Common use of Security; Setoff Clause in Contracts

Security; Setoff. 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 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 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 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 Agent and the Banks is hereby authorized at any time and from time to time, without notice to the Guarantors (any such notice being expressly waived by each of the Guarantors) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of 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.

Security; Setoff. 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 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 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 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 Agent and the Banks is hereby authorized at any time and from time to time, without notice to the Guarantors (any such notice being expressly waived by each of the Guarantors) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of 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.

Security; Setoff. Each of the Guarantors Guarantor grants to each of the Collateral Agent and ---------------- the BanksHolders, 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 Collateral Agent or such Bank Holder and in all deposits (general or special, time or demand, provisional or final) and other sums credited by or due from the Collateral Agent or such Bank Holder 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 Collateral Agent and the Banks Holders is hereby authorized at any time and from time to time, without notice to the Guarantors any Guarantor (any such notice being expressly waived by each of the GuarantorsGuarantor) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of such any Guarantor under this Guaranty, whether or not the Collateral Agent or such Bank Holder shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.

Security; Setoff. Each of the Guarantors Guarantor grants to each of the Administrative Agent and ---------------- the BanksLenders, 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 Administrative 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 Administrative Agent or such Bank 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, each of the Administrative Agent and the Banks Lenders is hereby authorized at any time and from time to time, without notice to the Guarantors any Guarantor (any such notice being expressly waived by each of the GuarantorsGuarantor) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of such Guarantor under this Guaranty, whether or not the Administrative Agent or such Bank Lender shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.

Security; Setoff. Each of the Guarantors Guarantor grants to each of the Administrative Agent and ---------------- the BanksLenders, 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 Administrative 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 Administrative Agent or such Bank 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, each of the Administrative Agent and the Banks Lenders is hereby authorized at any time and from time to time, without notice to the Guarantors (any such notice being expressly waived by each of the GuarantorsGuarantor) and to the fullest extent permitted by law, to set off and apply such deposits and other sums against the obligations of such each Guarantor under this Guaranty, whether or not the Administrative Agent or such Bank Lender shall have made any demand under this Guaranty and although such obligations may be contingent or unmatured.