Common use of Distribution of Liquidation Proceeds Clause in Contracts

Distribution of Liquidation Proceeds. Subject to the terms and conditions hereof, the Agent shall distribute all Liquidation Proceeds in the order and manner set forth below: First: To the Agent, towards any fees and any expenses for which the Agent is entitled to reimbursement under this Agreement or the other Loan Documents not theretofore paid to the Agent.

Appears in 8 contracts

Samples: Loan Agreement (Winthrop Realty Trust), Loan Agreement (Newkirk Master Lp), Credit and Security Agreement (Chartermac)

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Distribution of Liquidation Proceeds. Subject to the terms and conditions hereof, the Agent shall distribute all Liquidation Proceeds in the order and manner set forth below: First: To the Agent, towards any fees and any expenses for which the Agent is entitled to reimbursement under this Agreement or the other Loan Documents (including, pursuant to any Hedging Agreement provided by Agent) not theretofore paid to the Agent.

Appears in 1 contract

Samples: Construction Loan Agreement (CNL Growth Properties, Inc.)

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Distribution of Liquidation Proceeds. Subject to the terms and conditions hereof, the Agent shall distribute all Liquidation Proceeds in the order and manner set forth below: First: To the Agent, towards any fees and any expenses for which the Agent is entitled to reimbursement under this Agreement or the other Loan Credit Documents not theretofore paid to the Agent.

Appears in 1 contract

Samples: Reimbursement Agreement (Charter Municipal Mortgage Acceptance Co)

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