Waterfall. (a) Subject to the provisions of this Agreement, all payments made by or on behalf of a US Borrower before the exercise of any rights arising under Article X, or otherwise, shall be applied by the Administrative Agent in each instance in the following order:
Appears in 2 contracts
Samples: Revolving Credit Agreement (Macquarie Infrastructure CO LLC), Revolving Credit Agreement (Macquarie Infrastructure CO LLC)
Waterfall. (a) Subject to the provisions of this Agreement, all payments made by or on behalf of a the US Borrower before the exercise of any rights arising under Article X, or otherwise, X shall be applied by the Administrative Agent in each instance in the following order:
Appears in 1 contract
Waterfall. (a) Subject to the provisions of this Agreement, all payments (other than payments described in Section 2.2(b)) made by or on behalf of a US Borrower the Loan Parties before the exercise of any rights arising under Article X, or otherwise, shall be applied by the Administrative Agent in each instance in the following order:
Appears in 1 contract
Samples: Guaranty and Credit Agreement (Macquarie Infrastructure CO LLC)
