Common use of Application against Secured Obligations Clause in Contracts

Application against Secured Obligations. Subject to Clause 13.1 above, any monies or other value received or realised by the Security Agent from the Chargor or a Receiver under this Debenture may be applied by the Security Agent to any item of account or liability or transaction forming part of the Secured Obligations to which they may be applicable in any order or manner which the Security Agent may determine.

Appears in 3 contracts

Samples: Debenture, Debenture, Debenture

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Application against Secured Obligations. Subject to Clause 13.1 above, any monies or other value received or realised by the Security Agent from the Chargor or a Receiver under this Debenture Deed may be applied by the Security Agent to any item of account or liability or transaction forming part of the Secured Obligations to which they may be applicable in any order or manner which the Security Agent may determine.

Appears in 3 contracts

Samples: Share Charge and Receivables Assignment Agreement, Share Charge and Receivables Assignment Agreement, Share Charge and Receivables Assignment Agreement

Application against Secured Obligations. Subject to Clause 13.1 (Order of application) above, any monies moneys or other value received or realised by the Security Agent from the Chargor or a Receiver under this Debenture Security Agreement may be applied by the Security Agent to any item of account or liability or transaction forming part of the Secured Obligations to which they may be applicable in any order or manner which the Security Agent may determine.

Appears in 2 contracts

Samples: Security Agreement (Paysafe LTD), Security Agreement (Paysafe LTD)

Application against Secured Obligations. Subject to Clause 13.1 14.1 (Order of application) above, any monies moneys or other value received or realised by the Security Agent from the a Chargor or a Receiver under this Debenture may be applied by the Security Agent to any item of account or liability or transaction forming part of the Secured Obligations to which they may be applicable in any order or manner which the Security Agent may determine.

Appears in 2 contracts

Samples: Debenture (Paysafe LTD), Debenture (Paysafe LTD)

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Application against Secured Obligations. Subject to Clause 13.1 11.1 above, any monies moneys or other value received or realised by the Security Agent from the a Chargor or a Receiver under this Debenture Deed may be applied by the Security Agent to any item of account or liability or transaction forming part of the Secured Obligations to which they may be applicable in any order or manner which the Security Agent may determine.

Appears in 1 contract

Samples: Deed of Charge

Application against Secured Obligations. Subject to Clause 13.1 β€Ž10.1 (Order of Application) above, any monies moneys or other value received or realised by the Security Agent from the Chargor or a Receiver under this Debenture may be applied by the Security Agent to any item of account or liability or transaction forming part of the Secured Obligations to which they may be applicable in any order or manner which the Security Agent may determine.

Appears in 1 contract

Samples: Margin Loan Agreement (PW Medtech Group LTD)

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