Common use of Optional Preservation of Collateral Clause in Contracts

Optional Preservation of Collateral. (a) Subject to Section 5.5(d) and Section 12.1(c), but notwithstanding any other provision to the contrary herein, if an Event of Default shall have occurred and be continuing, the Trustee shall retain the Collateral securing the Notes intact, collect and cause the collection of the proceeds thereof and make and apply all payments and deposits and maintain all accounts in respect of the Collateral and the Notes in accordance with the Priority of Payments and the provisions of Article 10 and Article 12 unless either:

Optional Preservation of Collateral. (a) Subject to Section 5.5(d) and Section 12.1(c), but notwithstanding any other provision Notwithstanding anything to the contrary herein, if an Event of Default shall have occurred and be continuing, the Trustee shall retain the Collateral securing the Notes intact, collect and cause the collection of the proceeds thereof and make and apply all payments and deposits and maintain all accounts in respect of the Collateral and the Notes in accordance with the Priority of Payments and the provisions of Article 10 and Article 12 unless either:

Optional Preservation of Collateral. (a) Subject to Section 5.5(d) and Section 12.1(c), but notwithstanding any other provision Notwithstanding anything to the contrary herein, but subject to Section 5.5(d), if an Event of Default shall have occurred and be continuing, the Trustee shall retain the Collateral securing the Notes intact, collect and cause the collection of the proceeds thereof and make and apply all payments and deposits and maintain all accounts in respect of the Collateral and the Notes in accordance with the Priority of Payments and the provisions of Article 10 and Article 12 unless either:

Optional Preservation of Collateral. (a) Subject to Section 5.5(d) and Section 12.1(c), but notwithstanding any other provision to the contrary herein, if If an Event of Default shall have occurred and be continuingcontinuing and the Notes have been declared due and payable pursuant to, and in accordance with, Section 5.2(a), the Trustee shall retain the Collateral securing the Notes intactCollateral, collect and cause the collection of the proceeds thereof and make and apply all payments and deposits and maintain all accounts in respect of the Collateral and the Notes hereunder in accordance with the Priority of Payments and the provisions of Article 10 X, Article XI, Article XII and Article 12 unless eitherXIII unless:

Optional Preservation of Collateral. (a) Subject to Section 5.5(d) and Section 12.1(c), but notwithstanding Notwithstanding any other provision provisions hereof to the contrary hereincontrary, if an Event of Default shall have occurred and be continuing, the Trustee shall retain the Collateral securing the Notes intact, collect and cause the collection of the proceeds thereof and make and apply all payments and deposits and maintain all accounts in respect of the Collateral and the Notes in accordance with the Priority of Payments and the provisions of Article 10 11 and Article 12 unless either13 unless: