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 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), Security Agreement (Hallmark Financial Services Inc), Loan Agreement (Opnet Technologies 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 Debtor 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 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 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: Loan Agreement (Air South Airlines Inc), Security Agreement (American Aircarriers Support Inc), Security Agreement (Elcotel 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 Debtor 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 Debtor 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: Security 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 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: Security 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 have any duty to present for conversion any Collateral unless it shall have received from Debtor 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
Samples: Pledge Agreement (American Physicians Service 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 in the absence of gross negligence or willful misconduct, have any duty to present for conversion any Collateral unless it shall have received from 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: Security Agreement (Inspire Insurance Solutions Inc)
