Common use of Order of Application Clause in Contracts

Order of Application. (a) If no Default or Potential Default exists, any payment shall be applied to the Obligation in the order and manner as provided in this Agreement.

Appears in 6 contracts

Samples: Credit Agreement (Monro, Inc.), Credit Agreement (Monro Muffler Brake Inc), Credit Agreement (Monro Muffler Brake Inc)

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Order of Application. (a) If no Default or Potential Default exists, any payment shall be applied to the Obligation in the order and manner as provided in this Agreementspecified by Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Prologis Trust), Credit Agreement (Prologis Trust)

Order of Application. (a) If no Default or Potential Default exists, any payment shall be applied to the Obligation in the order and manner as provided in this AgreementBorrower directs.

Appears in 1 contract

Samples: Credit Agreement (Vail Resorts Inc)

Order of Application. (a) If no Default or Potential Default exists, any payment shall be applied to the Obligation in the order and manner as provided in this Agreementspecified by the applicable Borrower.

Appears in 1 contract

Samples: Credit Agreement (Prologis Trust)

Order of Application. (a) If no Default or Potential Default exists, any payment shall be applied to the Obligation in the order and manner as provided in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Security Capital Industrial Trust)

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Order of Application. (a) a If no Default or Potential Default exists, any payment shall be applied to the Obligation in the order and manner as provided in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Monro Muffler Brake Inc)

Order of Application. (ai) If no Default or Potential Default exists, any payment shall be applied to the Obligation in the order and manner as provided in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Monro Muffler Brake Inc)

Order of Application. (aA) If no Default or Potential Default exists, any payment shall be applied to the Obligation in the order and manner as provided in this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Prologis Trust)

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