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.
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Samples: Security Agreement (Terremark Worldwide Inc), First Lien Security Agreement (Terremark Worldwide Inc)
Payments Under the Assigned Agreements. (a) In addition to the other provisions of this Agreement, upon the occurrence of a Junior Lien Event of Default under Section 8.01(a) or (f) and subject to the terms of the Credit Agreement or an Event of DefaultCollateral Trust Agreement, each Grantor agrees that, at the request of the Collateral AgentTrustee, 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.
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Samples: Second Lien Security Agreement (Terremark Worldwide Inc.)
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 the Cash Collateral Account.
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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 Parity Lien Event of Default, each Grantor agrees that, at the request of the Collateral AgentTrustee, 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.
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