Assignments of Receivables Sample Clauses

Assignments of Receivables. The Borrower will promptly, upon request, execute and deliver to the Lender written assignments, in form and content acceptable to the Lender, of specific Receivables or groups of Receivables; provided, however, the Lien and/or security interest granted to the Lender under this Agreement shall not be limited in any way to or by the inclusion or exclusion of Receivables within such assignments. Receivables so assigned shall secure payment of the Obligations and are not sold to the Lender whether or not any assignment thereof, which is separate from this Agreement, is in form absolute. The Borrower agrees that neither any assignment to the Lender nor any other provision contained in this Agreement or any of the other Financing Documents shall impose on the Lender any obligation or liability of the Borrower with respect to that which is assigned and the Borrower hereby agrees to indemnify the Lender and hold the Lender harmless from any and all claims, actions, suits, losses, damages, costs, expenses, fees, obligations and liabilities which may be incurred by or imposed upon the Lender by virtue of the assignment of and Lien on the Borrower’s rights, title and interest in, to, and under the Collateral.
AutoNDA by SimpleDocs
Assignments of Receivables. Each Borrower will promptly, upon request, execute and deliver to the Agent written assignments, in form and content acceptable to the Agent, of specific Receivables or groups of Receivables; provided, however, the Lien and/or security interest granted to the Agent, for the ratable benefit of the Lenders and for the benefit of the Agent with respect to the Agent’s Obligations, under this Agreement shall not be limited in any way to or by the inclusion or exclusion of Receivables within such assignments. Receivables so assigned shall secure payment of the Obligations and are not sold to the Agent and/or the Lenders whether or not any assignment thereof, which is separate from this Agreement, is in form absolute. The Borrowers agree that neither any assignment to the Lender nor any other provision contained in this Agreement or any of the other Financing Documents shall impose on the Agent or the Lenders any obligation or liability of any of the Borrowers with respect to that which is assigned and the Borrowers hereby agree jointly and severally to indemnify the Agent and the Lenders and hold the Agent and the Lenders harmless from any and all claims, actions, suits, losses, damages, costs, expenses, fees, obligations and liabilities which may be incurred by or imposed upon the Agent and/or any of the Lenders by virtue of the assignment of and Lien on any Borrower’s rights, title and interest in, to, and under the Collateral.
Assignments of Receivables. During the continuance of an Event of Default, Borrowers will promptly, upon request, execute and deliver to Agent written assignments, in form and content acceptable to Agent, of specific Receivables or groups of Receivables; provided, however, the Lien and/or security interest granted to Agent under this Agreement shall not be limited in any way to or by the inclusion or exclusion of Receivables within such assignments. Receivables so assigned shall secure payment of the Obligations and are not sold to Agent whether or not any assignment thereof, that is separate from this Agreement, is in form absolute. Borrowers agree that neither any assignment to Agent nor any other provision contained in this Agreement or any of the other Loan Documents shall impose on Agent any obligation or liability of Borrowers with respect to that which is assigned and Borrowers hereby agree to indemnify Agent and hold Agent harmless from any and all claims, actions, suits, losses, damages, costs, expenses, fees, obligations and liabilities that may be incurred by or imposed upon Agent by virtue of the assignment of and Lien on the Borrowers’ rights, title and interest in, to, and under the Collateral, in each case, in accordance with Section 12.4. Borrowers acknowledge and agree that this indemnification is a separate agreement and shall survive the termination of this Agreement and the Commitments and the payment and performance of all of the other Obligations, whether or not all or part thereof have been reduced to a judgment.
Assignments of Receivables. The Borrowers will promptly, upon request, execute and deliver to the Lender written assignments, in form and content acceptable to the Lender, of specific Receivables or groups of Receivables; provided, however, the Lien and/or security interest granted to the Lender under this Agreement shall not be limited in any way to or by the inclusion or exclusion of Receivables within such assignments. Receivables so assigned shall secure payment of the Obligations and are not sold to the Lender whether or not any assignment thereof, which is separate from this Agreement, is in form absolute.
