Post-Default Allocation for UK Obligations. Notwithstanding anything in any Loan Document to the contrary, during an Event of Default, monies to be applied to the UK Obligations, whether arising from payments by UK Obligors, realization on UK Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 7 contracts
Samples: Loan, Guaranty and Security Agreement (Turtle Beach Corp), Guaranty and Security Agreement, Loan, Guaranty and Security Agreement (Turtle Beach Corp)