Prove in Liquidation. Each Borrower and Guarantor irrevocably authorizes Agent and each of its authorized representatives to prove in the liquidation of any Loan Party for all money that the Borrower or Guarantor can claim against the Loan Party on any account. Agent need only account to the Borrower or Guarantor for dividends it receives in excess of the Obligations, without interest.
Appears in 4 contracts
Samples: Credit Agreement (SWK Holdings Corp), Credit Agreement (Parnell Pharmaceuticals Holdings Pty LTD), Credit Agreement (Parnell Pharmaceuticals Holdings Pty LTD)
