Common use of Application of Collateral Clause in Contracts

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Pledged Collateral pledged by the Pledgors shall be applied by the Secured Party as set forth in Section 7.06 of the Credit Agreement.

Appears in 11 contracts

Samples: Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Isramco Inc), Security Agreement (Holly Energy Partners Lp)

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Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Pledged Collateral pledged by the Pledgors any Grantor shall be applied by the Secured Party as set forth in Section 7.06 of the Credit Agreement.

Appears in 7 contracts

Samples: Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Isramco Inc), Security Agreement (Holly Energy Partners Lp)

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Pledged Collateral pledged by the Pledgors shall be applied by the Secured Party as in the order set forth in in, and subject to the terms of, Section 7.06 of the Credit Agreement.

Appears in 4 contracts

Samples: Credit Agreement (Mariner Energy Inc), Credit Agreement (Mariner Energy Resources, Inc.), Credit Agreement (Mariner Energy Resources, Inc.)

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Pledged Collateral pledged by the Pledgors Pledgor shall be applied by the Secured Party as set forth in Section 7.06 of the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Brigham Exploration Co), Credit Agreement (Brigham Exploration Co)

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Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Pledged Collateral pledged by the Pledgors Pledgor shall be applied by the Secured Party as set forth in Section 7.06 of the Subordinated Credit Agreement.

Appears in 1 contract

Samples: Subordinated Credit Agreement (Brigham Exploration Co)

Application of Collateral. The proceeds of any sale, or other realization (other than that received from a sale or other realization permitted by the Credit Agreement) upon all or any part of the Pledged Collateral pledged by the Pledgors each Pledgor shall be applied by the Secured Party as set forth in Section 7.06 2.13(c) of the Credit Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Cinedigm Corp.)

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