Examples of Shared Collateral Documents in a sentence
The Intercreditor Agreement provides that any cash proceeds realized as a result of the sale of the Shared Collateral are to be held for the equal benefit of all parties to the Intercreditor Agreement, to be applied first to pay costs of collection and second to pay the indebtedness under the Shared Collateral Documents pro rata based on the unpaid principal amount of such indebtedness.
Intercreditor and Shared Collateral Documents (as defined in Annex 2 to the ECCA) (other than following the Funding Date, the Depository Agreement and the Account Control Agreement).
The Borrower and the Grantors confirm that (i) references in the Shared Collateral Documents to the Existing DHI Credit Agreement, as modified (whether by amendment, amendment and restatement, supplement, replacement, modification or other like description of modification), now refer to the Credit Agreement and (ii) the Obligations under the Credit Agreement remain secured under the Shared Collateral Documents.