Common use of Replacement Collateral Clause in Contracts

Replacement Collateral. In the event that the Issuer decides pursuant to the foregoing provisions to apply any portion of the Net Cash Proceeds from a Collateral Asset Sale or an Event of Loss to purchase or otherwise invest in Replacement Collateral,

Appears in 2 contracts

Samples: Indenture (Vitro Sa De Cv), Indenture (Vitro Sa De Cv)

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Replacement Collateral. In the event that the Issuer Borrower decides pursuant to the foregoing provisions to apply any portion of the Net Cash Proceeds from a Collateral Asset Sale or an Event of Loss to purchase or otherwise invest in Replacement Collateral,

Appears in 2 contracts

Samples: Loan Agreement (Vitro Sa De Cv), Loan Agreement (Vitro Sa De Cv)

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