Application after. acceleration From and after the giving of notice to the Borrowers by the Agent under Clause 23.2 (Acceleration), the Borrowers shall procure that all sums from time to time standing to the credit of any of the Accounts are immediately transferred to the Security Agent or any Receiver or Delegate for application in accordance with Clause 17.14 Application of moneys by Security Agent) and the Borrowers irrevocably authorise the Security Agent to instruct the Account Holder to make those transfers.
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Application after. acceleration From and after the giving of notice to the Borrowers by the Agent under Clause 23.2 (Acceleration), the Borrowers shall procure that all sums from time to time standing to the credit of any of the Accounts Reserve Account are immediately transferred to the Security Agent or any Receiver or Delegate for application in accordance with Clause 17.14 17.3 (Application of moneys by Security Agent) and the Borrowers irrevocably authorise the Security Agent to instruct the Account Holder Agent (as account holder) to make those transfers.
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Samples: Secured Loan Agreement (TORM PLC)
Application after. acceleration From and after the giving of notice to the Borrowers by the Agent under Clause 23.2 (Acceleration), the Borrowers shall procure that all sums from time to time standing to the credit of any of the Accounts are immediately transferred to the Security Agent or any Receiver or Delegate for application in accordance with Clause 17.14 (Application of moneys by Security Agent) and the Borrowers irrevocably authorise the Security Agent to instruct the Account Holder to make those transfers.
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Application after. acceleration From and after the giving of notice to the Borrowers by the Agent under Clause 23.2 (Acceleration), the Borrowers and the Original Guarantor shall procure that all sums from time to time standing to the credit of any of the Accounts Account are immediately transferred to the Security Agent or any Receiver or Delegate for application in accordance with Clause 17.14 17.10 (Application of moneys by Security Agent) and the Borrowers and the Original Guarantor irrevocably authorise the Security Agent to instruct the Account Holder to make those transfers.
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Application after. acceleration From and after the giving of notice to the Borrowers Borrower by the Agent under Clause 23.2 (Acceleration), the Borrowers Borrower shall procure that all sums from time to time standing to the credit of any either of the Accounts are immediately promptly transferred to the Security Agent or any Receiver or Delegate for application in accordance with Clause 17.14 17.12 (Application of moneys by Security Agent) and the Borrowers Borrower irrevocably authorise authorises the Security Agent to instruct the Account Holder to make those transfers.
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