Application of the proceeds. Subject to the rights of any preferential creditors under any applicable law, the Security Trustee agrees with the Issuer to pay any sums received or recovered by the Security Trustee from or by the enforcement of the Issuer-Owned Bonds Security and/or the Cryptocurrency Security granted to secure the Security Trustee Claim in the following order:
Application of the proceeds. Subject to the rights of any preferential creditors under any applicable law, the Collateral Trustee agrees with the Issuer to pay any sums received or recovered by the Collateral Trustee from or by the enforcement of the Issuer-Owned Bonds Collateral and/or the Crypto-Asset Collateral granted to secure the Collateral Trustee Claim in the following order:
Application of the proceeds. The Trust Administrator, as assignee of the Authority, shall apply all amounts received under this Article VII as set forth in Section 13.03 of the Trust Agreement.
Application of the proceeds. All proceeds of any sale of the Collateral by the Secured Party pursuant to Section 6 shall be applied as follows: First, to the payment of all fees and expenses incurred by the Secured party in connection with any such sale including, but not limited to, all court costs and fees of counsel to the Secured Party in connection therewith; Second, to the payment of any amounts owing to the Secured Party by HCI hereunder; and Third, to HCI.
Application of the proceeds. All proceeds of any sale of the Collateral by Investor pursuant to paragraph 6 shall be applied as follows:
Application of the proceeds. All proceeds of any sale of the Collateral by Lender pursuant to Section 4 shall be applied as follows: (i) first, to the payment of all fees and expenses incurred by the Lender in connection with any such sale, including, but not limited to, the expenses of taking, advertising, processing, preparing and storing the Collateral to be sold, all court costs and reasonable fees of counsel for the Lender in connection therewith; (ii) second, to the payment of accrued interest, if any, on the Relevant Indebtedness, to the date of receipt of such proceeds; (iii) third, to the payment of the outstanding principal balance of the Relevant Indebtedness; and (iv) fourth, to the Company.
Application of the proceeds. (A) Mortgagee may apply the proceeds of an Enforcement Sale in the following order (regardless of whether Mortgagee itself purchases any or all of the Mortgaged Properties):
Application of the proceeds. All proceeds of any sale of the Collateral by the Secured Party pursuant to Section 6 shall be applied as follows:
Application of the proceeds. The Trustee, as assignee of the Corporation, shall apply all amounts received under this Article IX as set forth in Section 12.03 of the Trust Agreement.
Application of the proceeds. All proceeds of any sale of the --------------------------- Collateral by Secured Parties pursuant to Section 7 shall be applied as follows: First, to the payment of all fees and expenses incurred by Secured Parties in connection with any such sale, including, but not limited to, the expenses of taking, advertising, processing and preparing the Collateral to be sold, all court costs and reasonable fees of counsel for Secured Parties in connection therewith; Second, to the payment of accrued interest, if any, on the Notes, to the date of receipt of such proceeds, on a pro rata basis, based on each Secured Party's respective interest in the then unpaid Indebtedness;
