Payments Under the Assigned Agreements. (a) Each Grantor agrees, and has effectively so instructed each other party to each Assigned Agreement to which it is a party, that all payments due or to become due under or in connection with such Assigned Agreement will be made directly to a Deposit Account.
(b) All moneys received or collected pursuant to subsection (a) above shall be (i) released to the applicable Grantor on the terms set forth in Section 7 so long as no Default under Section 6.01(a) or (f) of the Credit Agreement or Event of Default shall have occurred and be continuing or (ii) if any Default under Section 6.01(a) or (f) of the Credit Agreement or Event of Default shall have occurred and be continuing, applied as provided in Section 23(b).
Payments Under the Assigned Agreements. All moneys received or collected pursuant to any Assigned Agreement shall be (i) released to the applicable Grantor so long as no Event of Default shall have occurred and be continuing or (ii) if any Event of Default shall have occurred and be continuing, applied as provided in Section 21(b), subject to obtaining the approval of the applicable HMO Regulator or Insurance Regulator prior to the exercise by the Collateral Agent of its foreclosure, voting, assignment or other rights with respect to any Assigned Agreements to which any HMO Subsidiary or Insurance Subsidiary is a party where such approval is required for the Collateral Agent to exercise such rights under the applicable Governmental Rules.
Payments Under the Assigned Agreements. (a) Each Grantor agrees (and as part of the consents such Grantor has agreed to request pursuant to Section 8(g) will instruct each other party to each Assigned Agreement which is the subject of such consent to agree) that, upon the occurrence and during the continuance of an Event of Default, all payments due or to become due under or in connection with such Assigned Agreement shall be made directly to the Collateral Account.
(b) All moneys received or collected pursuant to subsection (a) above shall be (i) released to the applicable Grantor so long as no Event of Default shall have occurred and be continuing or (ii) if any Event of Default shall have occurred and be continuing, applied as provided in Section 21(b).
Payments Under the Assigned Agreements. (a) Upon the occurrence and during the continuation of a Specified Default at the request of the Administrative Agent, each Grantor agrees to instruct each other party to each Assigned Agreement (or such Assigned Agreements as the Administrative Agent shall specify) to which it is a party that all payments due or to become due under or in connection with such Assigned Agreement will be made directly to the Collateral Account.
(b) All moneys received or collected pursuant to subsection (a) above shall be (i) released to the applicable Grantor on the terms set forth in Section 8 so long as no Specified Default shall have occurred and be continuing or (ii) if any Event of Default shall have occurred and be continuing, applied as provided in Section 24(b).
Payments Under the Assigned Agreements. (a) Each Grantor agrees that, after the occurrence of any payment default or after the Lenders have elected to exercise their remedies under Section 8.02 of the Credit Agreement, all payments due or to become due under or in connection with any Assigned Agreement will be made directly to a cash collateral account or as otherwise directed by the Administrative Agent.
(b) All moneys received or collected pursuant to Section 16(a) above shall be applied as provided in Section 21(b).
Payments Under the Assigned Agreements. (a) In addition to the other provisions of this Agreement, upon the occurrence of a Default under Section 8.01(a) or (f) of the Credit Agreement or an Event of Default, each Grantor agrees that, at the request of the Collateral Agent, it shall instruct each other party to each Assigned Agreement to which it is a party that all payments due or to become due under or in connection with such Assigned Agreement will be made directly to a Cash Collateral Account.
(b) All moneys received or collected pursuant to subsection (a) above shall be applied as provided in Section 22(b).
Payments Under the Assigned Agreements. Following the occurrence and continuance of an Event of Default, if requested by the Administrative Agent, each of the Grantors shall effectively instruct each other party to each Assigned Agreement to which such Grantor is a party, that all payments due or to become due under or in connection with such Assigned Agreement shall be made in accordance with the instructions of the Administrative Agent. In such event the Administrative Agent shall instruct such party to make (A) such payments to the Borrower so long as no Event of Default shall have occurred and be continuing or (B) such payments to the Administrative Agent if any Event of Default shall have occurred and be continuing. Any payment made to the Administrative Agent under this Section 15 shall be applied as provided in Section 20(b).
Payments Under the Assigned Agreements. (a) Each Grantor agrees that, upon the occurrence and during the continuance of any Event of Default, all payments due or to become due to such Grantor under or in connection with such Assigned Agreement will be made in accordance with the instructions of the Collateral Agent.
(b) All moneys received or collected pursuant to subsection (a) above shall be applied as provided in Section 19(b).
Payments Under the Assigned Agreements. Notwithstanding that all payments under the Assigned Agreements shall be made in accordance with their terms so long as no Event of Default has occurred and is continuing, the Company agrees, and has effectively so instructed each other party to each Assigned Agreement that, upon the occurrence and during the continuation of an Event of Default, all payments due or to become due under or in connection with such Assigned Agreement shall be received in trust for the benefit of the Trustee hereunder, shall be segregated from other property and funds of the Company and shall be forthwith paid over to the Trustee in the same form as so received (with any necessary indorsement) to be deposited in the Collateral Account and, thereafter, applied by the Trustee in accordance with Section 20(b) hereof.
Payments Under the Assigned Agreements. Each Grantor agrees, and has effectively so instructed each other party to each Assigned Agreement, that all payments due or to become due under or in connection with such Assigned Agreement shall be made in accordance with the terms of the consents referred to in Section 7(g) above.
