Priority of payments after Facility Termination Date. On each Interest Payment Date and each Settlement Date occurring on or after the Facility Termination Date, the Collateral Agent (acting on the instructions of the Administrative Agent) shall on behalf of the Company apply all funds standing to the credit of the Collection Accounts, the Company Concentration Account and the Payments Reserve Accounts in the following order of priority:
Appears in 5 contracts
Samples: Receivables Loan Agreement (Huntsman International LLC), Receivables Purchase Agreement (Huntsman International LLC), Receivables Purchase Agreement (Huntsman International LLC)
Priority of payments after Facility Termination Date. On each Interest Payment Date and each Settlement Date occurring on or after the Facility Termination Date, the Collateral Agent (acting on the instructions of the Administrative Agent) shall on behalf of the Company apply all funds standing to the credit of the Collection Accounts, the each Company Concentration Account and the Payments Reserve Accounts in the following order of priority:
Appears in 2 contracts
Samples: Servicing Agreement and Transaction (Huntsman CORP), Receivables Loan Agreement (Huntsman CORP)
Priority of payments after Facility Termination Date. On each Interest Payment Date and each Settlement Date occurring on or after the Facility Termination Date, the Collateral Agent (acting on the instructions of the Administrative Agent) shall on behalf of the Company apply all funds standing to the credit of the Collection Accounts, the each Company Concentration Account and Accounts (including the Payments Reserve Accounts Subaccounts and any Servicer Advances) in the following order of priority:
Appears in 2 contracts
Samples: European Receivables Loan Agreement, European Receivables Loan Agreement (Huntsman CORP)
