ADDITIONAL COLLATERAL/SETOFF. To further secure payment of the borrowings and all other obligations under the Credit Facilities and all of the Borrower's other liabilities to the Bank, the Borrower grants to the Bank a continuing security interest in: (i) all securities and other property of the Borrower in the custody, possession or control of the Bank (other than property held by the Bank solely in a fiduciary capacity) and (ii) all balances of deposit accounts of the Borrower with the Bank. The Bank shall have the right at any time to apply its own debt or liability to the Borrower, or to any other party liable for payment of the obligations under the Credit Facilities, in whole or partial payment of such obligations or other present or future liabilities, without any requirement of mutual maturity.
ADDITIONAL COLLATERAL/SETOFF. Borrower hereby grants to Bank (and any participant of the Facilities), as additional security for the Obligations, a continuing lien upon all monies, securities and other property of Borrower now or hereafter held or received by, or in transit to, Bank from or for Borrower. Bank (and any such participant of the Facilities) is authorized at any time and from time to time while there exists a Default, without notice to Borrower, and shall have the right to setoff, appropriate and apply its own debt or liability to Borrower, or to any other Person liable for the Obligations, in whole or partial payment of any Obligation in such order or manner as Bank may reasonably determine, without any requirements of mutual maturity.
ADDITIONAL COLLATERAL/SETOFF. To further secure payment of the borrowings and all other obligations under the Credit Facilities and all other Liabilities, the Borrower grants to the Bank a continuing security interest in: (i) all securities and other property of the Borrower in the custody, possession or control of the Bank (other than property held by the Bank solely in a fiduciary capacity) and (ii) all balances of deposit accounts of the Borrower with the Bank ("deposit account" having the meaning given to it in the UCC). The foregoing shall be considered to be part of the Collateral for the Credit Facilities and all other Liabilities and is included whenever the term "Collateral" is used in this agreement. The Bank shall have the right at any time to apply its own debt or liability to the Borrower, or to any other party liable for payment of the obligations under the Credit Facilities or any other Liabilities, in whole or partial payment of such obligations or other Liabilities, without any requirement of mutual maturity.
ADDITIONAL COLLATERAL/SETOFF. To further secure payment of all amounts owing under the Credit Facilities and all of the Borrower's other liabilities to the Bank, the Borrower grants to the Bank a continuing security interest in: (i) all securities and other property of the Borrower in the custody, possession or control of the Bank (other than property held by the Bank solely in a fiduciary capacity), and (ii) all balances of deposit accounts of the Borrower with the Bank. The Bank shall have the right at any time to apply its own debt or liability to the Borrower, or to any other party liable for payment of the Credit Facilities, inn whole or partial payment of the Credit Facilities or other present or future liabilities, without any requirement of mutual maturity.
ADDITIONAL COLLATERAL/SETOFF. A continuing security interest in (1) all securities and other property of the Borrower in the custody, possession or control of the Bank (other than property held by the Bank solely in a fiduciary capacity) and (2) all balances of deposit accounts of the Borrower with the Bank. The Bank shall have the right at any time to apply its own debt or liability to the Borrower, or to any other party liable for payment of the borrowings under the Loan, in whole or partial payment of such borrowings or other present or future liabilities of the Borrower to the Bank, without any requirement of mutual maturity;
ADDITIONAL COLLATERAL/SETOFF. To further secure payment of all amounts owing under the Credit Facilities and all of the Borrower's other liabilities to the Bank, the Borrower grants to the
ADDITIONAL COLLATERAL/SETOFF. To further secure payment of the borrowings and all other obligations under the Credit Facilities and all of the Borrower's other liabilities to the Bank, the Borrower grants to the Bank a continuing security interest in: (i) all securities and other property of the Borrower in the custody, possession or control of the Bank (other than property held by the Bank solely in a fiduciary capacity) and (ii) all balances of deposit accounts of the Borrower with the Bank. The Bank shall have the right at any time to apply its own debt or liability to the Borrower, or to any
ADDITIONAL COLLATERAL/SETOFF. To further secure payment of the borrowings under the Credit Facility and all of the Borrower's other liabilities to the Lender, the Borrower grants to the Lender a continuing security interest in all securities and other property of the Borrower now or hereafter in the custody, possession or control of the Lender. The Lender has the right at any time to apply its own debt or liability to the Borrower, or to any other party liable for payment of the Credit Facility, in whole or partial payment of the Credit Facility or other present or future liabilities, without any requirement of mutual maturity.
ADDITIONAL COLLATERAL/SETOFF. Transferee shall have no interest in any property taken as collateral security for any other loan or loans made to Borrower by Transferor/Agent, or in any property now or hereafter in Transferor/Agent's possession or control that may be or become collateral security for any such loan by reason of the general description contained in any general loan or collateral agreement held by Transferor/Agent or by reason of any right of setoff, counterclaim, banker's lien or otherwise. In the event the Loans are cross-collateralized with any other loan or loans made to Borrower by Transferor/Agent, proceeds from the liquidation of Collateral shall be applied first to fully repay the Loans prior to application to repayment of any such other loan or loans to Borrower from Transferor/Agent.
ADDITIONAL COLLATERAL/SETOFF. To further secure payment of the borrowings under the Credit Facilities and all of the Borrower's other present and future liabilities to the Bank, the Borrower grants to the Bank a continuing security interest in: (i) all securities and other property of the Borrower in the custody, possession or control of the Bank's commercial loan department and (ii) all balances of deposit accounts and certificates of deposit of the Borrower with the Bank. The Bank is hereby authorized at any time and from time to time, without notice to the Borrower (any such notice being expressly waived), to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other indebtedness at any time owing by the Bank (or any affiliate of Bank or any lender participating with the Bank but excluding any affiliate of such participant) to or for the credit or the account of the Borrower, as the case may be, against any and all of the obligations of the Borrower, now or hereafter existing, including those under this Agreement or any Note, irrespective of whether or not the Bank shall have made any demand under this Agreement or any Note or otherwise and although such obligations may be unmatured. The Bank agrees to promptly notify the Borrower after any such set off and application, provided that the failure to give such notice shall not affect the validity of such setoff and application or give rise to any claim against Bank. The rights of the Bank under this Section are in addition to other rights and remedies (including, without limitation, other rights of setoff) which the Bank may have.
