Common use of Proceeds of Casualty Events and Collateral Dispositions Clause in Contracts

Proceeds of Casualty Events and Collateral Dispositions. The Pledgors shall take all actions required by the Second Lien Term Loan Agreement and the Intercreditor Agreement with respect to any Net Cash Proceeds of any Casualty Event or from the sale or disposition of any Pledged Collateral.

Appears in 3 contracts

Samples: Security Agreement (Quest Resource Corp), Security Agreement (Quest Resource Corp), Security Agreement (Quest Resource Corp)

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Proceeds of Casualty Events and Collateral Dispositions. The Pledgors shall take all actions required by the Second Third Lien Term Loan Agreement and the Intercreditor Agreement with respect to any Net Cash Proceeds of any Casualty Event or from the sale or disposition of any Pledged Collateral.

Appears in 2 contracts

Samples: Security Agreement (Quest Resource Corp), Security Agreement (Quest Resource Corp)

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Proceeds of Casualty Events and Collateral Dispositions. The Pledgors shall take all actions required by the Second Lien Term Loan Agreement and the Intercreditor Credit Agreement with respect to any Net Cash Proceeds of any Casualty Event or from the sale or disposition of any Pledged Collateral.

Appears in 1 contract

Samples: Second Lien Pledge and Security Agreement (PGT, Inc.)

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