Priority of Distributions. The proceeds of any sale of, or other realization upon, all or any part of the Collateral and any cash held in the Collateral Accounts shall be applied as provided in Section 8.03 of the Credit Agreement. The Collateral Agent may make distributions hereunder in cash or in kind or, on a ratable basis, in any combination thereof.
Appears in 6 contracts
Samples: u.s. Security Agreement (Masonite International Corp), Canadian Security Agreement (Masonite International Corp), Credit Agreement (Masonite International Corp)
Priority of Distributions. The proceeds of any sale of, or other realization upon, all or any part of the Collateral and any cash held in the Collateral Accounts shall be applied as provided in Section 8.03 of the Credit Agreement. The Collateral Agent may make distributions hereunder in cash or in kind or, on a ratable basis, in any combination thereof.
Appears in 2 contracts
Samples: Security Agreement (Masonite International Corp), Security Agreement (Masonite International Corp)
Priority of Distributions. The proceeds of any sale of, or other realization upon, all or any part of the Collateral (including any proceeds received and held pursuant to Section 5.01) and any cash held in by the Collateral Accounts Agent or its nominee or custodian hereunder shall be applied as provided in Section 8.03 4.06 of the Credit Collateral Agency Agreement, subject in all cases to the priorities set forth in the Intercreditor Agreement. The Collateral Agent may make distributions hereunder in cash or in kind or, on a ratable basis, in any combination thereof.
Appears in 2 contracts
Samples: Pledge Agreement (Duane Reade Holdings Inc), Pledge Agreement (Duane Reade)
Priority of Distributions. The proceeds of any sale by the Collateral Agent of, or other realization upon, all or any part of the Collateral and any cash held in the Collateral Accounts or otherwise by the Collateral Agent or any nominee or custodian thereof shall be applied paid over to the Administrative Agent for application as provided in the Credit Agreement, subject in all cases to the priorities set forth in Section 8.03 of the Credit Agreement. The Collateral Agent may make distributions hereunder in cash or in kind or, on a ratable basis, in any combination thereof.
Appears in 2 contracts
Samples: Security Agreement (Sbarro Express LLC), Security Agreement (Sbarro Inc)
Priority of Distributions. The proceeds of any sale of, or other realization upon, all or any part of the Collateral and any cash held in the Collateral Accounts shall be applied as provided set forth in Section 8.03 4.06 of the Credit Collateral Agency Agreement, subject in all cases to the priorities set forth in the Intercreditor Agreement. The Collateral Agent may make distributions hereunder in cash or in kind or, on a ratable basis, in any combination thereof.
Appears in 2 contracts
Samples: Security Agreement (Duane Reade), Security Agreement (Duane Reade Holdings Inc)
Priority of Distributions. The proceeds of any sale of, or other realization upon, all or any part of the Collateral and any cash held in the Collateral Accounts shall be applied paid over to the Administrative Agent for application as provided in Section 8.03 of the Credit Agreement. The Collateral Agent may make distributions hereunder in cash or in kind or, on a ratable basis, in any combination thereof.
Appears in 2 contracts
Samples: Security Agreement (Verifone Systems, Inc.), Security Agreement (Central Credit, LLC)
Priority of Distributions. The proceeds of any sale of, or other realization upon, all or any part of the Collateral and any cash held in the Collateral Accounts shall be applied as provided set forth in Section 8.03 4.06 of the Credit Collateral Agency Agreement. The Collateral Agent may make distributions hereunder in cash or in kind or, on a ratable basis, in any combination thereof.
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Priority of Distributions. The proceeds of any sale of, or other realization upon, all or any part of the Collateral (including any proceeds received and held pursuant to Section 5.01) and any cash held in by the Collateral Accounts Agent or its nominee or custodian hereunder shall be applied as provided in Section 8.03 of the Credit Agreement. The Collateral Agent may make distributions hereunder in cash or in kind or, on a ratable basis, in any combination thereof.
Appears in 1 contract
Priority of Distributions. The proceeds of any sale of, or other realization upon, all or any part of the Collateral and any cash held in the Collateral Accounts shall be applied paid over to the Administrative Agent for application as provided in Section 8.03 of the Credit Agreement, subject in all cases to the priorities set forth in Section 3.02 of the Intercreditor Agreement. The Senior Collateral Agent may make distributions hereunder in cash or in kind or, on a ratable basis, in any combination thereof.
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