Securities for other money. Each Finance Party may apply any amounts received by it or recovered under any: (a) Collateral Security; or (b) other document or agreement, which is a security for any of the Secured Moneys and any other money in the manner it determines in its absolute discretion.
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Samples: Term Facility Agreement (Paringa Resources LTD), Project Facility Agreement (Paringa Resources LTD), Syndicated Convertible Loan Facility Agreement (Samson Oil & Gas LTD)
Securities for other money. Each Senior Finance Party may apply any amounts received by it or recovered under any:
(a) Collateral Security; or
(b) other document or agreement, which is a security for any of the Secured Moneys and any other money in the manner it determines in its absolute discretion.
Appears in 1 contract
Samples: Syndicated Multi Currency Senior Facilities Agreement (Worldwide Restaurant Concepts Inc)
Securities for other money. Each The Finance Party Parties may apply any amounts received by it or recovered under any:
(a) Collateral Security; or
(b) any other document or agreement, agreement which is a security for any of the Secured Moneys and Money Owing, or any other money it receives or recovers from an Obligor, in the manner it determines in its absolute discretion.
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