Common use of Security; Setoff Clause in Contracts

Security; Setoff. The Guarantor grants to the Lender, 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 Lender and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the 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 Obligations, the Lender 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 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 the Lender, 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 Lender and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the 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, the Lender 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 such Guarantor under this Guaranty, whether or not the Lender shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.

Security; Setoff. The Guarantor grants to the Lender, as security for the full and punctual payment and performance of all of the Guarantor’s '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 Lender and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the 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 Obligations, the Lender 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 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 the Lender, 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 Lender and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the 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, the Lender 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 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 LenderInvestors, as security for the full and punctual payment and performance of all of the each 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 Lender such Investor and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the Lender such 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, each of the Lender Investors is hereby authorized at any time and from time to time, without notice to the either 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 Guarantor Guarantors under this Guaranty, whether or not the Lender such Investor 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 the Lender, 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 any of the Guarantor Guarantors now or hereafter held by the Lender and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the Lender 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, the Lender 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 Lender shall have made any demand under this Guaranty and although such obligations may be contingent or unmaturedGuaranty.

Security; Setoff. The Each Guarantor grants to the Lender, 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 Lender and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the 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, the Lender 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 such Guarantor under this Guaranty, whether or not the Lender shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.