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

Distributions on Account of SuperMedia’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 SuperMedia’s Guarantor Obligations (including pursuant to Section 9.12(b)) shall be distributed by the Subordinated Guarantee Agent to (x) Dex East Credit Parties in an amount equal to the unpaid Dex East Borrower Obligations as of such Distribution Date, (y) the Dex West Credit Parties in an amount equal to the unpaid Dex West Borrower Obligations as of such Distribution Date and (z) the RHDI Credit Parties in an amount equal to the unpaid RHDI Borrower Obligations as of such Distribution Date; provided, that if such moneys shall be insufficient to pay such amounts in full then 28% of such moneys shall be distributed to the Dex East Lender Parties, 32% of such moneys shall be distributed to the Dex West Lender Parties and 40% of such moneys shall be distributed to the RHDI Lender Parties; provided, further, that to the extent:

Appears in 5 contracts

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

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