Common use of Assignment of Proceeds Clause in Contracts

Assignment of Proceeds. Execute and deliver to Agent any and all additional documents that Agent may request in its Permitted Discretion, in form and substance reasonably satisfactory to Agent, providing for the assignment of all proceeds to Agent arising from any license or royalty agreement entered into by any Borrower with respect to such Borrower’s General Intangibles.

Assignment of Proceeds. Execute and deliver to Agent any and all additional documents that Agent may reasonably request in its Permitted Discretion, in form and substance reasonably satisfactory to Agent, providing for the collateral assignment of all proceeds to Agent arising from any license or royalty agreement entered into by any Borrower with respect to such Borrower’s General Intangibles. Such assignment shall provide that Borrower may retain such proceeds so long as no Event of Default shall have occurred and be continuing.

Assignment of Proceeds. Execute and deliver to Agent any and all additional documents that Agent may request in its Permitted Discretion, in form and substance reasonably satisfactory to Agent, providing for the assignment of all proceeds to Agent arising from any license or royalty agreement entered into by any the Borrower with respect to such Borrower’s 's General Intangibles."

Assignment of Proceeds. Execute and deliver to Agent any and all additional documents that Agent may request in its Permitted Discretion, in form and substance reasonably satisfactory to Agent, providing for the assignment of all proceeds to Agent arising from any license or royalty agreement entered into by any the Borrower with respect to such Borrower’s General Intangibles.

Assignment of Proceeds. Execute and deliver to Agent any and all additional documents that Agent may reasonably request in its Permitted Discretion, in form and substance reasonably satisfactory to Agent, providing for the collateral assignment of all proceeds to Agent arising from any license or royalty agreement entered into by any Borrower with respect to such Borrower’s 's General Intangibles. Such assignment shall provide that Borrower may retain such proceeds so long as no Event of Default shall have occurred and be continuing.