Common use of Without Notice Clause in Contracts

Without Notice. to any Debtor and regardless of the acceptance of any security or collateral for the payment hereof, appropriate and apply toward the payment of the Secured Obligations (i) any indebtedness due or to become due from Secured Party to any Debtor and (ii) any moneys, credits or other property belonging to a Debtor at any time held by or coming into the possession of Secured Party;

Appears in 2 contracts

Samples: Guarantor Security Agreement (Majestic Investor Capital Corp), Security Agreement (Microstrategy Inc)

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Without Notice. to any Debtor and regardless of the acceptance of any security or collateral for the payment hereof, appropriate and apply toward the payment of the Secured Obligations (i) any indebtedness due or to become due from Secured Party to any a Debtor and (ii) any moneys, credits or other property belonging to a Debtor at any time held by or coming into the possession of Secured Party;

Appears in 2 contracts

Samples: Security Agreement (Futurelink Corp), Security Agreement (Futurelink Corp)

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Without Notice. to any Debtor and regardless of the acceptance of any security or collateral for the payment hereof, appropriate and apply toward the payment of the Secured Obligations (i) any indebtedness due or to become due from Secured Party Collateral Agent to any Debtor and (ii) any moneys, credits or other property belonging to a any Debtor at any time held by or coming into the possession of Secured PartyCollateral Agent;

Appears in 1 contract

Samples: Security Agreement (Mortons Restaurant Group Inc)

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