7.1. Lock-box. At the request of the administrative officer after the occurrence and during the continuation of a late or accelerating payment event, each grantor executes irrevocable locking agreements, in the form provided by the administrative officer or by some other acceptable means, accompanied by confirmation by the bank in which the Imobus safe is blocked and irrevocable instructions of wiring. be confiscated from a special security account with the administrative officer. 8.12. Taxes and expenses. All taxes (other than excluded taxes) that must be paid by a federal or national authority with respect to this security agreement are paid by the funders, as well as interest and, if applicable, penalties. The fellows reimburse the administrator for all reasonable expenses. analysis, management, recovery, retention or sale of security (including costs and costs associated with periodic or specific security review). All costs and expenses incurred by donors in carrying out the acts required under the conditions provided by these provisions are borne by donors alone. „Account Control Agreement,” an agreement that is reasonably satisfactory in terms of form and content for the administrative officer and each relevant grantor, under each grantor, a bank holding such Funds Grantor153s and the administrative officer, with respect to the collection and control of all deposits and balances held in a deposit account controlled by such a large bank account with such a bank; 3.9.
No funding declarations, no security agreements. No funding declaration or security agreement in which the guarantee, which is not full or partial of the security that has not expired or which have been terminated, the designation of such a donor as a debtor or in a jurisdiction, except the funding declarations (i) the designation of the administrative officer on behalf of the guaranteed parties and (ii) with respect to Links , which are eligible under section 6.02 of the credit contract, to mention; unless this is considered to be an agreement to subordination one of the administrative officer`s links in connection with the Links loan documents, which are otherwise authorized in accordance with Section 6.02 of the credit contract. Asks the administrative officer to demand a first-rate and sophisticated security interest and, if applicable, the control of the security held by this grantor, subject to the Links authorized under Section 6.02 of the credit contract, unless this is considered an agreement for one of the administrative officer`s links in the credit documents of all Links which are otherwise authorized pursuant to Section 6.02 of the credit contract, to be subordinated. These funding statements may describe the security in the same way as those described here, or may contain an indication or description of security describing that property in another way, as the management officer may, at his sole discretion, consider it necessary, informed or prudent to ensure that security interest in the safeguards granted to the administrative officer is granted here. , including, without limitation, this quality of „all of the debtor`s assets, whether they are now in possession or acquired below and wherever they are, including all memberships and revenues.” Each grantor takes all necessary measures to defend the ownership of the security belonging to this grantor against all persons and to defend the interest of the administrative officer for the security of these guarantees and the priority of those guarantees against Lien, which are not expressly authorized in this document or as part of a loan document; provided that it is understood and agreed that no grantor is required to obtain bailee or leaseee waiver at the place where the inventory is stored.