Common use of Payments; Fees Clause in Contracts

Payments; Fees. Agent may, in its discretion, receive and retain any amounts payable to a Defaulting Lender under the Loan Documents, and a Defaulting Lender shall be deemed to have assigned to Agent such amounts until all Obligations owing to Agent, non-Defaulting Lenders and other Secured Parties have been paid in full. Agent shall apply such amounts in accordance with Section 5.

Appears in 2 contracts

Samples: Loan and Security Agreement (Bespoke Capital Acquisition Corp), Loan and Security Agreement (Bespoke Capital Acquisition Corp)

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Payments; Fees. Agent may, in its discretion, receive and retain any amounts payable to a Defaulting Lender under the Loan Credit Documents, and a Defaulting Lender shall be deemed to have assigned to Agent such amounts until all Obligations owing to Agent, non-Defaulting Lenders and other Secured Parties have been paid in full. Agent shall may apply such amounts in accordance with Section 5.such

Appears in 1 contract

Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.)

Payments; Fees. Agent may, in its discretion, receive and retain any amounts payable to a Defaulting Lender under the Loan Documents, and a such Defaulting Lender shall be deemed to have assigned to Agent such amounts until all Obligations owing to Agent, Agent and non-Defaulting Lenders and other Secured Parties have been paid in full. Agent shall apply may use such amounts in accordance with Section 5to cover such Defaulting Lender’s defaulted obligations or to repay Obligations.

Appears in 1 contract

Samples: Loan Agreement (Chicago Atlantic Real Estate Finance, Inc.)

Payments; Fees. Agent may, in its discretion, receive and retain any amounts payable to a Defaulting Lender under the Loan Documents, and a Defaulting Lender shall be deemed to have assigned to Agent such amounts until all Obligations owing to Agent, non-Defaulting Lenders and other Secured Parties have been paid in full. Agent shall apply such amounts in accordance with Section 5.5.7.3. A Lender shall not be entitled to receive any fees

Appears in 1 contract

Samples: Loan and Security Agreement (Vintage Wine Estates, Inc.)

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Payments; Fees. Agent may, in its discretion, receive and retain any amounts payable to a Defaulting Lender under the Loan Credit Documents, and a Defaulting Lender shall be deemed to have assigned to Agent such amounts until all Obligations owing to Agent, non-non- Defaulting Lenders and other Secured Parties have been paid in full. Agent shall may apply such amounts in accordance with Section 5.such

Appears in 1 contract

Samples: Credit Agreement

Payments; Fees. Agent may, in its discretion, receive and retain any amounts payable to a Defaulting Lender under the Loan Documents, and a Defaulting Lender shall be deemed to have assigned to Agent such amounts until all Obligations owing to Agent, non-Defaulting Lenders and other Secured Parties have been paid in full. Agent shall apply such amounts in accordance with Section 5.

Appears in 1 contract

Samples: Intercreditor Agreement (Cross Country Healthcare Inc)

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