Common use of Collect the Collateral Clause in Contracts

Collect the Collateral. Collect any of the Collateral and, at Lender's option and to the extent permitted by applicable law, retain possession of the Collateral while suing on the Indebtedness.

Appears in 20 contracts

Sources: Commercial Pledge and Security Agreement (Black Ridge Oil & Gas, Inc.), Pledge Agreement (Granite Falls Energy, LLC), Business Loan Agreement (Landmark Bancorp Inc)

Collect the Collateral. Collect any of the Collateral and, at Lender's ’s option and to the extent permitted by applicable law, retain possession of the Collateral while suing on the Indebtedness.

Appears in 12 contracts

Sources: Commercial Pledge Agreement, Business Loan Agreement (Landmark Bancorp Inc), Commercial Pledge Agreement (Wayside Technology Group, Inc.)

Collect the Collateral. Collect any of the Collateral and, at Lender▇▇▇▇▇▇'s option and to the extent permitted by applicable law, retain possession of the Collateral while suing on the Indebtedness.

Appears in 5 contracts

Sources: Commercial Pledge Agreement (Utg Inc), Commercial Pledge Agreement (Premier Financial Bancorp Inc), Commercial Pledge Agreement (LSB Industries Inc)

Collect the Collateral. Collect any of the Collateral and, at Lender's option and to the extent permitted by applicable law, retain possession of the Collateral while suing on the Indebtednessindebtedness.

Appears in 2 contracts

Sources: Pledge Agreement (Granite Falls Energy, LLC), Commercial Pledge Agreement (Training Devices International Inc)

Collect the Collateral. Collect any of the Collateral and, at Lender's option and to the extent permitted by applicable law, retain possession of the Collateral while suing on the Indebtedness.indebtedness. COMMERCIAL PLEDGE AGREEMENT LOAN NO: 67 (CONTINUED) PAGE 3 ================================================================================

Appears in 1 contract

Sources: Commercial Pledge Agreement (Osborne Richard M Trust)

Collect the Collateral. Collect any of the Collateral and, at Lender's Len▇▇▇'▇ option and to the extent permitted by applicable law, retain possession of the Collateral while suing on the Indebtedness.

Appears in 1 contract

Sources: Business Loan Agreement (California Beach Restaurants Inc)