Common use of Application of Payments on Guaranty Clause in Contracts

Application of Payments on Guaranty. All payments required to be made by the Guarantor hereunder shall, unless otherwise expressly provided herein, be made to the Agent for the account of the Banks at the Agent's Payment Office. The Agent will promptly distribute to each Bank its Pro Rata Share (or other applicable share as expressly provided herein) of such payment in like funds as received. Payments received from the Guarantor shall, unless otherwise expressly provided herein, be applied to costs, fees, or other expenses due under the Loan Documents, any interest (including interest due under subsection 2.10(c) of the Credit Agreement, any principal due under the Loan Documents and any other Obligations, in such order as the Agent,

Application of Payments on Guaranty. All payments required to be made by the Guarantor hereunder shall, unless otherwise expressly provided herein, be made to the Agent for the account of the Banks at the Agent's Payment Office. The Agent will promptly distribute to each Bank its Pro Rata Share (or other applicable share as expressly provided herein) of such payment in like funds as received. Payments received from the Guarantor shall, unless otherwise expressly provided herein, be applied to costs, fees, or other expenses due under the Loan Documents, any interest (including interest due under subsection 2.10(c) of the Credit Agreement, any principal due under the Loan Documents and any other Obligations, in such order as the Agent,, with the consent of or at the request of the Majority Banks, shall determine.

Application of Payments on Guaranty. All payments required to be made by the Guarantor Guarantors hereunder shall, unless otherwise expressly provided herein, be made to the Administrative Agent for the account of the Banks Lenders at the Administrative Agent's Payment Office. The Administrative Agent will promptly distribute to each Bank Lender its Pro Rata Share (or other applicable share as expressly provided herein) of such payment in like funds as received. Payments received from the Guarantor Guarantors shall, unless otherwise expressly provided herein, be applied to costs, fees, or other expenses due under the Loan Documents, any interest (including interest due under [subsection 2.10(c) 2.09(c)] of the Credit Agreement), any principal due under the Loan Documents and any other Guaranteed Obligations, in such order as the Administrative Agent,, with the consent of or at the request of the Lenders, shall determine.

Application of Payments on Guaranty. All payments required to be made by the Guarantor Guarantors hereunder shall, unless otherwise expressly provided herein, be made to the Agent for the account of the Banks Lenders at the Agent's Payment Office. The Agent will promptly distribute to each Bank Lender its Pro Rata Share (or other applicable share as expressly provided herein) of such payment in like funds as received. Payments received from the Guarantor Guarantors shall, unless otherwise expressly provided herein, be applied to costs, fees, or other expenses due under the Loan Documents, any interest (including interest due under subsection 2.10(c) 2.07 of the Credit Agreement, any principal due under the Loan Documents and any other Guaranteed Obligations, in such order as the Agent,, with the consent of or at the request of the Lenders, shall determine.

Application of Payments on Guaranty. All payments required to be made by the Guarantor guarantor hereunder shall, unless otherwise expressly provided herein, be made to the Agent for the account of the Banks at the Agent's Payment Office. The Agent will promptly distribute to each Bank its Pro Rata Share (or other applicable share as expressly provided herein) of such payment in like funds as received. Payments received from the Guarantor shall, unless otherwise expressly provided herein, be applied to costs, fees, or other expenses due under the Loan Documents, any interest (including interest due under subsection 2.10(c) of the Credit Agreement, any principal due under the Loan Documents and any other Obligations, in such order as the Agent,, with the consent of or at the request of the Majority Banks, shall determine.