Loan Payments. During the continuance of an Event of Default, the Lender may deduct any obligations due or any other amounts due and payable by the Borrower under the Loan Documents from any accounts maintained with the Lender.
Appears in 12 contracts
Sources: Master Loan Agreement (Heron Lake BioEnergy, LLC), Master Loan Agreement (Heron Lake BioEnergy, LLC), Master Loan Agreement (Green Plains Renewable Energy, Inc.)
Loan Payments. During the continuance of an Event of Default, the Lender may deduct any obligations due or any other amounts due and payable by the Borrower under the Loan Documents from any accounts Deposit Accounts controlled by Lender or from the Debt Service Reserve Account maintained with the Lender, at the Lender’s sole discretion.
Appears in 3 contracts
Sources: Master Loan Agreement, Master Loan Agreement (Renewable Energy Group, Inc.), Loan Agreement (Renewable Energy Group, Inc.)
Loan Payments. During the continuance of an Event of Default, the Lender may deduct any obligations due or any other amounts due and payable by the Borrower under the Loan Documents from any accounts Deposit Accounts maintained with the Lender.
Appears in 2 contracts
Sources: Master Loan Agreement (Homeland Energy Solutions LLC), Master Loan Agreement (Homeland Energy Solutions LLC)
Loan Payments. During the continuance of an Event of Default, the Lender may deduct any obligations due or any other amounts due and payable by the Borrower under the Loan Documents from any accounts Deposit Accounts maintained with the Lender.
Appears in 1 contract
Sources: Master Loan Agreement (Otter Tail Ag Enterprises, LLC)