Bank Accounts and Offset. To secure the repayment of the Loan, Borrower hereby grants to the Bank a security interest, a lien, and a right of offset, each of which shall be upon and against: (a) any and all moneys, securities or other property (and the proceeds therefrom) of Borrower now or hereafter held or received by or in transit to the Bank from or for the account of Borrower, whether for safekeeping, custody, pledge, transmission, collection or otherwise, (b) any and all deposits (general or special, time or demand, provisional or final) of Borrower with the Bank, and (c) any other credits and claims of Borrower at any time existing against the Bank, including without limitation claims under certificates of deposit; provided that the foregoing shall not apply to amounts which Borrower is holding as trustee for the benefit of any third party. Upon the occurrence of any Event of Default, the Bank is hereby authorized to foreclose upon, offset, appropriate, and apply, at any time and from time to time, without notice to Borrower, any and all items hereinabove referred to against the Loan (whether or not the Loan is then due and payable).
Bank Accounts and Offset. To secure the repayment of the Obligations, Borrowers hereby grant to BOTW a security interest, a lien, and a right of offset, each of which shall be upon and against: (a) any and all moneys, securities or other property (and the proceeds therefrom) of any Borrower now or hereafter held or received by or in transit to BOTW from or for the account of any Borrower, whether for safekeeping, custody, pledge, transmission, collection or otherwise, (b) any and all deposits (general or special, time or demand, provisional or final) of any Borrower with BOTW, and (c) any other credits and claims of any Borrower at any time existing against BOTW, including without limitation claims under certificates of deposit. Upon the occurrence of any Default, BOTW is hereby authorized to foreclose upon, offset, appropriate, and apply, at any time and from time to time, without prior notice to Borrowers, any and all items hereinabove referred to against the Obligations (whether or not the Obligations are then due and payable).
Bank Accounts and Offset. To secure the repayment of the Obligations, Borrower hereby grants to Wells Fargo (and each Affiliate xx Xells Fargo) a security interesx, x lien, and a right of offset, each of which shall be upon and against: (a) any and all moneys, securities or other property (and the proceeds therefrom) of Borrower now or hereafter held or received by or in transit to Wells Fargo (or any Affiliate ox Xxxls Fargo) from or for the acxxxxx of Borrower, whether for safekeeping, custody, pledge, transmission, collection or otherwise, (b) any and all deposits (general or special, time or demand, provisional or final) of Borrower with Wells Fargo (or any Affiliate ox Xxxls Fargo), and (c) any other xxxxits and claims of Borrower at any time existing against Wells Fargo (or any Affiliate ox Xxxls Fargo), including without xxxxtation claims under certificates of deposit. Upon the occurrence of any Event of Default, Wells Fargo and each Affiliate xx Xxlls Fargo are hereby authorizxx xx foreclose upon, offset, appropriate, and apply, at any time and from time to time, without notice to Borrower, any and all items hereinabove referred to against the Obligations (whether or not such obligations are then due and payable).
Bank Accounts and Offset. Borrower will establish, within 90 days of the date of this Agreement, and will thereafter maintain, until this Agreement has been terminated and any and all amounts payable by Borrower hereunder have been repaid in full, at USB, Borrower's primary depositary account, into which account Borrower will deposit or cause to be deposited any and all proceeds of production received by Borrower from the Collateral. To secure the repayment of the Obligations, Borrower hereby grants to USB a security interest, a lien, and a right of offset, each of which shall be upon and against: (a) any and all moneys, securities or other property (and the proceeds therefrom) of Borrower now or hereafter held or received by or in transit to USB from or for the account of Borrower, whether for safekeeping, custody, pledge, transmission, collection or otherwise, (b) any and all deposits (general or special, time or demand, provisional or final) of Borrower with USB, and (c) any other credits and claims of Borrower at any time existing against USB, including without limitation claims under certificates of deposit. Upon the occurrence of any Event of Default, USB is hereby authorized to foreclose upon, offset, appropriate and apply, at any time and from time to time, without notice to Borrower, any and all items hereinabove referred to against the Obligations (whether or not such Obligations are then due and payable).
Bank Accounts and Offset. To secure the repayment of the ------------------------ Obligations, Borrower hereby grants to USB a security interest, a lien, and a right of offset, each of which shall be upon and against: (a) any and all moneys, securities or other property (and the proceeds therefrom) of Borrower now or hereafter held or received by or in transit to USB from or for the account of such Borrower, whether for safekeeping, custody, pledge, transmission, collection or otherwise, (b) any and all deposits (general or special, time or demand, provisional or final) of Borrower with USB, and (c) any other credits and claims of Borrower at any time existing against USB, including without limitation claims under certificates of deposit. Upon the occurrence of any Event of Default, USB is hereby authorized to foreclose upon, offset, appropriate, and apply, at any time and from time to time, without notice to Borrower, any and all items hereinabove referred to against the Obligations (whether or not such Obligations are then due and payable).
