Allocation of Proceeds. If an Event of Default exists and maturity of any of the Obligations has been accelerated or the Maturity Date has occurred, all payments received by Administrative Agent under any of the Loan Documents, in respect of any principal of or interest on the Obligations or any other amounts payable by Borrower hereunder or thereunder, shall be applied in the following order and priority:
Appears in 6 contracts
Samples: Joinder Agreement (RREEF Property Trust, Inc.), Loan Agreement (Excel Trust, L.P.), Loan Agreement (Excel Trust, L.P.)
Allocation of Proceeds. If an Event of Default exists shall have occurred and be continuing and maturity of any of the Obligations has been accelerated or the Maturity Date has occurredaccelerated, all payments received by Administrative the Agent under any of the Loan Credit Documents, in respect of any principal of or interest on the Obligations or any other amounts payable by the Borrower hereunder or thereunder, shall be applied in the following order and priority:
Appears in 2 contracts
Samples: Credit Agreement (Serologicals Corp), Credit Agreement (Serologicals Corp)
Allocation of Proceeds. If an Event of Default exists shall have occurred and be continuing and the maturity of any of the Obligations Notes has been accelerated or the Maturity Date has occurredaccelerated, all payments received by Administrative an Agent under any of the Loan Documents, in respect of any principal of or interest on the Obligations or any other amounts payable by Borrower the Borrowers hereunder or thereunder, shall be applied by the Agents in the following order and priority:
Appears in 2 contracts
Samples: Credit Agreement (Allied Capital Corp), Credit Agreement (Allied Capital Corp)
Allocation of Proceeds. If an Event of Default exists and maturity of any of the Obligations has been accelerated or the Maturity Date has occurred, all payments received by Administrative Agent Lender under any of the Loan Documents, in respect of any principal of or interest on the Obligations or any other amounts payable by Borrower hereunder or thereunder, shall be applied in the following order and priority:
Appears in 1 contract
Samples: Loan Agreement (KBS Strategic Opportunity REIT, Inc.)
Allocation of Proceeds. If an Event of Default exists shall have occurred and be continuing and the maturity of any of the Obligations Notes has been accelerated or the Maturity Date has occurredaccelerated, all payments received by Administrative an Agent under any of the Loan Documents, in respect of any principal of or interest on the Obligations or any other amounts payable by Borrower the Company hereunder or thereunder, shall be applied by the Agents in the following order and priority:
Appears in 1 contract
Allocation of Proceeds. If an Event of a Default exists and maturity of any of the Obligations has obligations of Borrower have been accelerated or the Maturity Date has occurred, all payments received by Administrative Agent under any of the Loan DocumentsDocuments (including pursuant to the Cash Management Agreement and Operating Lessee Cash Management Agreement), in respect of any principal of or interest on the Obligations obligations of Borrower or any other amounts payable by Borrower or Operating Lessee hereunder or thereunder, shall be applied in the following order and priority:
Appears in 1 contract
Samples: Loan Agreement (Ryman Hospitality Properties, Inc.)
Allocation of Proceeds. If an Event of Default exists shall have occurred and be continuing and the maturity of any of the Obligations Notes has been accelerated or the Maturity Date has occurredaccelerated, all payments received by Administrative Agent under any of the Loan Documents, in respect of any principal of or interest on the Obligations or any other amounts payable by Borrower hereunder or thereunder, shall be applied by Administrative Agent in the following order and priority:
Appears in 1 contract
