Common use of Payment and Security Clause in Contracts

Payment and Security. The Security Trustee or any other Finance Parties may retain and pay out of any money in the hands of the Security Trustee or such Finance Party all sums necessary to effect the indemnity contained in this Clause and all sums payable by any Chargor under this Clause shall form part of the monies hereby secured.

Payment and Security. The Security Trustee or any other Finance Parties Party may retain and pay out of any money in the hands of the Security Trustee or such Finance Party all sums necessary to effect the indemnity contained in this Clause and all sums payable by any Chargor under this Clause shall form part of the monies hereby secured.

Payment and Security. The Security Trustee or any other Finance Parties may retain and pay out of any money in the hands of the Security Trustee or such Finance Party all sums necessary to effect the indemnity contained in this Clause and all sums payable by any Chargor Assignor under this Clause shall form part of the monies hereby secured.

Payment and Security. The Security Trustee or any other Finance Parties Party may retain and pay out of any money in the hands of the Security Trustee or such Finance Party all sums necessary to effect the indemnity contained in this Clause and all sums payable by any Chargor the Mortgagor under this Clause shall form part of the monies hereby secured.

Payment and Security. The Security Trustee or any other Finance Parties Party may retain and pay out of any money in the hands of the Security Trustee or such Finance Party all sums necessary to effect the indemnity contained in this Clause and all sums payable by any the Chargor under this Clause shall form part of the monies hereby secured.

Payment and Security. The Security Trustee or any other Finance Parties Party may retain and pay out of any money in the hands of the Security Trustee or such Finance Party all sums necessary to effect the indemnity contained in this Clause and all sums payable by any Chargor Subordinated Lender or the Borrower under this Clause shall form part of the monies hereby secured.

Payment and Security. The Security Trustee or any other Finance Parties Party may retain and pay out of any money in the [Group Assignment of Insurances] hands of the Security Trustee or such Finance Party all sums necessary to effect the indemnity contained in this Clause and all sums payable by any Chargor Assignor under this Clause shall form part of the monies hereby secured.