Dealing with Monetary Claims Sample Clauses
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Dealing with Monetary Claims. (i) Save as permitted or not restricted by the Loan Documents, no Chargor shall release, sell, transfer, assign, factor, discount or otherwise deal in any way with any of the Monetary Claims except as contemplated by Clause 5.2(a)(ii) below.
(ii) Each Chargor shall get in and realise in a prudent manner on behalf of the ABL Agent (or, if the Noteholder Collateral Trustee has been granted a prior security interest in such Monetary Claims, the Noteholder Collateral Trustee) all its Monetary Claims and pay such moneys into the Bank Accounts, and after the Charges have become enforceable, such Chargor shall hold such moneys on trust for the ABL Agent (or, if the Noteholder Collateral Trustee has been granted a prior security interest in such moneys, the Noteholder Collateral Trustee) prior to such payment.
Dealing with Monetary Claims. Save to the extent provided otherwise in the Credit Agreement and save for credit discounts granted in the ordinary course of business by the relevant Company exercising its reasonable business judgment, each Company at any time during the subsistence of the Debenture, without the prior written consent of the Security Agent shall not factor or discount any of the Monetary Claims or enter into any agreement for such factoring or discounting.
Dealing with Monetary Claims. The Company shall not at any time during the subsistence of the Debenture, without the prior written consent of the Security Trustee or except as not expressly prohibited under the terms of the Indentures:
10.1.1 deal with the Monetary Claims referred to in sub-clause 3.
Dealing with Monetary Claims. No Chargor shall at any time during the subsistence of the Debenture, without the prior written consent of the Trustee:
Dealing with Monetary Claims. No Chargor shall, without the prior written consent of the Lender, assign, factor, discount, release, waive, compound or otherwise deal with any of the Monetary Claims or vary any term relating to a Monetary Claim.
Dealing with Monetary Claims. In the Event of Default or so long as a prior Event of Default has not been cured by Company, the Company shall not, without the prior written consent of the Security Holder:
Dealing with Monetary Claims. The Chargor shall not at any time during the subsistence of the Debenture, without the prior written consent of the Administrative Agent:
(a) deal with the Monetary Claims except by getting in and realising them in the ordinary and usual course of its business and paying the proceeds of those Monetary Claims into a Receivables Account or as the Administrative Agent may require (and such proceeds shall be held upon trust by the Chargor for the Administrative Agent on behalf of the Secured Parties prior to such payment in); or
(b) factor or discount any of the Monetary Claims or enter into any agreement for such factoring or discounting.
Dealing with Monetary Claims. Save as permitted (or not prohibited) by the Credit Agreement, the Borrower shall not enter into a single transaction or a series of transactions (whether related or not and whether voluntary or involuntary) to release, sell, transfer, assign, factor, discount or otherwise deal in any way with any of the Monetary Claims.
Dealing with Monetary Claims not at any time during the subsistence of the Debenture, without the prior written consent of the Trustee or except as not expressly prohibited under the terms of the Indentures:
(a) deal with the Monetary Claims referred to in clause 3.2.5 except by getting in and realising them in a prudent manner (on behalf of the Trustee) and paying the proceeds of those Monetary Claims into the Accounts or as the Trustee may require (and such proceeds shall be held upon trust for the Trustee on behalf of the Secured Creditors prior to such payment in);
(b) factor or discount any of the Monetary Claims referred to in clause 3.2.5 or enter into any agreement for such factoring or discounting; or
(c) be entitled to withdraw or otherwise transfer the proceeds of the realisation of any Monetary Claims standing to the credit of any Account, PROVIDED ALWAYS THAT prior to the delivery of a Notice of Charge pursuant to clause 6 or the occurrence of an Enforcement Event and at any time when no Enforcement Event is continuing (provided that at such time no Notice of Charge has been delivered pursuant to clause 6), the proceeds of the realisation of any Monetary Claims deriving from or in relation to any Intellectual Property or the proceeds of any Insurances relating to the Real Property secured under this Debenture shall (subject to any restriction on the application of such proceeds contained in this Debenture, the Indentures or in the Security Trust and Intercreditor Deed), upon such proceeds being credited to an Account, be released from the fixed charge created pursuant to clause 3.2 and the Obligors shall be entitled to withdraw such proceeds from such Account provided that such proceeds shall continue to be subject to the floating charge created pursuant to the terms of this Debenture.