Common use of Payments After an Event of Default Clause in Contracts

Payments After an Event of Default. All payments received and amounts realized by the Secured Party pursuant to Section 8, including all such payments and amounts received after the entire unpaid principal and interest amount of the Notes has been declared due and payable, as well as all payments or amounts then held or thereafter received by the Secured Party as part of the Collateral while an Event of Default shall be continuing, shall be promptly applied and distributed by the Secured Party in the following order of priority:

Appears in 2 contracts

Samples: Security Agreement (Conversion Technologies International Inc), Security Agreement (Genta Incorporated /De/)

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Payments After an Event of Default. All payments received and amounts realized by the Secured Party pursuant to Section 8, including all such payments and amounts received after the entire unpaid principal and interest interest, if any, amount of the Notes Note has been declared due and payable, as well as all payments or amounts then held or thereafter received by the Secured Party as part of the Collateral while an Event of Default shall be continuing, shall be promptly applied and distributed by the Secured Party in the following order of priority:

Appears in 1 contract

Samples: Security Agreement (Caprius Inc)

Payments After an Event of Default. All payments received and amounts realized by the Secured Party pursuant to Section 8, including all such payments and amounts received after the entire unpaid principal and interest amount of the Notes Note has been declared due and payable, as well as all payments or amounts then held or thereafter received by the Secured Party as part of the Collateral while an Event of Default shall be continuing, shall be promptly applied and distributed by the Secured Party in the following order of priority:

Appears in 1 contract

Samples: Security Agreement (Forward Industries Inc)

Payments After an Event of Default. All payments received and amounts realized by the Secured Party Parties pursuant to Section 8, including all such payments and amounts received after the entire unpaid principal of, and interest amount of on, the Notes has have been declared due and payable, as well as all payments or amounts then held or thereafter received by the Secured Party Parties as part of the Collateral while an Event of Default shall be continuing, shall be promptly applied and distributed by to the Secured Party Parties in the following order of priority:

Appears in 1 contract

Samples: Security Agreement (Vinyl Products, Inc.)

Payments After an Event of Default. All payments received and amounts realized by the Secured Party pursuant to Section 89, including all such payments and amounts received after the entire unpaid principal and interest amount of the Notes Bridge Note has been declared due and payable, as well as all payments or amounts then held or thereafter received by the Secured Party as part of the Collateral while an Event of Default shall be continuing, shall be promptly applied and distributed by the Secured Party in the following order of priority:

Appears in 1 contract

Samples: Collateral Pledge and Security Agreement (Mandalay Media, Inc.)

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Payments After an Event of Default. All payments received and amounts realized by the Secured Party pursuant to Section 8, including all such payments and amounts received after the entire unpaid principal of, and interest amount of on, the Notes Note has been declared due and payable, as well as all payments or amounts then held or thereafter received by the Secured Party as part of the Collateral while an Event of Default shall be continuing, shall be promptly applied and distributed by to the Secured Party in the following order of priority:

Appears in 1 contract

Samples: Security Agreement (Premier Beverage Group Corp)

Payments After an Event of Default. All payments received and amounts realized by the Secured Party Parties pursuant to Section 8, including all such payments and amounts received after the entire unpaid principal of, and interest amount of on, the Notes has been declared due and payable, as well as all payments or amounts then held or thereafter received by the Secured Party Parties as part of the Collateral while an Event of Default shall be continuing, shall be promptly applied and distributed by to the Secured Party Parties in the following order of priority:

Appears in 1 contract

Samples: Security Agreement (Premier Beverage Group Corp)

Payments After an Event of Default. All payments received and amounts realized by the any Secured Party pursuant to Section 89, including all such payments and amounts received after the entire unpaid principal and interest amount of the Notes its Note has been declared due and payable, as well as all payments or amounts then held or thereafter received by the such Secured Party as part of the Collateral while an Event of Default shall be continuing, shall be promptly applied and distributed by the Secured Party in the following order of priority:

Appears in 1 contract

Samples: Pledge Agreement (India Globalization Capital, Inc.)

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