REDEMPTION OF PRIOR SECURITY INTERESTS. The Security Trustee may, at any time, redeem any Security Interests over the Assigned Assets having priority to the Security Interests constituted by this Deed 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 Assignor. The Assignor 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 by or transfer to the Security Trustee.
REDEMPTION OF PRIOR SECURITY INTERESTS. The Collateral Agent may, at any time after an Enforcement Event has occurred, redeem any Security Interest having priority to the Security at any time or procure the transfer thereof to the Collateral Agent and may settle the accounts of holders of such interests and any account so settled shall be conclusive and binding on the Mortgagor. All principal monies, interest and Losses of and incidental to such redemption or transfer shall be paid by the Mortgagor to the Collateral Agent promptly on demand.
REDEMPTION OF PRIOR SECURITY INTERESTS. At any time after the security constituted by this Assignment has become enforceable, the Assignee may:
REDEMPTION OF PRIOR SECURITY INTERESTS. At any time after this Security has become enforceable, the Pledgee may:
REDEMPTION OF PRIOR SECURITY INTERESTS. (a) At any time after this Security has become enforceable, the Pledgee may:
(i) redeem any prior Security Interest against any Security Asset; and/or
(ii) procure the transfer of that Security Interest to itself; and/or
(iii) settle and pass the accounts of the prior pledgee, mortgagee, chargee or encumbrancer; any accounts so settled and passed will be, in the absence of manifest error, conclusive and binding on the Pledgor.
(iv) The Pledgor must pay to the Pledgee, promptly on demand, the costs and expenses incurred by the Pledgee in connection with any such redemption and/or transfer, including the payment of any principal or interest.
REDEMPTION OF PRIOR SECURITY INTERESTS. The Agent may, at any time after the security hereby constituted has become enforceable, redeem any prior Security Interest against the
REDEMPTION OF PRIOR SECURITY INTERESTS. The Agent may, at any time after the security hereby constituted has become enforceable, redeem any prior Security Interest against the Security Assets or any part thereof or procure the transfer thereof to itself and may settle and pass the accounts of the prior mortgagee, chargee or encumbrancer. Any accounts so settled and passed shall be conclusive and binding on the Chargor except in the case of manifest error. All principal moneys, interest, costs, charges and expenses of and incidental to such redemption and transfer shall be paid by the Chargor to the Agent as soon as practicable.
REDEMPTION OF PRIOR SECURITY INTERESTS. The Security Agent may, at any time after me Security has become enforceable, redeem any prior Security Interest against all or any part of the Security Assets or procure the transfer of the same to itself and may settle and pass the accounts of the holder of any prior Security Interest. Any accounts so settled and passed will be conclusive and binding on the Chargor. All principal, interest, costs, charges and expenses of and incidental to such redemption and transfer will be paid by the Chargor to the Security Agent on demand.
REDEMPTION OF PRIOR SECURITY INTERESTS. At any time after the Assignment Security has become enforceable, the Collateral Agent may, at the direction of the Trustee, acting at the direction of the Holders of a majority in aggregate principal amount of the Notes then outstanding:
REDEMPTION OF PRIOR SECURITY INTERESTS
