Related Clauses

Distribution of payments to Creditor Parties
Payments to Finance Parties
Payments to Lenders
Payments to Administrative Agent
Payments to Noteholders
Payments to Agent
Payments to Company
Payments to the Liquidity Provider Under the Intercreditor Agreement
Payments by Agent to the Lenders
Payments by Agent to Lenders

Parent Clauses

Definitions
Interpretation
THE BANKS AND FINANCIAL
Governing Law and Jurisdiction
Exclusion of Creditor Party liability
Receipts
Security over Lenders' rights
No change without consent
CRÉDIT AGRICOLE CORPORATE AND INVESTMENT
Change of currency

Payments to Creditor Parties. If a Creditor Party (a “Recovering Creditor Party”) receives or recovers any amount from an Obligor other than in accordance with Clause 27 and applies that amount to a payment due under the Finance Documents then:

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)

Payments to Creditor Parties. If a Creditor Party (a “"Recovering Creditor Party”") receives or recovers any amount from an Obligor other than in accordance with Clause 27 28 (Sharing Among the Creditor Parties) and applies that amount to a payment due under the Finance Documents then:

Appears in 1 contract

Samples: Loan Agreement (Seven Seas Cruises S. DE R.L.)

Payments to Creditor Parties. If a Creditor Party (a “Recovering Creditor Party”) receives or recovers any amount from an Obligor other than in accordance with Clause 27 28 (Sharing Among the Creditor Parties) and applies that amount to a payment due under the Finance Documents then:

Appears in 1 contract

Samples: Loan Agreement (Prestige Cruises International, Inc.)

Common use of Payments to Creditor Parties Clause in Contracts