CONCERNING DISTRIBUTIONS BY THE AGENTS. (a) Each Agent, in that Agent’s reasonable discretion based upon that Agent’s determination of the likelihood that additional payments will be received, expenses incurred, and/or claims made by third parties to all or a portion of such proceeds, may delay the distribution of any payment received on account of the Liabilities.
Appears in 7 contracts
Samples: Term Loan and Security Agreement (Destination Xl Group, Inc.), Revolving Credit Note (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc)
CONCERNING DISTRIBUTIONS BY THE AGENTS. (a) Each Agent, in that Agent’s 's reasonable discretion based upon that Agent’s 's determination of the likelihood that additional payments will be received, expenses incurred, and/or claims made by third parties to all or a portion of such proceeds, may delay the distribution of any payment received on account of the Liabilities.
Appears in 3 contracts
Samples: Loan and Security Agreement (Gymboree Corp), Loan and Security Agreement (Baker J Inc), Loan and Security Agreement (Designs Inc)
CONCERNING DISTRIBUTIONS BY THE AGENTS. (ai) Each Agent, in that Agent’s 's reasonable discretion based upon that Agent’s 's determination of the likelihood that additional payments will be received, expenses incurred, and/or claims made by third parties to all or a portion of such proceeds, may delay the distribution of any payment received on account of the Liabilities.
Appears in 1 contract
Samples: Loan Agreement (Natural Wonders Inc)
CONCERNING DISTRIBUTIONS BY THE AGENTS. (a) Each Agent, in that such Agent’s 's reasonable discretion based upon that such Agent’s 's determination of the likelihood that additional payments will be received, expenses incurred, and/or claims made by third parties to all or a portion of such proceeds, may delay the distribution of any payment received on account of the Liabilities.
Appears in 1 contract
Samples: Jacobson Stores Inc
