Application of Amounts After Default Sample Clauses

Application of Amounts After Default. All payments received by the Trustee with respect to the rental of the Property after a default by the City pursuant to Article VI of the Lease Agreement (including, without limitation, any proceeds received in connection with the sale, assignment or sublease of the Authority’s right, title and interest in the Ground Lease), and all damages or other payments received by the Trustee for the enforcement of any rights and powers of the Trustee under Article VI of the Lease Agreement, shall be deposited into the Base Rental Payment Fund and as soon as practicable thereafter applied, together with all other funds held hereunder (except funds in the Rebate Fund):
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Application of Amounts After Default. All payments received by the Trustee with respect to the rental of the Leased Property after a default by the City pursuant to Section 10.01 of the Sublease, and all damages or other payments received by the Trustee for the enforcement of any rights and powers of the Trustee under such Section 10.01 of the Sublease, shall be deposited into the Base Rental Payment Fund and as soon as practicable thereafter applied:
Application of Amounts After Default. If an Event of Default shall occur and be continuing, all Lease Revenues and any other funds thereafter received by the Trustee under any of the provisions of this Indenture shall be applied by the Trustee as follows and in the following order:
Application of Amounts After Default. Following the occurrence and during the continuance of an Event of Default, all payments and proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Trustee pursuant to Article VI of the Lease Agreement and the other Collateral Documents (including, without limitation, any proceeds received in connection with the sale, assignment or sublease of the Authority’s right, title and interest in the Ground Lease), and all damages or other payments received by the Trustee for the enforcement of any rights and powers of the Trustee under Article VI of the Lease Agreement and the other Collateral Documents, shall be deposited into a special account to be established by the Trustee hereunder for such purpose and as soon as practicable thereafter applied, together with all other funds held hereunder (except funds in the Rebate Account):
Application of Amounts After Default. Notwithstanding anything to the contrary contained herein, after a default by the City, all funds and accounts held by the Trustee and all payments received by the Trustee with respect to the rental of the Leased Property after a default by the City pursuant to Section 10.01 of the Facility Lease, and all damages or other payments received by the Trustee for the enforcement of any rights and powers of the Trustee under Section 10.01 of the Facility Lease, shall be deposited into the Revenue Fund and as soon as practicable thereafter applied:
Application of Amounts After Default. All payments received by the Trustee with respect to the rental of the Property after a default by the District pursuant to Article VI of the Lease Agreement (including, without limitation, any proceeds received in connection with the sale, assignment or sublease of the Corporation’s right, title and interest in the Ground Lease), and all damages or other payments received by the Trustee for the enforcement of any rights and powers of the Trustee under Article VI of the Lease Agreement, shall be deposited into the Base Rental Payment Fund and as soon as practicable thereafter applied:

Related to Application of Amounts After Default

  • Application of Collections On each Payment Date, all collections for the related Collection Period shall be applied by the Servicer as follows:

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