Contingencies. If this Security is enforced at a time when no amount is due under the Loan Documents but at a time when amounts may or will become due, the Collateral Agent (or the Receiver) may pay the proceeds of any recoveries effected by it into such number of suspense accounts as it considers appropriate.
Appears in 6 contracts
Samples: Security Agreement (Gates Global Inc.), Security Agreement (Novelis Inc.), Security Agreement (Novelis Inc.)
Contingencies. If this Security is enforced at a time when no amount is due under the Loan Finance Documents but at a time when amounts may or will become due, the Collateral Agent (or the Receiver) may pay the proceeds of any recoveries effected by it into such number of a suspense accounts as it considers appropriateaccount.
Appears in 5 contracts
Samples: Warp Technology Holdings Inc, Warp Technology Holdings Inc, Warp Technology Holdings Inc
Contingencies. If the Security created by this Security Debenture is enforced at a time when no amount is due under the Loan Documents but at a time when amounts may or will become due, the Collateral Agent (or the Receiver) may pay the proceeds of any recoveries effected by it into such number of suspense accounts as it considers appropriate.
Appears in 3 contracts
Samples: Aircraft Security Agreement (American Airlines, Inc.), Credit Agreement (American Airlines Inc), Aircraft Security Agreement (American Airlines Inc)
Contingencies. If this the Security is enforced at a time when no amount is due under the Loan Documents Agreement but at a time when amounts may or will become due, the Collateral Security Agent (or the Receiver) may pay the proceeds of any recoveries effected by it into such number of a suspense accounts as it considers appropriateaccount.
Appears in 3 contracts
Samples: Shin Nippon Biomedical Laboratories, Ltd., Shin Nippon Biomedical Laboratories, Ltd., Shin Nippon Biomedical Laboratories, Ltd.
Contingencies. If this Security is enforced at a time when no amount is due under the Loan Finance Documents but at a time when amounts may or will become due, the Collateral Security Agent (or the Receiver) may pay the proceeds of any recoveries effected by it into such number of a suspense accounts as it considers appropriateaccount.
Appears in 3 contracts
Samples: eHi Car Services LTD, Security Agreement (GCL Silicon Technology Holdings Inc.), Security Agreement (GCL Silicon Technology Holdings Inc.)
Contingencies. If this Security is enforced at a time when no amount is due under the Loan Finance Documents but at a time when amounts may or will become due, the Collateral Security Agent (or the a Receiver) may pay the proceeds of any recoveries effected by it into such number of a suspense accounts as it considers appropriateaccount or any other account selected by it.
Appears in 2 contracts
Samples: www.clear-media.net, www.clear-media.net
Contingencies. If this Security is enforced at a time when no amount is due under the Loan Finance Documents but at a time when amounts may or will become due, the Collateral Security Agent (or the Receiver) may pay the proceeds of any recoveries effected by it into such number of a suspense accounts as it considers appropriateaccount or other account selected by it.
Appears in 2 contracts
Samples: Security Agreement, Security Agreement
Contingencies. If this Security is enforced at a time when no amount is amounts are due under the Loan Documents but at a time when amounts may or will become so due, the Collateral Security Agent (or the Receiver) may pay the proceeds of any recoveries effected by it into such number of a suspense accounts as it considers appropriateaccount.
Appears in 1 contract
Samples: A Facilities Agreement (Great Wall Acquisition Corp)
Contingencies. If this Security is enforced at a time when no amount is due under the Loan Documents but at a time when amounts may or will become due, the Collateral Agent (or the Receiver) may pay the proceeds of any recoveries effected by it into such number of a suspense accounts as it considers appropriateaccount.
Appears in 1 contract
Samples: Security Agreement (Mimecast LTD)
Contingencies. If this Security is enforced at a time when no amount is due under the Loan Finance Documents but at a time when amounts may or will become due, the Collateral Security Agent (or the Receiver) may pay the proceeds of any recoveries effected by it into such number of a suspense accounts as it considers appropriateaccount or other account selected by it.
Appears in 1 contract
Samples: Security Agreement
Contingencies. If this Security is enforced at a time when no amount is due under the Loan Documents but at a time when amounts may or will become due, the Collateral Agent (or the Receiver) may pay the proceeds of any recoveries effected by it into such number of a suspense accounts as it considers appropriateaccount or other account selected by it.
Appears in 1 contract
Contingencies. If this Security security is enforced at a time when no amount is due under the Loan Secured Debt Documents but at a time when amounts may or will become due, the Collateral Security Agent (or the Receiver) may pay the proceeds of any the recoveries effected by it into such number of a suspense accounts as it considers appropriateaccount.
Appears in 1 contract
