SUBSEQUENT INTERESTS AND ACCOUNTS Sample Clauses

SUBSEQUENT INTERESTS AND ACCOUNTS. If the Trustee at any time receives notice of any subsequent mortgage, assignment, charge or other interest affecting all or any part of the Assigned Property, all payments made by the Assignor to the Trustee or any of the Secured Parties after that time shall be treated as having been credited to a new account of the Trustee and not as having been applied in reduction of the Secured Obligations as at the time when the Trustee received notice.
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SUBSEQUENT INTERESTS AND ACCOUNTS. If the Assignee at any time receives notice of any subsequent mortgage, assignment, charge or other interest affecting all or any part of the Assigned Property, all payments made by the Assignor to the Assignee after that time shall be treated as having been credited to a new account of the Assignee and not as having been applied in reduction of the Secured Obligations as at the time when the Assignee received notice.
SUBSEQUENT INTERESTS AND ACCOUNTS. If the Chargee at any time receives notice of any subsequent security affecting all or any part of the Charged Property, all payments thereafter made to the Chargee shall be treated as having been credited to a suspense account and not as having been applied in reduction of the Secured Obligations as at the time when the Chargee received notice.
SUBSEQUENT INTERESTS AND ACCOUNTS. If the Security Trustee at any time receives notice of any subsequent mortgage, assignment, charge or other interest affecting all or any part of the Assigned Property, all payments made by the Assignor to the Security Trustee or any of the Secured Parties after that time shall be treated as having been credited to a new account of the Assignor and not as having been applied in reduction of the Secured Obligations as at the time when the Security Trustee received notice.
SUBSEQUENT INTERESTS AND ACCOUNTS. If the Security Trustee or any other Transaction Finance Party at any time receives notice of any subsequent mortgage, assignment, charge or other interest affecting all or any part of the Charged Property, all payments made by the Chargor to the Security Trustee or any of the Transaction Finance Parties after that time shall be treated as having been credited to a new account of the Chargor and not as having been applied in reduction of the Secured Obligations as at the time when the Security Trustee or such other Transaction Finance Party received notice.
SUBSEQUENT INTERESTS AND ACCOUNTS. 11.1 If the Trustee at any time receives notice of any subsequent mortgage, assignment, charge or other interest affecting all or any part of the Charged Portfolio, all payments made by the Chargor to the Trustee or any of the Holders after that time shall be treated as having been credited to a new account of the Chargor and not as having been applied in reduction of the Secured Obligations as at the time when the Trustee received notice. 11.2 All monies received, recovered or realised by the Trustee under this Agreement (including the proceeds of any conversion of currency) may in its discretion be credited to and held in any suspense or impersonal account (bearing a commercially reasonable rate of interest) pending their application from time to time in or towards the discharge of any of the Secured Obligations in accordance with the terms of the Indenture.
SUBSEQUENT INTERESTS AND ACCOUNTS. 14.1 If the Collateral Agent at any time receives notice of any subsequent mortgage, assignment, charge or other interest affecting all or any part of the Charged Portfolio, all payments made by the Chargor to the Collateral Agent or any of the Secured Parties after that time shall be treated as having been credited to a new account of the Chargor and not as having been applied in reduction of the Obligations as at the time when the Collateral Agent received notice. 14.2 All monies received, recovered or realised by the Collateral Agent under this Agreement (including the proceeds of any conversion of currency) may in its discretion be credited to and held in any suspense or impersonal account pending their application from time to time in or towards the discharge of any of the Obligations.
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SUBSEQUENT INTERESTS AND ACCOUNTS. 12.1 If the Security Trustee at any time receives notice of any subsequent mortgage, assignment, charge or other interest affecting all or any part of the Charged Portfolio, all payments thereafter made by the Chargor to the Security Trustee or any of the Secured Parties shall be treated as having been credited to a new account of the Chargor and not as having been applied in reduction of the Secured Obligations as at the time when the Security Trustee received notice. 12.2 All monies received, recovered or realised by the Security Trustee under this Agreement (including the proceeds of any conversion of currency) may in its discretion be credited to and held in any suspense or impersonal account pending their application from time to time in or towards the discharge of any of the Secured Obligations.
SUBSEQUENT INTERESTS AND ACCOUNTS. 11.1 If the Secured Party at any time receives notice of any subsequent mortgage, assignment, charge or other interest affecting all or any part of the Charged Portfolio, all payments thereafter made by the Chargor to the Secured Party shall be treated as having been credited to a new account of the Chargor and not as having been applied in reduction of the Secured Obligations as at the time when the Secured Party received notice. 11.2 All moneys received, recovered or realised by the Secured Party under this Agreement (including the proceeds of any conversion of currency) may in its discretion be credited to and held in any suspense or impersonal account pending their application from time to time in or towards the discharge of any of the Secured Obligations.
SUBSEQUENT INTERESTS AND ACCOUNTS. 11.1 If the Collateral Agent at any time receives notice of any subsequent mortgage, assignment, charge or other interest affecting all or any part of the Charged Portfolio, all payments thereafter made by each of the Chargors to the Collateral Agent shall be treated as having been credited to a new account of such Chargor and not as having been applied in reduction of the Secured Obligations as at the time when the Collateral Agent received notice. 11.2 All moneys received, recovered or realised by the Collateral Agent under this Deed (including the proceeds of any conversion of currency) may in its discretion be credited to and held in any suspense or impersonal account pending their application from time to time in or towards the discharge of any of the Secured Obligations.
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