Common use of Withdrawal of Collateral Clause in Contracts

Withdrawal of Collateral. Upon receipt by the Bank of writings in the form specified by the Bank constituting (a) a request from the Member for the withdrawal of Collateral which has been specified or identified pursuant to Section 3.03 hereof or has been delivered pursuant to Section 3.04 hereof, or as to which the Bank has otherwise perfected its security interest; (b) a detailed listing of the Collateral to be withdrawn; and (c) a certificate of a responsible officer of the Member certifying as to the Qualifying Collateral, remaining after such withdrawal, that is specified and identified by the Member or held by the Bank, as appropriate, and upon the Bank’s determination that the Lendable Collateral Value of the remaining Qualifying Collateral is not less than the current required Collateral Maintenance Level, the Bank shall promptly redeliver, release, or reassign to the Member, at the Member’s expense, the Collateral specified in the Member’s listing of the Collateral to be withdrawn. Notwithstanding anything to the contrary herein contained, while an Event of Default shall have occurred and be continuing, or at any time that the Bank reasonably and in good fxxxx xxxxx itself insecure, the Member may not obtain any such withdrawal.

Withdrawal of Collateral. Upon receipt by the Bank of writings in the form specified by the Bank constituting (ai) a request from the Member for the withdrawal of Collateral which has been specified or identified pursuant to Section 3.03 hereof or has been 3.04 hereof, delivered pursuant to Section 3.04 3.05 hereof, or as to which the Bank has otherwise perfected its security interest; (bii) a detailed listing of the Collateral to be withdrawn; and (ciii) a certificate of a responsible officer of the Member certifying as to the Qualifying Collateral, remaining after such withdrawal, Collateral that is specified Specified and identified by the Member Member, or held by the Bank, as appropriate, after such withdrawal, and upon the Bank’s 's determination that the Lendable Collateral Value of the remaining Qualifying Collateral is not less than the current required Collateral Maintenance Level, the Bank shall promptly redeliver, release, release or reassign to the Member, at the Member’s expense, Member the Collateral specified identified in the Member’s 's listing of the Collateral to be withdrawn, provided that the Collateral requested to be withdrawn is not required by the Bank to be maintained as additional Collateral. Notwithstanding anything to the contrary herein contained, while white an Event of Default hereunder shall have occurred and be continuing, or at any time that the Bank reasonably and in good fxxxx xxxxx xxxxx itself insecureInsecure, the Member may not obtain any such withdrawal.

Withdrawal of Collateral. Upon receipt by the Bank of writings in the form specified by the Bank constituting constituting; (ai) a request from the Member for the withdrawal of Collateral which has been specified or identified pursuant to Section 3.03 hereof or has been 3.04 hereof, delivered pursuant to Section 3.04 3 05 hereof, or as to which the Bank has otherwise perfected its security interest; (bii) a detailed listing of the Collateral to be withdrawn; and (ciii) a certificate of a responsible officer of the Member certifying as to the Qualifying Collateral, remaining after such withdrawal, Collateral that is specified and identified by the Member Member, or held by the Bank, as appropriate, after such withdrawal, and upon the Bank’s 's determination that the Lendable Collateral Value value of the remaining Qualifying Collateral is not less than the current required Collateral Maintenance Level, the Bank shall promptly redeliver, release, release or reassign to the Member, at the Member’s expense, Member the Collateral specified identified in the Member’s 's listing of the Collateral to be withdrawn, provided that the Collateral requested to be withdrawn is not required by the Bank to be maintained as additional Collateral. Notwithstanding anything to the contrary herein contained, while an Event of Default hereunder shall have occurred and be continuing, or at any time that trial the Bank reasonably and in good fxxxx xxxxx faith seems itself insecure, the Member may not obtain any such withdrawal.

Withdrawal of Collateral. Upon receipt by the Bank of writings in the form specified by the Bank constituting (ai) a request from the Member for the withdrawal of Collateral which has been specified or identified pursuant to Section 3.03 3.05 hereof or has been delivered pursuant to Section 3.04 3.06 hereof, or as to which the Bank has otherwise perfected its security interest; , (bii) a detailed listing of the Collateral to be withdrawn; , and (ciii) a certificate of a responsible officer of the Member certifying as to the Qualifying Collateral, remaining after such withdrawal, Collateral that is specified and identified by the Member or held by the Bank, as appropriate, after such withdrawal, and upon the Bank’s 's determination that the Lendable Collateral Value of the remaining Qualifying Collateral is not less than the current required Collateral Maintenance Level, the Bank shall promptly redeliver, release, release or reassign to the Member, at the Member’s expense, Member the Collateral specified in the Member’s 's listing of the Collateral to be withdrawn, provided that the Collateral requested to be withdrawn is not required by the Bank to be maintained as additional Collateral. Notwithstanding anything to the contrary herein contained, while an Event of Default hereunder shall have occurred and be continuing, or at any time that the Bank reasonably and in good fxxxx faitx xxxxx itself xxxelf insecure, the Member may not obtain any such withdrawal.

