Common use of Application of Proceeds of Collateral Clause in Contracts

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 6 contracts

Samples: Indenture (U.S. Shipping Partners L.P.), Indenture (Oscient Pharmaceuticals Corp), Indenture (Texas Unwired)

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Application of Proceeds of Collateral. Upon any realization upon the CollateralCollateral by the Collateral Agent, the proceeds thereof shall be applied in accordance with the terms of the Collateral Security Documents and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 3 contracts

Samples: Indenture (Electroglas Inc), Securities Purchase Agreement (Rockford Corp), Indenture (Rockford Corp)

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 2 contracts

Samples: Indenture (Neenah Foundry Co), Indenture (Neenah Foundry Co)

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents Intercreditor Agreement and the terms hereof, subject to the terms of the Intercreditor AgreementSecurity Documents.

Appears in 2 contracts

Samples: Indenture (Time Warner Telecom Inc), Indenture (Haights Cross Operating Co)

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Security Documents and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 1 contract

Samples: First Supplemental Indenture (Aaipharma Inc)

Application of Proceeds of Collateral. Upon any realization upon the CollateralCollateral by the Collateral Agent, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents Intercreditor Agreement and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 1 contract

Samples: Indenture (American Color Graphics Inc)

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Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents and the terms hereofapplied, subject to the terms of the Intercreditor Agreement, in accordance with the Security Documents and Section 6.10(a).

Appears in 1 contract

Samples: Indenture (Hexacomb CORP)

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents Security Agreement, the Intercreditor Agreement and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 1 contract

Samples: Indenture (RPP Capital Corp)

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents and the terms hereofapplied, subject to the terms of the Intercreditor Agreement, in accordance with the Collateral Documents and Section 6.08.

Appears in 1 contract

Samples: Indenture (E Trade Financial Corp)

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