Common use of Excepted Payments Clause in Contracts

Excepted Payments. Notwithstanding any other provision of this Agreement or the Security Documents, any Excepted Payment received at any time by the Agent shall be distributed promptly to the Person entitled to receive such Excepted Payment.

Appears in 15 contracts

Sources: Credit Agreement (Sabre Holdings Corp), Credit Agreement (Sabre Holdings Corp), Credit Agreement (Rf Micro Devices Inc)

Excepted Payments. Notwithstanding any other provision of this Agreement or the Security Documents, any Excepted Payment received at any time by the Administrative Agent shall be distributed promptly to the Person entitled to receive such Excepted Payment.

Appears in 7 contracts

Sources: Credit Agreement (Tech Data Corp), Credit Agreement (Tech Data Corp), Credit Agreement (Tech Data Corp)

Excepted Payments. Notwithstanding any other provision of this Agreement or the Security Operative Documents, any Excepted Payment received at any time by the Agent shall be distributed promptly to the Person entitled to receive such Excepted PaymentPayment pursuant to the Operative Documents.

Appears in 5 contracts

Sources: Participation Agreement (Yahoo Inc), Participation Agreement (Vitesse Semiconductor Corp), Participation Agreement (Triquint Semiconductor Inc)

Excepted Payments. Notwithstanding any other provision of this Agreement or the Security Documents, any Excepted Payment received at any time by the Agent Bank shall be distributed promptly to the Person entitled to receive such Excepted Payment.

Appears in 2 contracts

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

Excepted Payments. Notwithstanding any other provision of ----------------- this Agreement or the Security DocumentsLoan Agreement, any Excepted Payment received at any time by the Agent shall be distributed promptly to the Person entitled to receive such Excepted PaymentPayment pursuant to the Operative Documents.

Appears in 1 contract

Sources: Loan Agreement (Mail Well Inc)