Lender’s Right of Set-Off. Lender shall have the right to set-off against any or all of the Collateral any Obligations then due and unpaid by Borrower.
Appears in 7 contracts
Samples: Loan and Security Agreement (Cr Resorts Capital S De R L De C V), Loan and Security Agreement (Equivest Finance Inc), Receivables Loan and Security Agreement (Silverleaf Resorts Inc)
Lender’s Right of Set-Off. Lender shall have the right to set-off against any or all of the Collateral any Obligations then due and unpaid by Borrower.
Appears in 3 contracts
Samples: Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc), Loan and Security Agreement (Silverleaf Resorts Inc)
Lender’s Right of Set-Off. Subject to Section 2.8 hereof, each Lender shall have the right to set-off against any or all of the Collateral any Obligations then due and unpaid by Borrower, provided Borrower is in Default.
Appears in 2 contracts
Samples: Loan, Security and Agency Agreement (Silverleaf Resorts Inc), Security and Agency Agreement (Silverleaf Resorts Inc)
Lender’s Right of Set-Off. Lender shall have the right to set-off any Inventory Collateral against any or all of the Collateral any Obligations then due and unpaid by Borrower.
Appears in 2 contracts
Samples: Inventory Loan and Security Agreement (Diamond Resorts Corp), Inventory Loan and Security Agreement (Diamond Resorts Corp)
Lender’s Right of Set-Off. Lender shall have the right to set-off any Collateral against any or all of the Collateral any Obligations then due and unpaid by Borrower.
Appears in 1 contract
Samples: Construction Loan and Security Agreement (Bluegreen Corp)
Lender’s Right of Set-Off. Upon an Event of Default, Lender shall have the right to set-off against any or all of the Collateral any Obligations then due and unpaid by Borrower.
Appears in 1 contract
Lender’s Right of Set-Off. Lender shall have the right to set-off against any or all of the Collateral any Obligations then due and unpaid by Borrower, provided Borrower is in Default.
Appears in 1 contract
Samples: Loan and Security Agreement (Silverleaf Resorts Inc)
Lender’s Right of Set-Off. Lender shall have the right to set-off any Sub-Loan Collateral against any or all of the Collateral any Obligations then due and unpaid by Borrower.
Appears in 1 contract
Lender’s Right of Set-Off. Subject to Section 2.6 hereof, each Lender shall have the right to set-off against any or all of the Collateral any Obligations then due and unpaid by Borrower, provided Borrower is in Default.
Appears in 1 contract
Samples: Loan, Security and Agency Agreement (Silverleaf Resorts Inc)
