Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall be applied by the Administrative Agent as follows:
Appears in 29 contracts
Samples: Loan and Guarantee Agreement, Loan and Guarantee Agreement (Hawaiian Holdings Inc), Loan and Guarantee Agreement (Skywest Inc)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall be applied by the Administrative Agent as follows:
Appears in 14 contracts
Samples: Uncommitted Revolving Credit Agreement (Power Solutions International, Inc.), Credit Agreement (Northwest Natural Holding Co), Agreement (Power Solutions International, Inc.)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall be applied by the Administrative Agent as follows:follows:
Appears in 14 contracts
Samples: Loan and Guarantee Agreement, Loan and Guarantee Agreement, Loan and Guarantee Agreement
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall shall, subject to Section 2.20, be applied by the Administrative Agent as follows:
Appears in 12 contracts
Samples: Credit Agreement (Kimball International Inc), Credit Agreement (Rli Corp), Term Loan Agreement (National Fuel Gas Co)
Application of Payments. Notwithstanding anything herein to the contrary, following the acceleration of the Obligations after the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall shall, subject to Section 2.20, be applied by the Administrative Agent as follows:
Appears in 8 contracts
Samples: Credit Agreement (Apache Corp), Credit Agreement (Apache Corp), Credit Agreement (APA Corp)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall shall, subject to Section 2.21, be applied by the Administrative Agent as follows:
Appears in 8 contracts
Samples: Credit Agreement (Northwest Natural Gas Co), Credit Agreement (Northwest Natural Gas Co), Credit Agreement (Northwest Natural Holding Co)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations Obligations, including, without limitation, all proceeds of the Collateral, shall be applied by the Administrative Agent as follows:
Appears in 8 contracts
Samples: Credit Agreement (Ascend Wellness Holdings, Inc), Credit Agreement (TerrAscend Corp.), Credit Agreement (TerrAscend Corp.)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Parent Borrower or the Required Lenders, all payments received on account of the Obligations shall shall, subject to Section 2.23, be applied by the Administrative Agent as follows:
Appears in 7 contracts
Samples: Credit Agreement (Ultra Clean Holdings, Inc.), Credit Agreement (Ultra Clean Holdings, Inc.), Credit Agreement (Ultra Clean Holdings, Inc.)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of a Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall shall, subject to Section 2.22, be applied by the Administrative Agent as follows:
Appears in 5 contracts
Samples: Credit Agreement (Forestar Group Inc.), Credit Agreement (Forestar Group Inc.), Credit Agreement (Horton D R Inc /De/)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Secured Obligations shall be applied by the Administrative Agent as follows:
Appears in 5 contracts
Samples: Guarantee and Collateral Agreement (Exar Corp), Credit Agreement (SFX Entertainment, INC), Credit Agreement (SFX Entertainment, INC)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower Company or the Required Lenders, all payments received on account of the Obligations shall obligations hereunder shall, subject to Section 2.18 and Section 2.19, be applied by the Administrative Agent as follows:
Appears in 3 contracts
Samples: Credit Agreement (Sherwin Williams Co), Credit Agreement (Sherwin Williams Co), Credit Agreement (Sherwin Williams Co)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall shall, subject to Section 2.22, be applied by the Administrative Agent as follows:
Appears in 3 contracts
Samples: Credit Agreement (Trinity Industries Inc), Amended and Restatedcredit Agreement (Arcosa, Inc.), Credit Agreement (Arcosa, Inc.)
Application of Payments. Notwithstanding anything herein to the contrary, following the acceleration of the Obligations after the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall shall, subject to Section 2.21, be applied by the Administrative Agent as follows:
Appears in 3 contracts
Samples: Credit Agreement (Kayne Anderson Acquisition Corp), Credit Agreement (Kinetik Holdings Inc.), Credit Agreement (Kinetik Holdings Inc.)
Application of Payments. (a) Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall shall, subject to Section 2.21, be applied by the Administrative Agent as follows:.
