Disposal Proceeds. If any Disposal Proceeds are required to be applied in mandatory prepayment of the RCF Liabilities or the Pari Passu Liabilities, then those Disposal Proceeds shall be applied in accordance with the Debt Documents and the consent of any other Party shall not be required for that application.
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Samples: Intercreditor Agreement
Disposal Proceeds. If Notwithstanding anything contained herein to the contrary, if any Disposal Proceeds are required to be applied in mandatory prepayment of the RCF Credit Facility Liabilities or the Pari Passu Liabilities, Debt Liabilities then those Disposal Proceeds shall be applied in accordance with the relevant Debt Documents and the consent of any other Party shall not be required for that application.
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Disposal Proceeds. If Notwithstanding anything contained herein to the contrary, if any Disposal Proceeds are required to be applied in mandatory prepayment of the RCF Credit Facility Liabilities or the Pari Passu Liabilities, Senior Secured Note Liabilities then those Disposal Proceeds shall be applied in accordance with the relevant Debt Documents and the consent of any other Party shall not be required for that application.
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Disposal Proceeds. If any Disposal Proceeds are required to be applied in mandatory prepayment of the RCF Credit Facility Liabilities or the Pari Passu Liabilities, Debt Liabilities then those Disposal Proceeds shall be applied in accordance with the Debt Documents and the consent of any other Party shall not be required for that application.
Appears in 1 contract
Samples: Intercreditor Agreement
Disposal Proceeds. If any Disposal Proceeds are required to be applied in mandatory prepayment of the RCF Credit Facility Liabilities or the Pari Passu Debt Liabilities, or required to be deposited into a segregated bank account under the Debt Documents, then those Disposal Proceeds shall be applied or deposited in accordance with the Debt Documents and the consent of any other Party shall not be required for that application.
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