Common use of Debtor’s Accounts Clause in Contracts

Debtor’s Accounts. If an Event of Default shall occur and be continuing, the Secured Party may liquidate any securities held in any accounts of Debtor and apply the proceeds thereof and any other amounts held in any accounts of Debtor as provided in Section 7.10 hereof.

Appears in 7 contracts

Samples: Security Agreement (Primeenergy Corp), Security Agreement (Primeenergy Corp), Security Agreement (Primeenergy Corp)

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Debtor’s Accounts. If an Event of Default shall occur and be continuing, the Secured Party may liquidate any securities held in any accounts of Debtor and apply the proceeds pro ceeds thereof and any other amounts held in any accounts of Debtor as provided in Section 7.10 hereof.

Appears in 1 contract

Samples: Security Agreement (Middle Bay Oil Co Inc)

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