Common use of Turn-Over Clause in Contracts

Turn-Over. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Obligor), each Guarantor shall, if the Trustee so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Trustee, the Collateral Agent, and the Holders and deliver such payments to the Trustee on account of the Guaranteed Obligations (including all Post Petition Interest as referred to in Section 1307(b)), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this Guaranty.

Turn-Over. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Obligorthe Issuer), each the Guarantor shall, if the Trustee Trustee, on behalf of the Noteholders, so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Trustee, the Collateral Agent, and the Holders Trustee and deliver such payments to the Trustee Trustee, on behalf of the Noteholders, on account of the Guaranteed Obligations (including all Post Petition Interest as referred to in Section 1307(b)Interest), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such the Guarantor under the other provisions of this Guaranty.

Turn-Over. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other ObligorNote Party), each Guarantor shall, if the Trustee Required Holders so requestsrequest, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Trustee, the Collateral Agent, and the Holders Noteholders and deliver such payments to the Trustee Noteholders, pro rata, on account of the Guaranteed Obligations (including all Post Petition Interest as referred to in Section 1307(b)Interest), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such Guarantor under the other provisions of this Guaranty.

Turn-Over. After the occurrence and during the continuance of any Event of Unmatured Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Obligorthe Guaranteed Borrower), each the Guarantor shall, if the Trustee Administrative Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Trustee, the Collateral Agent, and the Holders Beneficiaries and deliver such payments to the Trustee Administrative Agent on account of the Guaranteed Obligations (including all Post Petition Interest as referred to in Section 1307(b)Interest), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such the Guarantor under the other provisions of this Guaranty.

Turn-Over. After the occurrence and during the continuance of any Unmatured Default or any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Obligorthe Borrower), each the Guarantor shall, if the Trustee Lender so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Trustee, the Collateral Agent, and the Holders Lender and deliver such payments to the Trustee Lender on account of the Guaranteed Obligations (including all Post Petition Interest as referred to in Section 1307(b)Interest), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such the Guarantor under the other provisions of this Guaranty.

Turn-Over. After the occurrence and during the continuance of any Event of Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other ObligorNote Party), each Guarantor shall, if the Trustee Required Holders so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Trustee, the Collateral Agent, and the Holders Noteholders and deliver such payments to the Trustee Noteholders, pro rata, on account of the Guaranteed Obligations (including all Post Petition Interest as referred to in Section 1307(b)Interest), together with any necessary endorsements or other instruments of transfer, but without -7- 107 reducing or affecting in any manner the liability of such Guarantor under the other provisions of this Guaranty.

Turn-Over. After the occurrence and during the continuance of any Event of a Default or Unmatured Default (including the commencement and continuation of any proceeding under any Bankruptcy Law relating to any other Obligorthe Guaranteed Borrower), each the Guarantor shall, if the Trustee Agent so requests, collect, enforce and receive payments on account of the Subordinated Obligations as trustee for the Trustee, the Collateral Agent, and the Holders Beneficiaries and deliver such payments to the Trustee Agent on account of the Guaranteed Obligations (including all Post Petition Interest as referred to in Section 1307(b)Interest), together with any necessary endorsements or other instruments of transfer, but without reducing or affecting in any manner the liability of such the Guarantor under the other provisions of this Guaranty.