Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 73 contracts
Samples: Loan and Security Agreement (Houston Wire & Cable CO), Loan and Security Agreement (Conns Inc), Loan and Security Agreement (Olympic Steel Inc)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, if so directed by the Required Lenders or at Agent’s discretion, monies to be applied to the Obligations, whether arising from payments by Obligorsthe Loan Parties, realization on Collateral, setoff setoff, or otherwise, shall be allocated as follows:
Appears in 12 contracts
Samples: Credit Agreement (Adit EdTech Acquisition Corp.), Credit Agreement (Adit EdTech Acquisition Corp.), Term Loan Credit Agreement (Team Inc)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as followsfollows and subject to the Intercreditor Agreement:
Appears in 9 contracts
Samples: Term Loan Agreement (Apparel Holding Corp.), Term Loan Agreement (Apparel Holding Corp.), Term Loan Agreement (Apparel Holding Corp.)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall shall, at the option of Agent or the direction of Required Lenders, be allocated as follows:
Appears in 7 contracts
Samples: Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, if so directed by the Required Lenders or at the Agent’s discretion, monies to be applied to the Obligations, whether arising from payments by Obligorsthe Loan Parties, realization on Collateral, setoff setoff, or otherwise, shall be allocated as follows:
Appears in 7 contracts
Samples: Loan and Security Agreement (Trade Desk, Inc.), Loan and Security Agreement (Trade Desk, Inc.), Loan and Security Agreement (Trade Desk, Inc.)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligorsor on behalf of any Obligor, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 6 contracts
Samples: Loan and Security Agreement (Callaway Golf Co), Loan and Security Agreement (Callaway Golf Co), Loan and Security Agreement (Callaway Golf Co)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff Collateral or otherwise, shall be allocated as follows:
Appears in 5 contracts
Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.), Credit Agreement, Loan and Security Agreement (Superior Essex Inc)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by the Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 5 contracts
Samples: Loan and Security Agreement (Amkor Technology Inc), Loan and Security Agreement (Amkor Technology Inc), Loan, Security and Guaranty Agreement (Foundation Healthcare, Inc.)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, if so directed by the Required Lenders or at Agent’s discretion, monies to be applied to the Obligations, whether arising from payments by Obligorsthe Loan Parties, realization on Collateralsetoff, setoff or otherwise, shall be allocated as follows:
Appears in 4 contracts
Samples: Unsecured Term Loan Credit Agreement (Team Inc), Term Loan Credit Agreement (Team Inc), Term Loan Credit Agreement (Corre Horizon Fund, Lp)
Allocation. Notwithstanding anything herein to the contrary, during the continuation of an Event of Default, monies to be applied to the Obligations, whether arising from payments by ObligorsCredit Parties, realization on Collateral, setoff or otherwise, shall shall, subject to the provisions of Sections 2.3.3 and 4.2, be allocated as follows:
Appears in 3 contracts
Samples: Loan and Security Agreement (Lawton Surgery Investment Company, LLC), Loan and Security Agreement (Capella Healthcare, Inc.), Loan and Security Agreement (NPMC Holdings, LLC)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by ObligorsBorrowers, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 2 contracts
Samples: Loan and Security Agreement (Cooper Tire & Rubber Co), Loan and Security Agreement (Cooper Tire & Rubber Co)
Allocation. Notwithstanding anything herein to the contrary, during an Event of DefaultApplication Event, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 2 contracts
Samples: Credit Agreement (Apparel Holding Corp.), Credit Agreement (Apparel Holding Corp.)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff setoff, compensation or otherwise, shall be allocated as follows:
Appears in 2 contracts
Samples: Loan and Security Agreement (McJunkin Red Man Holding Corp), Loan and Security Agreement (South Texas Supply Company, Inc.)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by ObligorsObligated Party, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 2 contracts
Samples: Term Loan and Security Agreement (Sport Chalet Inc), Loan and Security Agreement (Sport Chalet Inc)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligorsor on behalf of Loan Parties, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 2 contracts
Samples: Loan, Security and Guaranty Agreement (Transport America, Inc.), Loan, Security and Guaranty Agreement (Transport America, Inc.)
Allocation. Notwithstanding anything herein to the contrary, during the continuance of an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 1 contract
Samples: Loan and Security Agreement (Leapfrog Enterprises Inc)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:: a first, to all costs and expenses, including Extraordinary Expenses, owing to Agent;
Appears in 1 contract
Samples: Loan, Guaranty and Security Agreement (Sanmina-Sci Corp)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 1 contract
Samples: Convertible Note Purchase Agreement (Cross Country Healthcare Inc)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated to such Obligations as follows:
Appears in 1 contract
Samples: Loan and Security Agreement (Multi Fineline Electronix Inc)
Allocation. Notwithstanding anything herein to the contrarycontrary (but subject always to Applicable Law), during an Event of Default, monies to be applied to the Obligations, whether arising from payments by ObligorsLoan Party, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 1 contract
Samples: Loan and Security Agreement (Hudson Highland Group Inc)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, if so directed by the Required Lenders or at Agent's discretion, monies to be applied to the Obligations, whether arising from payments by Obligorsthe Loan Parties, realization on Collateral, setoff setoff, or otherwise, shall be allocated as follows:
Appears in 1 contract
Samples: Credit Agreement (Team Inc)
Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by ObligorsObligated Parties, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 1 contract
