Common use of Priority of Distributions of Collateral Clause in Contracts

Priority of Distributions of Collateral. Proceeds of Collateral shall be allocated in accordance with this Section 6.02. On each Distribution Date, Collateral Agent shall distribute all funds in the Lockbox Account or otherwise received on the Collateral in accordance with the following priority:

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement

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Priority of Distributions of Collateral. Proceeds of Collateral shall be allocated in accordance with this Section 6.026.2. On each Distribution Date, Collateral Agent shall distribute all funds in the Lockbox Account or otherwise received on the Collateral in accordance with the following priority:

Appears in 1 contract

Samples: Security Agreement

Priority of Distributions of Collateral. Proceeds of Collateral shall be allocated in accordance with this Section 6.02. On each Distribution Date, Collateral Agent shall distribute all funds in the Lockbox Account Deposit Accounts or otherwise received on the Collateral in accordance with the following priority:

Appears in 1 contract

Samples: Security Agreement

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Priority of Distributions of Collateral. Proceeds of Collateral shall be allocated in accordance with this Section 6.02. On each Distribution Date, Collateral Agent shall distribute all funds in the Lockbox Account or otherwise received on the Collateral in accordance with the following priority:...

Appears in 1 contract

Samples: Intercreditor and Collateral Agency Agreement

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