Today, even in the case of a cash flow agreement, the bank might be particularly interested in ensuring that it can exclude the license and the source of revenue. Not surprisingly, the law treats collateral differently and offers the bank increased protection when the source of revenue has been allocated (unlike the license itself). We will examine this issue in more detail in our next post, but in order not to keep you in tension, we are simply saying that in this case (more convenient than in the first example), the bank can count on the protection of the law`s right to close the license and renounce the licensee`s agreement. As explained below, license payments cannot serve as collateral for a loan to deposit LLCs, as these payments are made by Debitoren LLCs to the franchisor and licensor. Only real estate/income of the debtor (e.g.B.