Intercompany Receivables. 9.1 If a Guarantor Company grants security over its intercompany receivables it shall be free to deal with those receivables in the ordinary course of its business or otherwise as permitted under the Secured Documents until an Enforcement Event.
Intercompany Receivables. 10.1 If a member of the Group grants security over its intercompany receivables it shall be free to deal with those receivables in the ordinary course of its business until a Declared Default has occurred.
Intercompany Receivables. (a) If a Grantor grants Liens over its intercompany receivables from time to time it shall be free to deal with those receivables in the course of its business (subject to the Debt Documents) until an Event of Default has occurred and is continuing.
Intercompany Receivables. No security will be granted over intercompany receivables.
Intercompany Receivables. The Company shall have been paid all amounts owed to it pursuant to Intercompany Receivables.
Intercompany Receivables. Intercompany Receivables" has the meaning set forth in Section 3.2.
Intercompany Receivables. Conseco shall (and shall cause its Affiliates to) pay interest on any amount owed by Conseco or any of its Affiliates to the Company or any subsidiary thereof as of May 11, 2000 a rate per annum equal to 150 basis points in excess of the London interbank offered rate for a three-month period, as published in The Wall Street Journal. Such interest shall be paid monthly.
Intercompany Receivables. Subject to these Security Principles, a Guarantor shall grant security over its material intercompany receivables but it shall be free to deal with those receivables in the course of its business until a Declared Default. If required by local law to perfect the security, notice of the security will be served on the relevant lender within 5 Business Days of the security being granted and the Guarantor shall use its reasonable endeavours to obtain an acknowledgement of that notice within 20 Business Days of service. Irrespective of whether notice of the security is required for perfection if the service of notice would prevent the Guarantor from dealing with an intercompany receivable in the ordinary course of its business no notice of security shall be served until the occurrence of a Declared Default. If required under local law security over intercompany receivables will be registered subject to the general principles set out in these Security Principles.
Intercompany Receivables. (a) If an Obligor grants security over its material intercompany receivables it shall be free to deal with those receivables in the course of its business until an Event of Default has occurred which is continuing and notice of acceleration in connection thereof has been given by the Agent in accordance with the terms of this Agreement.
Intercompany Receivables. To the extent any Debtor or any member of the Asset Co Group grants Transaction Security over its intercompany receivables from any member(s) of the Asset Co Group, it shall be free to deal with those receivables in the course of its operations and business until an Acceleration Event has occurred but subject always to the terms of the Debt Documents. Subject to the rest of this paragraph, if required by local law to perfect the Transaction Security, notice of the Transaction Security will be served on the relevant debtor from which such intercompany receivables are owing within 5 Business Days of the Transaction Security being granted over such intercompany receivables and the relevant Debtor or member of the Asset Co Group (as applicable) shall obtain an acknowledgement of that notice within 5 Business Days of service. If required under local law, Transaction Security over such intercompany receivables will be registered subject to the general principles set out in these Security Principles.
