Apportionment and Application. (i) All payments shall be remitted to Lender and all such payments, and all proceeds of Collateral received by Lender, shall be applied as follows:
Appears in 9 contracts
Samples: Loan and Security Agreement (Swank, Inc.), Credit Agreement (Cryolife Inc), Loan and Security Agreement (Lazy Days R.V. Center, Inc.)
Apportionment and Application. (i) All Subject to Section 2.4(b)(ii), all payments shall be remitted to Lender and all such payments, and all proceeds of Collateral received by Lender, shall be applied as follows:
Appears in 2 contracts
Samples: Loan and Security Agreement (Overstock Com Inc), Loan and Security Agreement (OVERSTOCK.COM, Inc)
Apportionment and Application. (i) All payments shall be remitted to Lender and all such payments, payments and all proceeds of Collateral received by Lender, shall be applied as follows:
Appears in 2 contracts
Samples: Senior Secured Credit Agreement (Cray Inc), Credit Agreement (Easylink Services Corp)
