Common use of Application of Proceeds Clause in Contracts

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 81 contracts

Samples: Credit Agreement (CSG Systems International Inc), Credit Agreement (Spirit AeroSystems Holdings, Inc.), Credit Agreement (Rovi Corp)

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Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Credit Agreement.

Appears in 27 contracts

Samples: Security Agreement (NPC Operating Co B, Inc.), Security Agreement (Shuffle Master Inc), Security Agreement (AOL Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 22 contracts

Samples: Credit Agreement (Cpi International, Inc.), Credit Agreement (Basic Energy Services Inc), Credit Agreement (Basic Energy Services Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Credit Agreement.

Appears in 19 contracts

Samples: Security Agreement (SFBC International Inc), Security Agreement (Biglari Holdings Inc.), Security Agreement (Internap Network Services Corp)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this AgreementAgreement or any other Loan Document, promptly by the Collateral Agent as follows:

Appears in 12 contracts

Samples: Credit Agreement (Internap Corp), Credit Agreement (PHC Inc /Ma/), Credit Agreement (Merge Healthcare Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:follows (with, in the case of proceeds from a Borrowing Base Guarantor, a corresponding reduction in the Borrowing Base Guarantor Intercompany Loan Account):

Appears in 8 contracts

Samples: Credit Agreement (General Cable Corp /De/), Credit Agreement (General Cable Corp /De/), Credit Agreement (Broder Bros Co)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies remedies, or otherwise received after acceleration of the Loans, shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 8 contracts

Samples: Credit Agreement (Wynn Resorts LTD), Credit Agreement (Wynn Resorts LTD), Credit Agreement (Boyd Gaming Corp)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Security Agreement, promptly by in accordance with and as set forth in Section 8.03 of the Collateral Agent as follows:Credit Agreement.

Appears in 7 contracts

Samples: Credit Agreement (Bluefly Inc), Security Agreement (Hancock Fabrics Inc), Security Agreement (Big 5 Sporting Goods Corp)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with and as set forth in Section 8.03 of the Collateral Agent as follows:Credit Agreement.

Appears in 6 contracts

Samples: Security Agreement (Sportsman's Warehouse Holdings, Inc.), Credit Agreement (Barnes & Noble Inc), Security Agreement (Sportsman's Warehouse Holdings, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from from, or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in partshall, together with any other sums then held by the Collateral Agent pursuant to this AgreementAgent, promptly by be applied in accordance with Section 6.06 of the Collateral Agent as follows:Supplemental Indenture.

Appears in 4 contracts

Samples: Security Agreement (Intercept Pharmaceuticals, Inc.), Security Agreement (Intercept Pharmaceuticals, Inc.), Security Agreement (Intercept Pharmaceuticals, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:provided in the U.S. Intercreditor Agreement.

Appears in 4 contracts

Samples: Security Agreement (Crown Holdings Inc), Security Agreement (Crown Holdings Inc), Pledge Agreement (Crown Holdings Inc)

Application of Proceeds. The All proceeds received by the Collateral Agent in respect of any sale ofsale, any collection from from, or other realization upon all or any part of the Collateral in connection with the exercise of remedies pursuant to the exercise by the Collateral Agent Section 7.1(a) or (b) of its remedies this Agreement shall be applied, applied in full or in part, together with any other sums then held part by the Collateral Agent pursuant to this Agreement, promptly by against the Collateral Agent Secured Obligations as follows:

Appears in 4 contracts

Samples: Security Agreement (Inventergy Global, Inc.), Revenue Sharing and Note Purchase Agreement (Andrea Electronics Corp), Patent Security Agreement (Sito Mobile, Ltd.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreementthe Loan Documents, promptly by the Collateral Agent as follows:

Appears in 4 contracts

Samples: Credit Agreement (United Surgical Partners International Inc), Guarantee and Collateral Agreement (United Surgical Partners International Inc), Credit Agreement (United Surgical Partners International Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with Section 2.15(f) of the Collateral Agent as follows:Credit Agreement.

Appears in 4 contracts

Samples: Security Agreement (Tessera Holding Corp), Security Agreement (Maxlinear Inc), Security Agreement (Maxlinear Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 4 contracts

Samples: Credit Agreement (Norcraft Companies Lp), Credit Agreement (Norcraft Companies, Inc.), Credit Agreement (AP Gaming Holdco, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Security Agreement, promptly by in accordance with and as set forth in Section 8.03 of the Collateral Agent as follows:Credit Agreement (subject to the Intercreditor Agreement).

