Payments Recoveries and Collections Clause Samples

Payments Recoveries and Collections. 128131 10.1 Payment Procedure. 128131 10.2 Application of Proceeds of Collateral 129132 10.3 Pro-rata Recovery 129132 10.4 Treatment of a Defaulting Lender; Reallocation of Defaulting Lender’s Fronting Exposure. 130132