Common use of Application of credit balances Clause in Contracts

Application of credit balances. Each Creditor Party may without prior notice: (a) apply any balance (whether or not then due) which at any time stands to the credit of any account in the name of the Borrower at any office in any country of that Creditor Party in or towards satisfaction of any sum then due from the Borrower to that Creditor Party under any of the Finance Documents; and (b) for that purpose:

Application of credit balances. Each Following the occurrence of an Event of Default which is continuing, each Creditor Party may without prior noticenotice to the Borrower but with prior notice to the Agent: (a) apply any balance (whether or not then due) which at any time stands to the credit of any account in the name of the Borrower at any office in any country of that Creditor Party in or towards satisfaction of any sum then due from the Borrower to that Creditor Party under any of the Finance Documents; and (b) for that purpose:

Application of credit balances. Each Creditor Party may without prior noticenotice but following the occurrence of an Event of Default which is continuing: (a) apply any balance (whether or not then due) which at any time stands to the credit of any account in the name of the Borrower at any office in any country of that Creditor Party in or towards satisfaction of any sum then due from the Borrower to that Creditor Party under any of the Finance Documents; and (b) for that purpose:

Application of credit balances. Each Creditor Party may without prior notice: (a) apply any balance (whether or not then due) which at any time stands to the credit of any account in the name of the Borrower Guarantor at any office in any country of that Creditor Party in or towards satisfaction of any sum then due from the Borrower Guarantor to that Creditor Party under this Guarantee or any of the other Finance Documents; and (b) for that purpose:

Application of credit balances. Each Creditor Party may without prior noticenotice to the Borrower but with prior notice to the Agent: (a) apply any balance (whether or not then due) which at any time stands to the credit of any account in the name of the Borrower at any office in any country of that Creditor Party in or towards satisfaction of any sum then due from the Borrower to that Creditor Party under any of the Finance Documents; and (b) for that purpose:

Application of credit balances. Each Creditor Party may without prior noticenotice to the Borrowers but with prior notice to the Agent: (a) apply any balance (whether or not then due) which at any time stands to the credit of any account in the name of the a Borrower at any office in any country of that Creditor Party in or towards satisfaction of any sum then due from the that Borrower to that Creditor Party under any of the Finance Documents; and (b) for that purpose:: break, or alter the maturity of, all or any part of a deposit of that Borrower;

Application of credit balances. Each Creditor Party may without with prior notice:written notice to the Borrower (other than at any time following the occurrence of an Event of Default and while the same is continuing in which case no such notice shall be required): (a) apply any balance (whether or not then due) which at any time stands to the credit of any account in the name of the Borrower at any office in any country of that Creditor Party in or towards satisfaction of any sum then due from the Borrower to that Creditor Party under any of the Finance Documents; and (b) for that purpose:

Application of credit balances. Each Creditor Party may without prior noticenotice to the Borrowers but with prior notice to the Agent: (a) apply any balance (whether or not then due) which at any time stands to the credit of any account in the name of the a Borrower at any office in any country of that Creditor Party in or towards satisfaction of any sum then due from the that Borrower to that Creditor Party under any of the Finance Documents; and (b) for that purpose:

Application of credit balances. Each Creditor Party may without prior noticenotice following the occurrence of an Event of Default which is continuing: (a) apply any balance (whether or not then due) which at any time stands to the credit of any account in the name of the any Borrower at any office in any country of that Creditor Party in or towards satisfaction of any sum then due from the Borrower Borrowers to that Creditor Party under any of the Finance Documents; and (b) for that purpose:

Application of credit balances. Each Creditor Party may without prior notice: (a) apply any balance (whether or not then due) which at any time stands to the credit of any account in the name of the Borrower at any office in any country of that Creditor Party in or towards satisfaction of any sum then due from the Borrower to that Creditor Party under any of the Finance DocumentsDocuments and the Master Agreement; and (b) for that purpose:

Application of credit balances. Each Creditor Party may without prior notice: (a) apply any balance (whether or not then due) which at any time stands to the credit of any account in the name of the Borrower Borrowers (or either of them) at any office in any country of that Creditor Party in or towards satisfaction of any sum then due from the Borrower Borrowers (or either of them) to that Creditor Party under any of the Finance Documents; and (b) for that purpose:

Application of credit balances. Each Creditor Party may without prior notice: (a) : apply any balance (whether or not then due) which at any time stands to the credit of any account in the name of the a Borrower at any office in any country of that Creditor Party in or towards satisfaction of any sum then due from the that Borrower to that Creditor Party under any of the Finance Documents; and (b) and for that purpose: