Common use of Application of Amounts Clause in Contracts

Application of Amounts. All amounts withdrawn or transferred from any Account by the Company for application in or towards making a specific payment or meeting a specific liability shall be applied in or towards making that payment or meeting that liability, and for no other purpose.

Appears in 2 contracts

Samples: Common Terms Agreement (Wynn Resorts LTD), Common Terms Agreement (Wynn Resorts LTD)

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Application of Amounts. All amounts withdrawn or transferred from any Account or sub-account by the Company Relevant Obligors for application in or towards making a specific payment or meeting a specific liability shall be applied in or towards making that payment or meeting that liability, and for no other purpose.

Appears in 1 contract

Samples: Senior Facilities Agreement (Melco PBL Entertainment (Macau) LTD)

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Application of Amounts. All The Company shall ensure that all amounts withdrawn or transferred from any Account by the Company for application in or towards making a specific payment or meeting a specific liability shall be applied in or towards making that payment or meeting that liability, and for no other purpose.

Appears in 1 contract

Samples: Common Terms Agreement (Wynn Resorts LTD)

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