Distribution of Proceeds of Collateral. All proceeds of any realization on the collateral pursuant to the Security Documents and any payments received by the Agent or any Lender subsequent to and during the continuance of any Event of Default, shall be allocated and distributed by the Agent as follows:
Appears in 6 contracts
Samples: Credit Agreement (BMG North America LTD), Credit Agreement (BMG North America LTD), Security Agreement (BMG North America LTD)
Distribution of Proceeds of Collateral. All proceeds of any realization on the collateral pursuant to the Security Documents and any payments received by the Agent or any Lender pursuant to the Guaranties subsequent to and during the continuance of any Event of Default, shall be allocated and distributed by the Agent as follows:
Appears in 4 contracts
Samples: Credit Agreement (Key Plastics Inc), Credit Agreement (MSX International Inc), Credit Agreement (MSX International Business Services Inc)
Distribution of Proceeds of Collateral. All proceeds of any realization on the collateral pursuant to the Security Documents and any payments received by the Agent or any Lender subsequent pursuant to the Guaranties after the Loans become due and during the continuance of any Event of Defaultpayable (whether by acceleration or otherwise), shall be allocated and distributed by the Agent as follows:
Appears in 3 contracts
Samples: Credit Agreement (Standard Parking Corp), Credit Agreement (Ap Holdings Inc), Credit Agreement (Apcoa Standard Parking Inc /De/)
Distribution of Proceeds of Collateral. All proceeds of any realization on received by the collateral Agent pursuant to the Security Documents and for application to the Bank Obligations or any payments on any of the liabilities secured by the Security Documents received by the Agent or any Lender subsequent to Bank upon and during the continuance of any Event of Default, Default shall be allocated and distributed by the Agent as follows:
Appears in 2 contracts
Samples: Loan Agreement (Jabil Circuit Inc), Loan Agreement (Jabil Circuit Inc)
Distribution of Proceeds of Collateral. All proceeds of any realization on the collateral pursuant to the Security Documents and any payments received by the either Agent or any Lender pursuant to the Guaranties subsequent to and during the continuance of any Event of Default, shall be allocated and distributed by the Administrative Agent as follows:
Appears in 1 contract
Samples: Guaranty Agreement (Iae Inc)
Distribution of Proceeds of Collateral. All proceeds of any realization on the collateral pursuant to the Security Documents and any payments received by the Agent or any Lender subsequent to and during the continuance of any Event of Default, shall be allocated and distributed by the Agent as follows:
Appears in 1 contract
Samples: Credit Agreement (Celadon Group Inc)
