Common use of Application of Proceeds of Sale and Other Moneys Clause in Contracts

Application of Proceeds of Sale and Other Moneys. The proceeds of any sale of the Trust Premises or any part thereof or any interest therein under or by virtue of this Deed of Trust, whether pursuant to power of sale, foreclosure or otherwise, and all other moneys at any time held by the Beneficiary as part of the Trust Premises, shall be applied as provided in Section 8.6 of the Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Applied Medical Corp), Credit Agreement (Applied Medical Corp)

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Application of Proceeds of Sale and Other Moneys. The Except as otherwise provided in the Indenture or in this Deed of Trust, the proceeds of any sale of the Trust Premises or any part thereof or any interest therein under or by virtue of this Deed of Trust, whether pursuant to power of sale, foreclosure or otherwise, and all other moneys at any time held by the Beneficiary as part of the Trust Premises, shall be applied as provided in accordance with Section 8.6 6.10 of the Credit AgreementIndenture.

Appears in 1 contract

Samples: Deed of Trust (Sterling Chemicals Inc)

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