Deposits; Setoff. Regardless of the adequacy of Borrower’s Personal Property, any deposits or other sums credited by or due from Lender to Borrower under this Loan Agreement or the Mortgage Loan Agreement , will at all times constitute collateral security for all obligations of Borrower to Lender under this Loan Agreement or the Mortgage Loan Agreement, and, except with respect to funds in the Medicare Account, which Lender agrees are not subject to set off, may be set off against any and all liabilities, direct or indirect, absolute or contingent, now existing or hereafter arising, of Borrower to Lender under this Loan Agreement or the Mortgage Agreement. The rights granted by this paragraph will be in addition to the rights of Lender under any statutory bankers’ lien.
Deposits; Setoff. Regardless of the adequacy of any other collateral held by Lender, any deposits or other sums credited by or due from the Lender to the Borrower shall at all times constitute collateral security for the Indebtedness, and may be set off against the Loan in any manner the Lender shall choose and any and all liabilities, direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising to the Lender. The rights granted by this section shall be in addition to the rights of the Lender under any statutory banker's lien or the common law right of set-off.
Deposits; Setoff. Regardless of the adequacy of any other collateral security held by the Bank, any deposits or other sums credited by or due from the Bank to the Borrowers or the Guarantors will at all times constitute collateral security for all indebtedness and obligations of the Borrowers and the Guarantors to the Bank and may be set off against any and all liabilities of the Borrowers and the Guarantors to the Bank. The rights granted by this paragraph are in addition to the rights of the Bank under any statutory banker’s lien now or hereafter in effect.
Deposits; Setoff. Regardless of the adequacy of any collateral held by the Bank, any deposits or other sums credited by or due from the Bank to the Borrower shall at all times constitute collateral security for the Indebtedness and, upon the occurrence of an Event of Default, may be set off against the absolute or contingent, due or to become due, now existing or hereafter arising, Indebtedness of the Borrower to the Bank. The rights granted by this paragraph 10.3 shall be in addition to the rights of the Bank under any statutory banker's lien or the common law right of set off. This paragraph shall not apply to any monies of which the Borrower is only the beneficial owner, regardless of the name in which the money is deposited, nor shall this paragraph apply to any monies which the Borrower is contractually obligated to spend in whole or in part for the accounts of others, provided that the Borrower shall have established special accounts or given the Bank written notice that particular funds are beneficially owned by others or are dedicated for particular expenditures. If the Borrower fails to establish such special accounts and fails to give such notice, the Bank may assume that funds on deposit to the account of the Borrower belong solely to the named depositor and are subject to this paragraph .
Deposits; Setoff. Regardless of the adequacy of any collateral security held by the Bank, any deposits or other sums credited by or due from the Bank to any of the Borrowers shall at all times constitute collateral security for the Indebtedness, and may be set off against the Indebtedness and any and all liabilities, direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, of the Borrowers to the Bank. The rights granted by this Subsection 9.5 shall be in addition to the rights of the Bank under any statutory banker's lien or the common law right of set off. This Subsection 9.5 shall not apply to any monies of which the Borrowers are not the beneficial owners, regardless of the name in which the money is deposited, nor shall this Subsection 9.5 apply to any monies which the Borrowers are contractually obligated to spend in whole or in part for the account of others, provided that the Borrowers shall have established special accounts or given the Bank written notice that particular funds are beneficially owned by others, are dedicated for particular expenditures, or are subject to the Borrowers' contractual obligation to spend for others. If the Borrowers fail to establish such special accounts and fail to give such notice, the Bank may assume that funds on deposit to the account of any of the Borrowers belong solely to the named depositor and are subject to this Subsection 9.5.
Deposits; Setoff. Regardless of the adequacy of any collateral security held by the Bank, any deposits or other sums credited by or due from the Bank to either of the Borrowers may at any time after the occurrence and during the continuation of any Event of Default be set off against the Obligations. The rights granted by this Subsection 9.5 shall be in addition to the rights of the Bank under any statutory banker's lien or the common law right of set off. This Subsection 9.5 shall not apply to any monies of which the applicable Borrower is not the beneficial owner, regardless of the name in which the money is deposited, nor shall this Subsection 9.5 apply to any monies which the applicable Borrower is contractually obligated to spend in whole or in part for the account of others, provided that such Borrower shall have established special accounts or given the Bank written notice that particular funds are beneficially owned by others, are dedicated for particular expenditures, or are subject to such Borrower's contractual obligation to spend for others. If the applicable Borrower fails to establish such special accounts and fails to give such notice, the Bank may assume that funds on deposit to the account of such Borrower belong solely to the named depositor and are subject to this Subsection 9.5.
Deposits; Setoff. Regardless of the adequacy of any other Collateral held by Secured Party, any deposits or other sums credited by or due from Secured Party to Debtor shall at all times constitute collateral security for the Indebtedness and may be set off against the Indebtedness. The rights granted in this subsection shall be in addition to the rights of Secured Party under any statutory banker's lien or common law right of setoff.
Deposits; Setoff. Set off, regardless of the adequacy of any other collateral, any deposits or other sums due from Lender to Borrower against any and all liabilities, direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, of Borrower to Lender under any Loan Document. Such sums shall at all times constitute collateral security for all indebtedness and obligations of Borrower to Lender under any Loan Document. The rights granted by this Section 7.2 shall be in addition to the rights of Lender under any statutory and case authority (now or hereafter existing) of the State of Oklahoma.
Deposits; Setoff. Set off, regardless of the adequacy of any other collateral, any deposits or other sums due from Lender to Borrower against any and all liabilities, direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, of Borrower to Lender under this Agreement. Such sums shall at all times constitute collateral security for all indebtedness and obligations of Borrower to Lender under this Agreement. The rights granted by this Section 7.2 shall be in addition to the rights of Lender under any statutory and case authority of the State of Ohio.
Deposits; Setoff. Regardless of the adequacy of the Collateral, any sums credited by or due from the Lender or any affiliate of the Lender to the Borrowers or any affiliate of the Lender will at all times constitute collateral security for all obligations of the Borrower to the Lender and may be set off against any and all liabilities, direct or indirect, absolute or contingent, now existing or hereafter arising, of the Borrower to the Lender.