Withdrawal of Collateral. Upon receipt by the Bank of writings in the form specified by the Bank constituting (a) a request from the Member for the withdrawal of Collateral which has been specified or identified delivered pursuant to Section 3.03 hereof or has been delivered pursuant to Section 3.04 hereof, or as to which the Bank has otherwise perfected its security interest; , (b) a detailed listing of the Collateral to be withdrawn; and (c) a certificate of a responsible officer of the Member certifying as to the Qualifying Collateral, remaining after such withdrawal, that is specified and identified by the Member or held by the Bank, as appropriate, and upon the Bank’s determination that the Lendable Collateral Value of the remaining Qualifying Collateral is not less than the current required Collateral Maintenance Level, the Bank shall promptly redeliver, release, or reassign to the Member, at the Member’s expense, the Collateral specified in the Member’s listing of the Collateral to be withdrawn. Notwithstanding anything to the contrary herein contained, while an Event of Default shall have occurred and be continuing, or at any time that the Bank reasonably and in good fxxxx xxxxx xxxxx itself insecure, the Member may not obtain any such withdrawal.. 250390-3 (Custom Form for Trustmark)

Withdrawal of Collateral. Upon receipt by the Bank of writings in the form specified by the Bank constituting (aI) a request from the Member for the withdrawal of Collateral which has been specified or identified pursuant to Section 3.03 3.05 hereof or has been delivered pursuant to Section 3.04 3.06 hereof, or as to which the Bank has otherwise perfected its security interest; , (bii) a detailed listing of the Collateral to be withdrawn; , and (ciii) a certificate of a responsible officer of the Member certifying as to the Qualifying Collateral, remaining after such withdrawal, Collateral that is specified and identified by the Member or held by the Bank, as appropriate, after such withdrawal, and upon the Bank’s determination that the Lendable Collateral Value of the remaining Qualifying Collateral is not less than the current required Collateral Maintenance Level, the Bank shall promptly redeliver, release, release or reassign to the Member, at the Member’s expense, Member the Collateral specified in the Member’s listing of the Collateral to be withdrawn, provided that the Collateral requested to be withdrawn is not required by the Bank to be maintained as additional Collateral. Notwithstanding anything to the contrary herein contained, while an Event of Default hereunder shall have occurred and be continuing, or at any time that the Bank reasonably and in good fxxxx xxxxx faith, deems itself insecure, the Member may not obtain any such withdrawal.

Withdrawal of Collateral. Upon receipt by the Bank of writings in the form specified by the Bank constituting (ai) a request from the Member for the withdrawal of Collateral which has been specified or identified pursuant to Section 3.03 3.05 hereof or has been delivered pursuant to Section 3.04 3.06 hereof, or as to which the Bank has otherwise perfected its security interest; , (bii) a detailed listing of the Collateral to be withdrawn; , and (ciii) a certificate of a responsible officer of the Member certifying as to the Qualifying Collateral, remaining after such withdrawal, Collateral that is specified and identified by the Member or held by the Bank, as appropriate, after such withdrawal, and upon the Bank’s 's determination that the Lendable Collateral Value of the remaining Qualifying Collateral is not less than the current required Collateral Maintenance LevelLevel and that the Bank does not require the Collateral requested to be withdrawn to be maintained as additional Collateral, the Bank shall promptly redeliver, release, release or reassign to the Member, at the Member’s expense, Member the Collateral specified in the Member’s 's listing of the Collateral to be withdrawn. Notwithstanding anything to the contrary herein contained, while an Event of Default hereunder shall have occurred and be continuing, or at any time that the Bank reasonably and in good fxxxx xxxxx xxxxx itself insecure, the Member may not obtain any such withdrawal.

Withdrawal of Collateral. Upon receipt by of the Bank of writings or electronic submissions in the form specified by the Bank in the Credit Policy constituting (a) a request from the Member for the withdrawal of Collateral which has been specified or identified pursuant to Section 3.03 hereof or has been delivered pursuant to Section 3.04 hereof, or as to which the Bank has otherwise perfected its security interest; (b) a detailed listing of the Collateral to be withdrawn; and (c) a certificate of a responsible officer of the Member certifying as to the Qualifying Collateral, remaining after such withdrawal, that is specified and identified by the Member or held by the Bank, as appropriate, and upon the Bank’s 's determination that the Lendable Collateral Value of the remaining Qualifying Collateral is not less than (i) the current required Collateral Maintenance Level; or (ii) such revised Collateral Maintenance Level as notified by Bank to Member pursuant to Section 1.01(i), the Bank shall or shall cause the custodian to promptly redeliver, release, or reassign to the Member, at the Member’s 's expense, the Collateral specified in the Member’s 's listing of the Collateral to be withdrawn. Notwithstanding anything to the contrary herein contained, while an Event of Default shall have occurred and be continuing, or at any time that the Bank reasonably and in good fxxxx xxxxx itself insecure, the Member may not obtain any such withdrawal.

