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: Commercial 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.), Commercial Pledge Agreement
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. Lender may alternatively and at its sole option and election hold such cash as additional "cash collateral" to secure the Indebtedness.
Appears in 5 contracts
Samples: Commercial Pledge Agreement (Premier Financial Bancorp Inc), Commercial Pledge Agreement (Premier Financial Bancorp Inc), Commercial Pledge Agreement (Premier Financial 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), Business Loan Agreement (Vision Sciences Inc /De/), Omnibus Addendum to Promissory Notes (Genitope Corp)
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 indebtedness or such portion thereof as Lender shall choose, whether or not matured.
Appears in 2 contracts
Samples: Commercial Pledge Agreement (Advanced Life Sciences Holdings, Inc.), Commercial Pledge Agreement (Advanced Life Sciences Holdings, 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, of the Collateral, to the satisfaction of the Indebtedness or of such portion thereof as Lender shall choose, whether or not matured.
Appears in 2 contracts
Samples: Commercial Pledge Agreement (LSB Industries Inc), Commercial Pledge and Security Agreement (Williams Francis M)
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 indebtedness or such portion thereof as Lender shall choose, whether or not matured.,
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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
Samples: Commercial Pledge and Security Agreement (Penn Octane Corp)
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 maturedmature.
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 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 1 contract
Application of Cash. At Lender's ’s option, Lender may apply any cash, whether included in the Collateral or received as Income 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 1 contract
Application of Cash. At Lender's Creditor’s option, Lender Creditor 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 Creditor shall choose, whether or not matured.
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Application of Cash. At Lender's Bank’s option, Lender Bank 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 Obligations or such portion thereof as Lender Bank shall choose, whether or not matured.
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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)
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, split up, dividend, distribution, or other disposition of the Collateral, to the satisfaction of the Indebtedness Obligations or such portion thereof as Lender shall choose, whether or not matured.
Appears in 1 contract
Samples: Loan and Security Agreement (Wisa Technologies, 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, of the Collateral, to the satisfaction of the Indebtedness or such portion thereof as Lender shall choose, COMMERCIAL PLEDGE AGREEMENT (Continued) Page 2 ================================================================================ whether or not matured.
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