Accounts................................... 73 6-4. -Validity of Accounts.....................................50 6-5. -Notification Notification to Account Debtors..........................51 ........................ 74 Exhibit 10.4 ARTICLE 7-7 - CASH MANAGEMENT. PAYMENT OF LIABILITIES............................51 :.................. 74 7-1. -Depository 1 Depository Accounts......................................51 .................................... 74 7-2. -Credit Credit Card Receipts.....................................51 ................................... 75 7-3. -The Concentration The Concentration, Blocked, and the Funding Operating Accounts...............51 ..... 75 7-4. -Proceeds Proceeds and Collection of Accounts......................52 .................... 76 7-5. -Payment Payment of Liabilities...................................52 ................................. 77 7-6. -The Funding The Operating Account......................................53.................................. 78 ARTICLE 8 - GRANT OF SECURITY INTEREST:............................... 78 8-1. Grant of Security Interest............................. 78 8-2. Extent and Duration of Security Interest............... 80

USE AND COLLECTION OF COLLATERAL. 50 67-1. -Use Use of Inventory Collateral..............................50 6.......................................... 60 7-2. -Inventory Inventory Quality........................................50 6.................................................... 60 7-3. -Adjustments Adjustments and Allowances...............................50 6........................................... 60 7-4. -Validity Validity of Accounts.....................................50 6................................................. 61 7-5. -Notification Notification to Account Debtors..........................51 ...................................... 61 ARTICLE 7-8 - CASH MANAGEMENT. PAYMENT OF LIABILITIES............................51 7: 8-1. -Depository 1 Depository Accounts......................................51 7.................................................. 61 8-2. -Credit Credit Card Receipts.....................................51 7................................................. 62 8-3. -The The Concentration and the Funding Disbursement Accounts...............51 7...................... 62 8-4. -Proceeds Proceeds and Collection of Accounts......................52 7.................................. 62 8-5. -Payment Payment of Liabilities...................................52 7............................................... 63 8-6. -The Funding The Disbursement Account......................................53............................................. 64

USE AND COLLECTION OF COLLATERAL. 50 71 6-1. -Use Use of Inventory Collateral..............................50 ..................................................................71 6-2. -Inventory Inventory Quality........................................50 ............................................................................72 6-3. -Adjustments Adjustments and Allowances...............................50 ...................................................................72 6-4. -Validity Validity of Accounts.....................................50 .........................................................................72 6-5. -Notification Notification to Account Debtors..........................51 ..............................................................72 ARTICLE 7-7 - CASH MANAGEMENT. PAYMENT OF LIABILITIES............................51 ..............................................................73 7-1. -Depository 1 Depository Accounts......................................51 ..........................................................................73 7-2. -Credit Credit Card Receipts.....................................51 .........................................................................73 7-3. -The The Concentration and the Funding Accounts...............51 ...................................................73 7-4. -Proceeds Proceeds and Collection of Accounts......................52 ..........................................................74 7-5. -Payment Payment of Liabilities...................................52 .......................................................................75 7-6. -The The Funding Account......................................53; the CAN Funding Account.................................................76 7-7. Transfers From CAN Borrower..................................................................76