Common use of Application of Liquidation Proceeds Clause in Contracts

Application of Liquidation Proceeds. All monies received by Agent from the exercise of remedies under this Agreement or the Loan Documents securing or relating to the Notes or the Rate Management Transaction Obligations shall, unless otherwise required by applicable law, be applied as follows:

Appears in 3 contracts

Samples: Credit Agreement (Insperity, Inc.), Credit Agreement (Insperity, Inc.), Credit Agreement (Insperity, Inc.)

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Application of Liquidation Proceeds. All monies received by Agent Lender from the exercise of remedies under this Agreement or the Loan Documents securing or relating to the Notes or the Rate Management Transaction Obligations shall, unless otherwise required by applicable law, be applied as follows:

Appears in 1 contract

Samples: Loan Agreement (Spacehab Inc \Wa\)

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