Common use of Return of Collateral Clause in Contracts

Return of Collateral. Borrowers agree if it is necessary to return the Collateral, it will be returned to the "Dealer". Any such returns will not reduce the Obligations owing until a credit is received by Xxxxxx.

Appears in 11 contracts

Samples: Security Agreement, Security Agreement, Security Agreement

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Return of Collateral. Borrowers agree if it is necessary to return the Collateral, it will be returned to the "delivering dealer (“Dealer"”). Any such returns will not reduce the Obligations owing until a credit is received by Xxxxxx.

Appears in 4 contracts

Samples: Security Agreement, Security Agreement, Security Agreement

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Return of Collateral. Borrowers agree if it is necessary to return the Collateral, it will be returned to the "delivering dealer (“Dealer"”). Any such returns will not reduce the Obligations owing until a credit is received by XxxxxxLender.

Appears in 1 contract

Samples: Security Agreement

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