Common use of Allocation of Proceeds Clause in Contracts

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 VI hereof, all payments received by the Administrative Agent hereunder or under the other Loan Documents, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower or any other Loan Party hereunder or under the other Loan Documents, shall be applied by the Administrative Agent in the following order:

Allocation of Proceeds. If an Event of Default has occurred and not been waived, and the maturity of the Advances and the Notes has been accelerated pursuant to Article VI hereof, all payments received by the Administrative Agent hereunder or under the other Loan Documents, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower or any other Loan Party hereunder or under the other Loan Documents, shall be applied by the Administrative Agent in the following order:

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 VI hereof, all payments received by the Administrative Agent hereunder or under the other Loan Documentshereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower or any other Loan Party hereunder or under the other Loan Documentshereunder, shall be applied by the Administrative Agent in the following order:

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 this Article VI hereofVIII, all payments received by the Administrative Agent hereunder or under the other Loan Documents, in respect of any principal of or interest on the Obligations obligations of the Company hereunder, or any other amounts payable by the Borrower or any other Loan Party hereunder or under the other Loan DocumentsCompany hereunder, shall be applied by the Administrative Agent in the following order:

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 VI hereof, all payments received by the Administrative Agent hereunder or under the other Loan Documentshereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower Borrowers or any other Loan Party hereunder or under the other Loan Documentshereunder, shall be applied by the Administrative Agent in the following order:

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 this Article VI hereofVIII, all payments received by the Administrative Agent hereunder or under the other Loan Documentshereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower Company or any other Loan Party hereunder or under the other Loan DocumentsBorrowing Subsidiaries hereunder, shall be applied by the Administrative Agent in the following order:

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 VI hereofIX, all payments received by the Administrative Agent hereunder or under the other Loan Documentshereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower or any other Loan Party hereunder or under the other Loan Documentshereunder, shall be applied by the Administrative Agent in the following order:

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 VI hereof, all payments received by the Administrative Agent hereunder or under the other Loan Documents, in respect of any principal of or interest on the Secured Obligations or any other amounts payable by the Borrower or any other Loan Party hereunder or under the other Loan Documents, shall be applied by the Administrative Agent in the following order:

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 VI hereof, all payments received by the Administrative Agent hereunder or under the other Loan Documentshereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower Borrowers or any other Loan Party hereunder or under the other Loan Documentshereunder, shall be applied by the Administrative Agent in the following order:

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 VI hereofVI, all payments received by the Administrative Agent hereunder or under the other Loan Documents, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower or any other Loan Party hereunder or under the other Loan Documents, shall be applied by the Administrative Agent in the following order:

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 VI IX hereof, all payments received by the Administrative Agent hereunder or under the other Loan Documentshereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower or any other Loan Party hereunder or under the other Loan Documentshereunder, shall be applied by the Administrative Agent in the following order:

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 this Article VI hereofIX, all payments received by the Administrative Agent hereunder or under the other Loan Documentshereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower or any other Loan Party hereunder or under the other Loan Documentshereunder, shall be applied by the Administrative Agent in the following order:

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 VI hereof, all payments received by the Administrative Agent hereunder or under the other Loan Documents, in respect 140760.01015/104831797v.13 Exhibit 10.40 of any principal of or interest on the Obligations or any other amounts payable by the Borrower or any other Loan Party hereunder or under the other Loan Documents, shall be applied by the Administrative Agent in the following order:

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 VI XI hereof, all payments received by the Administrative Agent hereunder or (including amounts received from the Collateral Agent in the course of the exercise of the rights and remedies of the Collateral Agent under the other Loan Documents), in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower or any other Loan Party hereunder or under the other Loan DocumentsBorrowers hereunder, shall be applied by the Administrative Agent in the following order:: 110

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 VI hereof, all payments received by the Administrative Agent hereunder or under the other Loan Documentshereunder, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower or any other Loan Party hereunder or under the other Loan Documentshereunder, shall be applied by the Administrative Agent in the following order: