Application of Cash. At Lender's option, Lender may apply any cash, whether included in the Collateral or received as Income and Proceeds or through liquidation, sale, or retirement, of the Collateral, to the satisfaction of the Indebtedness or such portion thereof as Lender shall choose, whether or not matured.
Appears in 23 contracts
Samples: Pledge and Security Agreement (Black Ridge Oil & Gas, Inc.), Business Loan Agreement (Landmark Bancorp Inc), Pledge Agreement (Granite Falls Energy, LLC)
Application of Cash. At Lender's ’s option, Lender may apply any cash, whether included in the Collateral or received as Income and Proceeds or through liquidation, sale, or retirement, of the Collateral, to the satisfaction of the Indebtedness or such portion thereof as Lender shall choose, whether or not matured.
Appears in 17 contracts
Samples: Commercial Pledge Agreement (Laird Superfood, Inc.), Commercial Pledge Agreement (Laird Superfood, Inc.), Business Loan Agreement (Landmark Bancorp Inc)
Application of Cash. At Lender's option, Lender may apply any cash, whether included in the Collateral or received as Income and Proceeds or through liquidation, sale, or retirement, split up, dividend, distribution, or other disposition of the Collateral, to the satisfaction of the Indebtedness or such portion thereof as Lender shall choose, whether or not matured.
Appears in 3 contracts
Samples: Commercial Pledge and Security Agreement (Bj Chicago LLC), Acknowledgement and Agreement (Genitope Corp), Pledge and Security Agreement (Vision Sciences Inc /De/)
Application of Cash. At Lender's option, Lender may apply any cash, whether included in the Collateral or received as Income and Proceeds or through liquidation, sale, or retirement, retirement of the Collateral, to the satisfaction of the Indebtedness or such portion thereof as Lender shall choose, whether or not matured.
Appears in 1 contract
Application of Cash. At Lender's option, Lender may apply any cash, whether included in the Collateral or received as Income and Proceeds or through liquidationliquidations, sale, or retirement, of the Collateral, to the satisfaction of the Indebtedness indebtedness or such portion thereof as Lender shall choose, whether or not matured.
Appears in 1 contract
Samples: Commercial Pledge Agreement (Osborne Richard M Trust)
