Common use of Account Debtors Clause in Contracts

Account Debtors. None of the account debtors or other Persons obligated on any of the Collateral is a Governmental Authority covered by the Federal Assignment of Claims Act or any similar federal, state or local statute or rule in respect of such Collateral.

Appears in 8 contracts

Samples: Security Agreement (Security Devices International Inc.), Security Agreement (Security Devices International Inc.), Security Agreement

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Account Debtors. None of the account debtors or other Persons persons obligated on any of the Collateral is a Governmental Authority governmental authority covered by the Federal Assignment of Claims Act or any similar like federal, state or local statute or rule in respect of such Collateral.

Appears in 4 contracts

Samples: General Collateral Security Agreement (Alliance Pharmaceutical Corp), Imagent Security Agreement (Alliance Pharmaceutical Corp), General Collateral Security Agreement (Alliance Pharmaceutical Corp)

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