Common use of Distribution of Payments Clause in Contracts

Distribution of Payments. Whenever any payment is received by the Administrative Agent from the Borrower or any other Security Party for the account of the Creditors, or any of them, whether of principal or interest on the Note, commissions, fee under Section 13.1 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, like funds relating to such payment to the Creditors according to their respective interest therein, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative any Agent from the Borrower or any other Security Party for the account of the CreditorsLenders, or any of them, whether of principal or interest on the Note, commissions, fee fees under Section 13.1 13 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, like funds relating to such payment ratably to the Creditors Lenders according to their respective interest thereinCommitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from the Borrower or any other Security Party for the account of the CreditorsLenders, or any of them, whether of principal or interest on the NoteNotes, commissions, fee fees under Sections 13.1 or 13.2 and expenses under Section 13.1 13.4, or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, like funds relating to such payment ratably to the Creditors Lenders according to their respective interest thereinCommitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Facility Agent from the Borrower or any other Security Party for the account of the Creditors, or any of them, whether of principal or interest on the Note, commissions, fee fees under Section 13.1 13 or otherwise, it will shall thereafter cause to be distributed on the same day Banking Day if received before 11 9:30 a.m. New York time, or on the next day Banking Day if received thereafter, like funds relating to such payment ratably to the Creditors according to their respective interest thereinCommitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from the Borrower or any other Security Party for the account of the CreditorsLenders, or any of them, whether of principal or interest on the NoteNotes, commissions, fee fees under Sections 13.1 or 13.2and expenses under Section 13.1 13.4, or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, like funds relating to such payment to the Creditors according to their respective interest therein, in each case to be applied according to the terms of this Agreement.like

Distribution of Payments. Whenever any payment is received by the Administrative Facility Agent from the Borrower or any other Security Party for the account of the Creditors, or any of them, whether of principal or interest on the Note, commissions, fee under Section 13.1 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, like funds relating to such payment to the Creditors according to their respective interest therein, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from the Borrower or any other Security Party for the account of the CreditorsLenders, or any of them, whether of principal or interest on the Note, commissions, fee fees under Section 13.1 13 or otherwise, it will shall thereafter cause to be distributed on the same day Banking Day if received before 11 a.m. New York time, or on the next day Banking Day if received thereafter, like funds relating to such payment ratably to the Creditors Lenders according to their respective interest thereinCommitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from the Borrower or any other Security Party for the account of the CreditorsLenders, or any of them, whether of principal or interest on the Note, commissions, fee under Section 13.1 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, like funds relating to such payment ratably to the Creditors Lenders according to their respective interest thereinCommitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent or the Security Trustee from the Borrower or any other Security Party for the account of the CreditorsLenders, or any of them, whether of principal or interest on the Note, commissions, fee fees under Section 13.1 14 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, like funds relating to such payment ratably to the Creditors Lenders according to their respective interest thereinCommitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from the Borrower or any other Security Party Borrowers for the account of the CreditorsLenders, or any of them, whether of principal or interest on the NoteNotes, commissions, fee fees under Section Clauses 13.1 and 13.5, or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, like funds relating to such payment ratably to the Creditors Lenders according to their respective interest thereinCommitments , in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from the Borrower Borrowers or any other Security Party for the account of the CreditorsLenders, or any of them, whether of principal or interest on the NoteNotes, commissions, fee fees under Section 13.1 13 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. 3 p.m. New York time, or on the next day if received thereafter, like funds relating to such payment ratably to the Creditors Lenders according to their respective interest thereinCommitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Facility Agent from the Borrower Borrowers or any other Security Party for the account of the CreditorsLenders, or any of them, whether of principal or interest on the Note, commissions, fee fees under Section 13.1 13 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. 3 p.m. New York time, or on the next day if received thereafter, like funds relating to such payment ratably to the Creditors Lenders according to their respective interest thereinCommitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from the Borrower or any other Security Party for the account of the CreditorsLenders, or any of them, whether of principal or interest on the Note, commissions, fee fees under Section 13.1 13 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. 3 p.m. New York time, or on the next day if received thereafter, like funds relating to such payment ratably to the Creditors Lenders according to their respective interest thereinCommitments, in each case to be applied according to the terms of this Loan Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from the Borrower Borrowers or any other Security Party for the account of the CreditorsLenders, or any of them, whether of principal or interest on the Note, commissions, fee fees under Section 13.1 13 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. 3 p.m. New York time, or on the next day if received thereafter, like funds relating to such payment ratably to the Creditors Lenders according to their respective interest thereinCommitments, in each case to be applied according to the terms of this Credit Facility Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative any Agent from the Borrower or any other Security Party for the account of the CreditorsBanks, or any of them, whether of principal or interest on the Reimbursement Obligations or the Note, commissions, fee fees under Section 13.1 14 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, like funds relating to such payment ratably to the Creditors Banks according to their respective interest thereinCommitments, in each case to be applied according to the terms of this Agreement.