Common use of Application of Recoveries Clause in Contracts

Application of Recoveries. Except to the extent otherwise provided in Section 8.13 hereof, all payments made and actually received by the Agent in respect of the Loan (from any person or source including, without limitation, proceeds of title insurance policies with respect to any Eligible Project) shall be applied in the following order of priority:

Appears in 3 contracts

Samples: Credit Agreement (CBL & Associates Properties Inc), Credit Agreement (CBL & Associates Properties Inc), Credit Agreement (CBL & Associates Properties Inc)

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Application of Recoveries. Except to the extent otherwise provided in Section 8.13 8.7 hereof, all payments made and actually received by the Agent in respect of the Loan (from any person or source including, without limitation, proceeds of title insurance policies with respect to any Eligible Projectsource) shall be applied in the following order of priority:

Appears in 1 contract

Samples: Loan Agreement (Gametech International Inc)

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