Common use of Suspense Clause in Contracts

Suspense. Accounts All moneys received, recovered or realised by a Bank by virtue of Clause 29.1 (Guarantee and Indemnity) may, in that Bank's discretion, be credited to an interest bearing suspense or impersonal account and may be held in such account for so long as such Bank thinks fit pending the application from time to time (as such Bank may think fit) of such moneys in or towards the payment and discharge of any amounts owing by the Account Party to such Bank under the Finance Documents.

Suspense. Accounts All moneys received, recovered or realised by a Bank by virtue of Clause 29.1 24.1 (Guarantee and Indemnity) may, in that Bank's discretion, be credited to an interest bearing suspense or impersonal account and may be held in such account for so long as such Bank thinks fit pending the application from time to time (as such Bank may think fit) of such moneys in or towards the payment and discharge of any amounts owing by the Account Party an Obligor to such Bank under the Finance Documents.

Suspense. Accounts All moneys received, recovered or realised by a Bank by virtue of Clause 29.1 30.1 (Guarantee and Indemnity) may, in that Bank's discretion, be credited to an interest bearing suspense or impersonal account and may be held in such account for so long as such Bank thinks fit pending the application from time to time (as such Bank may think fit) of such moneys in or towards the payment and discharge of any amounts owing by the Account Party to such Bank under the Finance Documents.

Suspense. Accounts All moneys received, recovered or realised by a Bank by virtue of Clause 29.1 17.1 (Guarantee and Guarantee) or Clause 17.2 (Indemnity) may, in that Bank's discretion, be credited to an interest bearing a suspense or impersonal account (which shall bear interest at a commercial rate) and may be held in such account for so long as such Bank thinks fit pending the application from time to time (as such Bank may think fit) of such moneys in or towards the payment and discharge of any amounts owing by the Account Party an Obligor to such Bank under the Finance Documentshereunder.

Suspense. Accounts All moneys received, recovered or realised by a Bank by virtue of Clause 29.1 28.1 (Guarantee and Indemnity) may, in that Bank's discretion, be credited to an a suspense account (bearing interest bearing suspense or impersonal account at a normal commercial rate which shall be payable to the relevant Guarantor after discharge of its obligations under this Agreement) and may be held in such account for so long as such Bank thinks fit pending the application from time to time (as such Bank may think fit) of such moneys in or towards the payment and discharge of any amounts owing by the Account Party an Obligor to such Bank under the Finance Documents.