DISTRIBUTE OF THE Sample Clauses

DISTRIBUTE OF THE. PROCEEDS AMONG THE CREDITORS Subject to Clause 14, the Facility Agent or Security Agent (as the case may be) shall, as soon as practicable, distribute the proceeds which is the part of each Creditor to each Creditor in accordance with the Proportion of Debt in the principal, interest, fee and other types of money actually received by the Facility Agent or Security Agent (as the case may be) from the Borrower on behalf of the Creditors in accordance with such part of Facility in which such Creditor has some stake in. If such money is not sufficient to be distributed among the Creditors, each Creditor will receive such part of money in accordance with its Proportion of Debt.
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Related to DISTRIBUTE OF THE

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