Common use of Application of Certain Other Payments Clause in Contracts

Application of Certain Other Payments. Any payments received by Indenture Trustee or any Secured Party for which provision as to the application thereof is made in this Agreement or any other Operative Document shall be applied forthwith to the purpose for which such payment was made in accordance with the terms of this Agreement, or such other Operative Document.

Appears in 3 contracts

Samples: Participation Agreement (Universal Compression Inc), Participation Agreement (Universal Compression Holdings Inc), Participation Agreement (BRL Universal Equipment Corp)

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Application of Certain Other Payments. Any payments ----------------------------------------- received by Indenture Trustee or any Secured Party for which provision as to the application thereof is made in this Agreement or any other Operative Document shall be applied forthwith to the purpose for which such payment was made in accordance with the terms of this Agreement, or such other Operative Document.

Appears in 1 contract

Samples: Participation Agreement (BRL Universal Equipment Corp)

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