Redistribution of payments. The Security Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Secured Parties (other than the Recovering Creditor) in accordance with paragraph 19.1 (Order of application).
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Samples: Facility Agreement (Marine Harvest ASA), Facility Agreement (Marine Harvest ASA), Facility Agreement (Marine Harvest ASA)
Redistribution of payments. The Security Agent shall treat the Sharing Payment as if it had been paid by any of the relevant Obligor Obligors, as the case may be, and distribute it between the Secured Finance Parties (other than the Recovering CreditorFinance Party) in accordance with paragraph 19.1 Clause 23.5 (Order Partial payments) of application)the GIEK Facility Agreement and Clause 22.5 (Partial payments) of the Loan Facility Agreement, subject to Clause 14 (Payments by the Obligors) of this Agreement.
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Samples: Common Terms Agreement (Seadrill Partners LLC), Common Terms Agreement (Seadrill Partners LLC)
Redistribution of payments. The Security Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Senior Secured Parties, Unsecured Senior Notes Finance Parties, Unsecured Senior Noteholders, the High Yield Notes Finance Parties and High Yield Noteholders (other than the Recovering Creditor) in accordance with paragraph 19.1 the applicable provisions of Clause 20 (Order Application of applicationRecoveries).
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Redistribution of payments. The Security Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Secured Parties and the High Yield Notes Finance Parties (other than the Recovering Creditor) in accordance with paragraph 19.1 Clause 22.1 (Order of application).
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