Common use of Securities and Deposits Clause in Contracts

Securities and Deposits. The Agent may at any time following the occurrence and during the continuance of 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 Secured Obligations. Whether or not any Secured Obligations are due, the Agent may following the occurrence and during the continuance of an Event of Default demand, sxx 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 Secured Obligations, any deposits or other sums at any time credited by or due from the Agent to the Guarantor may at any time during the continuance of an Event of Default be applied to, or set off against, any of the Secured Obligations then due and owing.

Securities and Deposits. The Agent may at any time following Upon the occurrence and during the continuance of an Event of Default, the Administrative Agent may at any time, 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 Secured Obligations. Whether or not any Secured Obligations are due, the Administrative Agent may following the occurrence and during the continuance of an Event of Default demand, sxx 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 Secured Obligations, any deposits or other sums at any time credited by or due from the Administrative Agent or any Lender to any Pledgor may, upon the Guarantor may at any time occurrence and during the continuance of an Event of Default Default, be applied to, to or set off against, against any of the Secured Obligations then due and owingObligations.

Securities and Deposits. The Agent may at any time following the occurrence and during the continuance of 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 Secured Obligations. Whether or not any Secured Obligations are due, the Agent may following the occurrence and during the continuance of an Event of Default demand, sxx 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 Secured Obligations, any deposits or other sums at any time credited by or due from the Agent to the Guarantor may at any time during the continuance of an Event of Default be applied to, or set off against, any of the Secured Obligations then due and owing.

Securities and Deposits. The Agent may at any time following the occurrence and during the continuance of 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 Secured Obligations. Whether or not any Secured Obligations are due, the Agent may following the occurrence and during the continuance of an Event of Default demand, sxx 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 Secured Obligations, any deposits or other sums at any time credited by or due from the Agent to the Guarantor Borrower may at any time during the continuance of an Event of Default be applied to, or set off against, any of the Secured Obligations then due and owing.

Securities and Deposits. The Agent may at any time following the occurrence and during the continuance of 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 Secured Obligations. Whether or not any Secured Obligations are due, the Agent may following the occurrence and during the continuance of an Event of Default demand, sxx 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 Secured Obligations, any deposits or other sums at any time credited by or due from the Agent to the Guarantor Borrower may at any time during the continuance of an Event of Default be applied to, or set off against, any of the Secured Obligations then due and owing.