Common use of Sums received by Obligors Clause in Contracts

Sums received by Obligors. If any of the Obligors receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security Agent, that sum shall be held by that Obligor on trust for the Finance Parties and shall promptly be paid to the Security Agent for application in accordance with this Clause.

Appears in 5 contracts

Samples: Supplemental Agreement (Innospec Inc.), Facilities Agreement (Octel Corp), Multicurrency Revolving Facility Agreement (Innospec Inc.)

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Sums received by Obligors. If any of the Obligors receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security AgentTrustee, that sum shall be held by that Obligor on trust for the Finance Parties and shall promptly be paid to the Security Agent Trustee for application in accordance with this ClauseClause 32.

Appears in 5 contracts

Samples: Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.)

Sums received by Obligors. If any of the Obligors receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security Agent, that sum shall be held by that Obligor on trust for the Finance Parties and shall promptly be paid to the Security Agent for application in accordance with this Clause.

Appears in 5 contracts

Samples: Amendment and Restatement Agreement (Alliance Data Systems Corp), Senior Facilities Agreement (Alliance Data Systems Corp), Multipurpose Facilities Agreement (SunOpta Inc.)

Sums received by Obligors. If any of the Obligors receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security Agent, that sum shall be held by that Obligor on trust for the Finance Parties and shall promptly be paid to the Security Agent for application in accordance with this ClauseClause 31.6 (Sums received by Obligors).

Appears in 3 contracts

Samples: Facility Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.)

Sums received by Obligors. If any of the Obligors receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security AgentTrustee, that sum shall be held by that Obligor on trust for the Finance Parties and shall promptly be paid to the Security Agent Trustee for application in accordance with this ClauseClause 33.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Validus Holdings LTD), Amendment and Restatement Agreement (Validus Holdings LTD), Amendment and Restatement Agreement (Validus Holdings LTD)

Sums received by Obligors. If any of the Obligors receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security AgentTrustee, that sum shall be held by that Obligor on trust for the Finance Parties and shall promptly be paid to the Security Agent Trustee for application in accordance with this ClauseClause 35.

Appears in 2 contracts

Samples: £200,000,000 Multi Currency Term, Revolving Credit Facilities Agreement (Iron Mountain Inc), Facility Agreement (Yell Finance Bv)

Sums received by Obligors. If any of the Obligors receives any sum which, pursuant to any of the Finance Guaranteed Documents, should have been paid to the Security Agent, that sum shall be held by that Obligor on trust for the Finance Parties and shall promptly be paid to the Security Agent for application in accordance with this Clauseclause 35.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Hanover Insurance Group, Inc.)

Sums received by Obligors. If any of the Obligors an Obligor receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security Agent, that sum shall be held by that Obligor on trust for the Finance Parties and shall promptly be paid to the Security Agent for application in accordance with this ClauseClause 30.

Appears in 1 contract

Samples: Term Facility Agreement (Enstar Group LTD)

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Sums received by Obligors. If any of the Obligors receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security AgentTrustee, that sum shall be held by that Obligor on trust for the Finance Parties and shall promptly be paid to the Security Agent Trustee for application in accordance with this Clause.

Appears in 1 contract

Samples: Secured Facilities Agreement (Solutia Inc)

Sums received by Obligors. If any of the Obligors receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security Agent, that sum shall be held by that Obligor on trust for the Finance Parties and shall promptly be paid to the Security Agent for application in accordance with this Clauseclause.

Appears in 1 contract

Samples: Multipurpose Facilities Agreement (SunOpta Inc.)

Sums received by Obligors. If any of the Obligors receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security Agent, that sum shall be held by that Obligor on trust for the Finance Parties and shall promptly be paid to the Security Agent for application in accordance with this ClauseClause 31.

Appears in 1 contract

Samples: Loan Agreement (Hanarotelecom Inc)

Sums received by Obligors. If any of the Obligors receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security Agent, that sum shall be held by that Obligor on trust for the Finance Parties and shall promptly be paid to the Security Agent for application in accordance with this ClauseClause 30 and/or the Intercreditor Agreement (as applicable).

Appears in 1 contract

Samples: Senior Facilities Agreement (OneSmart International Education Group LTD)

Sums received by Obligors. If any of the Obligors an Obligor receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security Agent, that sum shall be held by that Obligor on trust for the Finance Parties and shall promptly be paid to the Security Agent for application in accordance with this Clauseclause 30.

Appears in 1 contract

Samples: Term Facility Agreement (Enstar Group LTD)

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