An agreement under which the borrower transfers to the lender the borrower’s interest in rents generated by the borrower’s real property, either “absolutely” or as security for a debt. Rents are “cash collateral” under the Code, and the lender is entitled to “adequate protection” before the debtor will be allowed to use the rents.
Bankruptcy Code § 363. See also Absolute Assignment of Rents, Adequate Protection, Assignment of Rents for Security, Butner Case, Use of Cash Collateral.