Common use of Disposal Proceeds Clause in Contracts

Disposal Proceeds. If any Disposal Proceeds are required to be applied in mandatory prepayment of the Senior Facility Liabilities in accordance with the terms of the Facilities Agreement then, subject to Clause 14.4 (Adjustment of Mandatory Prepayments), those Disposal Proceeds shall be applied in or towards Payment of the Senior Facility Liabilities in accordance with the terms of the Facilities Agreement and the consent of any other Party shall not be required for that application.

Disposal Proceeds. If any Disposal Proceeds (in respect of a Non-Distressed Disposal) are required to be applied in mandatory prepayment of any of the Senior Facility Liabilities in accordance with the terms of the Facilities Agreement then, subject to Clause 14.4 (Adjustment of Mandatory Prepayments), those then such Disposal Proceeds shall be applied in or towards Payment of the such Senior Facility Liabilities in accordance with the terms of the Facilities Agreement Senior Facility Finance Documents and the consent of any other Party shall not be required for that application.

Disposal Proceeds. If any Disposal Proceeds are required to be applied in mandatory prepayment of the Senior Facility Liabilities in accordance with the terms of the Facilities Agreement then, subject to Clause 14.4 (Adjustment of Mandatory Prepayments), and/or Bond Liabilities then those Disposal Proceeds shall be applied in or towards Payment of the Senior Facility Liabilities and/or Bond Liabilities in accordance with the terms of the Senior Facilities Agreement Agreement, and/or Bond Terms (as applicable) and the consent of any other Party shall not be required for that application.

Disposal Proceeds. If any Disposal Proceeds are required to be applied in mandatory prepayment of the Senior Facility Facilities Liabilities in accordance with the terms of the Facilities Agreement then, subject to Clause 14.4 13.6 (Adjustment of Mandatory Prepayments), those Disposal Proceeds shall be applied in or towards Payment of the Senior Facility Facilities Liabilities requiring that application and shall be applied in accordance with the terms of the Facilities Agreement Finance Documents (and the consent of any other Party shall not be required for that application).

Disposal Proceeds. If any Disposal Proceeds are required to be applied in mandatory prepayment of the Super Senior Facility Liabilities in accordance with or the terms of the Facilities Agreement then, subject to Clause 14.4 (Adjustment of Mandatory Prepayments), Senior Secured Liabilities then those Disposal Proceeds shall be applied in or towards Payment of the Senior Facility Liabilities in accordance with the terms of the Facilities Agreement Debt Documents and the consent of any other Party shall not be required for that application.