Application of Payments Prior to Event of Default. (a) Prior to the occurrence of an Event of Default of which the account officers of the Administrative Agent active on the Borrowers' account have knowledge, all funds transferred to the Fleet Concentration Account and for which the Borrowers have received credits shall be applied to the Obligations as follows:
Application of Payments Prior to Event of Default. (a) Prior to the occurrence of an Event of Default of which the account officers of the Agent active on the Borrower's account have knowledge, all funds transferred to the BKB Concentration Account and for which the Borrower has received credits shall be applied to the Obligations as follows:
Application of Payments Prior to Event of Default. (a) Prior to the occurrence of an Event of Default of which the account officers of the Agent active on the Borrower's account have knowledge, and except as otherwise provided in Section 2.8.2(b), all funds transferred to the Borrower's Account and for which the Borrower has received credits shall be applied to the Obligations once each calendar week as follows:
Application of Payments Prior to Event of Default. (a) Prior to the occurrence of an Event of Default of which the account officers of the Agent active on the Borrowers' account have knowledge, all funds transferred to the Fleet Concentration Account and for which the Domestic Borrowers have received credits shall be applied to the Obligations as follows:
Application of Payments Prior to Event of Default. Prior to the occurrence of an Event of Default, all principal payments received by Lender with respect to the Revolving Loan shall be applied first to Eurodollar Loans outstanding with Interest Periods ending on the date of such payment, then to the Base Rate Loan, and then to Eurodollar Loans next maturing until such principal payment is fully applied.
Application of Payments Prior to Event of Default. Prior to the occurrence of an Event of Default, all payments hereunder made by or on behalf of the Borrower shall be applied in the following order:
Application of Payments Prior to Event of Default. (a) Prior to the occurrence of an Event of Default of which the account officers of the Agent active on the Borrowers' account have knowledge, all funds transferred to the BKB Concentration Account and for which the Borrowers have received credits shall be applied to the Obligations as follows:
Application of Payments Prior to Event of Default. (a) [Intentionally Omitted].
Application of Payments Prior to Event of Default. (a) Prior to the occurrence of an Event of Default of which the account officers of the Agent active on the Borrower's account have knowledge, and so long as the outstanding amount of all Revolving Credit Loans (which shall not include the Maximum Drawing Amounts of any issued and outstanding Letters of Credit) is less than $75,000,000 at all times and the Excess Availability is greater than $100,000,000 at all times, all funds transferred to the BKB Concentration Account and for which the Borrower or Guarantor, as the case may be, has received credits shall, except as otherwise required by Section 5.2(c), be applied to the Operating Account (in the case of the Borrower) or, as the case 38 30 may be, the operating account of a Guarantor maintained with the Agent (the "Guarantor Operating Account"). In the event the outstanding amount of all Revolving Credit Loans (which shall not include the Maximum Drawing Amounts of any issued and outstanding Letters of Credit) at any time exceeds $75,000,000 or the Excess Availability at any time is less than $100,000,000 (hereinafter being referred to as the "Trigger Event"), all funds transferred to the BKB Concentration Account and for which the Borrower or such Guarantor, as the case may be, has received credits shall, except as otherwise required by Section 5.2(c), be applied to the Obligations as follows:
Application of Payments Prior to Event of Default. Prior to the occurrence of an Event of Default of which the account officers of the Administrative Agent active on the Borrower's account have knowledge and which has not been cured or waived, all funds transferred to the Fleet Concentration Account and for which the Borrower has received credits shall be applied to the Obligations: (a) first, to pay amounts then due and payable under this Credit Agreement, the Notes and the other Loan Documents; and (b) second, except as otherwise required by Section 5.2(b) and (c), to the Operating Account.
