Common use of Replacement Collateral Clause in Contracts

Replacement Collateral. In the event that the Company decides pursuant to the foregoing provisions to apply any portion of the Net Proceeds from a Collateral Asset Sale or an Event of Loss to purchase or otherwise invest in Replacement Collateral:

Appears in 1 contract

Sources: Indenture (Maxcom Telecommunications Inc)

Replacement Collateral. In Under the terms of the indenture, in the event that the Company decides pursuant to the foregoing provisions to apply any portion of the Net Proceeds from a Collateral Asset Sale or an Event of Loss to purchase or otherwise invest in Replacement Collateral:

Appears in 1 contract

Sources: Recapitalization Agreement (Ventura Capital Privado, S.A. De C.V.)