Dividends Received. Cause (x) all dividends, distributions and proceeds received in respect of the Collateral Shares, whether in cash, securities or other property, to be promptly deposited into the Collateral Account and applied in accordance with the Loan Documents and (y) all Underlying Equity owned by the Parent Guarantor and its Subsidiaries at any time to be promptly deposited into the Collateral Account.
Appears in 2 contracts
Samples: Term Loan Credit Agreement (Blackstone Holdings I L.P.), Term Loan Credit Agreement (Rentech, Inc.)
Dividends Received. Cause (x) all dividends, distributions and proceeds received in respect of the Collateral Shares, whether in cash, securities or other property, to be promptly deposited into the Collateral Account and applied in accordance with the Loan Documents and (y) all Underlying Equity owned by the Parent Guarantor and its Subsidiaries at any time to be promptly deposited into the Collateral AccountDocuments.
Appears in 2 contracts
Samples: Term Loan Credit Agreement (Rentech Inc /Co/), Term Loan Credit Agreement (Rentech, Inc.)