Appears in 2 contracts
Samples: Credit Agreement (Ugi Corp /Pa/), Credit Agreement (Ugi Corp /Pa/)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Term Facility Borrower or the Required Lenders, all payments received on account of the Obligations shall, subject to Section 2.18, shall be applied by the Administrative Agent as follows:
Appears in 2 contracts
Samples: Term Loan Credit Agreement (PERRIGO Co PLC), Term Loan Credit Agreement (PERRIGO Co PLC)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall shall, subject to Section 2.22, be applied by the Administrative Agent as follows:
Appears in 2 contracts
Samples: Credit Agreement (P10, Inc.), Credit Agreement (P10, Inc.)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall, subject to Sections 2.23 and 2.24, shall be applied by the Administrative Agent as follows:
Appears in 2 contracts
Samples: Credit Agreement (Power Solutions International, Inc.), Credit Agreement (Power Solutions International, Inc.)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof hereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, Lenders all payments received on account of the Obligations shall shall, subject to Section 2.22, be applied by the Administrative Agent as follows:
Appears in 2 contracts
Samples: Credit Agreement (ESAB Corp), Credit Agreement (ESAB Corp)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall, subject to Sections 2.21 and 2.22, shall be applied by the Administrative Agent as follows:
Appears in 2 contracts
Samples: Credit Agreement (SWK Holdings Corp), Credit Agreement (SWK Holdings Corp)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Revolving Borrower or the Required Lenders, all payments received on account of the Obligations shall, subject to Section 2.20, shall be applied by the Administrative Agent as follows:
Appears in 2 contracts
Samples: Revolving Credit Agreement (PERRIGO Co PLC), Revolving Credit Agreement (PERRIGO Co PLC)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower Parent or the Required Lenders, all payments received on account of the Obligations shall, subject to SECTION 3.07 and SECTION 2.23, shall be applied by the Administrative Agent as follows:
Appears in 2 contracts
Samples: Revolving Credit Agreement, Revolving Credit Agreement (Enstar Group LTD)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, :all payments received on account of the Obligations shall shall, subject to Section 2.21, be applied by the Administrative Agent as follows:.
Appears in 1 contract
Samples: Security Agreement (Ugi Corp /Pa/)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall, subject to Section 2.26, shall be applied by the Administrative Agent as follows:
Appears in 1 contract
Samples: Credit Agreement (Skyward Specialty Insurance Group, Inc.)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall be applied by the Administrative Agent as follows:
Appears in 1 contract
Samples: Loan and Guarantee Agreement
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall shall, subject to Section 2.17, be applied by the Administrative Agent as follows:
Appears in 1 contract
Samples: Credit Agreement (Rli Corp)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Secured Obligations shall shall, subject to Section 2.21, be applied by the Administrative Agent as follows:
Appears in 1 contract
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of a Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Requisite Lenders, all payments received on account of the Obligations obligations under the Loan Documents and Other Related Documents shall be applied by the Administrative Agent as follows:
Appears in 1 contract
Samples: Loan Agreement (Howard Hughes Corp)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall shall, subject to SECTION 2.15, be applied by the Administrative Agent as follows:
Appears in 1 contract
Samples: Letter of Credit Facility Agreement (Enstar Group LTD)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall, subject to Section 2.22, shall be applied by the Administrative Agent as follows:
Appears in 1 contract
Application of Payments. . Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Obligations shall shall, subject to Section 2.22, be applied by the Administrative Agent as follows:
Appears in 1 contract
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Secured Obligations shall shall, subject to Section 2.20, be applied by the Administrative Agent as follows:
Appears in 1 contract
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower Borrowers or the Required Lenders, all payments received on account of the Obligations shall shall, subject to Section 2.20, be applied by the Administrative Agent as follows:
Appears in 1 contract
Samples: Credit Agreement (Schweitzer Mauduit International Inc)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower Company or the Required Lenders, all payments received on account of the Obligations shall be applied by the Administrative Agent as follows:: 57 57
Appears in 1 contract
Samples: Credit Agreement (Pricesmart Inc)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower or the Required Lenders, all payments received on account of the Borrower Obligations shall, subject to Sections 2.23, shall be applied by the Administrative Agent as follows:
Appears in 1 contract
Samples: Credit Agreement (Eaton Vance Corp)
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Parent Borrower or the Required Lenders, : all payments received on account of the Obligations shall shall, subject to Section 2.20, be applied by the Administrative Agent as follows:
Appears in 1 contract
Application of Payments. Notwithstanding anything herein to the contrary, following the occurrence and during the continuance of an Event of Default, and notice thereof to the Initial Lender and the Administrative Agent by the Borrower Borrowers or the Required Lenders, all payments received on account of the Obligations shall, subject to Sections 2.22 and 2.23, shall be applied by the Administrative Agent as follows:
Appears in 1 contract
Samples: Loan Agreement (Aaon, Inc.)
