Common use of Application of Proceeds of Security Clause in Contracts

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. All (1) Prior to the joinder of any Additional Secured Creditors pursuant to Section 5.15, all monies collected by the Collateral Agent upon the enforcement of the Collateral Agent’s or the Secured PartiesCreditors’ rights and remedies under the Loan Security Documents and the Liens created by them including any sale or other disposition of the Charged PropertyCollateral, together with all other monies received by the Collateral Agent and the Secured Parties Creditors under the Loan Collateral Documents, will be applied as provided in the Credit AgreementIndenture.

Application of Proceeds of Security. All (1) Prior to the joinder of any Additional Secured Creditors pursuant to Section 5.22, all monies collected by the Collateral Agent upon the enforcement of the Collateral Agent’s or the Secured PartiesCreditors’ rights and remedies under the Loan Security 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 Creditors under the Loan Collateral Documents, will be applied as provided in the Credit AgreementIndenture.

Application of Proceeds of Security. All (1) Prior to the joinder of any Additional Secured Creditors pursuant to Section 5.16, all monies collected by the Collateral Agent upon the enforcement of the Collateral Agent’s or the Secured PartiesCreditors’ rights and remedies under the Loan Security Documents and the Liens created by them including any sale or other disposition of the Charged PropertyCollateral, together with all other monies received by the Collateral Agent and the Secured Parties Creditors under the Loan Collateral Documents, will be applied as provided in the Credit AgreementIndenture.