Appears in 4 contracts

Samples: Security Agreement (Pacific Sunwear of California Inc), Security Agreement (Pacific Sunwear of California Inc), Security Agreement (Pacific Sunwear of California Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies as a secured creditor as provided in Section 10 hereof shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 3 contracts

Samples: General Security Agreement (Wells Aluminum Corp), Securities Pledge Agreement (Carson Inc), Securities Pledge Agreement (Carson Inc)

Application of Proceeds. (a) The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral or Mortgaged Property pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 3 contracts

Samples: Security Agreement (Carrols Restaurant Group, Inc.), Second Lien Security Agreement (Carrols Restaurant Group, Inc.), Second Lien Security Agreement (Carrols Restaurant Group, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from from, or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in partshall, together with any other sums then held by the Collateral Agent pursuant to this AgreementAgent, promptly by be applied in accordance with Section 6.05 of the Collateral Agent as follows:Indenture.

Appears in 3 contracts

Samples: Security Agreement (Orexigen Therapeutics, Inc.), Security Agreement (Accelerate Diagnostics, Inc), Security Agreement (Orexigen Therapeutics, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies in accordance with the terms of the Loan Documents shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 2 contracts

Samples: Credit Agreement (HealthSpring, Inc.), Credit Agreement (HealthSpring, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise in accordance with the terms of the Loan Documents by the Collateral Agent of its remedies during an Event of Default shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 2 contracts

Samples: Credit Agreement (Leiner Health Services Corp.), Credit Agreement (GSE Lining Technology, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies after the occurrence and during the continuance of an Event of Default shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this AgreementAgreement or any other Loan Document, promptly by the Collateral Agent as follows:

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Credit Agreement and the Intercreditor Agreement.

Appears in 2 contracts

Samples: Second Lien Security Agreement (RiskMetrics Group Inc), Second Lien Term Security Agreement (Foamex International Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Security Agreement, promptly by in accordance with and as set forth in Section 7.02 of the Collateral Agent as follows:Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Supervalu Inc), Intercreditor Agreement (Supervalu Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held or received by the Collateral Agent pursuant to this Agreement, the Collateral Management Agreement or any other Loan Document, promptly by the Collateral Agent as follows:

Appears in 2 contracts

Samples: Credit Agreement (BioScrip, Inc.), Credit Agreement (BioScrip, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with and as set forth in Section 9.05 of the Collateral Agent as follows:Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (General Cable Corp /De/), Credit Agreement (General Cable Corp /De/)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with and as set forth in Section 8.03 of the Collateral Agent as follows:Credit Agreement.

Appears in 2 contracts

Samples: Security Agreement (Foot Locker Inc), Security Agreement (Foot Locker Inc)

Application of Proceeds. The proceeds received by the Noteholder Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Noteholder Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Noteholder Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Intercreditor Agreement and the Indenture.

Appears in 2 contracts

Samples: Security Agreement (SAExploration Holdings, Inc.), Security Agreement (SAExploration Holdings, Inc.)

Application of Proceeds. The Subject to Section 11.15 hereof, the proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Indenture.

Appears in 2 contracts

Samples: Security Agreement (Brocade Communications Systems Inc), Security Agreement (Brocade Communications Systems Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Security Agreement, promptly by in accordance with and as set forth in Section 8.04 of the Collateral Agent as follows:Credit Agreement.

Appears in 2 contracts

Samples: Security Agreement (FDO Holdings, Inc.), Security Agreement (FDO Holdings, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Credit Agreement. ARTICLE XI

Appears in 2 contracts

Samples: Security Agreement (Emdeon Inc.), Security Agreement (Emdeon Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with Section 8.02 of the Collateral Agent as follows:Credit Agreement.

Appears in 2 contracts

Samples: Security Agreement (Norcraft Holdings, L.P.), Canadian Security Agreement (Norcraft Holdings, L.P.)

Application of Proceeds. The All Distributions held from time to time by Collateral Agent and all proceeds received by the Collateral Agent in respect of any sale of, collection from from, or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies as a secured creditor as provided in Section 10 hereof shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 2 contracts

Samples: Securities Pledge Agreement (Carson Inc), Securities Pledge Agreement (Carson Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from from, or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in partshall, together with any other sums then held by the Collateral Agent pursuant to this AgreementAgent, promptly by be applied in accordance with Section 7.11 of the Collateral Agent as follows:Indenture.

