Common use of Suspense account Clause in Contracts

Suspense account. The Security Trustee may, notwithstanding Clause 17 (Application of Proceeds), place and keep any monies received under this Deed, before or after the insolvency of any Chargor, to the credit of a suspense account in order to preserve the rights of the Finance Parties to xxx or prove for the whole amount in respect of claims against any Chargor or any other person.

Suspense account. The Security Trustee may, notwithstanding notwithstanding, Clause 17 10 (Application of Proceeds), place and keep any monies received under this Deed, before or after the insolvency of any the Chargor, to the credit of a suspense account in order to preserve the rights of the Finance Parties to xxx or prove for the whole amount in respect of claims against any the Chargor or any other person.

Suspense account. The Security Trustee may, notwithstanding Clause 17 (Application of Proceeds), place and keep any monies received under this Deed, before or after the insolvency of any the Chargor, to the credit of a suspense account in order to preserve the rights of the Finance Parties to xxx or prove for the whole amount in respect of claims against any the Chargor or any other person.

Suspense account. The Security Trustee may, notwithstanding Clause 17 (Application of Proceeds), place and keep any monies received under this Deed, before or after the insolvency of any Chargor, Subordinated Lender or the Borrower to the credit of a suspense account in order to preserve the rights of the Security Trustee and the Finance Parties to xxx or prove for the whole amount in respect of claims against any Chargor Subordinated Lender, the Borrower or any other person.

Suspense account. The Security Trustee may, notwithstanding Clause 17 11 (Application of Proceeds), ) place and keep any monies received under this Deed, before or after the insolvency of any Chargorthe Mortgagor, to the credit of a suspense account in order to preserve the rights of the Finance Parties Security Trustee or the Receiver or the Lenders to xxx sue or prove for the whole amount in respect of claims against any Chargor xxe Mortgagor or any other person.

Suspense account. The Security Trustee may, notwithstanding Clause 17 11 (Application of Proceeds), ) place and keep any monies received under this Deed, before or after the insolvency of any Chargorthe Mortgagor, to the credit of a suspense account in order to preserve the rights of the Finance Parties Security Trustee or the Receiver or the Lenders to xxx or prove for the whole amount in respect of claims against any Chargor the Mortgagor or any other person.