Common use of Payments to Secured Parties Clause in Contracts

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:

Payments to Secured Parties. If a Secured Party (a “"Recovering Creditor”") makes a Recovery in respect of any amounts owed by the any ICA Group Company other than in accordance with Clause 11.1 14.1 (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 14.1 (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 14.1 (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. If a Secured Party (a “"Recovering Creditor”") makes a Recovery in respect of any amounts owed by the any ICA Group Company other than in accordance with Clause 11.1 14.1 (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 14.1 (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 14.1 (Order of Application) and the relevant Recovering Creditor applies that amount towards payment of indebtedness owing under the Secured Senior Finance Documents to which it is a party then:

Payments to Secured Parties. If a Secured Party (a “"Recovering Creditor”") makes a Recovery in respect of any amounts owed by the any ICA Group Company other than in accordance with Clause 11.1 14.1 (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 directed by the Security Agent) for application in accordance with Clause 11.1 14.1 (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 14.1 (Order of Application) and the relevant Recovering Creditor applies that amount towards payment of indebtedness owing under the Secured Senior Finance Documents to which it is a party then: