Common use of Suspense account Clause in Contracts

Suspense account. The Security Trustee may, notwithstanding Clause 11 (Application of Proceeds) place and keep any monies received under this Deed, before or after the insolvency of the Mortgagor, to the credit of a suspense account in order to preserve the rights of the Security Trustee or the Receiver or the Lenders to xxx or prove for the whole amount in respect of claims against the Mortgagor or any other person.

Suspense account. The Security Trustee may, notwithstanding Clause 11 (Application of Proceeds) may place and keep any monies received under this Deed, before or after the insolvency of the MortgagorGuarantor or any other Security Party, to the credit of a suspense account in order for so long as is required by the Security Trustee to preserve the rights of the Security Trustee or the Receiver or the Lenders Finance Party to xxx sue or prove for the whole amount in respect of claims against the Mortgagor Guarantor, any other Security Party or any other person.

Suspense account. The Security Trustee may, notwithstanding Clause 11 (Application of Proceeds) place and keep any monies received under this Deed, before or after the insolvency of the Mortgagor, to the credit of a suspense account in order to preserve the rights of the Security Trustee or the Receiver or the Lenders to xxx sue or prove for the whole amount in respect of claims against the xxe Mortgagor or any other person.

Suspense account. The Security Trustee may, notwithstanding Clause 11 (Application of Proceeds) place and keep any monies received under this Deed, before or after the insolvency of any Subordinated Lender or the Mortgagor, Borrower to the credit of a suspense account in order to preserve the rights of the Security Trustee or and the Receiver or the Lenders Finance Parties to xxx or prove for the whole amount in respect of claims against any Subordinated Lender, the Mortgagor Borrower or any other person.

Suspense account. The Security Trustee may, notwithstanding Clause 11 9 (Application of Proceeds) ), place and keep any monies received under this DeedAssignment, before or after the insolvency of the MortgagorBorrower or any Assignor, to the credit of a suspense account in order to preserve the rights of the Security Trustee or the Receiver or the Lenders Finance Parties to xxx or prove for the whole amount in respect of claims against the Mortgagor Borrower and any Assignor or any other person.

Suspense account. The Security Trustee may, notwithstanding Clause 11 9 (Application of Proceeds) ), place and keep any monies received under this Deed, before or after the insolvency of the MortgagorAssignor, to the credit of a suspense account in order to preserve the rights of the Security Trustee or the Receiver or the Lenders Finance Parties to xxx or prove for the whole amount in respect of claims against the Mortgagor Assignor or any other person.

Suspense account. The Security Trustee may, notwithstanding Clause 11 (Application of Proceeds) place and keep any monies received under this Deed, before or after the insolvency of the Mortgagor, Subordinated Lender to the credit of a suspense account in order to preserve the rights of the Security Trustee or and the Receiver or the Lenders Finance Parties to xxx or prove for the whole amount in respect of claims against the Mortgagor Subordinated Lender or any other person.