Suspense. Accounts All moneys received, recovered or realised by a Bank by virtue of Clause 29.1 (Guarantee and Indemnity) may, in that Bank's discretion, be credited to an interest bearing suspense or impersonal account and may be held in such account for so long as such Bank thinks fit pending the application from time to time (as such Bank may think fit) of such moneys in or towards the payment and discharge of any amounts owing by the Account Party to such Bank under the Finance Documents.
Suspense. To the Knowledge of such Seller, proceeds from the sale of oil, condensate and gas from the Properties attributable to Target’s interests in the Properties are being received in all material respects by Target in a timely manner and are not being held in suspense for any reason other than delays resulting from the issuance of division orders, transfer orders or similar documents required for newly drilled xxxxx occurring in the Ordinary Course of Business.
Suspense. Schedule 4.38 lists all funds held in suspense (including funds held in suspense for unleased interests) by the EXCO Subs on the Execution Date that are attributable to the Assets, a description of the source of such funds and the reason they are being held in suspense, and, if known, the name or names of the Persons claiming such funds or to whom such funds are owed.
Suspense. Schedule 4.19 sets forth a list of all proceeds held in suspense by Noble on the date hereof that are attributable to the Leasehold Interests, a description of the source of such funds and the reason they are being held in suspense, the agreement or agreements under which such funds are being held and the name or names of the parties claiming such funds or to whom such funds are owed.
Suspense. With respect to Title Defects, alleged Title Defects or Seller’s indemnification obligations under Article VIII, Buyer may, as applicable, (i) place (or cause the applicable third-party payor of proceeds to place) any monies attributable to the portion of the affected Seller Reserved Overriding Royalty Interest in suspense pending final resolution of the underlying Title Defect (subject to the procedures in Section 2.3 (e)(ii)) or (ii) place (or cause the applicable third-party payor of proceeds to place) any monies attributable to the Seller Reserved Overriding Royalty Interest in suspense pending final resolution of the Buyer Claim under Article VIII. Without limiting the foregoing, should monies attributable to Buyer’s interest in any Unit, Well or Lease be held back or placed in suspense for any reason, Buyer may place (or cause the applicable third-party payor of proceeds to place) any monies attributable to the Seller Reserved Overriding Royalty Interest in suspense with respect to such Unit, Well or Lease.
Suspense. ACCOUNTS All moneys received, recovered or realised by a Bank by virtue of Clause 1 (GUARANTEE UPON FIRST DEMAND) or Clause 2 (INDEMNITY) may, in that Bank's discretion, in order to preserve the rights of the Bank to prove for the full amount of all its claim be credited to a suspense or impersonal account and may be held in such account for so long as such Bank thinks fit pending the application from time to time (as such Bank may think fit) of such moneys in or towards the payment and discharge of any amounts owing by an Obligor to such Bank under any Finance Document.
Suspense. Accounts All moneys received, recovered or realised by a Bank by virtue of Clause 26.1 (Guarantee: Principal Company) or Clause 26.3 (Guarantee: Ahold USA) or Clause 26.2 (Indemnity: Principal Company) or Clause 26.4 (Indemnity) may, in that Bank's discretion, be credited to a suspense or impersonal account and may be held in such account for so long as such Bank thinks fit pending the application from time to time (as such Bank may think fit) of such moneys in or towards the payment and discharge of any amounts owing by any of the Obligors to such Bank hereunder.
Suspense. Except as set forth on Schedule 4.1(p), proceeds from the sale of Hydrocarbons produced from or attributable to the Assets are being paid by or on behalf of Seller in compliance with the terms of the Leases, Surface Agreements and other applicable instruments and applicable Law without suspension or indemnity other than standard division order suspensions or indemnities, except as would not, individually or in the aggregate, have a Material Adverse Effect.
Suspense. Accounts All moneys received, recovered or realised by a Bank by virtue of Clause 19.1 (Parent Guarantee and Indemnity) or Clause 19.2 (Other Guarantors Guarantee and Indemnity) may, in that Bank's discretion, be credited to a suspense or impersonal account and may be held in such account for so long as such Bank thinks fit pending the application from time to time (as such Bank may think fit) of such moneys in or towards the payment and discharge of any amounts owing by an Obligor to such Bank hereunder. Each Obligor which has provided any such payment agrees that such Obligor shall have no interest in any such payment following payment whether or not such Bank has applied same and to the extent such Obligor has an interest in any such payment it grants the recipient Bank a security interest in same and in all claims in respect thereof.
Suspense account All monies received by the Chargee, a Receiver or a Delegate under this Deed may, for so long as it is necessary or advisable to preserve the Chargee’s claim to the Secured Liabilities, be credited to any interest-bearing suspense account. 15.
