REINSTATED OBLIGATIONS. The obligations secured by the Collateral include without limitation any payments recovered from the Bank such as sums claimed as impermissible setoffs, trust funds or as a preference or fraudulent transfer. Such sums shall be reinstated as Obligations as of the date they arose, but for purposes of any statute limiting action by the Bank under this Note or relating to the Obligations, as of the date on which payment is recovered from the Bank.
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Samples: Business Installment Note and Security Agreement (Crescent Moon Inc), Business Installment Note and Security Agreement (Crescent Moon Inc), Business Installment Note and Security Agreement (Crescent Moon Inc)
REINSTATED OBLIGATIONS. The obligations Obligations secured by the Collateral include without limitation any payments recovered from the Bank such as sums claimed as impermissible setoffs, trust funds funds, or as a preference or fraudulent transfer. Such sums shall be reinstated as Obligations of Debtor as of the date they arose, but for purposes of any statute limiting action by the Bank under this Note Assignment or relating to the Obligations, as of the date on which payment is recovered of recovery from the Bank.
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