Common use of Securities and Deposits Clause in Contracts

Securities and Deposits. The Administrative Agent may at any time following and during the continuance of a Default and Event of Default, at its option, transfer to itself or any nominee any securities constituting Collateral, receive any income thereon and hold such income as additional Collateral or apply it to the Obligations. Whether or not any Obligations are due, the Administrative Agent may following and during the continuance of a Default and Event of Default demand, xxx for, collect, or make any settlement or compromise which it deems desirable with respect to the Collateral. Regardless of the adequacy of Collateral or any other security for the Obligations, any deposits or other sums at any time credited by or due from the Administrative Agent or any Secured Party to the Grantors may at any time be applied to or set off against any of the Obligations then due and owing.

Securities and Deposits. The Administrative Agent may at any time following and during the continuance of a Default and an Event of Default, at its option, transfer to itself or any nominee any securities constituting Collateral, receive any income thereon and hold such income as additional Collateral or apply it to the Obligations. Whether or not any Obligations are due, the Administrative Agent may following and during the continuance of a Default and an Event of Default demand, xxx for, collect, or make any settlement or compromise which it deems desirable with respect to the Collateral. Regardless of the adequacy of Collateral or any other security for the Obligations, any deposits or other sums at any time credited by or due from the Administrative Agent or any other Secured Party to the Grantors any Grantor may at any time be applied to or set off against any of the Obligations then due and owing.

Securities and Deposits. The Administrative Agent may at any time following and during the continuance of a Default and Event of Default, at its option, transfer to itself or any nominee any securities constituting Collateral, receive any income thereon and hold such income as additional Collateral or apply it to the Obligations. Whether or not any Obligations are due, the Administrative Agent may following and during the continuance of a Default and Event of Default demand, xxx for, collect, or make any settlement or compromise which it deems desirable with respect to the Collateral. Regardless of the adequacy of Collateral or any other security for the Obligations, any deposits or other sums at any time credited by or due from the Administrative Agent or Secured Parties to any Secured Party to the Grantors Grantor may at any time be applied to or set off against any of the Obligations then due and owing.

Securities and Deposits. The Administrative Agent may at any time following and during the continuance of a Default and an Event of Default, at its option, transfer to itself or any nominee any securities constituting Collateral, receive any income thereon and hold such income as additional Collateral or apply it to the Obligations. Whether or not any Obligations are due, the Administrative Agent may may, following and during the continuance of a Default and an Event of Default Default, demand, xxx for, collect, or make any settlement or compromise which it deems desirable with respect to the Collateral. Regardless of the adequacy of Collateral or any other security for the Obligations, any deposits or other sums at any time credited by or due from the Administrative Agent or any Secured Party Lender to the Grantors any Company may at any time be applied to or set off against any of the Obligations then due and owingObligations.

Securities and Deposits. The Administrative Agent may at any time following and during the continuance of a Default and an Event of Default, at its option, transfer to itself or any nominee any securities constituting Collateral, receive any income thereon and hold such income as additional Collateral or apply it to the Obligations. Whether or not any Obligations are due, the Administrative Agent may may, following and during the continuance of a Default and an Event of Default Default, demand, xxx sue for, collect, or make any settlement or compromise which it deems deexx desirable with respect to the Collateral. Regardless of the adequacy of Collateral or any other security for the Obligations, any deposits or other sums at any time credited by or due from the Administrative Agent or any Secured Party Lender to the Grantors any Company may at any time be applied to or set off against any of the Obligations then due and owingObligations.