Application of Amounts Received. Any amounts received by Landlord from whatsoever source on account of any Liabilities may be applied by Landlord toward the payment of such Liabilities, and in such order of application, as Landlord may from time to time elect.
Application of Amounts Received. The proceeds of or any other amount from time to time received by the Agent or the Receiver will be applied as follows: first, to the payment in full of all reasonable fees of the Agent and all out-of-pocket costs, fees and expenses (including, without limitation, reasonable legal fees on a solicitor and his own client full indemnity basis) incurred by the Agent and any Receiver or other enforcement agent appointed by the Agent or a court of competent jurisdiction, as the case may be, in connection with the collection or enforcement of the Principal Sum owed to the Lenders, the enforcement of the Security Interest or the preservation of the Collateral; second, in payment to the Agent of the Principal Sum and other amounts payable hereunder; and third, the balance, if any, will be paid, subject to applicable Law, to the Debtor.
Application of Amounts Received. Subject to applicable law, Purchaser reserves the right to apply any amounts received from Seller to any fees or other charges due to Purchaser from Seller prior to applying such amounts to reduce the undelivered balance of Purchased Amount.
Application of Amounts Received. Any amounts received by Lender from whatever source on account of the Secured Obligations may be applied by Lender toward the payment of the Guaranteed Obligations, and in such order of application, as Lender may from time to time elect, in accordance with the provisions of the Loan Documents. Notwithstanding the foregoing, any amounts received by Lender from whatever source on account of the Guaranteed Obligations shall be applied by Lender toward the payment of the Guaranteed Obligations (provided that in no event shall lender’s receipt and application of NOI or Unit Release Payments be considered received on account of or applied to the Guaranteed Obligations), and in such order of application, as Lender may from time to time elect, in accordance with the provisions of the Loan Documents.
Application of Amounts Received. The proceeds of or any other amount from time to time received by the Holder or the Receiver will be applied as follows: first, to the payment in full of all reasonable fees of the Holder and all out-of-pocket costs, fees and expenses (including, without limitation, reasonable legal fees on a solicitor and his own client substantial indemnity basis) incurred by the Holder and any Receiver or other enforcement agent appointed by the Holder or a court of competent jurisdiction, as the case may be, in connection with the collection or enforcement of the Principal Sum owed to the Holder, the enforcement of the Security Interest or the preservation of the Collateral; second, in payment to the Holder of the Principal Sum and other amounts payable hereunder; and third, the balance, if any, will be paid, subject to applicable law, to the Debtor.
Application of Amounts Received. Any amounts received by Estate from whatsoever source on account of any Indebtedness may be applied by Estate to the payment of such Indebtedness, and in such order or application, as Estate may from time to time elect. Notwithstanding any payments made by or for the account of Guarantor on account of the Indebtedness, such Guarantor shall not be subrogated to any rights of Estate until such time as Estate shall have received payment of the full amount of all Indebtedness and the Obligations shall have been performed to Estate's satisfaction.
Application of Amounts Received. Any amounts received by Administrative Agent or any Lender from any source on account of the Facility Loans may be utilized by Administrative Agent for the payment of the Program Debt in such order as Administrative Agent may from time to time elect, subject to the terms of the Facility Loan Documents. Additionally, if the Guaranteed Obligations are less than the full amount of the Program Debt, all rents, proceeds and avails of the Property (as applicable), and all proceeds of realization of the Collateral, shall be deemed applied to the Program Debt that is not guaranteed by Guarantor until such unguaranteed Program Debt has been fully repaid before being applied to the Guaranteed Obligations.
Application of Amounts Received. The Debtor and RBC agree that the proceeds arising from any enforcement of this Agreement (whether by RBC or any receiver-manager) or any other security documentation that may, from time to time, be granted to RBC pursuant to the Loan Documents, will be applied in the following order:
Application of Amounts Received. In the event that any Note shall have been declared due and payable pursuant to the provisions of this Section 10.02, the Banks and the Borrower agree that any funds received from or on behalf of the Borrower by the Administrative Agent or any of the Banks (whether as proceeds of, or realization on, Collateral or otherwise) shall be remitted to the Administrative Agent, and shall be applied by the Administrative Agent in payment of the costs, expenses and Indebtedness in the following manner and order: (i) first, to reimburse the Administrative Agent and the Banks for any Loan Fees, expenses and costs which the Borrower is obligated to pay as set forth in Article XI and which have not been reimbursed at the time application of funds is to be made; (ii) second, to the payment pro rata based on the Applicable Percentage, according to the aggregate unpaid principal balance of each Bank's share of all Loans, of interest then due on such Loans; (iii) third, to the payment pro rata based on the Applicable Percentage according to the aggregate unpaid principal balance of each Bank's share of all Loans of the principal amount of each Bank's share of Advances until the principal amount of the Loans shall have been repaid in full; (iv) fourth, to the payment pro rata based on the Applicable Percentage of all other amounts due to the Banks hereunder and under the Loan Documents (including any prepayment penalties then due); and (v) fifth, any remaining funds shall be returned to the Person legally entitled thereto after satisfaction of all of the Borrower's Obligations hereunder.
Application of Amounts Received. Any amounts received by Purchaser from whatsoever source on account of any Liabilities may be applied by Purchaser toward the payment of such Liabilities, and in such order of application, as Purchaser may from time to time elect.
