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HomeMy WebLinkAbout2610 not more than -rJ :?n;~s :~li. t•.. -..Y ;ntc .;cc:~~=_, . set-offs and counter^l~z:ns s~a i~,< < r, W~ ~ral•ze s:.el: r.<- ~~rmined . by Secured party ic: d:~creT :~n a.7d shal ~F~ c,::3~ng upon Debtor; (c) As tc ~'r:~ ~a~~~~c__}~ _,rt:~t. ~?i ~oe Co2la~era~, (1) L~~ C: i.~_`: ai ~ ~ : : . _ = r • , ve c ~~red ?'aY±; ~ , a~, such intervals as Sec?az•r ~~r-y :^a,~ rec~uire, c~r w;~'r_.n :,en (10) days fo~_1 _:-.r:~ c ~ eacn fiscal-; e~.~•- quarter, a~~uart.>~i~: _ rc :or~ S~1~i.~Sf8Ct.i?'~; ~.o Sec~ed par t f r: ; re f' eci al l it~"^.•~~~t ion concerning Lhe ~r;~~"- r~f ;~~:~~3 Y~ecessary or :~si: ab2e by SecurPCi ~ar~.,~, of e~.ragraph t. hereof belrig mCdif,E•~ , ~~x*..",t~ 3n•3 (ii) ,r:~tz'_ , ~et?.~r ~~d,~~r unt.il Secured Party gives t~ ~e~ ~*e~ r.~:.ice tv the cantrary, Debtor may ase ' n~~ r: - y ir. am; la~f~Zl manner in the ordir.ary co=..u~e c_ t:.~vs, the provisions oP paragragh t: ~ r ~ : ~ : . . . ~c: :3 . i _ r ~ ;.c ~h i s extent; (d) As t;.' iI.£ _ ' '.'c~" : _ %~C _E' "Cr~.or_ ~f the Collateral, ti; ~er ~~3:• : r. ~:~i::*„a~:~ such reeords and con ~ro1 ~_<c~ ^ ~ ~r:: _r•g . L,e ~cc~ur. ;s Receivable . 85 ~8 38t2Si8CLti:,•',! ...,.`'e•:..i~. ~.~-~3.?'~';'~j ( ii ) ~et * ~ ~ ~ _ : _ . t.~. Secured Ferty, ~rithin the Yirst te~ = I::: ~,•~rr. e~^r.t!?, a repc~rt for the preced2ng * r., _ . : . . . ~ i ~ ~ `:~ry Lc~ Sec~zred FartY, Which tirilZ f'u! f'~ ~ zfc~rr~± ~an cor.cerning the Accounts Re~Fi~.~ a~-::~~:c~. ~:~•.-.~ssar~r ~r desirable by Secured Fart~, ~•ne ~2'~. ~7f~ io~:~ of ~era~aph 6 liereof being modified t~ ~~r :.s ~ ~~r-, ~ ; ( i i i) ~~e~ ~ _ _ ~ _ _ ~E~±3:'P.ld Z SI~~.; * ~ i:~btor oP s~tritten r_~` ~cF, ~~:~:.reiry, ~e!,tor sk~ail rrake all collectio~s a:~a :c--_~: F~ i ~7r^CEeC~s of, and exerc,se ; dominion and cun~.ro~ :.:r~r :i:e nccoants Receizfable in the - ordinar; ~;;;irsF ~ , _ . • rj.T::~ , (iv) At an;y~ ~t:i.^?e ~~~~'`rn ~r after default by Jebtor, Secured party ~y , ; u~ ; ; _c;rt ~~c v ice to ~ebtor, : ~voke the rignts re::-_r.~~ri ::::~.lr ir~ ~a.ra~raph (iii} aY,~ve, and i~media~ely •:t:c~;-~ ::~,r n~: tix3~ all accou:: ~ debtors to pay surh ~cco~;n? s~:~~ :.~.^a7-ed ; art~r, and may eallect and receive al ;~~-~~ce~_~-',:; :r~z-~oi f~r avp].icati~n on the ~ indebtedness ?:ere:.:r ~~c~a:-~ . -~E'. ~.c:• ti~ereby authorizes G . , _ and empowers .;.~c~:Y~~ :.-:r-.,~ '_o .s.~ ea~~: at:~ e:iery la~rf'uI act it ddems n: f•~•:,, a~ a:.? effect such col- lections, eltt? ~=T ! ri `:$r:~ J or fn ~hE name of Seeured par :y a~ a~ c:: 3.~c~ irl~ k i iYiaut 1 imitation the power t~ ~uf , ~ . : = e, 3:?C~G7l and ~ive acquit- tances •.~nih ~e=_ _ - - ~ ~ • T ;:~a~:n:.5 Rece~ivable; and L~e~tor agrees to d~I . r . - . ~~a: ' 1 ~11 ±~_~o::s, records aud docw~entat i~% . _ . . _ _ _ ~ s :icce i ~~ble ~.:,r~edi - ately u~c;r~ v~r ~ - - • : = .~,az~ea Purtv. ~ RO N Form 12I t 2,i?~ , ~ ~ . . ° ~ 222 ?~E 2~a9 • ' eooN ; . _ . ,r - _ ~ - ~ ~ ~ _