Common use of US Guaranty Agreement Clause in Contracts

US Guaranty Agreement. All amounts received from the Domestic Guarantors from collections under the US Guaranty Agreement when an Event of Default exists shall first be applied as payment of the accrued and unpaid fees of the Administrative Agent hereunder and then to all other unpaid or unreimbursed Obligations (including reasonable attorneys’ fees and expenses) owing to the Administrative Agent in its capacity as Administrative Agent only and then any remaining amount of such proceeds shall be distributed:

Appears in 3 contracts

Samples: Credit Agreement (IHS Inc.), Guaranty Agreement (IHS Inc.), Credit Agreement (IHS Inc.)

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US Guaranty Agreement. All amounts received from the Domestic US Guarantors from collections under the US Guaranty Agreement when an Event of Default exists shall first be applied as payment of the accrued and unpaid fees of the Administrative Agent hereunder and then to all other unpaid or unreimbursed Obligations (including reasonable attorneys’ fees and expenses) owing to the Administrative Agent in its capacity as Administrative Agent only and then any remaining amount of such proceeds shall be distributed:

Appears in 1 contract

Samples: Credit Agreement (IHS Markit Ltd.)

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