Enforcement When Not All Amounts Due and Payable Sample Clauses

Enforcement When Not All Amounts Due and Payable. If the Bond Trustee enforces the Security at a time when either no amounts or not all amounts owing in respect of the Obligations have become due and payable, the Bond Trustee (or a receiver appointed by it in accordance with this Agreement) may, for so long as no such amounts or not all such amounts have become due and payable, pay any monies referred to in Section 4.07 into, and retain such monies in, an interest-bearing account (a “Retention Account”) to be held by it as security and applied by it in accordance with Section 4.07 as and when any of the amounts referred to therein become due and payable.
Enforcement When Not All Amounts Due and Payable. If the Issuer Security Trustee enforces the Issuer Security at a time when either no amounts or not all amounts owing in respect of the Issuer Secured Obligations have become due and payable, the Issuer Security Trustee (or a Receiver) may, for so long as no such amounts or not all such amounts have become due and payable, pay any monies referred to in Clause 6 (Payments out of the Issuer Accounts Prior to Acceleration) into, and retain such monies in, an interest-bearing account (a RETENTION ACCOUNT) to be held by it as security and applied by it in accordance with Clause 6 (Payments out of the Issuer Accounts Prior to Acceleration) as and when any of the amounts referred to therein become due and payable.
Enforcement When Not All Amounts Due and Payable. If the Funding 1 Security Trustee enforces the Funding 1 Security at a time when either no amounts or not all amounts owing in respect of the Funding 1 Secured Obligations have become due and payable, the Funding 1 Security Trustee (or a Receiver) may, for so long as no such amounts or not all such amounts have become due and payable, pay any monies referred to in Clause 6 (Payments out of Funding 1 Accounts Prior to Acceleration) herein into, and retain such monies in, an interest- bearing account (a retention account) to be held by it as security and applied by it in accordance with Clause 6 (Payments out of Funding 1 Accounts Prior to Acceleration) herein as and when any of the amounts referred to therein become due and payable.
Enforcement When Not All Amounts Due and Payable. If the Master Issuer Security Trustee enforces the Master Issuer Security at a time when either no amounts or not all amounts owing in respect of the Master Issuer Secured Liabilities have become due and payable, the Master Issuer Security Trustee (or a Receiver) may, for so long as no such amounts or not all such amounts have become due and payable, pay any monies referred to in Clause 6 (Payments out of the Master Issuer Transaction Accounts Prior to Enforcement) herein into, and retain such monies in, an interest-bearing account (a RETENTION ACCOUNT) to be held by it as security and applied by it in accordance with Clause 6 (Payments out of the Master Issuer Transaction Accounts Prior to Enforcement) herein as and when any of the amounts referred to therein become due and payable.
Enforcement When Not All Amounts Due and Payable. If the Issuer Security Trustee enforces the Issuer Security at a time when either no amounts or not all amounts owing in respect of the Issuer Secured Obligations have become due and payable, the Issuer Security Trustee (or a Receiver) may, for so long as no such amounts or not all such amounts have become due and payable, pay any monies referred to in this Clause 6 into, and retain such monies in, an interest-bearing account (a retention account) to be held by it as security and applied by it in accordance with this Clause 6 as and when any of the amounts referred to therein become due and payable.
Enforcement When Not All Amounts Due and Payable. If the Funding 2 Security Trustee enforces Funding 2 Security at a time when either no amounts or not all amounts owing in respect of Funding 2 Secured Liabilities have become due and payable, the Funding 2 Security Trustee (or a Receiver) may, for so long as no such amounts or not all such amounts have become due and payable, pay any monies referred to in Clause 6 (Payments out of Funding 2 Accounts Prior to Acceleration) herein into, and retain such monies in, an interest-bearing account (a RETENTION ACCOUNT) to be held by it as security and applied by it in accordance with Clause 6 (Payments out of Funding 2 Accounts Prior to Acceleration) herein as and when any of the amounts referred to therein become due and payable.
Enforcement When Not All Amounts Due and Payable. If the Sixth Issuer Security Trustee enforces the Sixth Issuer Security at a time when either no amounts or not all amounts owing in respect of the Sixth Issuer Secured Obligations have become due and payable, the Sixth Issuer Security Trustee (or a Receiver) may, for so long as no such amounts or not all such amounts have become due and payable, pay any monies received or recovered by the Sixth Issuer Security Trustee or the Receiver for the benefit of the Sixth Issuer Secured Creditors in respect of the Sixth Issuer Secured Obligations into, and retain such monies in, an interest bearing account to be held by it as security (a "RETENTION ACCOUNT") and applied by it in accordance with CLAUSE 5.2 (Pre-Enforcement Priorities of Payment) on any subsequent Interest Payment Dates or, following the service of a Sixth Issuer Note Enforcement Notice, in accordance with CLAUSE 6 (Payments out of the Sixth Issuer Bank Accounts upon Enforcement).
Enforcement When Not All Amounts Due and Payable. If the Bond Trustee enforces the Security at a time when either no amounts or not all amounts owing in respect of the Obligations have become due and payable, the Bond Trustee (or a receiver appointed by it in accordance with this Agreement) may, for so long as no such amounts or not all such amounts have become due and payable, pay any monies referred to in Section 4.07 into, and retain such monies in, an interest-bearing account (a “Retention
Enforcement When Not All Amounts Due and Payable. If the Funding 2 Security Trustee enforces Funding 2 Security at a time when either no amounts or not all amounts owing in respect of Funding 2 Secured Liabilities have become due and payable, the Funding 2 Security Trustee (or a Receiver) may, for so long as no such amounts or not all such amounts have become due and payable, pay any monies referred to in Clause 6 (Payments out of Funding 2 Accounts Prior to Acceleration) herein into, and retain such monies in, an interest-bearing account (a retention account) to be held by it as security and applied by it in accordance with Clause 6 (Payments out of Funding 2 Accounts Prior to Acceleration) herein as and when any of the amounts referred to therein become due and payable. 0018069-0000644 ICM:33283933.11 15
Enforcement When Not All Amounts Due and Payable. If the Funding 2 Security Trustee enforces Funding 2 Security at a time when either no amounts or not all amounts owing in respect of Funding 2 Secured Liabilities have become due and payable, the