Before Event of Default Sample Clauses

Before Event of Default. Notwithstanding anything contained in this Debenture or the Indenture, at any time before the Collateral Agent has given notice to the Chargors and to the relevant financial institutions of the occurrence of an Event of Default which is continuing, unremedied and unwaived, each Chargor shall have the exclusive right to exercise all rights, powers and remedies in relation to its Bank Accounts.

Before Event of Default. If no Event of Default exists, all amounts described in Section 5.01 and deposited into the Waterfall Account during each Pricing Period shall be applied by Buyer by no later than the next following Remittance Date (except as set forth below) in the following order of priority: first, to pay to Buyer an amount equal to the Price Differential accrued with respect to all Purchased Assets as of such Remittance Date; second, to pay to Buyer an amount equal to all default interest, late fees, fees, expenses and Indemnified Amounts then due and payable from Seller to Buyer and other applicable Persons under the Repurchase Documents (other than any amounts owed to the Custodian under the Custodial Agreement); third, to pay to Buyer an amount sufficient to eliminate any outstanding Margin Deficit (without limiting Seller's obligation to satisfy a Margin Deficit in a timely manner as required by Section 4.01); fourth, to pay any custodial fees and expenses due and payable to Custodian under the Custodial Agreement; fifth, with respect to each Purchased Asset, to pay to Buyer an amount equal to the product of (a) any Principal Payments collected in respect of such Purchased Asset and (b) the Applicable Percentage for such Purchased Asset to be applied in reduction of the outstanding Purchase Price of such Purchased Asset; sixth, to pay to Buyer any other amounts due and payable to Buyer under the Repurchase Documents; seventh, to pay to any other Person any other amounts due and payable from Seller or any other Repurchase Party to such other Person under the Repurchase Documents; and eighth, if a Default has occurred and is continuing, any remainder to be held in the Waterfall Account until the next Remittance Date or, if no Default or Event of Default has occurred and is continuing, to pay to Seller any remainder for its own account, subject, however, to the covenants and other requirements of the Repurchase Documents.

Before Event of Default. The voting rights in respect of the Pledged ----------------------- Shares and any other Pledged Collateral shall be exercised by the Pledgors until the occurrence of an Event of Default (as defined below); provided that the Pledgors shall not vote in any manner which could reasonably be expected to materially impair the security interests granted herein.

Before Event of Default. If no Event of Default exists, all amounts described in Section 5.01 and deposited into the Waterfall Account during each Pricing Period shall be applied by Buyer by no later than the next following Remittance Date (except as set forth below) in the following order of priority:

Before Event of Default. If no Event of Default exists, all Income described in Section 5.01 and received during each Pricing Period shall be applied by Collection Account Bank at the Buyer’s discretion by no later than the next following Remittance Date in the following order of priority: first, to pay to Buyer an amount equal to the Price Differential accrued with respect to all Purchased Assets as of such Remittance Date;