Common use of Application of insufficient funds Clause in Contracts

Application of insufficient funds. Funds in the Escrow Account shall be applied in the serial order of priority set forth in Clauses 4.1 and 4.2, as the case may be. If the funds available are not sufficient to meet all the requirements, the Escrow Bank shall apply such funds in the serial order of priority until exhaustion thereof.

Application of insufficient funds. Funds in the Escrow Account shall be applied in the serial order of priority set forth in Clauses 4.1 and 4.2, as the case may be. If the funds available are not sufficient to meet all the requirements, the Escrow Bank shall apply such funds in the serial order of priority until exhaustion thereof.Clauses

Application of insufficient funds. Funds in the Escrow Account shall be applied in the serial order of priority set forth in Clauses 4.1 and 4.2, as the case may be4.1. If the funds available are not sufficient to meet all the requirements, the Escrow Bank shall apply such funds in the serial order of priority until exhaustion thereof.

Application of insufficient funds. Funds in the Escrow Account Accounts shall be applied in the serial order of priority set forth in Clauses 4.1 and 4.1, 4.2, and 4.5 as the case may be. If the funds available are not sufficient to meet all the requirements, the Escrow Bank shall apply such funds in the serial order of priority until the complete exhaustion thereof.

Application of insufficient funds. i. Funds in the Escrow Account shall be applied in the serial order of priority set forth in Clauses 4.1 and 4.2, as the case may be. If the funds available are not sufficient to meet all the requirements, the Escrow Bank shall apply such funds in the serial order of priority until exhaustion thereof.

Application of insufficient funds. Funds As provided in Clause 3.3, the application of funds in the Escrow Account shall be applied in the serial order of priority set forth in Clauses 4.1 and 4.2, as the case may betherein. If the funds available for payment to the Sub-Accounts are not sufficient to meet all pay a portion, but not all, of the requirementsamount required to be paid to any Sub-Account, the Escrow Bank Agent shall apply such funds in the serial order of priority set forth in Clause 3.3, until exhaustion thereof.