Application and Sharing of Payments Following Acceleration. Except as otherwise agreed to by all of the Lenders in their sole discretion, all monies and property received by the Lenders for application in respect of the Secured Obligations subsequent to the Adjustment Time and all monies received as a result of a realization upon the Security (collectively, the “Realization Proceeds”) shall be applied and distributed to the Lenders and the Agent in the order and manner set forth below:
Application and Sharing of Payments Following Acceleration. Except as otherwise agreed to by all of the Lenders in their sole discretion, any sum received by the Agent at any time after delivery of an Acceleration Notice or after the occurrence of an Event of Default specified in Section 9.1(b) or 9.1(c) which the Agent is obliged to apply in or towards satisfaction of sums due from the Borrower hereunder shall be applied by the Agent rateably among the Lenders and the Agent in accordance with amounts owed to the Lenders and the Agent in respect of each category of amounts set forth below, each such application to be made in the following order with the balance remaining after application in respect of each category to be applied to the next succeeding category:
Application and Sharing of Payments Following Acceleration. Except as otherwise agreed to by all the Secured Lenders in their sole discretion, all monies and property received by the Secured Lenders for application in respect of the Secured Obligations subsequent to the delivery of an Acceleration Notice or the occurrence of an Event of Default specified in Sections 10.1(f) or 10.1(g) and all monies received as a result of a realization upon the Loan Party Guarantee and the Security shall be applied and distributed to the Secured Lenders in the manner set forth below, each such application to be made in the following order with any balance remaining after application in respect of each category to be applied to the next succeeding category:
Application and Sharing of Payments Following Acceleration. Except as otherwise agreed to by all the Lenders in their sole discretion, any sum received by the Agent at any time after delivery of an Acceleration Notice or the occurrence of an Event of Default specified in Sections 10.1(f) or 10.1(g), shall be applied by the Agent among the Lenders and the Agent in accordance with amounts owed to the Lenders and the Agent in respect of each category of amounts set forth below, each such application to be made in the following order with the balance remaining after application in respect of each category to be applied to the next succeeding category:
Application and Sharing of Payments Following Acceleration. Except as otherwise agreed to by all the Lenders in their sole discretion, all monies and Property received by the Lenders (in their capacity as Lenders and, if applicable, Swap Lenders, Cash Management Lenders or Creditcard Lenders) for application in respect of the Secured Obligations or any other Swap Indebtedness subsequent to the delivery of an Acceleration Notice or the occurrence of an Event of Default specified in Sections 10.1(h) or 10.1(i) (including monies received as a result of a realization upon the Security or the exercise of a right of set-off), shall be applied and distributed to the Lenders (in their capacity as Lenders and, if applicable, Swap Lenders, Cash Management Lenders and Creditcard Lenders) in the manner set forth below (but subject at all times to the terms of the Intercreditor Agreements), each such application to be made in the following order with any balance remaining after application in respect of each category to be applied to the next succeeding category:
Application and Sharing of Payments Following Acceleration. Except as otherwise agreed to by all of the Lenders in their sole discretions, any sum received by Administrative Agent subsequent to the Adjustment Time which the Administrative Agent is obliged to apply in or towards satisfaction of sums due from the Borrower hereunder shall be applied by the Administrative Agent rateably among the Lenders and the Administrative Agent in accordance with amounts owed to the Lenders and the Administrative Agent in respect of each category of amounts set forth below, each such application to be made in the following order with the balance remaining after application in respect of each category to be applied to the next succeeding category:
Application and Sharing of Payments Following Acceleration. Except as otherwise agreed to by both of the Lenders in their sole discretion, all monies and property received by the Lenders for application in respect of the Aggregate Obligations subsequent to the Adjustment Time and all monies received as a result of enforcement of the Aggregate Obligations (collectively, the “Enforcement Proceeds”) shall be applied and distributed Rateably to the Lenders on account of the Aggregate Obligations, and the balance of the Enforcement Proceeds (if any) shall be paid to the Borrower or otherwise as may be required by applicable law.
Application and Sharing of Payments Following Acceleration. Except as otherwise agreed to by both of the Lenders in their sole discretion, all monies and property received by the Lenders for application in respect of the Aggregate Obligations subsequent to the Adjustment Time and all monies received as a result of enforcement of the Aggregate Obligations (collectively, the “Enforcement Proceeds”) shall be applied and distributed Rateably to the Lenders on account of the Aggregate Obligations, and the balance of the Enforcement Proceeds (if any) shall be paid to the Borrower or otherwise as may be required by applicable law.
