Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 13 contracts
Samples: Credit Agreement (Health Care Reit Inc /De/), Credit Agreement (Sheridan Healthcare Inc), Credit Agreement (Sheridan Healthcare Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X XI hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 8 contracts
Samples: Credit Agreement (Uti Corp), Guaranty Agreement (Data General Corp), Credit Agreement (P F Changs China Bistro Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X IX hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 8 contracts
Samples: Credit Agreement (V F Corp), Credit Agreement (V F Corp), Credit Agreement (Sykes Healthplan Services Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes Loans has been accelerated pursuant to Article X IX hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the any Borrower hereunder, shall be applied by the Agent in the following order:order (or in such manner as the Required Lenders may determine):
Appears in 6 contracts
Samples: Credit Agreement (Aircastle LTD), Credit Agreement (Aircastle LTD), Credit Agreement (Aircastle LTD)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to this Article X hereofIX, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 6 contracts
Samples: Credit Agreement (Healthsouth Corp), Term Credit Agreement (Healthsouth Corp), Credit Agreement (MKS Instruments Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X ARTICLE XI hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 5 contracts
Samples: Credit Agreement (Gencorp Inc), Credit Agreement (Omnova Solutions Inc), Credit Agreement (Coca Cola Bottling Group Southwest Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to this Article X hereofVIII, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 5 contracts
Samples: Term Credit Agreement (Healthsouth Corp), Loan Agreement (MKS Instruments Inc), Loan Agreement (MKS Instruments Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article ARTICLE X hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 5 contracts
Samples: Credit Agreement (Delta Beverage Group Inc), Credit Agreement (Wackenhut Corp), Credit Agreement (Omnova Solutions Inc)
Allocation of Proceeds. If an Event of Default has occurred ---------------------- and not been waivedis continuing, and the maturity of the Notes has been accelerated pursuant to Article X hereofSection 8.2, all payments received by the Agent hereunder, in hereunder with respect of to any principal of or interest on the Credit Obligations or any other amounts payable by the Borrower hereunder, Borrowers hereunder shall be applied by the Agent in the following order:
Appears in 2 contracts
Samples: Credit Agreement (Hibbett Sporting Goods Inc), Credit Agreement (Hibbett Sporting Goods Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes Loans has been accelerated pursuant to Article X IX hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 2 contracts
Samples: Credit Agreement (V F Corp), Credit Agreement (V F Corp)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to this Article X hereofXI, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 2 contracts
Samples: Guaranty Agreement (Windmere Durable Holdings Inc), Credit Agreement (Windmere Durable Holdings Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes Obligations has been accelerated pursuant to Article X hereof, all payments received by the Agent hereunder, hereunder in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, Borrowers hereunder shall be applied by the Agent in the following order:
Appears in 2 contracts
Samples: Credit Agreement (Technitrol Inc), Credit Agreement (Technitrol Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X hereof, all payments received by the Administrative Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Administrative Agent in the following order:
Appears in 2 contracts
Samples: Credit Agreement (Gtech Holdings Corp), Security Agreement (Ameristeel Finance Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes Loans has been accelerated pursuant to Article X hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 2 contracts
Samples: Credit Agreement (Aircastle LTD), Credit Agreement (Aircastle LTD)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower Borrowers hereunder, shall be applied by the Agent in the following order:
Appears in 2 contracts
Samples: Stock Pledge Agreement (Miller Industries Inc /Tn/), Credit Agreement (Breed Technologies Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes Loans has been accelerated pursuant to Article X IX hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Guarantor or any Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 2 contracts
Samples: Credit Agreement (V F Corp), Credit Agreement (V F Corp)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes and Obligations has been accelerated pursuant to Article X IX hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, hereunder shall be applied by the Agent in the following order:
Appears in 2 contracts
Samples: Credit Agreement (Saks Inc), Credit Agreement (Saks Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X VIII hereof, all payments received by the Agent Lender hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, hereunder shall be applied by the Agent Lender in the following order:
Appears in 2 contracts
Samples: Revolving Credit Agreement (Crown Crafts Inc), Revolving Credit Agreement (Crown Crafts Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X XI hereof, all payments received by the Agent hereunder, including amounts allocated and made available by the Collateral Agent to the Agent in respect of the obligations and liabilities of the Credit Parties under the Loan Documents, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 2 contracts
Samples: Credit Agreement (Covenant Transport Inc), Credit Agreement (Covenant Transport Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes Loans has been accelerated pursuant to Article X hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:order (or in such manner as the Required Lenders may determine):
Appears in 2 contracts
Samples: Credit Agreement (Aircastle LTD), Credit Agreement (Seacastle Inc.)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X XI hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, Borrowers hereunder shall be applied by the Agent in the following order:
Appears in 2 contracts
Samples: Credit Agreement (Giant Cement Holding Inc), Credit Agreement (Giant Cement Holding Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes Obligations has been accelerated pursuant to Article X XI hereof, all payments received by the Agent hereunder, Agents hereunder in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, Borrowers hereunder shall be applied by the Agent Agents in the following order:
Appears in 2 contracts
Samples: Credit Agreement (American Greetings Corp), Credit Agreement (American Greetings Corp)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes Loans has been accelerated pursuant to Article X IX hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the any Borrower hereunder, shall be applied by the Agent in the following order:order (or in such manner as the Required Lenders may determine): 84
Appears in 1 contract
Samples: Credit Agreement (Unicapital Corp)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes Loans has been accelerated pursuant to Article X hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the any Borrower hereunder, shall be applied by the Agent in the following order:order (or in such manner as the Required Lenders may determine):
Appears in 1 contract
Samples: Credit Agreement (Aircastle LTD)
