Credit Actual Receipts. In applying any monies toward satisfaction of the ---------------------- Secured Indebtedness, the Security Agent shall credit each Obligor with only those monies actually received by the Security Agent in cleared funds, and such credit shall date from the time of actual receipt.
Appears in 2 contracts
Samples: Security Agreement (Hawker Pacific Aerospace), Facility Agreement (Hawker Pacific Aerospace)
Credit Actual Receipts. In applying any monies toward satisfaction of the ---------------------- Secured Indebtedness, the Security Agent shall credit each Obligor the Company with only those monies actually received by the Security Agent in cleared funds, and such credit shall date from the time of actual receipt.
Appears in 2 contracts
Samples: Security Agreement (Hawker Pacific Aerospace), Facility Agreement (Hawker Pacific Aerospace)
Credit Actual Receipts. In applying any monies toward satisfaction of the ---------------------- Secured Indebtedness, the Security Agent shall credit each Obligor the Chargor with only those monies actually received by the Security Agent in cleared funds, and such credit shall date from the time of actual receipt.
Appears in 1 contract
Credit Actual Receipts. In applying any monies toward satisfaction of ---------------------- the ---------------------- Secured Indebtedness, the Security Agent shall credit each Obligor the Chargor with only those monies actually received by the Security Agent in cleared funds, and such credit shall date from the time of actual receipt.
Appears in 1 contract
