Common use of Prospective liabilities Clause in Contracts

Prospective liabilities. Following acceleration, the Security Agent may, in its discretion, hold any amount of the Recoveries in an interest-bearing suspense or impersonal account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) for later application under Clause ‎‎29.1 (Order of application) in respect of: (a) any sum to the Security Agent, any Receiver or any Delegate; and (b) any part of the Secured Liabilities, that the Security Agent reasonably considers, in each case, might become due or owing at any time in the future.

Prospective liabilities. Following acceleration, a Distress Event the Security Agent may, in its discretion, discretion hold any amount of the Recoveries in an interest-one or more interest bearing suspense or impersonal account(s) accounts in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) account for so long as the Security Agent shall think fit for later application under Clause ‎‎29.1 17.1 (Order of application) in respect of: (a) any sum to the any Security Agent, any Receiver or any Delegate; and (b) any part of the Secured Liabilities, that the Security Agent reasonably considers, in each case, might become due or owing at any time in the future.

Prospective liabilities. Following acceleration, a Distress Event the Security Agent may, in its discretion, discretion hold any amount of the Recoveries in an interest-one or more interest bearing suspense or impersonal account(s) accounts in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) for so long as the Security Agent shall think fit for later application under Clause ‎‎29.1 15.1 (Order of application) in respect of: (a) any sum to the any Security Agent, any Receiver or any Delegate; and (b) any part of the Secured Liabilities, that the Security Agent reasonably considers, in each case, might become due or owing at any time in the future.

Prospective liabilities. Following acceleration, a Distress Event the Security Agent may, in its discretion, discretion hold any amount of the Recoveries in an interest-one or more interest bearing suspense or impersonal account(s) accounts in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) for so long as the Security Agent shall think fit for later application under Clause ‎‎29.1 16.1 (Order of application) in respect of: (a) any sum to the any Security Agent, any Receiver or any Delegate; and (b) any part of the Secured Liabilities, that the Security Agent reasonably considers, in each case, might become due or owing at any time in the future.

Prospective liabilities. Following acceleration, a Distress Event the Security Agent may, in its discretion, discretion hold any amount of the Recoveries in an interest-one or more interest bearing suspense or impersonal account(s) accounts in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) and for so long as the Security Agent shall think fit for later application under Clause ‎‎29.1 16.1 (Order of application) in respect of: (a) any sum to the any Security Agent, any Receiver or any Delegate; and (b) any part of the Secured Liabilities, that the Security Agent reasonably considers, in each case, might become due or owing at any time in the future.

Prospective liabilities. Following acceleration, a Distress Event the Security Agent may, in its discretion, hold any amount of the Recoveries in an interest-interest bearing suspense or impersonal account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) for later application under Clause ‎‎29.1 10.1 (Order of applicationApplication) in respect of: (aA) any sum to the any Security Agent, any Receiver or any Delegate; and (bB) any part of the Secured Liabilities or the Facility Agent Liabilities, that the Security Agent reasonably considers, in each case, might become due or owing at any time in the future.

Prospective liabilities. Following acceleration, a Distress Event the Security Agent may, in its discretion, discretion hold any amount of the Recoveries in an interest-one or more interest bearing suspense or impersonal account(s) accounts in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account) for so long as the Security Agent shall think fit for later application under Clause ‎‎29.1 16.1 (Order of application) in respect of: (a) any sum to the any Security Agent, any Receiver or any Delegate; and (b) any part of the Secured Liabilities, that the Security Agent reasonably considers, in each case, might become due or owing at any time in the future.

Prospective liabilities. Following accelerationa Distress Event, the Security Agent may, in its discretion, hold any amount proceeds of the Recoveries in an interest-interest bearing suspense or impersonal account(s) account in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit determine (the interest being credited to the relevant account) for later application under Clause ‎‎29.1 (Order of application) Section 12.1 in respect of: (a) any sum amount due to the any Security Agent, any Receiver or any Delegate; and (b) any part of the Secured Liabilities, the Agent Liabilities or the Arranger Liabilities, that the Security Agent reasonably considers, in each case, might become due or owing and payable at any time in the future.