Appears in 2 contracts

Samples: Form of Security Agreement (Biora Therapeutics, Inc.), Security Agreement (Biora Therapeutics, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Related Real Estate Collateral Security Agreement, promptly by in accordance with and as set forth in Section 7.02 of the Collateral Agent as follows:Credit Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Supervalu Inc), Intercreditor Agreement (Supervalu Inc)

Application of Proceeds. The proceeds received by the ----------------------- Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies as a secured creditor as provided in Section 10 hereof shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 2 contracts

Samples: Borrower General Security Agreement (Carson Products Co), Intellectual Property Security Agreement (Carson Products Co)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this AgreementAgreement or any other Loan Document, promptly by the Collateral Agent as follows:follows (subject to the terms of the Intercreditor Agreement):

Appears in 2 contracts

Samples: First Lien Credit Agreement (Critical Homecare Solutions Holdings, Inc.), Second Lien Term Loan Agreement (Critical Homecare Solutions Holdings, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with Section 8.03 of the Collateral Agent as follows:Credit Agreement.

Appears in 2 contracts

Samples: Security Agreement (SoulCycle Inc.), Security Agreement (SoulCycle Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:provided in the Collateral Sharing Agreement.

Appears in 2 contracts

Samples: Security Agreement (Constar International Inc), Security Agreement (Constar Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies after the occurrence and during the continuance of an Event of Default shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this AgreementAgreement or any other Loan Document, promptly by the Collateral Agent as follows:follows (subject to the terms of the Intercreditor Agreement):

Appears in 2 contracts

Samples: Intercreditor Agreement (KCG Holdings, Inc.), Credit Agreement (EPL Intermediate, Inc.)

Application of Proceeds. (a) The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral Secured Obligations pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by Agreement in accordance with Section 6.05 of the Collateral Agent as follows:Indenture.

Appears in 2 contracts

Samples: Security and Pledge Agreement (Porch Group, Inc.), Security and Pledge Agreement (Porch Group, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent Agents pursuant to this Agreement, promptly by the Collateral Administrative Agent as follows:

Appears in 2 contracts

Samples: Credit Agreement (Norcraft Companies Lp), Security Agreement (Norcraft Companies, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:provided in the Collateral Sharing Agreement, subject to the terms of the Intercreditor Agreement.

Appears in 1 contract

Samples: Security Agreement (Constar International Inc)

Application of Proceeds. The proceeds of any Collateral received in connection with the sale of, or collection on, such Collateral solely upon the exercise of remedies under the Collateral Documents, shall be applied by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as followsfollowing order:

Appears in 1 contract

Samples: Collateral Agency and Intercreditor Agreement (Chart Industries Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Indenture.

Appears in 1 contract

Samples: Security Agreement (LNT Leasing II, LLC)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, subject to the provisions of Section 2.14 and 2.15, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: Credit Agreement (Spirit AeroSystems Holdings, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Indenture.

Appears in 1 contract

Samples: Security Agreement (Granite Broadcasting Corp)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Credit Agreement. ARTICLE XI

Appears in 1 contract

Samples: Security Agreement (Atrium Companies Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: Credit Agreement (AGY Holding Corp.)

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Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral (other than New Incremental Loan Collateral) pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this AgreementAgreement or any other Loan Document, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: Credit Agreement (Internap Corp)

Application of Proceeds. (a) The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies (collectively, the “Collateral Proceeds”) shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: Seaspan Investment Pledge and Collateral Agent Agreement (Seaspan CORP)

Application of Proceeds. The Subject to the Carve-Out and Section 2.21, the proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: Credit Agreement (Revel AC, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: Security Agreement (Orbimage Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Credit Agreement and the Intercreditor Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (PGT, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies as a secured creditor as provided in Section 12 hereof shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: S. Security Agreement (Morris Material Handling Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:provided in Section 10.5 of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Crown Holdings Inc)

Application of Proceeds. The proceeds received by the Collateral Agent Agents in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by either of the Collateral Agent Agents of its their remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent Agents pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (LNT Leasing II, LLC)

Application of Proceeds. The proceeds received by the applicable Collateral Agent Agents in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the such Collateral Agent Agents of its their remedies shall be applied, in full or in part, together with any other sums then held by the such Collateral Agent Agents pursuant to this Agreement, promptly by the such Collateral Agent Agents as follows:

Appears in 1 contract

Samples: Option Credit Agreement (Linens N Things Inc)

Application of Proceeds. (a) The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent applied as follows:

Appears in 1 contract

Samples: Security Agreement (KCG Holdings, Inc.)

