Application of Proceeds of Security. All monies collected by the Collateral Agent upon the enforcement of the Collateral Agent’s or the Secured Parties’ rights and remedies under the Security Documents and the Liens created by them including any sale or other disposition of the Collateral, together with all other monies received by the Collateral Agent and the Secured Parties under the Security Documents, will be applied as provided in the Credit Agreement. To the extent any other Credit Document requires proceeds of collateral under such Credit Document to be applied in accordance with the provisions of this Agreement, the Collateral Agent or holder under such other Credit Document shall apply such proceeds in accordance with this Section.
Application of Proceeds of Security. All monies collected by the Collateral Agent upon the enforcement of the Collateral Agent’s or the Secured Parties’ rights and remedies under the Loan Documents and the Liens created by them including any sale or other disposition of the Charged Property, together with all other monies received by the Collateral Agent and the Secured Parties under the Loan Documents, will be applied as provided in the Credit Agreement.
Application of Proceeds of Security. The Lender holds the Security to secure all of the Obligations and upon the acceleration of Obligations under Section 9.02, shall distribute the proceeds of realization in accordance with Section 9.09.
Application of Proceeds of Security. (1) All monies collected by the Collateral Agent (or to the extent any other Security Document requires proceeds of collateral under such other Security Document to be applied in accordance with the provisions of this Agreement, the collateral agent under such other Security Document) upon any sale or other disposition of Collateral, together with all other moneys received by the Collateral Agent, in each case, as a result of the exercise of remedies by the Collateral Agent after the occurrence and during the continuance of an Event of Default hereunder shall be applied as follows:
Application of Proceeds of Security. Each of the Lenders acknowledges that the Agent holds the Security to secure the Obligations and upon the occurrence of an acceleration of Obligations under Section 12.02, shall distribute the proceeds of realisation in accordance with Section 12.11.
Application of Proceeds of Security. All moneys from time to time received or recovered by the Lender in connection with the realisation or enforcement of all or any part of the Transaction Security shall be applied at such times as the Lender sees fit, to the extent permitted by applicable law, in the following order of priority:
Application of Proceeds of Security. All monies collected by the Security Agent upon the enforcement of the Security Agent’s or the Finance Parties’ rights and remedies under the Security Documents and the Encumbrances created by them including any sale or other disposition of the Collateral, together with all other monies received by the Security Agent and the Finance Parties under the Security Documents, will be applied, following the application thereof to pay any unsatisfied Euro MTN Obligations, as provided in the Intercreditor Deed. To the extent any other Finance Document requires proceeds of collateral under such Finance Document to be applied in accordance with the provisions of this Agreement, the Security Agent or holder under such other Finance Document shall apply such proceeds in accordance with this Section.
Application of Proceeds of Security. All monies collected by the Collateral Agent (or, to the extent any other Loan Document requires proceeds of collateral under such Loan Document to be applied in accordance with the provisions of this security agreement, the Collateral Agent or holder under such other Loan Document) upon the enforcement of the Collateral Agent’s or the Secured Creditors’ rights and remedies under the Security Documents and the Liens created thereby including any sale or other disposition of the Collateral, together with all other monies received by the Collateral Agent and the Secured Creditors under the Security Documents, shall be applied as provided in the Credit Agreement.
Application of Proceeds of Security. All monies collected by the Canadian Agent upon the enforcement of the Canadian Agent’s or the Secured Parties’ rights and remedies under this Agreement and the Liens created hereby, including any sale or other disposition of the Collateral, together with all other monies received by the Canadian Agent and the Secured Parties under this Agreement, will be applied as provided in the Credit Agreement. To the extent any other Loan Document requires proceeds of collateral under such Loan Document to be applied in accordance with the provisions of this Agreement, the Canadian Agent or holder under such other Loan Document shall apply such proceeds in accordance with this Section.
Application of Proceeds of Security. Each of the Lenders acknowledges that the Agent holds the Security to secure all of the Obligations and upon the acceleration of Obligations under Section 12.02, shall distribute the proceeds of realization in accordance with Section 12.11.
