Enforcement; Application of Payments. Upon the occurrence and during the continuance of a Default, the Administrative Agent may proceed directly and at once, without notice, against any one or more of the Guarantors to obtain performance of and to collect and recover the full amount, or any portion, of the Obligations then due, without first proceeding against the Borrower, any other Guarantor or any other Person, or against any security or collateral for the Obligations. Subject only to the terms and provisions of the Credit Agreement, the Administrative Agent shall have the exclusive right to determine the application of payments and credits, if any, from the Guarantors, the Borrower or from any other Person on account of the Obligations or any other liability of the Guarantors to any Lender.
Enforcement; Application of Payments. Upon the occurrence of a Default, the Agent may proceed directly and at once, without notice, against the Guarantor to obtain performance of and to collect and recover the full amount, or any portion, of the Obligations, without first proceeding against the Borrower or any other Person, or against any security or collateral for the Obligations. Subject only to the terms and provisions of the Credit Agreement, the Agent shall have the exclusive right to determine the application of payments and credits, if any, from the Guarantor, the Borrower or from any other Person on account of the Obligations or any other liability of the Guarantor to any Lender.
Enforcement; Application of Payments. Upon the occurrence of an Event of Default, the Agent may proceed directly and at once, without notice, against the Guarantor to obtain performance of and to collect and recover the full amount, or any portion, of the Brooke Obligations, without first proceeding against Brooke Credit or the Parent, any other guarantor or any other party, or against any security or collateral for the Brooke Obligations. Subject only to the terms and provisions of the Credit and Security Agreement, the Agent shall have the exclusive right to determine the application of payments and credits, if any, from the Guarantor, Brooke Credit, the Parent or any other guarantor or from any other party on account of the Brooke Obligations or any other liability of the Guarantor to the Secured Parties.
Enforcement; Application of Payments. Upon the occurrence and during the continuance of an Event of Default, the Agents and/or the Lenders may proceed directly and at once, without notice, against any Guarantor to obtain performance of and to collect and recover the full amount, or any portion, of the Guaranteed Obligations owing to such Person or Persons, without first proceeding against any applicable Borrower or any other Person, or against any security or collateral for the Guaranteed Obligations.
Enforcement; Application of Payments. Upon the occurrence of a Termination Event (as defined in the Credit Agreement), the Agent may proceed directly and at once, without notice, against the Guarantor to obtain performance of and to collect and recover the full amount, or any portion, of the Guaranteed Obligations, without first proceeding against Seller, any other guarantor or any other party, or against any security or collateral for the Guaranteed Obligations. Subject only to the terms and provisions of the Credit Agreement, the Agent shall have the exclusive right to determine the application of payments and credits, if any, from the Guarantor, the Seller, any other guarantor or from any other party on account of the Guaranteed Obligations or any other liability of the Guarantor to the Secured Parties.
Enforcement; Application of Payments. If payment under this Guaranty is not made by the Guarantor as required under Section 2(ii) of this Guaranty, the Administrative Agent may proceed directly and at once, without notice, against the Guarantor to obtain performance of and to collect and recover the full amount, or any portion, of the Obligations (subject to the limitations set forth in Section 2 of this Guaranty), without first proceeding against the Borrower or any other Person, or against any security or collateral for the Obligations. Subject only to the terms and provisions of the Credit Agreement, the Administrative Agent shall have the exclusive right to determine the application of payments and credits, if any, from the Guarantor, the Borrower or from any other Person on account of the Obligations or any other liability of the Guarantor to any Holder of Obligations.
Enforcement; Application of Payments. Upon the occurrence and during the continuance of an Event of Default, the Tranche B Requisite Holders, and upon the occurrence and continuation of an Event of Default described in Section 8.1(a)(i) above, the Tranche A Requisite Holders, may proceed directly and at once, without notice, against the Guarantor to obtain performance of and to collect and recover the full amount, or any portion, of the Guaranteed Obligations owing to the Holders, without first proceeding against the Issuer or any other Person, or against any security or collateral for the Guaranteed Obligations. Subject only to the terms and provisions of the Collateral Documents and this Agreement, the Tranche B Requisite Holders and, following the Maturity Date of the Notes, the Tranche A Requisite Holders shall have the exclusive right to determine the application of payments and credits, if any, from the Guarantor, the Issuer or any other Person, on account of the Guaranteed Obligations or any other liability of the Guarantor to any of the Holders. For the avoidance of doubt, all such application of payments and credits shall all at all times be applied pro rata among the outstanding Tranche A Notes and outstanding Tranche B Notes.
Enforcement; Application of Payments. Upon LJH's failure to make any payment in respect of the Keepwell Obligations, the Agent may proceed directly and at once, without notice, against LJH to obtain performance of and to collect and recover the full amount, or any portion, of the Keepwell Obligations, without first proceeding against any Borrower or any other Person, or against any security or collateral for the Obligations. Subject only to the express terms and provisions of this Agreement and the Credit Agreement, the Agent shall have the exclusive right to determine the application of payments and credits, if any, from LJH on account of the Keepwell Obligations, any Borrower, any Guarantor or from any other Person on account of the Obligations.
Enforcement; Application of Payments. Upon the occurrence of a ------------------------------------ Default, the Agent may proceed directly and at once, without notice, against the Guarantor to obtain performance of and to collect and recover the full amount, or any portion, of the Secured Obligations, without first proceeding against the Borrower or any other Person, or against any security or collateral for the Secured Obligations. Subject only to the terms and provisions of the Credit Agreement, the Agent shall have the exclusive right to determine the application of payments and credits, if any, from the Guarantor, the Borrower or from any other Person on account of the Secured Obligations or any other liability of the Guarantor to any Holder of Secured Obligations.
Enforcement; Application of Payments. Upon the occurrence and ------------------------------------ during the continuance of an Event of Default, the Agent may proceed directly and at once, without notice, against the Parent Guarantors to obtain performance of and to collect and recover the full amount, or any portion, of the Obligations guaranteed by such Parent Guarantor, without first proceeding against the applicable Borrowers or any other Person, or against any security or collateral for the Obligations. Subject only to the terms and provisions of this Credit Agreement, the Agent shall have the exclusive right to determine the application of payments and credits, if any, from the Parent Guarantor, the Borrowers or from any other Person on account of the Obligations or any other liability of the Parent Guarantor to any Holder, without affecting the liability of the Parent Guarantors hereunder.