Application of Proceeds. (a) The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: Security Agreement (iPCS, INC)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Security Agreement, promptly by in accordance with and as set forth in Section 10.03 of the Collateral Agent as follows:Credit Agreement.

Appears in 1 contract

Samples: Credit and Guarantee Agreement (Infrastructure & Energy Alternatives, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with and as set forth in Section 8.03 of the Collateral Agent as follows:Credit Agreement. ARTICLE IXARTICLE VII

Appears in 1 contract

Samples: Credit Agreement (Barnes & Noble Education, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall shall, subject to any intercreditor or similar agreement with respect to the Obligations, be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this AgreementAgreement or any other Loan Document, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: Senior Secured Term Loan Credit Agreement (Internap Corp)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Second Lien Credit Agreement and the Intercreditor Agreement.

Appears in 1 contract

Samples: Pledge and Security Agreement (PGT, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral or Mortgaged Property pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by Agreement and any other Security Document or in the Collateral Agent as followsAccount, against the Secured Obligations in the order set forth in Exhibit 4:

Appears in 1 contract

Samples: Security Agreement (Tops PT, LLC)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Credit Agreement. 37

Appears in 1 contract

Samples: Security Agreement (BioScrip, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall shall, subject to the Intercreditor and Collateral Agency Agreement and any other intercreditor agreement or similar arrangement with respect to the Obligations, be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this AgreementAgreement or any other Loan Document, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: Term Loan Credit Agreement (Internap Corp)

Application of Proceeds. (a) The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral Secured Obligations pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by Agreement in accordance with Section 6.05 of the Collateral Agent as follows:Indenture.

Appears in 1 contract

Samples: Security and Pledge Agreement (Porch Group, Inc.)

Application of Proceeds. (a) The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral (other than Shared Collateral) pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this AgreementAgreement or any other Loan Document, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: Credit Agreement (Alcatel Lucent)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with Section 2.19(f) of the Collateral Agent as follows:Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Schulman a Inc)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies as a secured creditor as provided in Section 10 hereof shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:in the manner set forth in the Indenture and/or the Intercreditor Agreement.

Appears in 1 contract

Samples: Security Agreement (Rti Capital Corp)

Application of Proceeds. (a) The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: Security Agreement (Salem Communications Corp /De/)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Security Agreement, promptly by in accordance with and as set forth in Subsection 10.14 of the Collateral Agent as follows:Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (FDO Holdings, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with and as set forth in Section 9.03 of the Collateral Agent as follows:Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (International Coal Group, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with 117 any other sums then held or received by the Collateral Agent pursuant to this Agreement, the Collateral Management Agreement or any other Loan Document, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: Credit Agreement (BioScrip, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:terms of the Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Magnachip Semiconductor LLC)

Application of Proceeds. The Subject to the terms of the Collateral Agency Agreement, the proceeds received by the either Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the such Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the such Collateral Agent pursuant to this Agreement, promptly by the such Collateral Agent as follows:

Appears in 1 contract

Samples: Credit Agreement (Samsonite Corp/Fl)

Application of Proceeds. (a) The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this AgreementAgreement or any other Loan Document, promptly by the Collateral Agent as follows:

Appears in 1 contract

Samples: Credit Agreement (Inotiv, Inc.)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies as a secured creditor as provided in Section 9 hereof shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by the Collateral Agent as follows:in accordance with the terms of the Indenture and the Intercreditor Agreement.

Appears in 1 contract

Samples: Security Agreement (Doe Run Resources Corp)

Application of Proceeds. The proceeds received by the Collateral Agent in respect of any sale of, collection from or other realization upon all or any part of the Pledged Collateral pursuant to the exercise by the Collateral Agent of its remedies shall be applied, in full or in part, together with any other sums then held by the Collateral Agent pursuant to this Agreement, promptly by in accordance with the Collateral Agent as follows:Intercreditor Agreement.

Appears in 1 contract

Samples: Security Agreement (American Renal Associates LLC)

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