Common use of Security; Setoff Clause in Contracts

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

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

Security; Setoff. Each Guarantor grants The Guarantors grant to the Lender, as security for the full and punctual payment and performance of all of such Guarantor’s the Guarantors’ obligations hereunder, a continuing lien on and security interest in all securities or other property belonging to such Guarantor any of the 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 such Guarantor the Guarantors or subject to withdrawal by such Guarantorthe Guarantors. 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 any Guarantor the Guarantors (any such notice being expressly waived by each Guarantorthe Guarantors) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of each Guarantor the 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.