Common use of Distributions on Account of Dex West’s Guarantor Obligations Clause in Contracts

Distributions on Account of Dex West’s Guarantor Obligations. Subject to Section 6.2(a), on any Distribution Date any moneys in the Guarantee Collection Account received in satisfaction of or on account of Dex West’s Guarantor Obligations (including pursuant to Section 9.12(b)) shall be distributed by the Subordinated Guarantee Agent to (x) the Dex East Credit Parties in an amount equal to the unpaid Dex East Borrower Obligations as of such Distribution Date, (y) the RHDI Credit Parties in an amount equal to the unpaid RHDI Borrower Obligations as of such Distribution Date and (z) the SuperMedia Credit Parties in an amount equal to the unpaid SuperMedia Borrower Obligations as of such Distribution Date; provided, that if such moneys shall be insufficient to pay such amounts in full then 19% of such moneys shall be distributed to the Dex East Credit Parties, 28% of such moneys shall be distributed to the RHDI Credit Parties and 53% of such moneys shall be distributed to the Supermedia Credit Parties; provided, further, that to the extent:

Appears in 5 contracts

Samples: Credit Agreement (Dex Media, Inc.), Loan Agreement (Dex Media, Inc.), Credit Agreement (Dex Media, Inc.)

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