Bank Accounts and Offset. To secure the repayment of the Obligations, Borrower hereby grants to WFBW a security interest, a lien, and a right of offset, each of which shall be upon and against: (a) any and all moneys, securities or other property (and the proceeds therefrom) of Borrower now or hereafter held or received by or in transit to WFBW from or for the account of Borrower, whether for safekeeping, custody, pledge, transmission, collection or otherwise, (b) any and all deposits (general or special, time or demand, provisional or final) of Borrower with WFBW, and (c) any other credits and claims of Borrower at any time existing against WFBW, including without limitation claims under certificates of deposit; provided that accounts held in Borrower's name as a trustee or in another fiduciary capacity shall not be subject to the rights granted to WFBW in this Section 3.3. Upon the occurrence of any Event of Default, WFBW is hereby authorized to foreclose upon, offset, appropriate, and apply, at any time and from time to time, without notice to Borrower, any and all items referred to in this Section 3.3 against the Obligations (whether or not such Obligations are then due and payable). WFBW shall give prompt notice to Borrower of any exercise of the rights of WFBW under this Section 3.3, but such notice shall not be required to be given prior to the exercise of such rights.
Bank Accounts and Offset. To secure the repayment of the Obligations, each Borrower hereby grants to USB a security interest, a lien, and a right of offset, each of which shall be upon and against: (a) any and all moneys, securities or other property (and the proceeds therefrom) of such Borrower now or hereafter held or received by or in transit to USB from or for the account of such Borrower, whether for safekeeping, custody, pledge, transmission, collection or otherwise, (b) any and all
Bank Accounts and Offset. To secure the repayment of the Obligations, Borrower hereby grants to BOK a security interest, a lien, and a right of offset, each of which shall be upon and against: (a) any and all moneys, securities or other property (and the proceeds therefrom) of Borrower now or hereafter held or received by or in transit to BOK from or for the account of Borrower, whether for safekeeping, custody, pledge, transmission, collection or otherwise, (b) any and all deposits (general or special, time or demand, provisional or final) of Borrower with BOK, and (c) any other credits and claims of Borrower at any time existing against BOK, including without limitation claims under certificates of deposit; provided that accounts held in Borrower’s name as a trustee or in another fiduciary capacity shall not be subject to the rights granted to BOK in this Section 3.3. Upon the occurrence of any Event of Default, BOK is hereby authorized to foreclose upon, offset, appropriate, and apply, at any time and from time to time, without notice to Borrower, any and all items hereinabove referred to against the Obligations (whether or not such Obligations are then due and payable).
Bank Accounts and Offset. To secure the repayment of the Obligations, Borrower hereby grants to BOTW a security interest and a right of offset, each of which shall be upon and against: (a) the below-listed items, INSOFAR AND ONLY INSOFAR as any of them is now or hereafter held or received by, or in transit to, BOTW from or for the account of Borrower, whether for safekeeping, custody, pledge, transmission, collection or otherwise: any and all moneys, securities (excluding securities representing the ownership of any subsidiary of Borrower) or other property (and the proceeds therefrom) of Borrower, (b) any and all deposits (general or special, time or demand, provisional or final) of Borrower with BOTW, and (c) any other credits and claims of Borrower at any time existing against BOTW, including without limitation claims under certificates of deposit. Upon the occurrence of any Event of Default, BOTW is hereby authorized to foreclose upon, offset, appropriate, and apply, at any time and from time to time, without notice to Borrower, any and all items hereinabove referred to against the obligations (whether or not such Obligations are then due and payable).
Bank Accounts and Offset. To secure the repayment of the Obligations, Borrower hereby grants to Lenders a security interest, a lien, and a right of offset, each of which shall be upon and against (a) any and all moneys, securities or other property (and the proceeds therefrom) of Borrower now or hereafter held or received by or in transit to any Lender from or for the account of Borrower, whether for safekeeping, custody, pledge, transmission, collection or otherwise, (b) any and all deposits (general or special, time or demand, provisional or final) of Borrower with any Lender, and (c) any other credits and claims of Borrower at any time existing against any Lender, including without limitation claims under certificates of deposit; provided that the foregoing security interest, lien and right of offset shall not apply to amounts held by Borrower in trust for the benefit of Persons other than Borrower. Upon the occurrence of any Event of Default, Lenders are hereby authorized to foreclose upon, offset, appropriate, and apply, at any time and from time to time, without notice to Borrower, any and all items hereinabove referred to against the Obligations (whether or not such Obligations are then due and payable).
