Application of Proceeds; Excess Monies. The proceeds of any sale made under or by virtue of this Article, whether made under the power of sale herein granted or under or by virtue of judicial proceedings or of a judgment or decree of foreclosure and sale, together with any other sums which may then be held by the Mortgagee pursuant to this Mortgage, whether under the provisions of this Article or otherwise, shall be applied as set forth in the Credit Agreement.
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Samples: Oneida LTD, Oneida LTD, Oneida LTD
Application of Proceeds; Excess Monies. The proceeds of any sale made under or by virtue of this Article, whether made under the power of sale herein granted or under or by virtue of judicial proceedings or of a judgment or decree of foreclosure and sale, together with any other sums which may then be held by the Mortgagee pursuant to this Mortgage, whether under the provisions of this Article or otherwise, shall be applied as set forth in the Credit Agreement.follows:
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Samples: Security and Pledge Agreement (Guilford Mills Inc), Guaranty and Pledge Agreement (Guilford Mills Inc)
Application of Proceeds; Excess Monies. The proceeds of any sale made under or by virtue of this Article, whether made under the power of sale herein granted or under or by virtue of judicial proceedings or of a judgment or decree of foreclosure and sale, together with any other sums which may then be held by the Trustee or Mortgagee pursuant to this Mortgage, whether under the provisions of this Article or otherwise, shall be applied in accordance with Applicable Law, and to the extent not inconsistent, as set forth in the Credit Agreement.follows:
Appears in 1 contract
Samples: Master Lease Agreement (Ventas Inc)
Application of Proceeds; Excess Monies. The proceeds of any sale made under or by virtue of this Article, whether made under the power of sale herein granted or under or by virtue of judicial proceedings or of a judgment or decree of foreclosure and sale, together with any other sums which may then be held by the Mortgagee Beneficiary pursuant to this MortgageDeed of Trust, whether under the provisions of this Article or otherwise, shall be applied as set forth in the Credit Agreement.follows:
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