Application of Payments Under Subsidiary Guaranty. All payments received by Collateral Agent under the Subsidiary Guaranty shall be applied promptly from time to time by Collateral Agent in the following order of priority:
Appears in 4 contracts
Samples: Credit Agreement (Sherman Acquisition Corp), Credit Agreement (Account Portfolios Gp Inc), Credit Agreement (Gulf State Credit LLP)
Application of Payments Under Subsidiary Guaranty. All payments received by Collateral Agent under the Subsidiary Guaranty shall be applied promptly from time to time by Collateral Agent in accordance with the following order terms of priority:the Intercreditor Agreement.
Appears in 1 contract
Samples: Term Loan Agreement (Loews Cineplex Entertainment Corp)
