Common use of Bank's Right of Set-Off Clause in Contracts

Bank's Right of Set-Off. Upon the occurrence of any Event of Default, Bank shall have the right to apply any or all of Borrower's and any Obligor's bank accounts or any other Property held by Bank against any Indebtedness of Borrower to Bank.

Bank's Right of Set-Off. Upon the occurrence and continuance of any Event of DefaultDefault after, the delivery of any required notice and the expiration of any applicable cure period, Bank shall have the right to apply any or all of Borrower's and any Obligor's bank accounts or any other Property held by Bank against any Indebtedness of Borrower to Bank.