Common use of Application after Acceleration Clause in Contracts

Application after Acceleration. From and after the giving of notice to the Borrower by the Agent under Clause 22.2 (Acceleration), the Borrower shall procure that all sums from time to time standing to the credit of any of the Earnings Accounts are immediately transferred to the Security Agent or any Receiver or Delegate for application in accordance with Clause 17.8 (Application of moneys by Security Agent) and the Borrower irrevocably authorises the Security Agent to instruct the Account Holder to make those transfers.

Application after Acceleration. From and after the giving of notice to the Borrower by the Agent under Clause 22.2 (Acceleration), the Borrower shall procure that all sums from time to time standing to the credit of any of the Earnings Accounts are immediately transferred to the Security Agent or any Receiver or Delegate for application in accordance with Clause 17.8 16 .14 (Application of moneys by Security Agent) and the Borrower irrevocably authorises the Security Agent to instruct the Account Holder to make those transfers.

Application after Acceleration. From and after the giving of notice to the Borrower Borrowers by the Agent under Clause 22.2 (Acceleration13.2 ( Acceleration ), the Borrower Borrowers shall procure that all sums from time to time standing to the credit of any of the Earnings Accounts are immediately transferred to the Security Agent or any Receiver or Delegate for application in accordance with Clause 17.8 (10.9 ( Application of moneys by Security AgentAgent ) and the Borrower Borrowers irrevocably authorises authorise the Security Agent to instruct the Account Holder to make those transfers.

Application after Acceleration. From and after the giving of notice to the Borrower Borrowers by the Agent under Clause 22.2 13.2 (Acceleration), the Borrower Borrowers shall procure that all sums from time to time standing to the credit of any of the Earnings Accounts are immediately transferred to the Security Agent or any Receiver or Delegate for application in accordance with Clause 17.8 10.9 (Application of moneys by Security Agent) and the Borrower Borrowers irrevocably authorises authorise the Security Agent to instruct the Account Holder to make those transfers.