Convertible Collateral. Bank may present for conversion any Collateral which is convertible into any other instrument or investment security or a combination thereof with cash, but Bank shall not have any duty to present for conversion any Collateral unless it shall have received from Pledgor detailed written instructions to that effect at a time reasonably far in advance of the final conversion date to make such conversion possible.
Appears in 11 contracts
Samples: Pledge Agreement (Independent Bank Group, Inc.), Pledge Agreement (Independent Bank Group, Inc.), Pledge Agreement (Independent Bank Group Inc)
Convertible Collateral. Bank may present for conversion any Collateral which is convertible into any other instrument or investment security or a combination thereof with cash, but Bank shall not have any duty to present for conversion any Collateral unless it shall have received from Pledgor Debtor detailed written instructions to that effect at a time reasonably far in advance of the final conversion date to make such conversion possible.
Appears in 11 contracts
Samples: Security Agreement (Fountain Powerboat Industries Inc), Loan Agreement (Opnet Technologies Inc), Security Agreement (Hallmark Financial Services Inc)
Convertible Collateral. Bank Bank, may present for conversion any Collateral which is convertible into any other instrument or investment security or a combination thereof with cash, but Bank shall not have any duty to present for conversion any Collateral unless it shall have received from Pledgor Debtor detailed written instructions to that effect at a time reasonably far in advance of the final conversion date to make such conversion possible.
Appears in 5 contracts
Samples: Intercreditor and Subordination Agreement (Air South Airlines Inc), Security Agreement (Elcotel Inc), Metro Information Services Inc
Convertible Collateral. Bank Lender may present for conversion any Collateral which is convertible into any other instrument or investment security or a combination thereof with cash, but Bank Lender shall not have any duty to present for conversion any Collateral unless it shall have received from Pledgor Debtor detailed written instructions to that effect at a time reasonably far in advance of the final conversion date to make such conversion possible.
Appears in 2 contracts
Samples: Security Agreement (Tri-S Security Corp), Loan Agreement (Medical Technology Systems Inc /De/)
Convertible Collateral. Bank may present for conversion any Collateral which is convertible into any other instrument or investment security or a combination thereof with cash, but Bank shall not in the absence of gross negligence or willful misconduct have any duty to present for conversion any Collateral unless it shall have received from Pledgor detailed written instructions to that effect at a time reasonably far in advance of the final conversion date to make such conversion possible.
Appears in 2 contracts
Samples: Pledge Agreement (Inspire Insurance Solutions Inc), Pledge Agreement (Inspire Insurance Solutions Inc)
Convertible Collateral. Bank may present for conversion any Collateral which is convertible into any other instrument or investment security or a combination thereof with cash, but Bank shall not in the absence of gross negligence or willful misconduct have any duty to present for conversion any Collateral unless it shall have received from Pledgor Debtor detailed written instructions to that effect at a time reasonably far in advance of the final conversion date to make such conversion possible.
Appears in 1 contract
Samples: Inspire Insurance Solutions Inc
Convertible Collateral. Bank may present for conversion any Collateral which is convertible into any other instrument or investment security or a combination thereof with cash, but Bank shall not in the absence of gross negligence or willful misconduct have any duty to present for conversion any Collateral unless it shall have received from Pledgor detailed written instructions to that effect at a time reasonably far in advance of the final conversion date to make such conversion possible.any
Appears in 1 contract
Samples: Inspire Insurance Solutions Inc
Convertible Collateral. Bank may present for conversion any Collateral which is convertible into any other instrument or investment security or a combination thereof with cash, but Bank shall not have any duty to present for conversion any Collateral unless it shall have received from Pledgor detailed written instructions to that effect at a time reasonably far in advance of the final conversion date to make such conversion possible.. D. E.
Appears in 1 contract
Convertible Collateral. Bank may present for conversion any Collateral which is convertible into any other instrument or investment security or a combination thereof with cash, but Bank shall not in the absence of gross negligence or willful misconduct, have any duty to present for conversion any Collateral unless it shall have received from Pledgor Debtor detailed written instructions to that effect at a time reasonably far in advance of the final conversion date to make such conversion possible.
Appears in 1 contract
Samples: Inspire Insurance Solutions Inc