Withdrawal of Collateral. Upon receipt by the Bank of writings in the form specified by the Bank constituting (ai) a request from the Member for the withdrawal of Collateral which has been specified or identified pursuant to Section 3.03 3.05 hereof or has been delivered pursuant to Section 3.04 3.06 hereof, or as to which the Bank has otherwise perfected its security interest; , (bii) a detailed listing of the Collateral to be withdrawn; , and (ciii) a certificate of a responsible officer of the Member certifying as to the Qualifying Collateral, remaining after such withdrawal, Collateral that is specified and identified by the Member or held by the Bank, as appropriate, after such withdrawal, and upon the Bank’s determination that the Lendable Collateral Value of the remaining Qualifying Collateral is not less than the current required Collateral Maintenance Level, the Bank shall promptly redeliver, release, release or reassign to the Member, at the Member’s expense, Member the Collateral specified in the Member’s listing of the Collateral to be withdrawn, provided that the Collateral requested to be withdrawn is not required by the Bank to be maintained as additional Collateral. Notwithstanding anything to the contrary herein contained, while an Event of Default hereunder shall have occurred and be continuing, or at any time that the Bank reasonably and in good fxxxx xxxxx itself insecure, the Member may not obtain any such withdrawal.

Withdrawal of Collateral. Upon receipt by the Bank of writings in the form specified by the Bank constituting (a) a request from the Member for the withdrawal of Collateral which has been specified or identified pursuant to Section 3.03 hereof or has been delivered pursuant to Section 3.04 hereof, or as to which the Bank has otherwise perfected its security interest; : (b) a detailed listing of the Collateral to be withdrawn; and (c) a certificate of a responsible officer of the Member certifying as to the Qualifying Collateral, remaining after such withdrawal, that is specified and identified by the Member or held by the Bank, as appropriate, and upon the Bank’s determination that the Lendable Collateral Value of the remaining Qualifying Collateral is not less than the current required Collateral Maintenance Level, the Bank shall promptly redeliver, release, or reassign to the Member, at the Member’s expense, the Collateral specified in the Member’s listing of the Collateral to be withdrawn. Notwithstanding anything to the contrary herein contained, while an Event of Default shall have occurred and be continuing, or at any time that the Bank reasonably and in good fxxxx xxxxx xxxxx itself insecure, the Member may not obtain any such withdrawal.

Withdrawal of Collateral. Upon receipt by the Bank of writings ------------------------- in the form specified by the Bank constituting (ai) a request from the Member for the withdrawal of Collateral which has been specified or identified pursuant to Section 3.03 3.05 hereof or has been delivered pursuant to Section 3.04 3.06 hereof, or as to which the Bank has otherwise perfected its security interest; , (bii) a detailed listing of the Collateral to be withdrawn; , and (ciii) a certificate of a responsible officer of the Member certifying as to the Qualifying Collateral, remaining after such withdrawal, Collateral that is specified and identified by the Member or held by the Bank, as appropriate, after such withdrawal, and upon the Bank’s 's determination that the Lendable Collateral Value of the remaining Qualifying Collateral is not less than the current required Collateral Maintenance LevelLevel and that the Bank does not require the Collateral requested to be withdrawn to be maintained as additional Collateral, the Bank shall promptly redeliver, release, release or reassign to the Member, at the Member’s expense, Member the Collateral specified in the Member’s 's listing of the Collateral to be withdrawn. Notwithstanding anything to the contrary herein contained, while an Event of Default hereunder shall have occurred and be continuing, or at any time that the Bank reasonably and in good fxxxx xxxxx xxxxx itself insecure, the Member may not obtain any such withdrawal.

Withdrawal of Collateral. Upon receipt by the Bank of writings in the form specified by the Bank constituting (a) a request from the Member for the withdrawal of Collateral which has been specified or identified pursuant to Section 3.03 hereof or has been delivered pursuant to Section 3.04 hereof, or as to which the Bank has otherwise perfected its security interest; (b) a detailed listing of the Collateral to be withdrawn; and (c) a certificate of a responsible officer of the Member certifying as to the Qualifying Collateral, remaining after such withdrawal, that is specified and identified by the Member or held by the Bank, as appropriate, and upon the Bank’s determination that the Lendable Collateral Value of the remaining Qualifying Collateral is not less than the current required Collateral Maintenance Level, the Bank shall promptly redeliver, release, or reassign to the Member, at the Member’s expense, the Collateral specified in the Member’s listing of the Collateral to be withdrawn. Notwithstanding anything to the contrary herein contained, while an Event of Default shall have occurred and be continuing, or at any time that the Bank reasonably and in good fxxxx xxxxx xxxxx itself insecure, the Member may not obtain any such withdrawal.