Common use of Variation of order of application Clause in Contracts

Variation of order of application. The Security Trustee may, with the authorisation of the Lenders and the Swap Banks by notice to the Borrowers, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.

Variation of order of application. The Security Trustee may, with the authorisation of the Lenders and the Swap Banks Bank by notice to the BorrowersBorrower, the Security Parties and the other Creditor Parties provide for a different manner of application from that set out in Clause 17.1 either as regards a specified sum or sums or as regards sums in a specified category or categories.