Common use of Payments from Guarantor Clause in Contracts

Payments from Guarantor. Lender, in its sole and absolute discretion, with or without notice to the undersigned, may apply on account of the Obligations any payment from the undersigned or any other guarantor, or amounts realized from any security for the Obligations, or may deposit any and all such amounts realized in a non-interest bearing cash collateral deposit account to be maintained as security for the Obligations.

Appears in 16 contracts

Samples: Guaranty (Lone Star Value Management LLC), Guaranty (MBC Funding Ii Corp.), Guaranty (MBC Funding Ii Corp.)

AutoNDA by SimpleDocs

Payments from Guarantor. The Lender, in its sole and absolute discretion, with or without notice to the undersigned, may apply on account of the Guaranteed Obligations any payment from the undersigned or any other guarantor, or amounts realized from any security for the Guaranteed Obligations, or may deposit any and all such amounts realized in a non-interest bearing cash collateral deposit account to be maintained as security for the Guaranteed Obligations.

Appears in 1 contract

Samples: Guaranty (BOSTON OMAHA Corp)

Payments from Guarantor. Lender, in In its sole and absolute discretion, with or without notice to the undersigned, may apply on account of the Obligations any payment from the undersigned or any other guarantor, or amounts realized from any security for the Obligations, or may deposit any and all such amounts realized in a non-interest bearing cash collateral deposit account to be maintained as security for the Obligations.

Appears in 1 contract

Samples: Guaranty (Lazare Kaplan International Inc)

Payments from Guarantor. Lender, in its sole and absolute discretion, ------------------------- with or without notice to the undersigned, may apply on account of the Obligations any payment from the undersigned or any other guarantor, or amounts realized from any security for the Obligations, or may deposit any and all such amounts realized in a non-interest bearing cash collateral deposit account to be maintained as security for the Obligations.

Appears in 1 contract

Samples: Guaranty (Texhoma Energy Inc)

AutoNDA by SimpleDocs

Payments from Guarantor. Lender, in its sole and absolute discretion, with or without notice to the undersigned, may apply on account of the Obligations any payment from the undersigned or any other guarantorguarantors, or amounts realized from any security for the Obligations, or may deposit any and all such amounts realized in a non-interest bearing cash collateral deposit account to be maintained as security for the Obligations.

Appears in 1 contract

Samples: Guaranty (Applied Digital Solutions Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!