Payments on Collateral. Without limiting the rights of the Agent under any other provision of this Security Agreement, if an Event of Default shall occur and be continuing:
Payments on Collateral. 18 Section 5.3
Payments on Collateral. Without limiting the rights of the Bank under any other provision of this Agreement, if a Default shall occur and be continuing:
Payments on Collateral. Without limiting the rights of Lender under any other provision of the Security Agreement, if an Event of Default shall occur and be continuing:
Payments on Collateral. If it shall receive from any Person any amounts with respect to the Collateral, then, in accordance with this Agreement and the other Transaction Documents, it shall receive such payment in trust for the Agent (as secured party hereunder and under the other Transaction Documents) and from and after the occurrence and continuance of an Event of Default or as otherwise provided in the Transaction Documents, it shall immediately remit such amounts to the Agent.
Payments on Collateral. 37 Section 6.28 Maintenance of Vessels .....................................37 Section 6.29
Payments on Collateral. 6 SECTION 3.1 Payments....................................................................... 6 SECTION 3.2
Payments on Collateral. If, while this Agreement is in effect, the Company shall become entitled to receive or shall receive any interest or other payment in respect of the Collateral, the Company agrees to accept the same as Xxxxxx’x agent, to hold the same in trust on behalf of Xxxxxx and to deliver the same forthwith to Xxxxxx. The Company instructs and authorizes the Trustee to hold and receive on Xxxxxx’x behalf and to deliver forthwith to Xxxxxx any payment received by it in respect of the Collateral (including the proceeds of any remarketing of the Pledged Bonds). All such payments in respect of the Collateral that are paid to Xxxxxx shall be credited against the Liabilities as Xxxxxx may determine.
Payments on Collateral. Without limiting the rights of the Lender under any other provision of law or this Agreement, immediately upon and following the occurrence of an Event of Default:
Payments on Collateral. Without limiting the rights of the Lender under any other provision of law or this Agreement, upon and following the occurrence of an Event of Default and after application to and receipt of approval from the Bankruptcy Court, and subject to the lien rights of the Objectors:
