TO THIS SECTION 5(E) SHALL BE PAID TO THE
SECURED PARTY (EXCEPT AS TO WHICH PARAGRAPH (III) OF THIS SECTION 5(E) IS NOT
APPLICABLE), SUCH GRANTOR WILL MAKE OR CAUSE TO BE MADE THE NECESSARY REPAIRS TO
OR REPLACEMENTS OF SUCH EQUIPMENT OR INVENTORY, AND ANY PROCEEDS OF INSURANCE
MAINTAINED BY SUCH GRANTOR PURSUANT TO THIS SECTION 5(E) SHALL BE PAID BY THE
SECURED PARTY TO SUCH GRANTOR AS REIMBURSEMENT FOR THE COSTS OF SUCH REPAIRS OR
REPLACEMENTS.
(III)
ALL INSURANCE PAYMENTS IN RESPECT OF SUCH EQUIPMENT OR INVENTORY
SHALL BE PAID TO THE SECURED PARTY AND APPLIED AS SPECIFIED IN
SECTION 7(B) HEREOF.
(F)
PROVISIONS CONCERNING THE ACCOUNTS AND THE LICENSES.
(I)
EACH GRANTOR WILL (A) GIVE THE SECURED PARTY AT LEAST 30 DAYS'
PRIOR WRITTEN NOTICE OF ANY CHANGE IN SUCH GRANTOR'S NAME, IDENTITY OR
ORGANIZATIONAL STRUCTURE, (B) MAINTAIN ITS JURISDICTION OF INCORPORATION AS SET
FORTH IN SECTION 4(B) HERETO, (C) IMMEDIATELY NOTIFY THE SECURED PARTY UPON
OBTAINING AN ORGANIZATIONAL IDENTIFICATION NUMBER, IF ON THE DATE HEREOF SUCH
GRANTOR DID NOT HAVE SUCH IDENTIFICATION NUMBER, AND (D) KEEP ADEQUATE RECORDS
CONCERNING THE ACCOUNTS AND CHATTEL PAPER AND PERMIT REPRESENTATIVES OF THE
SECURED PARTY DURING NORMAL BUSINESS HOURS ON REASONABLE NOTICE TO SUCH GRANTOR,
TO INSPECT AND MAKE ABSTRACTS FROM SUCH RECORDS AND CHATTEL PAPER.
(II)
EACH GRANTOR WILL, EXCEPT AS OTHERWISE PROVIDED IN THIS
SUBSECTION (F), CONTINUE TO COLLECT, AT ITS OWN EXPENSE, ALL AMOUNTS DUE OR TO
BECOME DUE UNDER THE ACCOUNTS.
IN CONNECTION WITH SUCH COLLECTIONS, SUCH
GRANTOR MAY (AND, AT THE SECURED PARTY'S DIRECTION, WILL) TAKE SUCH ACTION AS
SUCH GRANTOR OR THE SECURED PARTY MAY DEEM NECESSARY OR ADVISABLE TO ENFORCE
COLLECTION OR PERFORMANCE OF THE ACCOUNTS; PROVIDED, HOWEVER, THAT THE SECURED
PARTY SHALL HAVE THE RIGHT AT ANY TIME, UPON THE OCCURRENCE AND DURING THE
CONTINUANCE OF AN EVENT OF DEFAULT, TO NOTIFY THE ACCOUNT DEBTORS OR OBLIGORS
UNDER ANY ACCOUNTS OF THE ASSIGNMENT OF SUCH ACCOUNTS TO THE SECURED PARTY AND
TO DIRECT SUCH ACCOUNT DEBTORS OR OBLIGORS TO MAKE PAYMENT OF ALL AMOUNTS DUE OR
TO BECOME DUE TO SUCH GRANTOR THEREUNDER DIRECTLY TO THE SECURED PARTY OR ITS
DESIGNATED AGENT AND, UPON SUCH NOTIFICATION AND AT THE EXPENSE OF SUCH GRANTOR
AND TO THE EXTENT PERMITTED BY LAW, TO ENFORCE COLLECTION OF ANY SUCH ACCOUNTS
AND TO ADJUST, SETTLE OR COMPROMISE THE AMOUNT OR PAYMENT THEREOF, IN THE SAME
MANNER AND TO THE SAME EXTENT AS SUCH GRANTOR MIGHT HAVE DONE.
AFTER RECEIPT BY
A GRANTOR OF A NOTICE FROM THE SECURED PARTY THAT THE SECURED PARTY HAS
NOTIFIED, INTENDS TO NOTIFY, OR HAS ENFORCED OR INTENDS TO ENFORCE A GRANTOR'S
RIGHTS AGAINST THE ACCOUNT DEBTORS OR OBLIGORS UNDER ANY ACCOUNTS AS REFERRED TO
IN THE PROVISO TO THE IMMEDIATELY PRECEDING SENTENCE, (A) ALL AMOUNTS AND
PROCEEDS (INCLUDING INSTRUMENTS) RECEIVED BY SUCH GRANTOR IN RESPECT OF THE
ACCOUNTS SHALL BE RECEIVED IN TRUST FOR THE BENEFIT OF THE SECURED PARTY
HEREUNDER, SHALL BE SEGREGATED FROM OTHER FUNDS OF SUCH