Assignments of Receivables. 80 6.1.16 Government Accounts. 80 6.1.17 Inventory. 81 6.1.18 Insurance With Respect to and Inventory. 81 6.1.19 Credit Insurance. 82 6.1.20
Assignments of Receivables. 47 6.1.17 Maintenance of the Collateral. 48 6.1.18 Equipment. 48 6.1.19 Defense of Title and Further Assurances. 48 6.1.20
Assignments of Receivables. 105 6.1.17 Government Accounts......................................106 6.1.18 Notice of Returned Goods, etc............................106 6.1.19 Inventory................................................106 6.1.20 Equipment................................................106 6.1.21 Defense of Title and Further Assurances..................106 6.1.22 Business Names; Locations................................107 6.1.23 Subsequent Opinion of Counsel as to Recording Requirements.............................................108 6.1.24 Tax Refunds..............................................108 SECTION 6.2 Negative Covenants.......................................109 6.2.1 Capital Structure, Merger, Acquisition or Sale of Assets...................................................109 6.2.2 Subsidiaries.............................................110 6.2.3 Purchase or Redemption of Securities, Dividend Restrictions.............................................110 6.2.4 Indebtedness.............................................111 6.2.5 Investments, Loans and Other Transactions................111 6.2.6
AutoNDA by SimpleDocs
Assignments of Receivables. Assignment No. 1 of Receivables in Additional Accounts, dated as of July 1, 1996 Assignment No. 2 of Receivables in Additional Accounts, dated as of September 1, 1996 Assignment No. 3 of Receivables in Additional Accounts, dated as of December 1, 1997 Assignment No. 4 of Receivables in Additional Accounts, dated as of February 1, 1998 Assignment No. 5 of Receivables in Additional Accounts, dated as of April 1, 1998 Assignment No. 6 of Receivables in Additional Accounts, dated as of August 1, 1998 Assignment No. 7 of Receivables in Additional Accounts, dated as of November 1, 1998 Assignment No. 8 of Receivables in Additional Accounts, dated as of February 1, 1999 Assignment No. 9 of Receivables in Additional Accounts, dated as of April 1, 1999 Assignment No. 10 of Receivables in Additional Accounts, dated as of July 2, 1999 Assignment No. 11 of Receivables in Additional Accounts, dated as of October 1, 1999 Assignment No. 12 of Receivables in Additional Accounts, dated as of February 1, 2000 Assignment No. 13 of Receivables in Additional Accounts, dated as of April 1, 2000 Assignment No. 14 of Receivables in Additional Accounts, dated as of May 1, 2000 Assignment No. 15 of Receivables in Additional Accounts, dated as of August 1, 2000 Assignment No. 16 of Receivables in Additional Accounts, dated as of July 1, 2001 Assignment No. 17 of Receivables in Additional Accounts, dated as of September 1, 2001 Assignment No. 18 of Receivables in Additional Accounts, dated as of November 1, 2001 Supplemental Conveyance Agreement dated as of March 1, 2001 Assignment No. 19 of Receivables in Additional Accounts, dated as of March 6, 2002 Assignment No. 20 of Receivables in Additional Accounts, dated as of April 1, 2002 Assignment No. 21 of Receivables in Additional Accounts, dated as of May 1, 2002 Assignment No. 22 of Receivables in Additional Accounts, dated as of September 1, 2002 Assignment No. 23 of Receivables in Additional Accounts, dated as of November 1, 2002 Assignment No. 24 of Receivables in Additional Accounts, dated as of February 1, 2003 Assignment No. 25 of Receivables in Additional Accounts, dated as of April 1, 2003 Assignment No. 26 of Receivables in Additional Accounts, dated as of June 1, 2003 Assignment No. 27 of Receivables in Additional Accounts, dated as of August 1, 2003 Assignment No. 28 of Receivables in Additional Accounts, dated as of September 1, 2003 Assignment No. 29 of Receivables in Additional Accounts, dated as of October 1, 2003 Ass...
Assignments of Receivables. Except with respect to Receivables to which Section 6.1.21 applies, the Borrower will promptly, upon request, execute and deliver to the Lender written assignments, in form and content acceptable to the Lender, of specific Receivables or groups of Receivables; provided, however, the Lien and/or security interest granted to the Lender under this Agreement shall not be limited in any way to or by the inclusion or exclusion of Receivables within such assignments. Receivables so assigned shall secure payment of the Obligations and are not sold to the Lender whether or not any assignment thereof, which is separate from this Agreement, is in form absolute.
Assignments of Receivables. (a) On each Purchase Date, and subject to the terms and conditions of this Agreement:
Time is Money Join Law Insider Premium to draft better contracts faster.