Common use of Application of Proceeds from Collateral Clause in Contracts

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral, or if received after acceleration of the Loans by the Administrative Agent or the Lenders after an Event of Default arises shall be applied as follows:

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the CollateralCollateral by the Collateral Agent, or if received after acceleration of the Loans by the Administrative Agent or any of the Lenders after an Event of Default arises shall be applied as follows:in the manner set forth in the Collateral Agency Agreement.

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral, or if received after acceleration of the Loans Collateral by the Collateral Agent, the Administrative Agent Agent, Issuing Bank or any of the Lenders after an Event of Default arises shall be applied as follows:in the manner set forth in the Collateral Agency Agreement.