Intercompany Receivables. 9.1 If a Guarantor Company grants security over its intercompany receivables it shall be free to deal with those receivables in the ordinary course of its business or otherwise as permitted under the Secured Documents until an Enforcement Event.
Intercompany Receivables. 10.1 If a member of the Group grants security over its intercompany receivables it shall be free to deal with those receivables in the ordinary course of its business until a Declared Default has occurred.
Intercompany Receivables. (a) If a Grantor grants Liens over its intercompany receivables from time to time it shall be free to deal with those receivables in the course of its business (subject to the Debt Documents) until an Event of Default has occurred and is continuing.
Intercompany Receivables. No security will be granted over intercompany receivables.
Intercompany Receivables. Intercompany Receivables" has the meaning set forth in Section 3.2.
Intercompany Receivables. The Company shall have been paid all amounts owed to it pursuant to Intercompany Receivables.
Intercompany Receivables. Conseco shall (and shall cause its Affiliates to) pay interest on any amount owed by Conseco or any of its Affiliates to the Company or any subsidiary thereof as of May 11, 2000 a rate per annum equal to 150 basis points in excess of the London interbank offered rate for a three-month period, as published in The Wall Street Journal. Such interest shall be paid monthly.
Intercompany Receivables. Subject to these Security Principles, a Guarantor shall grant security over its material intercompany receivables but it shall be free to deal with those receivables in the course of its business until a Declared Default. If required by local law to perfect the security, notice of the security will be served on the relevant lender within 5 Business Days of the security being granted and the Guarantor shall use its reasonable endeavours to obtain an acknowledgement of that notice within 20 Business Days of service. Irrespective of whether notice of the security is required for perfection if the service of notice would prevent the Guarantor from dealing with an intercompany receivable in the ordinary course of its business no notice of security shall be served until the occurrence of a Declared Default. If required under local law security over intercompany receivables will be registered subject to the general principles set out in these Security Principles.
Intercompany Receivables. (a) If a Loan Party grants Liens over its intercompany receivables, it shall be free to deal with those receivables in the course of its business in accordance with the terms of the Loan Documents until an Enforcement Event has occurred.
Intercompany Receivables. (a) If an Obligor grants security over its material intercompany receivables it shall be free to deal with those receivables in the course of its business until an Event of Default has occurred which is continuing and notice of acceleration in connection thereof has been given by the Agent in accordance with the terms of this Agreement.
