Common use of Asset Sales Proceeds Accounts Clause in Contracts

Asset Sales Proceeds Accounts. None of Holdings, the Specified U.S. Borrower or any Subsidiary shall deposit any funds or credit any amounts into any “Asset Sales Proceeds Account” (as defined in the Intercreditor Agreement), other than proceeds of Noteholder Priority Collateral.

Appears in 1 contract

Samples: Credit Agreement (Ply Gem Holdings Inc)

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Asset Sales Proceeds Accounts. None of Holdings, the Specified U.S. Borrower or any Subsidiary shall deposit any funds or credit any amounts into any “Asset Sales Proceeds Account” (as defined in the Intercreditor Agreement), other than proceeds of Noteholder Term Loan Priority Collateral.

Appears in 1 contract

Samples: Credit Agreement (Ply Gem Holdings Inc)

Asset Sales Proceeds Accounts. None of Holdings, the Specified U.S. Borrower or any Subsidiary of its Subsidiaries shall deposit any funds or credit any amounts into any “Asset Sales Proceeds Account” (as defined in the Intercreditor Agreement), other than proceeds of Noteholder Priority Collateral.

Appears in 1 contract

Samples: Credit Agreement (Ply Gem Holdings Inc)

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Asset Sales Proceeds Accounts. None of Holdings, Neither the Specified U.S. Borrower or nor any Subsidiary of its Subsidiaries shall deposit any funds or credit any amounts into any “Asset Sales Proceeds Account” (as defined in the Intercreditor Agreement), other than proceeds of Noteholder Priority Collateral.

Appears in 1 contract

Samples: Credit Agreement (Broan-NuTone LLC)

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