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:

Appears in 2 contracts

Samples: Agreement (Cboe Global Markets, Inc.), Agreement (Cboe Global Markets, Inc.)

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Prospective liabilities. Following acceleration, the Security Agent may, in its discretion, or at the request of the Facility Agent, 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 payment to the Facility Agent for application under in accordance with Clause ‎‎29.1 33.5 (Order Application of applicationreceipts; partial payments) in respect of:

Appears in 1 contract

Samples: Facility Agreement (Scorpio Tankers Inc.)

Prospective liabilities. Following acceleration, acceleration 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 26.1 (Order of application) in respect of:

Appears in 1 contract

Samples: Facility Agreement (American Realty Capital Global Trust II, Inc.)

Prospective liabilities. Following acceleration, acceleration 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 30.1 (Order of application) in respect of:

Appears in 1 contract

Samples: Facility Agreement (UTAC Holdings Ltd.)

Prospective liabilities. Following acceleration, the Agent’s exercise of any of its rights under Clause 22.14 (Acceleration) a 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 that Security Agent with such financial institution (including itself) and for so long as the that Security Agent shall think fit (the interest being credited to the relevant account) for later application under Clause ‎‎29.1 26.1 (Order of application) in respect of:

Appears in 1 contract

Samples: Amkor Technology, Inc.

Prospective liabilities. Following acceleration, 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 (if any) being credited to the relevant account) for later application under Clause ‎‎29.1 36.1 (Order of application) in respect of:

Appears in 1 contract

Samples: Agreement (Danaos Corp)

Prospective liabilities. Following acceleration, acceleration the Security Agent may, in its discretion, or at the request of the Facility Agent, 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 payment to the Facility Agent for application under in accordance with Clause ‎‎29.1 31.27 (Order Application of applicationreceipts) in respect of:

Appears in 1 contract

Samples: Assignment Agreement (Castor Maritime Inc.)

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Prospective liabilities. Following acceleration, the Security Agent may, in its discretion, or at the request of the Facility Agent, 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 payment to the Facility Agent for application under in accordance with Clause ‎‎29.1 35.5 (Order Application of applicationreceipts; partial payments) in respect of:;

Appears in 1 contract

Samples: Assignment Agreement (Ocean Rig UDW Inc.)

Prospective liabilities. Following acceleration, acceleration 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 29.1 (Order of application) in respect of:

Appears in 1 contract

Samples: Facilities Agreement (Elbit Imaging LTD)

Prospective liabilities. Following acceleration, acceleration in accordance with Clause 23.16 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 (Order of application) clause 27.1 in respect of:

Appears in 1 contract

Samples: Assignment Agreement (American Realty Capital Global Trust, Inc.)

Prospective liabilities. Following acceleration, the Security Agent may, in its discretion, or at the request of the Facility Agent, 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 payment to the Facility Agent for application under in accordance with Clause ‎‎29.1 35.5 (Order Application of applicationreceipts; partial payments) in respect of:

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Holdings Inc.)

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