Common use of Second, to the extent Clause in Contracts

Second, to the extent. proceeds remain after the application pursuant to preceding clause, in the event of any proceeding for the collection or enforcement of any Obligations or Cash Management Obligations, after an Event of Default shall have occurred and be continuing, the expenses of retaking, holding, preparing for sale or lease, selling or otherwise disposing of or realizing on the Collateral, or of any exercise by the Administrative Agent of its rights hereunder, together with reasonable attorneys’ fees and court costs;