Common use of Payment of Proceeds in Certain Cases Clause in Contracts

Payment of Proceeds in Certain Cases. (i) If, after giving effect to the provisions of Section 1402, any amount of cash, property or securities shall be available for payment or distribution in respect of the Securities ("Excess Proceeds"), and any creditors in respect of Designated Obligations shall not have received payment in full of all amounts due or to become due on or in respect of such Designated Obligations (and provision shall not have been made for such payment in money or money's worth), then such Excess Proceeds shall first be applied (ratably with any amount of cash, property or securities available for payment or distribution in respect of any other indebtedness of the Company that by its express terms provides for the payment over of amounts corresponding to Excess Proceeds to creditors in respect of Designated Obligations) to pay or provide for the payment of the Designated Obligations remaining unpaid, to the extent necessary to pay all Designated Obligations in full, after giving effect to any concurrent payment or distribution to or for creditors in respect of Designated Obligations. Any Excess Proceeds remaining after payment (or provision for payment) in full of all Designated Obligations shall be available for payment or distribution in respect of the Securities.

Payment of Proceeds in Certain Cases. (ia) If, after giving effect to the provisions of Section 140215.2 and Section 15.6, any amount of cash, property or securities shall be available for payment or distribution in respect of the Securities Notes ("“Excess Proceeds"), ”) and any creditors Entitled Persons in respect of Designated Other Financial Obligations shall not have received payment in full of all amounts due or to become due on or in respect of such Designated Other Financial Obligations (and provision shall not have been made for such payment in money or money's ’s worth), then such Excess Proceeds shall first be applied (ratably with any amount of cash, property or securities available for payment or distribution in respect of any other indebtedness of the Company that by its express terms provides for the payment over of amounts corresponding to Excess Proceeds to creditors Entitled Persons in respect of Designated Other Financial Obligations) to pay or provide for the payment of the Designated Other Financial Obligations remaining unpaid, to the extent necessary to pay all Designated Other Financial Obligations in full, after giving effect to any concurrent payment or distribution to or for creditors Entitled Persons in respect of Designated Other Financial Obligations. Any Excess Proceeds remaining after the payment (or provision for payment) in full of all Designated Other Financial Obligations shall be available for payment or distribution in respect of the SecuritiesNotes.

Payment of Proceeds in Certain Cases. (ia) If, after giving effect to the provisions of Section 14021202 and Section 1206, any amount of cash, property or securities shall be available for payment or distribution in respect of the Securities ("Excess Proceeds"), and any creditors Entitled Persons in respect of Designated Other Financial Obligations shall not have received payment in full of all amounts due or to become due on or in respect of such Designated Other Financial Obligations (and provision shall not have been made for such payment in money or money's worth), then such Excess Proceeds shall first be applied (ratably with any amount of cash, property or securities available for payment or distribution in respect of any other indebtedness of the Company that by its express terms provides for the payment over of amounts corresponding to Excess Proceeds to creditors Entitled Persons in respect of Designated Other Financial Obligations) to pay or provide for the payment of the Designated Other Financial Obligations remaining unpaid, to the extent necessary to pay all Designated Other Financial Obligations in full, after giving effect to any concurrent payment or distribution to or for creditors Entitled Persons in respect of Designated Other Financial Obligations. Any Excess Proceeds remaining after the payment (or provision for payment) in full of all Designated Other Financial Obligations shall be available for payment or distribution in respect of the Securities.

Payment of Proceeds in Certain Cases. (ia) If, after giving effect to the provisions of Section 14021302 and Section 1306, any amount of cash, property or securities shall be available for payment or distribution in respect of the Securities ("Excess Proceeds"), and any creditors Entitled Persons in respect of Designated Other Financial Obligations shall not have received payment in full of all amounts due or to become due on or in respect of such Designated Other Financial Obligations (and provision shall not have been made for such payment in money or money's worth), then such Excess Proceeds shall first be applied (ratably with any amount of cash, property or securities available for payment or distribution in respect of any other indebtedness of the Company that by its express terms provides for the payment over of amounts corresponding to Excess Proceeds to creditors Entitled Persons in respect of Designated Other Financial Obligations) to pay or provide for the payment of the Designated Other Financial Obligations remaining unpaid, to the extent necessary to pay all Designated Other Financial Obligations in full, after giving effect to any concurrent payment or distribution to or for creditors Entitled Persons in respect of Designated Other Financial Obligations. Any Excess Proceeds remaining after the payment (or provision for payment) in full of all Designated Other Financial Obligations shall be available for payment or distribution in respect of the Securities.