Common use of Excess Collateral Clause in Contracts

Excess Collateral. Unless an Event of Default occurs, Collateral in excess of the value requirements is available for withdrawal at Debtor's request to Bank, free and clear of its lien. Debtor will provide reasonable time, information and cooperation for Debtor withdrawal requests. No Intermediary is authorized to release Collateral, or allow excess Collateral withdrawals, without written consent of an authorized employee of Bank's applicable credit department.

Excess Collateral. Unless an Event of Default occurs, Collateral in excess of the value requirements is available for withdrawal at Debtor's request to Bankby Owner, free and clear of its lienBank’s lien thereon, at Owner’s discretion. Debtor will provide Bank shall be afforded such reasonable time, information and cooperation as may be necessary to accommodate Owner requests for Debtor withdrawal requestsof excess Collateral. No Under no circumstances shall any Intermediary is be authorized to release Collateral, or allow withdrawal(s) of excess Collateral withdrawalsCollateral, without the express written consent of an authorized employee of Bank's Bank from its applicable credit department.

Excess Collateral. Unless an Event of Default occurs, Collateral in excess of the value requirements is available for withdrawal at by Debtor's request to Bank, free and clear of its lienBank’s lien thereon, at Debtor’s discretion. Debtor will provide Bank shall be afforded such reasonable time, information and cooperation as may be necessary to accommodate Debtor requests for Debtor withdrawal requestsof excess Collateral. No Under no circumstances shall any Intermediary is be authorized to release Collateral, or allow withdrawal(s) of excess Collateral withdrawalsCollateral, without the express written consent of an authorized employee of Bank's Bank from its applicable credit department.