Common use of Order of Application Clause in Contracts

Order of Application. Subject to the rights of creditors mandatorily preferred by law applying to companies generally, the proceeds of enforcement of the Security conferred by the Security Documents, all recoveries by the Security Agent under guarantees of the Debt and all other amounts paid to the Security Agent pursuant to this Agreement shall be applied in the following order:

Order of Application. Subject to the rights of creditors mandatorily preferred by law applying to companies generally, the proceeds of enforcement of the Security conferred by the Security Documents, all recoveries by the Security Agent under guarantees of the Debt debt and all other amounts paid to the Security Agent pursuant to this Agreement shall be applied in the following order:

Order of Application. Subject to the rights of creditors mandatorily preferred by law applying to companies generally, the proceeds of enforcement of the Security conferred by the Security Documents, all recoveries by the Security Agent under guarantees of the Debt and all other amounts paid to the Security Agent pursuant to this Agreement shall be applied in the following order:

Order of Application. Subject to the rights of creditors mandatorily preferred by law applying to companies generally, the proceeds of enforcement of the Security conferred by the Security Documents, all recoveries by the Security Agent under guarantees of the Debt Documents and all other amounts paid to the Security Agent pursuant to this Agreement (including proceeds received in connection with bankruptcy or other insolvency proceedings or other Enforcement Actions) shall be applied in the following order:

Order of Application. (a) Subject to the rights of creditors mandatorily preferred by law applying to companies generally, the proceeds of enforcement of the Security conferred by the Transaction Security Documents, all recoveries Recoveries by the Security Agent under guarantees Guarantees of the Debt and all other amounts paid to the Security Agent pursuant to this Agreement (including proceeds received in connection with bankruptcy or other insolvency proceedings or other Enforcement Actions) shall be applied in the following order:

Order of Application. Subject to the rights of creditors mandatorily preferred by law applying to companies generally, the proceeds of enforcement of the Security conferred by the Transaction Security Documents, all recoveries Recoveries by the Security Agent under guarantees Guarantees of the Debt and all other amounts paid to the Security Agent pursuant to this Agreement (including proceeds received in connection with bankruptcy or other insolvency proceedings or other Enforcement Actions) shall be applied in the following order:

Order of Application. Subject to the rights of creditors mandatorily preferred by law applying to companies generally, the proceeds of enforcement of the Security conferred by the Security Documents, Documents and all recoveries by the Security Agent under guarantees of the Senior Debt and the Hedging Debt, and the High Yield Notes Guarantees shall be applied in the order set out from first to third below and all other amounts paid to the Security Agent pursuant to this Agreement shall be applied in the following order:

Order of Application. Subject to the rights of creditors mandatorily preferred by law applying to companies generallyany creditor with prior security or any preferential claims, the proceeds of enforcement of the Security conferred by the Security Documents, all recoveries Agreements will be applied by the Security Agent under guarantees of the Debt and all other amounts paid to the Security Agent pursuant to this Agreement shall be applied Creditors in the following order: