Apportionment and Application. (i) All payments shall be remitted to Lender and all such payments, and all proceeds of Collateral received by Lender, shall be applied as follows:
Appears in 9 contracts
Samples: Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Swank, Inc.), Loan and Security Agreement (Swank, Inc.)
Apportionment and Application. (i) All payments shall be remitted to Lender and all such payments, payments and all proceeds of Collateral received by Lender, shall be applied as follows:
Appears in 2 contracts
Samples: Credit Agreement (Easylink Services Corp), Senior Secured Credit Agreement (Cray Inc)
Apportionment and Application. (i) All Subject to Section 2.4(b)(ii), all payments shall be remitted to Lender and all such payments, and all proceeds of Collateral received by Lender, shall be applied as follows:
Appears in 2 contracts
Samples: Loan and Security Agreement (Overstock Com Inc), Loan and Security Agreement (OVERSTOCK.COM, Inc)