Common use of Collection and Allocation of Payments and Other Amounts Clause in Contracts

Collection and Allocation of Payments and Other Amounts. The Lessee, the Construction Agent, the Agent, the Lenders, the Holders and the Borrower have agreed pursuant to the terms of Section 8.7 of the Participation Agreement to a procedure for the allocation and distribution of certain payments and distributions, including without limitation the proceeds of Collateral.

Appears in 14 contracts

Sources: Credit Agreement (Sabre Holdings Corp), Credit Agreement (Sabre Holdings Corp), Credit Agreement (Veritas Software Corp /De/)

Collection and Allocation of Payments and Other Amounts. The Lessee, the Construction Agent, the Agent, the Lenders, the Holders Bank and the Borrower have agreed pursuant to the terms of Section 8.7 of the Participation Agreement to a procedure for the allocation and distribution of certain payments and distributionspayments, including without limitation the proceeds of Collateral.

Appears in 2 contracts

Sources: Credit Agreement (Dollar Tree Stores Inc), Credit Agreement (Sterile Recoveries Inc)