Common use of Enforcement When Not All Amounts Due and Payable Clause in Contracts

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 Bond Trustee enforces the Security at a time when either no amounts or not all amounts owing in respect of the Secured Obligations have become due and payable, the Bond Trustee (or a receiver appointed by it in accordance with this Agreementany Receiver) may, for so long as no such amounts or not all such amounts have become due and payable, pay any monies funds referred to in Section 4.07 Article 6 (Payments out of the Guarantor Accounts Upon Enforcement) into, and retain such monies funds 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 Article 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 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 3.07 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 3.07 as and when any of the amounts referred to therein become due and payable.

Enforcement When Not All Amounts Due and Payable. ‌ If the 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 3.07 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 3.07 as and when any of the amounts referred to therein become due and payable.

Enforcement When Not All Amounts Due and Payable. If the 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 3.07 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 3.07 as and when any of the amounts referred to therein become due and payable.