Common use of Application of Proceeds of Collateral Clause in Contracts

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 6 contracts

Sources: Indenture (Oscient Pharmaceuticals Corp), Indenture (Guardian II Acquisition CORP), Indenture (U.S. Shipping Partners L.P.)

Application of Proceeds of Collateral. Upon any realization upon the CollateralCollateral by the Collateral Agent, the proceeds thereof shall be applied in accordance with the terms of the Collateral Security Documents and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 3 contracts

Sources: Indenture (Electroglas Inc), Securities Purchase Agreement (Rockford Corp), Indenture (Rockford Corp)

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents Intercreditor Agreement and the terms hereof, subject to the terms of the Intercreditor AgreementSecurity Documents.

Appears in 2 contracts

Sources: Indenture (Haights Cross Operating Co), Indenture (Time Warner Telecom Inc)

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 2 contracts

Sources: Indenture (Neenah Foundry Co), Indenture (Neenah Foundry Co)

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Security Documents and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 1 contract

Sources: First Supplemental Indenture (Aaipharma Inc)

Application of Proceeds of Collateral. Upon any realization upon the CollateralCollateral by the Collateral Agent, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents Intercreditor Agreement and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 1 contract

Sources: Indenture (American Color Graphics Inc)

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents and the terms hereofapplied, subject to the terms of the Intercreditor Agreement, in accordance with the Collateral Documents and Section 6.08.

Appears in 1 contract

Sources: Indenture (E Trade Financial Corp)

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents and the terms hereofapplied, subject to the terms of the Intercreditor Agreement, in accordance with the Security Documents and Section 6.10(a).

Appears in 1 contract

Sources: Indenture (Hexacomb CORP)