Common use of Securities and Deposits Clause in Contracts

Securities and Deposits. The Agent may at any time following 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 Obligations. Whether or not any Obligations are due, the Agent may following and during the continuance of 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 Agent 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 Agent may at any time following and during the continuance of an Event of Defaulttime, 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 After the occurrence and during the continuance of an Event of Default, whether or not any Obligations are due, the Agent may following and during the continuance of an Event of Default demand, xxx forsue xxx, 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 Agent or any Bank to any of the Grantors Companies may at any time be applied to or set off against any of the Obligations then due and owingObligations.

Securities and Deposits. The Agent may at any time following and during the continuance of an Event of Defaulttime, at its option, upon the occurrence and during the continuation of an Event of Default 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 Agent may following and during the continuance of 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 Agent or any Bank to the Grantors Company may at any time upon the occurrence and during the continuation of an Event of Default be applied to or set off against any of the Obligations then due and owingObligations.

Securities and Deposits. The Agent may at any time following 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 Obligations. Whether or not any Obligations are due, the Agent may following and during the continuance of 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 Agent to the Grantors Company may at any time be applied to or set off against any of the Obligations then due and owingObligations.

Securities and Deposits. The If an Event of Default shall have occurred and be continuing, (i) the Agent may at any time following and during the continuance of an Event of Defaulttime, at its option, transfer to itself or any nominee any securities investment property constituting Collateral, receive any income thereon and hold such income as additional Collateral or apply it to the Obligations. Whether , and (ii) whether or not any Obligations are due, the Agent may following and during the continuance of an Event of Default demand, xxx forsue xxx, 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 Agent or any other Holder of Secured Obligations to the Grantors Grantor may at any time be applied to or set off against any of the Obligations then due and owingObligations.

Securities and Deposits. The Agent may at any time following after 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 Obligations. Whether After the occurrence and during the continuance of an Event of Default, whether or not any Obligations are due, the Agent may following and during the continuance of 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 Agent or any Bank to the Grantors Company may at any time be applied to or set off against any of the Obligations then due and owingObligations.

Securities and Deposits. The Agent may at any time following after the occurrence and during the continuance continuation of an Event of Default, at its option, transfer to itself or any nominee any my 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, After the Agent may following occurrence and during the continuance of an Event of Default Default, the Agent may 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 Agent or any Bank to the Grantors Company may at any time be applied to or set off against any of the Obligations then due and owingObligations.

Securities and Deposits. The Agent may at any time following Upon the occurrence and during the continuance of an Event of Default, the 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 Agent may following and during the continuance of 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 Secured Obligations, any deposits or other sums at any time credited by or due from the Agent or any Lender to any Pledgor may, upon the Grantors may at any time occurrence and during the continuance of an Event of Default, be applied to or set off against any of the Obligations then due and owingSecured Obligations.

Securities and Deposits. The Agent may at any time following and during the continuance of an Event of Defaulttime, 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 If an Event of Default shall have occurred and be continuing, whether or not any Obligations are due, the Agent may following and during the continuance of an Event of Default demand, xxx sue for, collect, or make any settlement or compromise which it deems desirable xxsirable 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 Agent or any Bank to the Grantors Company may at any time be applied to or set off against any of the Obligations then due and owingpayable.

Securities and Deposits. The Agent may at any time following and during after the continuance ----------------------- occurrence 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 Obligations. Whether or not any Obligations are due, the Agent may following and during may, after the continuance occurrence of 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 Agent or any Bank 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 Agent may at any time following and during the continuance of an Event of Defaulttime, 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 Agent may following Agent, after and during the continuance of an any Event of Default Default, may demand, xxx for, collect, or make any settlement or compromise which it deems reasonably desirable or necessary 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 Agent or any Lender to the Grantors Borrowers may at any time be applied to or set off against any of the Obligations then due and owingObligations.