Time Deposits. Without prejudice to any right of set-off any Finance Party may have under any other Finance Document or otherwise, if any time deposit matures on any account the Chargor has with any Finance Party within the Security Period when: (a) this Security has become enforceable; and (b) no Secured Liability is due and payable, that time deposit will automatically be renewed for any further maturity which that Finance Party considers appropriate.
Appears in 7 contracts
Samples: Account Charge (eHi Car Services LTD), Security Agreement (Warp Technology Holdings Inc), Security Agreement (Warp Technology Holdings Inc)
Time Deposits. Without prejudice to any right of set-off any Finance Party may have under any other Finance Document or otherwise, if any time deposit matures on any account the Chargor Company has with any Finance Party at a time within the Security Period when:
(a) this Security security has become enforceable; and
(b) no amount of the Secured Liability Liabilities is due and payable, that time deposit will shall automatically be renewed for any further maturity which that Finance Party considers appropriate.
Appears in 2 contracts
Samples: Assignment of Share Purchase Agreement and Tax Deed of Covenant (British Energy Group PLC), Deed of Assignment and Mortgage (British Energy Group PLC)
Time Deposits. Without prejudice to any right of set-off any Finance Party may have under any other Finance Document or otherwise, if any time deposit matures on any account the Chargor has with any Finance Party at a time within the Security Period when:
(a) this Security security has become enforceable; and
(b) no amount of the Secured Liability Liabilities is due and payable, that time deposit will shall automatically be renewed for any further maturity which that Finance Party considers appropriate.
Appears in 2 contracts
Samples: Credit Facility Agreement (Azurix Corp), Credit Facility (Azurix Corp)
Time Deposits. Without prejudice to any right of set-off any Finance Party may have under any other Finance Document or otherwise, if any time deposit matures on any account the Chargor has with any Finance Party at a time within the Security Period when:
(a) this Security security has become enforceable; and
and (b) no amount of the Secured Liability Liabilities is due and payable, that time deposit will shall automatically be renewed for any further maturity which that Finance Party considers appropriate.
Appears in 2 contracts
Samples: Credit Facility Agreement (System Energy Resources Inc), Credit Facility Agreement (Entergy London Capital Lp)
Time Deposits. Without prejudice to any right of set-off any Finance Party may have under any other Finance Document or otherwise, if any time deposit matures on any account the Chargor has with any Finance Party at a time within the Security Period when:
(a) this Security security has become enforceable; and
(b) no Secured Liability amount of the Liabilities is due and payable, that time deposit will shall automatically be renewed for any further maturity which that Finance Party considers appropriate.
Appears in 1 contract
Samples: Debenture (British Energy Group PLC)
Time Deposits. Without prejudice to any right of set-off any Finance Party may have under any other Finance Document or otherwise, if any time deposit matures on any account the Chargor has with any Finance Party at a time within the Security Period when:
(a) this Security security has become enforceable; and
(b) no amount of the Secured Liability Senior Liabilities is due and payable, that time deposit will shall automatically be renewed for any further maturity which that Finance Party considers appropriate.
Appears in 1 contract
Samples: Debenture (British Energy Group PLC)
Time Deposits. Without prejudice to any right of set-off any Finance Party may have under any other Finance Document or otherwise, if any time deposit matures on any account the a Chargor has with any Finance Party within the Security Period when:
(a) this Security has become is enforceable; and
(b) no Secured Liability is Liabilities are due and payable, that time deposit will automatically be renewed for any further maturity which that Finance Party considers appropriate.
Appears in 1 contract
Samples: Security Agreement
Time Deposits. Without prejudice to any right of set-off any Finance Party may have under any other Finance Document or otherwise, if any time deposit matures on any account the Chargor Mortgagor has with any Finance Party within the Security Period when:
(a) this Security has become enforceable; and
(b) no Secured Liability is due and payable, that time deposit will automatically be renewed for any further maturity which that Finance Party considers appropriate.
Appears in 1 contract
Samples: Share Mortgage (Yingli Green Energy Holding Co LTD)
Time Deposits. Without prejudice to any right of set-off any Finance Party may have under any other Finance Document or otherwise, if any time deposit matures on any account the Chargor has with any Finance Party at a time within the Security Period when:
: (a) this Security security has become enforceable; and
(b) no Secured Liability is due and payable, that time deposit will automatically be renewed for any further maturity which that Finance Party considers appropriate.
Appears in 1 contract
Samples: Debenture (Wilshire Real Estate Investment Trust Inc)
Time Deposits. Without prejudice to any right of set-off any Finance Party may have under any other Finance Document or otherwise, if any time deposit matures on any account the Chargor has with any Finance Party within the Security Period when:
(a) this Security has become is enforceable; and
(b) no Secured Liability is Liabilities are due and payable, that time deposit will automatically be renewed for any further maturity which that Finance Party considers appropriate.
Appears in 1 contract
Samples: Security Agreement
