Application of Proceeds of Sale or Cash Held as Collateral. The proceeds of sale of Pledged Collateral sold pursuant to this Agreement and/or the cash held as Pledged Collateral hereunder will be applied in accordance with the terms of the Loan Agreement.
Appears in 3 contracts
Samples: Loan and Security Agreement (Hightimes Holding Corp.), Securities Pledge Agreement (American BioCare, Inc.), Securities Pledge Agreement (American BioCare, Inc.)
Application of Proceeds of Sale or Cash Held as Collateral. The proceeds of sale of Pledged Collateral sold pursuant to this Agreement and/or the cash held as Pledged Collateral hereunder will be applied in accordance with the terms of the Loan Purchase Agreement.
Appears in 2 contracts
Samples: Consent Agreement (Hightimes Holding Corp.), Consent Agreement
Application of Proceeds of Sale or Cash Held as Collateral. The proceeds of sale of Pledged Collateral sold pursuant to this Agreement and/or the cash held as Pledged Collateral hereunder will shall be applied in accordance by Pledgee to pay outstanding Loans under the Note, together with the terms of the Loan Agreementaccrued but unpaid interest thereon.
Appears in 1 contract
Samples: Stock Pledge and Guaranty Agreement (Pacificnet Inc)
Application of Proceeds of Sale or Cash Held as Collateral. The proceeds of sale of Pledged Collateral sold pursuant to this Agreement and/or the cash held as Pledged Collateral hereunder will be applied in accordance with the terms of the Loan Agreement.
Appears in 1 contract
Samples: Securities Pledge Agreement (Allezoe Medical Holdings Inc)
