Common use of Security; Setoff Clause in Contracts

Security; Setoff. The Guarantor grants to each of the Agent and the ---------------- Banks, as security for the full and punctual payment and performance of all of the Guarantor's obligations hereunder, a continuing lien on and security interest in all securities or other property belonging to the Guarantor now or hereafter held by the Agent or such Bank and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the Agent or such Bank to the Guarantor or subject to withdrawal by the Guarantor. Regardless of the adequacy of any collateral security or other means of obtaining payment of any of the Obligations, each of the Agent and the Banks is hereby authorized at any time and from time to time, without notice to the Guarantor (any such notice being expressly waived by the Guarantor) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of the Guarantor under this Guaranty, whether or not the Agent or such Bank shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.

Security; Setoff. The Guarantor grants to each of the Agent and the ---------------- Banks, as security for the full and punctual payment and performance of all of the Guarantor's obligations hereunder, a continuing lien on and security interest in all securities or other property belonging to the Guarantor now or hereafter held by the Agent or such Bank and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the Agent or such Bank to the Guarantor or subject to withdrawal by the Guarantor. Regardless of the adequacy of any collateral security or other means of obtaining payment of any of the Obligations, each of the Agent and the Banks is hereby authorized at any time and from time to time, without notice to the Guarantor (any such notice being expressly waived by the Guarantor) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of the Guarantor under this Guaranty, whether or not the Agent or such Bank shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.

Security; Setoff. The Each Guarantor grants to each of the Agent and the ---------------- BanksLenders, as security for the full and punctual payment and performance of all of the such Guarantor's ’s obligations hereunder, a continuing lien on and security interest in all securities or other property belonging to the such Guarantor now or hereafter held by the Agent or such Bank Lender and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the Agent or such Bank Lender to the such Guarantor or subject to withdrawal by the such Guarantor. Regardless of the adequacy of any collateral security or other means of obtaining payment of any of the Obligations, each of the Agent and the Banks Lenders is hereby authorized at any time and from time to time, without notice to the any Guarantor (any such notice being expressly waived by the each Guarantor) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of the any Guarantor under this Guaranty, whether or not the Agent or such Bank Lender shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.

Security; Setoff. The Guarantor grants Guarantors grant to each of the Agent and the ---------------- Banks, as security for the full and punctual payment and performance of all of the Guarantor's Guarantors' obligations hereunder, a continuing lien on and security interest in all securities or other property belonging to the Guarantor Guarantors now or 63 - 5 - hereafter held by the Agent or such Bank and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the Agent or such Bank to the Guarantor Guarantors or subject to withdrawal by the GuarantorGuarantors. Regardless of the adequacy of any collateral security or other means of obtaining payment of any of the Obligations, each of the Agent and the Banks is hereby authorized at any time and from time to time, without notice to the Guarantor Guarantors (any such notice being expressly waived by the GuarantorGuarantors) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of the Guarantor Guarantors under this Guaranty, whether or not the Agent or such Bank shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.

Security; Setoff. The Guarantor grants to each the Agent for the benefit of ---------------- the Agent and the ---------------- Banks, as security for the full and punctual payment and performance of all of the Guarantor's obligations hereunder, a continuing lien on and security interest in all securities or other property belonging to the Guarantor now or hereafter held by the Agent or such any Bank and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the Agent or such any Bank to the Guarantor or subject to withdrawal by the Guarantor. Regardless of the adequacy of any collateral security or other means of obtaining payment of any of the Obligations, each of the Agent and the Banks any Bank is hereby authorized at any time and from time to time, without notice to the Guarantor (any such notice being expressly waived by the Guarantor) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of the Guarantor under this Guaranty, whether or not the Agent or such Bank shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.

Security; Setoff. The Guarantor grants to each the Agent for the benefit of the Agent and the ---------------- Banks, as security for the full and punctual payment and performance of all of the Guarantor's obligations hereunder, a continuing lien on and security interest in all securities or other property belonging to the Guarantor now or hereafter held by the Agent or such any Bank and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the Agent or such any Bank to the Guarantor or subject to withdrawal by the Guarantor. Regardless of the adequacy of any collateral security or other means of obtaining payment of any of the Obligations, each of the Agent and the Banks any Bank is hereby authorized at any time and from time to time, without notice to the Guarantor (any such notice being expressly waived by the Guarantor) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of the Guarantor under this Guaranty, whether or not the Agent or such Bank shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.

Security; Setoff. The Guarantor grants to each of the Agent and the ---------------- BanksLender, as security for the full and punctual payment and performance of all of the Guarantor's obligations hereunder, a continuing lien on and security interest in all securities or other or other property belonging to the Guarantor now or hereafter held by the Agent or such Bank Lender and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the Agent or such Bank Lender to the Guarantor or subject to withdrawal by the Guarantor. Regardless of the adequacy of any collateral security or other means of obtaining payment of any of the Guaranty Obligations, each of the Agent and the Banks Lender is hereby authorized at any time after an Event of Default (as defined in the Credit Agreement) and from time to time, while it is continuing without notice to the Guarantor (any such notice being expressly waived by the Guarantor) and to the fullest extent permitted by law, to set off and apply such any deposits and other sums due from the Lender against the obligations of the Guarantor under this Guaranty, whether or not the Agent or such Bank Lender shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.

Security; Setoff. The Each Guarantor grants to each of the Agent Secured Party and the ---------------- Bankseach Investor, as security for the full and punctual payment and performance of all of the such Guarantor's ’s obligations hereunder, a continuing lien on and security interest in all securities or other property belonging to the such Guarantor now or hereafter held by the Agent Secured Party or such Bank Investor and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the Agent Secured Party or such Bank Investor to the such Guarantor or subject to withdrawal by the such Guarantor. Regardless of the adequacy of any collateral security or other means of obtaining payment of any of the Obligations, the Secured Party and each of the Agent and the Banks Investor is hereby authorized at any time and from time to time, without notice to the any Guarantor (any such notice being expressly waived by the each Guarantor) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of the each Guarantor under this Guaranty, whether or not the Agent Secured Party or such Bank Investor, as the case may be, shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.

Security; Setoff. The Guarantor Each of the Guarantors grants to each of the Agent and the ---------------- Banks, as security for the full and punctual payment and performance of all of the such Guarantor's obligations hereunder, a continuing lien on and security interest in all securities or other property belonging to the such Guarantor now or hereafter held by the Agent or such Bank and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the Agent or such Bank to the such Guarantor or subject to withdrawal by the such Guarantor. Regardless of the adequacy of any collateral security or other means of obtaining payment of any of the Obligations, each of the Agent and the Banks is hereby authorized at any time and from time to time, without notice to the such Guarantor (any such notice being expressly waived by the such Guarantor) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of the Guarantor Guarantors under this Guaranty, whether or not the Agent or such Bank shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.

Security; Setoff. The Guarantor Each of the Guarantors grants to each of the Agent and ---------------- the ---------------- Banks, as security for the full and punctual payment and performance of all of the such Guarantor's obligations hereunder, a continuing lien on and security interest in all securities or other property belonging to the such Guarantor now or hereafter held by the Agent or such Bank and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the Agent or such Bank to the such Guarantor or subject to withdrawal by the such Guarantor. Regardless of the adequacy of any collateral security or other means of obtaining payment of any of the Obligations, each of the Agent and the Banks is hereby authorized at any time and from time to time, without notice to the Guarantor Guarantors (any such notice being expressly waived by each of the GuarantorGuarantors) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of the such Guarantor under this Guaranty, whether or not the Agent or such Bank shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.