Rights of Set-Off. Regardless of the adequacy of any collateral, during the continuance of any Event of Default under the Note or the other Loan Documents, Lender may at any time and without notice to Guarantors set-off and apply the whole or any portion or portions of any or all deposits (general or specific, time or demand, provisional or final, regardless of currency, maturity, or branch of Lender where the deposits are held) now or hereafter held by Lender against amounts payable under this Guaranty, whether or not any other person or persons could also withdraw money therefrom.
Appears in 10 contracts
Sources: Unconditional Guaranty of Payment and Performance (Carter Validus Mission Critical REIT II, Inc.), Credit Agreement (Mid-America Apartments, L.P.), Guaranty of Payment and Performance (Carter Validus Mission Critical REIT II, Inc.)
Rights of Set-Off. Regardless of the adequacy of any collateralcollateral (it being understood that as of the Closing Date, the Obligations are unsecured), during the continuance of any Event of Default under the Note or the other Loan Documents, Lender may at any time and without notice to Guarantors set-off and apply the whole or any portion or portions of any or all deposits (general or specific, time or demand, provisional or final, regardless of currency, maturity, or branch of Lender where the deposits are held) now or hereafter held by Lender against amounts payable under this Guaranty, whether or not any other person or persons could also withdraw money therefrom.
Appears in 4 contracts
Sources: Unconditional Guaranty of Payment and Performance (Carter Validus Mission Critical REIT II, Inc.), Unconditional Guaranty of Payment and Performance (Carter Validus Mission Critical REIT II, Inc.), Unconditional Guaranty of Payment and Performance (Carter Validus Mission Critical REIT II, Inc.)
Rights of Set-Off. Regardless of the adequacy of any collateral, during the continuance of any Event of Default under the Note or the other Loan DocumentsDefault, Agent and each Lender may at any time and without notice to Guarantors set-off and apply the whole or any portion or portions of any or all deposits (general or specific, time or demand, provisional or final, regardless of currency, maturity, or branch of Agent or any Lender where the deposits are held) now or hereafter held by Agent or any Lender against amounts payable under this Guaranty, whether or not any other person Person or persons Persons could also withdraw money therefrom.
Appears in 1 contract
Sources: Unconditional Guaranty of Payment and Performance (Mid-America Apartments, L.P.)
Rights of Set-Off. Regardless of the adequacy of any collateral, during the continuance of any Event of Default under the Note Credit Agreement or any of the other Loan Documents, the Agent or any Lender may at any time and without upon prior written notice to Guarantors set-off and apply the whole or any portion or portions of any or all deposits (general or specific, time or demand, provisional or final, regardless of currency, maturity, or branch of the Agent or any Lender where the deposits are held) now or hereafter held by the Agent or any Lender against amounts payable under this Guaranty, whether or not any other person or persons could also withdraw money therefrom.
Appears in 1 contract
Rights of Set-Off. Regardless of the adequacy of any collateral, during the continuance of any Event of Default under the Note Notes or the other Loan Note Documents, Lender the Holders may at any time and without notice to the Guarantors set-off and apply the whole or any portion or portions of any or all deposits (general or specific, time or demand, provisional or final, regardless of currency, maturity, or branch of Lender any Holder where the deposits are held) now or hereafter held by Lender any Holder against amounts payable under this Guaranty, whether or not any other person or persons could also withdraw money therefrom.
Appears in 1 contract
Sources: Guaranty of Payment and Performance (Gladstone Commercial Corp)