Application of. Article The provisions of this Article 4 apply on the occurrence of an Event of Default that is continuing.
Application of. ARTICLE 11: The terms of Article 11 on posting, transfer, and vacancies do not apply to a retired bargaining unit member. If the District offers to employ a retired bargaining unit member in a position, then that position is not vacant under the terms of Article 11.
Application of. Proceeds Any moneys received by the Administrative Agent or by any Receiver appointed by it pursuant to this Mortgage and/or under the powers hereby conferred shall, after the security constituted by this Mortgage shall have become enforceable in accordance with its terms, but subject to the payment of any claims having priority to the security constituted by this Mortgage and to the Administrative Agent’s and such Receiver’s rights under Clauses 9.4 (Contingencies) and 10.2 (Powers of Receiver), be applied against the amounts due and payable under the Loan Documents in accordance with the provisions of Section 2.13 (Payments and Computations) of the Facility Agreement.
Application of. Proceeds Any moneys received by the Security Trustee or by any Receiver appointed by it pursuant to this Debenture and/or under the powers hereby conferred shall, after the security constituted in this Debenture shall have become enforceable in accordance with its terms, but subject to the payment of any claims having priority to the security constituted by this Debenture and to the Security Trustee’s and such Receiver’s rights under Clauses 11.5 (Contingencies) and 12.2 (Powers of Receiver), be applied against the amounts due and payable under the Loan Documents in accordance with the provisions of Clause 5 (Application of Proceeds) of the Security Trust Deed.
Application of. ARTICLE Each member shall take such action as is necessary in its own territories for the purpose of making effective in terms of its own law the principles set forth in this Article and shall inform the Fund of the detailed action which it has taken.
Application of funds All moneys received by the Bank under or pursuant to any of the Security Documents and expressed to be applicable in accordance with this Clause 11.3 shall be applied by the Bank in the following manner:
Application of. PROCEEDS 8.2.1 ON EACH DISTRIBUTION DATE On each Distribution Date, all moneys received or held by the Loan Note Issuer in the Loan Note Issuer Distribution Account relating to a Series (as recorded in the relevant Series Loan Note Issuer Distribution Account Ledger) shall be applied to make the following payments:
Application of. ARTICLE 10. The provisions set forth in this Article 10 are intended to address the relationship between Agent and Lenders, and shall not affect any of the rights and obligations of Borrower set forth elsewhere in this Agreement.
Application of. 4.1.1.1. Visa and Bank agree that Bank has already satisfied any conditions to participating in the ** Program and, as a result, there is no need or requirement for Bank to ** Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately with the SEC. ** referenced in ** of Exhibit III.
Application of. PAYMENTS The Facility Agent and each Bank shall apply any amount received by it hereunder:
