Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, after a notice has been given to the Borrower under Clause 24 (Remedies Upon an Event of Default), and at any time after any Liens created by or pursuant to any Security Document becomes enforceable, the Security Agent may require the Borrower to pay all sums due under any Finance Document as the Security Agent may direct for application in accordance with the terms of the Security Documents.
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Samples: Operation and Maintenance Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.), Coface Facility Agreement (Globalstar, Inc.)
Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, after a notice has been given to the Borrower under Clause 24 21.2 (Remedies Upon an Event of DefaultAcceleration), and at any time after any Liens created by or pursuant to any Security Document becomes enforceable, the Security Agent may require the Borrower to pay all sums due under any Finance Document as the Security Agent or the Intercreditor Agent may direct for application in accordance with the terms of the Security DocumentsIntercreditor Agreement.
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Samples: Coface Covered Export Credit Agreement (Hughes Network Systems, LLC)
Payments to the Security Agent. Notwithstanding any other provision of any Finance Document, after a notice has been given to the Borrower under Clause 24 23 (Remedies Upon an Event of Default), and at any time after any Liens created by or pursuant to any Security Document becomes enforceable, the Security Agent may require the Borrower to pay all sums due under any Finance Document as the Security Agent may direct for application in accordance with the terms of the Security Documents.
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