Allocation of Proceeds. If an Event of Default has occurred and not been waivedis continuing, and the maturity of the Notes has been accelerated pursuant to Article X hereof, all payments received by the Agent hereunder, hereunder in respect of 55 any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, hereunder shall be applied by the Agent in the following order:
Appears in 1 contract
Samples: Credit and Reimbursement Agreement (Willcox & Gibbs Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waivedis continuing, and the maturity of the Notes has been accelerated pursuant to this Article X hereofVIII, all payments received by the Agent hereunder, hereunder in respect of any principal of or interest on the Credit Obligations or any other amounts payable by the Borrower hereunder, hereunder shall be applied by the Agent in the following order:
Appears in 1 contract
Samples: Credit Agreement (Healthsouth Corp)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X IX hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, hereunder (other than amounts deposited with the Agent pursuant to Section 9.01(B) which shall be applied first to payment of draws under Letters of Credit) shall be applied by the Agent in the following order:
Appears in 1 contract
Samples: Credit Facilities and Reimbursement Agreement (Republic Industries Inc)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes Loans has been accelerated pursuant to Article X XI hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 1 contract
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X IX hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, Borrowers hereunder shall be applied by the Agent in the following order:
Appears in 1 contract
Allocation of Proceeds. If an Event of Default has occurred and ---------------------- not been waived, and the maturity of the Notes has been accelerated pursuant to Article X hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 1 contract
Samples: Credit Agreement (Health Management Associates Inc)
Allocation of Proceeds. If an Event of Default has occurred and not ---------------------- been waived, and the maturity of the Notes has been accelerated pursuant to Article X hereof, all payments received by the Agent hereunder, in respect of --------- any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 1 contract
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to this Article X hereofIX, all payments received by the Administrative Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, hereunder shall be applied by the Administrative Agent in the following order:
Appears in 1 contract
Allocation of Proceeds. If an Event of Default has occurred and not ---------------------- been waived, and the maturity of the Notes has been accelerated pursuant to Article X XI hereof, all payments received by the Agent hereunder, in respect of ---------- any principal of or interest on the Obligations or any other amounts payable by the Borrower Borrowers hereunder, shall be applied by the Agent in the following order:: 108
Appears in 1 contract
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X IX hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Guarantor or any Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 1 contract
Samples: Credit Agreement (V F Corp)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X IX hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the any Borrower hereunder, hereunder shall be applied by the Agent in the following order:
Appears in 1 contract
Samples: Credit Facilities and Reimbursement Agreement (Greenfield Industries Inc /De/)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X hereofX, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 1 contract
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes Loans has been accelerated pursuant to Article X IX hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the any Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 1 contract
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, hereunder shall be applied by the Agent in the following order:
Appears in 1 contract
Samples: Loan and Reimbursement Agreement (Vitas Healthcare Corp)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X IX hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower Borrowers hereunder, shall be applied by the Agent in the following order:
Appears in 1 contract
Allocation of Proceeds. If an Event of Default has occurred and not been waivedwaived or cured, and the maturity of the Notes has been accelerated pursuant to Article X hereof, all payments received by the Administrative Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Administrative Agent in the following order:
Appears in 1 contract
Allocation of Proceeds. If an Event of Default has occurred and ---------------------- not been waived, and the maturity of the Notes has been accelerated pursuant to Article X hereof, all payments received by the Agent hereunder, in respect of --------- any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 1 contract
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes Loans has been accelerated pursuant to Article X hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:: (a) amounts due to the Lenders pursuant to Sections 2.10, 12.5 and 12.9, to be applied ratably in proportion to the respective amounts described in this clause (a) payable to them;
Appears in 1 contract
Samples: Credit Agreement (Aircastle LTD)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X XI hereof, all payments received by the Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower Borrowers hereunder, shall be applied by the Agent in the following order:
Appears in 1 contract
Allocation of Proceeds. If an Event of Default has occurred and not ---------------------- been waived, and the maturity of the Notes has been accelerated pursuant to Article X XI hereof, all payments received by the Agent hereunderpursuant to the terms of ---------- the Intercreditor Agreements, in respect of any 103 principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 1 contract
Samples: Credit Agreement (Cone Mills Corp)
Allocation of Proceeds. If an Event of Default has occurred and ---------------------- not been waived, and the maturity of the Notes has been accelerated pursuant to Article X IX hereof, all payments received by the Administrative Agent hereunder, ---------- in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Administrative Agent in the following order:
Appears in 1 contract
Samples: Guaranty Agreement (Ameristeel Corp)
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X XI hereof, all payments received by the Administrative Agent hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower Borrowers hereunder, shall be applied by the Administrative Agent in the following order:
Appears in 1 contract
Samples: Credit Agreement (Pepsiamericas Inc)
Allocation of Proceeds. If an Event of Default has occurred ---------------------- and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X XI hereof, all payments received by the Agent ---------- hereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 1 contract
Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X XI hereof, all payments received by the Agent hereunderpursuant to the terms of the Intercreditor Agreements, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 1 contract
Samples: Credit Agreement (Cone Mills Corp)
Allocation of Proceeds. If an Event of Default has ---------------------- occurred and not been waived, and the maturity of the Notes has been accelerated pursuant to Article X hereof, all payments received by the Agent hereunder, in --------- respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder, shall be applied by the Agent in the following order:
Appears in 1 contract
