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Common use of Collect the Collateral Clause in Contracts

Collect the Collateral. Collect any of the Collateral and, at Lender's option and to the extent permitted by applicable law, retain possession of the Collateral while suing on the Indebtedness.

Appears in 20 contracts

Samples: Commercial Pledge and Security Agreement (Black Ridge Oil & Gas, Inc.), Pledge Agreement (Granite Falls Energy, LLC), Business Loan Agreement (Landmark Bancorp Inc)

Collect the Collateral. Collect any of the Collateral and, at Lender's ’s option and to the extent permitted by applicable law, retain possession of the Collateral while suing on the Indebtedness.

Appears in 12 contracts

Samples: Commercial Pledge Agreement, Business Loan Agreement (Landmark Bancorp Inc), Commercial Pledge Agreement (Wayside Technology Group, Inc.)

Collect the Collateral. Collect any of the Collateral and, at Lender's option and to the extent permitted by applicable law, retain possession of the Collateral while suing on the Indebtedness.indebtedness. COMMERCIAL PLEDGE AGREEMENT LOAN NO: 67 (CONTINUED) PAGE 3 ================================================================================

Appears in 1 contract

Samples: Commercial Pledge Agreement (Osborne Richard M Trust)

Collect the Collateral. Collect any of the Collateral and, at Lender's Lenxxx'x option and to the extent permitted by applicable law, retain possession of the Collateral while suing on the Indebtedness.

Appears in 1 contract

Samples: Business Loan Agreement (California Beach Restaurants Inc)