Common use of Application of Moneys in Collateral Account Clause in Contracts

Application of Moneys in Collateral Account. Subject to Section 4(e) and the Intercreditor Agreement, all moneys or other property held by the Collateral Agent in the Collateral Account shall, to the extent available for distribution, be distributed (or deposited in a separate account for the benefit of the Senior Indenture Trustee and the Additional Authorized Representative pursuant to Section 4(e)) by the Collateral Agent as follows:

Appears in 4 contracts

Samples: Collateral Agency Agreement (Century Aluminum Co), Collateral Agency Agreement (Century Aluminum Co), Collateral Agency Agreement (Century Aluminum Co)

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Application of Moneys in Collateral Account. Subject to Section 4(e) and the Intercreditor Agreement), all moneys or other property held by the Collateral Agent Trustee in the Collateral Account shall, to the extent available for distribution, be distributed (or deposited in a separate account for the benefit of the Senior Indenture Credit Agreement Administrative Agent, the Trustee and the any Additional Authorized Representative pursuant to Section 4(e)) by the Collateral Agent Trustee as follows:

Appears in 1 contract

Samples: Collateral Trust Agreement (Lindblad Expeditions Holdings, Inc.)

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Application of Moneys in Collateral Account. Subject to Section 4(e) and the ABL Intercreditor Agreement, all moneys or other property held by the Collateral Agent in the Collateral Account shall, to the extent available for distribution, be distributed (or deposited in a separate account for the benefit of the Senior Indenture Trustee and the Additional Authorized Representative pursuant to Section 4(e)) by the Collateral Agent as follows:

Appears in 1 contract

Samples: Collateral Agency Agreement (Molycorp, Inc.)

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