Common use of Application of Proceeds from Collateral Clause in Contracts

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Administrative Agent or any of the Lenders during the existence of an Event of Default shall be applied as follows:

Appears in 17 contracts

Samples: Credit Agreement (Fortegra Group, Inc), Credit Agreement (Fortegra Group, Inc), Credit Agreement (Tiptree Inc.)

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Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Administrative Agent or any of the Lenders during the existence of after an Event of Default arises shall be applied as follows:

Appears in 10 contracts

Samples: Revolving Credit and Term Loan Agreement (Strategic Education, Inc.), Revolving Credit and Term Loan Agreement (Strayer Education Inc), Pledge Agreement (Maximus Inc)

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral Collateral, or if received after acceleration of the Loans by the Administrative Agent or any of the Lenders during the existence of after an Event of Default arises shall be applied as follows:

Appears in 3 contracts

Samples: Credit Agreement (OHA Investment Corp), Revolving Credit Agreement (NGP Capital Resources Co), Revolving Credit Agreement (NGP Capital Resources Co)

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Administrative Agent or any of the Lenders during the existence of Lender after an Event of Default arises shall be applied as follows:

Appears in 2 contracts

Samples: Credit Agreement (Superior Uniform Group Inc), Credit Agreement (Superior Uniform Group Inc)

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Administrative Agent or any of the Lenders during the existence of after an Event of Default arises shall be applied as follows:

Appears in 2 contracts

Samples: Construction Loan Agreement, Term Loan Agreement

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Administrative Agent or any of the Lenders during the existence of after an Event of Default arises shall be applied as follows, subject to any Intercreditor Agreement:

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Strategic Education, Inc.), Revolving Credit and Term Loan Agreement (Strategic Education, Inc.)

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Administrative Agent, the Collateral Agent or any of the Lenders during the existence of after an Event of Default arises shall be applied as follows:

Appears in 1 contract

Samples: Credit Agreement (Enterprise Products Partners L P)

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Administrative Agent or any of the Lenders during the existence of Lender after an Event of Default arises shall be applied as follows:

Appears in 1 contract

Samples: Loan Agreement (Bovie Medical Corp)

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Administrative Agent or any of the Lenders during the existence continuance of an Event of Default shall be applied as follows:

Appears in 1 contract

Samples: Credit Agreement (Midstates Petroleum Company, Inc.)

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Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Administrative Agent or any of the Lenders during the existence of Secured Party after an Event of Default shall arises may, at the option of the Administrative Agent (and shall, upon the written request of the Required Lenders) be applied as follows:

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (HireQuest, Inc.)

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Collateral Agent, the Administrative Agent or any of the Lenders during the existence of after an Event of Default arises shall be applied as follows:in the manner set forth in the Collateral Agency Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Bristow Group Inc)

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Administrative Agent or any of the Lenders during the existence of after an Event of Default arises shall be applied as follows:

Appears in 1 contract

Samples: Loan and Security Agreement (CAI International, Inc.)

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Administrative Agent or any of the Lenders during the existence of Credit Provider after an Event of Default arises shall be applied as follows:

Appears in 1 contract

Samples: Revolving Credit Agreement (Innotrac Corp)

Application of Proceeds from Collateral. All proceeds from each sale of, or other realization upon, all or any part of the Collateral by the Collateral Agent, the Administrative Agent Agent, Issuing Bank or any of the Lenders during the existence of after an Event of Default arises shall be applied as follows:in the manner set forth in the Collateral Agency Agreement.

Appears in 1 contract

Samples: Letter of Credit Facility Agreement (Bristow Group Inc)

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