Incorrect Distribution Sample Clauses

Incorrect Distribution. If any Secured Party receives any proceeds in an amount in excess of the amount such Person is entitled to receive under the terms hereof, such Person shall (a) hold such excess proceeds in trust for the benefit of the Administrative Agent until paid over to the Administrative Agent and (b) shall promptly pay the excess amount of such proceeds to the Administrative Agent. The Administrative Agent shall promptly distribute the amount so received to the Secured Parties entitled thereto in accordance with the terms of this Section 2.18.

Incorrect Distribution. If either Secured Party or any Lender receives any Proceeds of the Shared Collateral in an amount in excess of the amount such party is entitled to receive under the terms hereof, such party shall (a) hold such excess Proceeds in trust for the benefit of the Revolver Agent until paid over to the Revolver Agent and (b) shall promptly pay the excess amount of such Proceeds to the Revolver Agent. The Revolver Agent shall promptly distribute the amount so received to the parties entitled thereto as determined in accordance with Section 2.6(c) of this Agreement.

Incorrect Distribution. If any Creditor receives any Proceeds in an amount in excess of the amount such Person is entitled to receive under the terms hereof, such Person shall (a) hold such excess Proceeds in trust for the benefit of the Collateral Agent until paid over to the Collateral Agent and (b) shall promptly pay the excess amount of such Proceeds to the Collateral Agent. The Collateral Agent shall promptly distribute the amount so received to the Creditors entitled thereto in accordance with the terms of Section 2.02.

Incorrect Distribution. If Collateral Agent or any Bank receives any Proceeds in an amount in excess of the amount such party is entitled to receive under the terms hereof, such party shall (a) hold such excess Proceeds in trust for the benefit of the Collateral Agent until paid over to the Collateral Account and (b) shall promptly pay the excess amount of such Proceeds to the Collateral Agent. The Collateral Agent shall promptly distribute the amount so received to the parties entitled thereto.

Incorrect Distribution. If any Secured Party receives any Proceeds of Collateral or any other Collections in an amount in excess of the amount such Person is entitled to receive under the terms hereof or otherwise receives any amounts or property on account of any Collateral during the continuance of a Notice of Acceleration (or after the commencement of an Insolvency Proceeding) that is inconsistent with the priorities described in Section 3.5, such Person shall (a) hold such excess amount in trust for the benefit of the Collateral Agent until paid over to the Collateral Agent and (b) shall promptly pay such excess amount to the Collateral Agent or turn such property over to the Collateral Agent in the same form as received. The Collateral Agent shall promptly distribute the amount or property so received in accordance with the terms of Section 3.5.

Incorrect Distribution. If any Joined Secured Party receives any Proceeds in an amount in excess of the amount such Person is entitled to receive under the terms hereof, such Person shall: (a) notify the Collateral Agent in writing of the amount of such excess Proceeds, (b) hold such excess Proceeds in trust for the benefit of the Collateral Agent until paid over to the Collateral Agent and (c) promptly pay the excess amount of such Proceeds to the Collateral Agent. The Collateral Agent shall promptly distribute the Proceeds so received in accordance with the terms of Section 2.2.

Incorrect Distribution. You agree to promptly return to us any assets mistakenly distributed to you.