Common use of Additional Security; Right to Set-Off Clause in Contracts

Additional Security; Right to Set-Off. Any deposits or other sums at any time credited or due from any Secured Party and any securities or other property of the Company in the possession of any Secured Party or the Collateral Agent may at all times be treated as collateral security for the payment of the Obligations, and the Company hereby pledges to each such Secured Party for the benefit of the Project Secured Parties and grants such Secured Party a security interest in and to all such deposits, sums, securities or other property on deposit or in the possession of such Secured Party or the Collateral Agent, as the case may be. Regardless of the adequacy of any other collateral, any Secured Party may execute or realize on its security interest in any such deposits or other sums credited by or due from any such Person to the Company, may apply any such deposits or other sums to or set them off against the Company's obligations to the Project Secured Parties under this Agreement and the other Financing Agreements, subject to the Intercreditor Agreements, at any time after the occurrence and during the continuance of any Event of Default.

Additional Security; Right to Set-Off. Any deposits or other sums at any time credited or due from any Secured Party and any securities or other property of the Company in the possession of any Secured Party or the Collateral Agent may at all times be treated as collateral security for the payment of the Obligations, and the Company hereby pledges to each such Secured Party for the benefit of the Project Secured Parties and grants such Secured Party a security interest in and to all such deposits, sums, securities or other property on deposit or in the possession of such Secured Party or the Collateral AgentParty, as the case may be. Regardless of the adequacy of any other collateral, any Secured Party may execute or realize on its security interest in any such deposits or other sums credited by or due from any such Person to the Company, may apply any such deposits or other sums to or set them off against the Company's obligations to the Project Secured Parties under this Agreement and the other Financing Agreements, subject to the Intercreditor Agreements, at any time after the occurrence and during the continuance of any Event of Default.

Additional Security; Right to Set-Off. Any deposits or other sums at any time credited or due from any Secured Party and any securities or other property of the Company in the possession of any Secured Party or the Collateral Agent may at all times be treated as collateral security for the payment of the Obligations, and the Company hereby pledges to each such Secured Party the Disbursement Agent for the benefit of the Project Secured Parties and grants such Secured Party the Disbursement Agent a security interest in and to all such deposits, sums, securities or other property on deposit or in the possession of such Secured Party or the Collateral AgentParty, as the case may be. Regardless of the adequacy of any other collateral, any Secured Party may execute or realize on its the Secured Parties' security interest in any such deposits or other sums credited by or due from any such Person to the Company, may apply any such deposits or other sums to or set them off against the Company's obligations to the Project Secured Parties under this Agreement and the other Financing Agreements, subject to the Intercreditor Agreements, Agreements at any time after the occurrence and during the continuance of any Event of Default.

Additional Security; Right to Set-Off. Any deposits or other sums at any time credited or due from any Secured Party and any securities or other property of the Company Borrower in the possession of any Secured Party or the Collateral Agent may at all times be treated as collateral security for the payment of the Obligations, and the Company Borrower hereby pledges to each such Secured Party the Disbursement Agent for the benefit of the Project Secured Parties and grants such Secured Party the Disbursement Agent a security interest in and to all such deposits, sums, securities or other property on deposit or in the possession of such Secured Party or the Collateral AgentParty, as the case may be. Regardless of the adequacy of any other collateral, any Secured Party may execute or realize on its the Secured Parties' security interest in any such deposits or other sums credited by or due from any such Person to the Company, Borrower and may apply any such deposits or other sums to or set them off against the CompanyBorrower's obligations to the Project Secured Parties under this Disbursement Agreement and the other Financing Agreements, subject to the Intercreditor Agreements, Loan Documents at any time after the occurrence and during the continuance of any Event of Default.