Common use of Prospective liabilities Clause in Contracts

Prospective liabilities. Following a Distress Event the Security Agent may, in its discretion hold any amount of the Recoveries in one or more interest bearing suspense or impersonal accounts in the name of the Security Agent with such financial institution (including itself) as the Security Agent shall think fit (the interest being credited to the relevant account for so long as the Security Agent shall think fit for later application under Clause 17.1 (Order of application) in respect of:

Prospective liabilities. Following a Distress Event the Security Agent may, in its discretion hold any amount of the Recoveries in one or more interest bearing suspense or impersonal accounts in the name of the Security Agent with such financial institution (including itself) as the Security Agent shall think fit (the interest being credited to the relevant account account) for so long as the Security Agent shall think fit for later application under Clause 17.1 16.1 (Order of application) in respect of:

Prospective liabilities. Following a Distress Event acceleration the Security Agent may, in its discretion discretion, hold any amount of the Recoveries in one or more an interest bearing suspense or impersonal accounts account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account for so long as the Security Agent shall think fit account) for later application under Clause 17.1 29.1 (Order of application) in respect of:

Prospective liabilities. Following a Distress Event the Security Agent may, in its discretion hold any amount of the Recoveries in one or more interest bearing suspense or impersonal accounts in the name of the Security Agent with such financial institution (including itself) as the Security Agent shall think fit (the interest being credited to the relevant account account) for so long as the Security Agent shall think fit for later application under Clause 17.1 15.1 (Order of application) in respect of:

Prospective liabilities. Following a Distress Event the Security Agent may, in its discretion discretion, hold any amount of the Recoveries in one or more an interest bearing suspense or impersonal accounts account(s) in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit (the interest being credited to the relevant account for so long as the Security Agent shall think fit account) for later application under Clause 17.1 10.1 (Order of applicationApplication) in respect of:

Prospective liabilities. Following a Distress Event Event, the Security Agent may, in its discretion discretion, hold any amount proceeds of the Recoveries in one or more an interest bearing suspense or impersonal accounts account in the name of the Security Agent with such financial institution (including itself) and for so long as the Security Agent shall think fit determine (the interest being credited to the relevant account for so long as the Security Agent shall think fit account) for later application under Clause 17.1 (Order of application) Section 12.1 in respect of:

Prospective liabilities. Following a Distress Event the Security Agent may, in its discretion hold any amount of the Recoveries in one or more interest bearing suspense or impersonal accounts in the name of the Security Agent with such financial institution (including itself) as the Security Agent shall think fit (the interest being credited to the relevant account account) and for so long as the Security Agent shall think fit for later application under Clause 17.1 16.1 (Order of application) in respect of: