REDEMPTION OF PRIOR SECURITY. The Security Agent or any Receiver may, at any time upon or after the occurrence of an Acceleration Event which is continuing, redeem any prior Security on or relating to any of the Charged Property or procure the transfer of that Security to itself, and may settle and pass the accounts of any person entitled to that prior Security. Any account so settled and passed shall (subject to any manifest error) be conclusive and binding on each Chargor. Each Chargor will on demand pay to the Security Agent all principal monies and interest and all losses incidental to any such redemption or transfer.
REDEMPTION OF PRIOR SECURITY. The Collateral Agent may redeem or take a transfer of any prior Security over the Securities and may agree the accounts of prior encumbrancers. Such agreed accounts shall be conclusive and binding on the Company. Any amount paid in connection with such redemption or transfer (including expenses) shall be paid on demand by the Company to the Collateral Agent and until such payment shall form part of the Secured Liabilities.
REDEMPTION OF PRIOR SECURITY. The Security Trustee may, at any time, redeem any Security Interest over the Assigned Assets having priority to the Assignment or procure the transfer thereof to the Security Trustee and may settle the accounts of encumbrancers. Any accounts so settled shall, in the absence of manifest error, be conclusive and binding on the Company. The Company shall, on demand, pay to the Security Trustee all principal moneys, interest, costs, charges, losses, liabilities and expenses of, and incidental to, any such redemption or transfer.
REDEMPTION OF PRIOR SECURITY. (a) At any time when this Security is enforceable, the Security Agent may:
REDEMPTION OF PRIOR SECURITY. Where there is any security created over any of the Collateral which ranks in priority to the security created by this Agreement and:
REDEMPTION OF PRIOR SECURITY. (a) The Common Security Agent or any Receiver may at any time after the occurrence of an Enforcement Event:
REDEMPTION OF PRIOR SECURITY. (a) Subject to the Intercreditor Agreement, in the event of any action, proceeding or step being taken to exercise any powers or remedies conferred by any prior ranking Security or upon the exercise of any power of sale under this Deed by the Collateral Trustee or any Receiver, the Collateral Trustee may at any time redeem any Security having priority to any Charges or procure the transfer of that Security to itself and may settle the accounts of the prior encumbrancer and any accounts so settled shall, in the absence of manifest error, be conclusive and binding on each Chargor.
REDEMPTION OF PRIOR SECURITY. 6.4 At any time on or after the Enforcement Date, the Collateral Agent or any Receiver may:
REDEMPTION OF PRIOR SECURITY. (a) In the event of any action, proceeding or step being taken to exercise any powers or remedies conferred by any prior ranking Lien or upon the exercise of any power of sale under this Deed by the Chargee or any Receiver, the Chargee may at any time redeem any Lien having priority to any Charges or procure the transfer of that Lien to itself and may settle the accounts of the prior encumbrancer and any accounts so settled shall, in the absence of manifest error, be conclusive and binding on the Chargor.
