Common use of Application of Moneys Clause in Contracts

Application of Moneys. All moneys received by way of enforcement (verhaal) by the Security Trustee of its rights under or by virtue of this Agreement shall be applied in accordance with the Trust Deed.

Appears in 17 contracts

Sources: Security Trustee Rights Pledge Agreement, Security Trustee Receivables Pledge Agreement, Security Trustee Receivables Pledge Agreement

Application of Moneys. β€Œ All moneys received by way of enforcement (verhaal) by the Security Trustee of its rights under or by virtue of this Agreement shall be applied in accordance with the Trust Deed.

Appears in 4 contracts

Sources: Security Trustee Rights Pledge Agreement, Receivables Pledge Agreement, Security Trustee Rights Pledge Agreement

Application of Moneys. β€Œ All moneys received by way of enforcement ("verhaal") by the Security Trustee of its rights under or by virtue of this Agreement shall be applied in accordance with the Trust Deed.

Appears in 1 contract

Sources: Security Trustee Receivables Pledge Agreement