Example ContractsClausescollectionIdentical
Collection
Collection contract clause examples

Accounts Collection. At any time after the occurrence of and during an Event of Default, the Administrative Agent may notify any Person owing funds to the Borrower of the Administrative Agent’s security interest in such funds and verify the amount of such Account. The Borrower shall collect for the Administrative Agent all amounts owing to the Borrower, receive in trust all such payments as the Administrative Agent’s trustee, and immediately deliver such payments to the Administrative Agent in their original form as received from the account debtor, with proper endorsements for deposit.

TechTarget Inc (TTGT) (CIK 0001293282)
Source: SEC EDGAR database • Date: November 3, 2021 • SIC: 7389 • CIK: 7389

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