Distributions of Non-Cash Assets. If, by operation of Bankruptcy Law or otherwise, any of the Guarantor Obligations are paid or satisfied (or deemed satisfied) pursuant to this Agreement by the distribution of any non-cash assets, including by the distribution or issuance of Equity Interest, Post-Petition Securities or Indebtedness, such non-cash assets shall be distributed between the Classes of Credit Parties in accordance with Section 6.2(b), 6.2(c), 6.2(d) and 6.2(e), as applicable, subject to Section 6.2(a). The Subordinated Guarantee Agent is hereby authorized by the Guarantors and each Administrative Agent to dispose of or liquidate such non-cash assets in order to pay any outstanding Subordinated Guarantee Agent Fees in accordance with Section 6.2(a).
Appears in 5 contracts
Samples: Loan Agreement (Dex Media, Inc.), Credit Agreement (Dex Media, Inc.), Loan Agreement (Supermedia Inc.)
