New accounts and ruling off. (a) Any Secured Party may open a new account in the name of the Chargor at any time after that Secured Party has received or is deemed to have received notice of any subsequent Security affecting any Charged Property (except as permitted by the Secured Debt Documents or where Required Creditor Consent has been obtained).
Appears in 2 contracts
Samples: Security Agreement (Paysafe LTD), Security Agreement (Paysafe LTD)
New accounts and ruling off. (a) Any Secured Party may open a new account in the name of the any Chargor at any time after that Secured Party has received a subsequent security affects any Security Asset or if any Chargor is deemed subject to have received notice of any subsequent Security affecting any Charged Property (except as permitted by the Secured Debt Documents or where Required Creditor Consent has been obtained)Dissolution.
Appears in 2 contracts
Samples: Supplemental Security Agreement (Selina Hospitality PLC), Supplemental Security Agreement (Selina Hospitality PLC)
New accounts and ruling off. (a) Any Secured Party may open a new account in the name of the any Chargor at any time after that Secured Party has received or is deemed to have received notice of any subsequent Security affecting any Charged Property (except as permitted by the Secured Debt Documents or where Required Creditor Consent has been obtained).
Appears in 2 contracts