Common use of CONCERNING DISTRIBUTIONS BY THE AGENTS Clause in Contracts

CONCERNING DISTRIBUTIONS BY THE AGENTS. (a) The Agents in the Agents' reasonable discretion based upon the Agents' 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 Obligations.

Appears in 3 contracts

Samples: Credit Agreement (BTHC VII Inc), Credit Agreement (Whitehall Jewellers Inc), Credit Agreement (Prentice Capital Management, LP)

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CONCERNING DISTRIBUTIONS BY THE AGENTS. (a) The Agents in the Agents' ’ reasonable discretion based upon the Agents' ’ 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 Obligations.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Whitehall Jewellers Inc), Subordinated Credit Agreement (Whitehall Jewelers Holdings, Inc.)

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