Payments to Secured Parties Sample Clauses

Payments to Secured Parties. If a Secured Party (a “Recovering Creditor”) makes a Recovery in respect of any amounts owed by the Company other than in accordance with Clause 11.1 (Order of Application) such Recovering Creditor shall not be entitled to retain such amount and shall notify the Security Agent and forthwith pay such amount to the Security Agent for application in accordance with Clause 11.1 (Order of Application). Should such amount not be paid by the relevant Recovering Creditor to the Security Agent for application in accordance with Clause 11.1 (Order of Application) and the relevant Recovering Creditor applies that amount towards payment of indebtedness owing under the Secured Finance Documents to which it is a party then:
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Payments to Secured Parties. (a) If a Finance Party, a Hedging Bank or a Long Term Hedging Bank (a “Recovering Creditor”) makes a Senior Recovery a Hedging Recovery or a Long Term Hedging Recovery, as relevant (the “Recovery”) in respect of any amounts owed by any Obligor other than in accordance with paragraph 19.1 (Order of application) and applies that amount to a payment due under the Finance Documents to which it is a party then: Portions of this exhibit have been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. The omissions have been indicated by asterisks (“[***]”), and the omitted text has been filed separately with the Securities and Exchange Commission.
Payments to Secured Parties. The Administrative Agent shall pay any amounts due to any Secured Party by wire transfer in immediately available funds pursuant to the payment instructions supplied by such Secured Party. If the amounts required to be transferred by the Administrative Agent on any Business Day have been deposited into the appropriate Account(s) by 10:00 a.m. (New York time) on such Business Day, the Administrative Agent shall make the required transfers by 12:00 p.m. (New York time) on the same Business Day, if such amounts are deposited after 10:00 a.m. (New York time), but before 12:00 p.m. (New York time), the Administrative Agent shall make the required transfers by 4:00 p.m. (New York time) on the same Business Day, and if such amounts are deposited after 12:00 p.m. (New York time), the Administrative Agent shall make the required transfers by 12:00 p.m. (New York time) on the next succeeding Business Day.
Payments to Secured Parties. Payments by the Collateral Agent to a Secured Party under this Section 4 shall be made to one or more accounts of such Secured Party as such Secured Party shall have notified the Collateral Agent in writing.
Payments to Secured Parties. (a) If a Secured Party (a “Recovering Creditor”) makes a Recovery in respect of any amounts owed by any ICA Group Company other than in accordance with Clause 13.1 (Order of Application) such Recovering Creditor shall not be entitled to retain such amount and shall notify the Security Agent and forthwith pay such amount to the Security Agent (or as the Security Agent may direct) for application in accordance with Clause 13.1 (Order of Application). Should such amount not be paid by the relevant Recovering Creditor to the Security Agent (or as the Security Agent may direct) for application in accordance with Clause 13.1 (Order of Application) and the relevant Recovering Creditor applies that amount towards payment of indebtedness owing under the Senior Finance Documents to which it is a party then:
Payments to Secured Parties. (a) If any Secured Party (other than a Hedge Counterparty) (a “Recovering Secured Party”) receives or recovers any amount from the Borrower or the Sponsor other than in accordance with Clause 38 (Payment Mechanics) (a “Recovered Amount”) and applies that amount to a payment due under the Finance Documents then:
Payments to Secured Parties. If a Secured Party (a "RECOVERING SECURED PARTY") receives or recovers any amount from the Parent or an Obligor other than in accordance with Clause 29 (Payment mechanics) and applies that amount to a payment due under the Finance Documents then:
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Payments to Secured Parties. If a Secured Party (a "Recovering Creditor") makes a Recovery in respect of any amounts owed by any ICA Group Company other than in accordance with Clause 16.1 (Order of Application) such Recovering Creditor shall not be entitled to retain such amount and shall notify the Security Agent and forthwith pay such amount to the Security Agent for application in accordance with Clause 16.1 (Order of Application). Should such amount not be paid by the relevant Recovering Creditor to the Security Agent for application in accordance with Clause 16.1 (Order of Application) and the relevant Recovering Creditor applies that amount towards payment of indebtedness owing under the Secured Finance Documents to which it is a party then:
Payments to Secured Parties. (a) If a Senior Finance Party, Hedging Bank, Bridge Finance Party or a High Yield Notes Finance Party (a “Recovering Creditor”) makes a Senior Recovery, Hedging Recovery, Bridge Recovery or High Yield Notes Recovery, as relevant (the “Recovery” which, for the avoidance of doubt, includes any recovery in relation to any Report) in respect of any amounts owed by any Obligor other than in accordance with Clause 22.1 (Order of application) and applies that amount to a payment due under the Finance Documents to which it is a party then:
Payments to Secured Parties. (a) The Intercreditor Agent shall direct the Offshore Depositary Bank to transfer to the Intercreditor Agent by wire transfer in immediately available funds pursuant to the payment instructions supplied by the Intercreditor Agent in the form of Exhibit A-1 attached hereto an aggregate amount equal to any amounts to be distributed by the Intercreditor Agent to any Secured Party pursuant to the Financing Documents. If the amounts required to be transferred by the Offshore Depositary Bank pursuant to this Section 4.05(a) on any Business Day have been deposited into the appropriate Offshore Account(s) by 12:00 P.M. (New York City time) on such Business Day, the Intercreditor Agent shall make the required transfers by 6:00 P.M. (New York City time) on the same Business Day, and if such amounts are deposited after 12:00 P.M. (New York City time), the Intercreditor Agent shall make the required transfers by 12:00 P.M. (New York City time) on the next succeeding Business Day.
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