Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 23 contracts
Samples: Credit and Guaranty Agreement (Core Scientific, Inc./Tx), Loan and Security Agreement (Core Scientific, Inc./Tx), Loan and Security Agreement (Par Pacific Holdings, Inc.)
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during an Event of DefaultDefault under Section 11.1(j), or during any other Event of Default at the discretion of Agent or Required Lenders, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 14 contracts
Samples: Abl Loan and Security Agreement (Rocky Brands, Inc.), Loan and Security Agreement (Mynd.ai, Inc.), Loan and Security Agreement (NewLake Capital Partners, Inc.)
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during During an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 7 contracts
Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.), Term Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Commercial Vehicle Group, Inc.)
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during while an Event of DefaultDefault is continuing, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:follows (subject to the terms of the Intercreditor Agreement):
Appears in 6 contracts
Samples: Term Loan and Security Agreement (DXP Enterprises Inc), Term Loan and Security Agreement (DXP Enterprises Inc), Loan and Security Agreement (DXP Enterprises Inc)
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on the Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 6 contracts
Samples: Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (American Vanguard Corp), First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.)
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:follows (subject to the terms of the Intercreditor Agreement):
Appears in 5 contracts
Samples: Loan Agreement (Key Energy Services Inc), Loan Agreement (Key Energy Services Inc), Loan and Security Agreement (Key Energy Services Inc)
Post-Default Allocation. Notwithstanding anything in any Loan Document herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff Collateral or otherwise, shall be allocated as follows:
Appears in 5 contracts
Samples: Credit Agreement (Calumet Specialty Products Partners, L.P.), Credit Agreement (Calumet Specialty Products Partners, L.P.), Credit Agreement (Calumet Specialty Products Partners, L.P.)
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, but subject to the Intercreditor Agreement, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 4 contracts
Samples: Loan Agreement (Horizon Global Corp), Loan Agreement (Horizon Global Corp), Loan Agreement (Horizon Global Corp)
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrarycontrary (but subject to Section 4.2.2), during an Event of Default, Default monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 4 contracts
Samples: Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.), Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.), Loan, Security and Guaranty Agreement (Hyster-Yale Materials Handling, Inc.)
Post-Default Allocation. Notwithstanding anything in any Loan Document herein to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 3 contracts
Samples: Credit Agreement (Covenant Logistics Group, Inc.), Loan and Security Agreement (Seneca Foods Corp), Loan and Security Agreement (Seneca Foods Corp)
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by ObligorsBorrowers, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 3 contracts
Samples: Credit and Security Agreement (Titan International Inc), Credit and Security Agreement (Titan International Inc), Credit and Security Agreement (Titan International Inc)
Post-Default Allocation. (a) Notwithstanding anything in any Loan Document to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on the Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 3 contracts
Samples: Loan and Security Agreement (Summer Infant, Inc.), Loan and Security Agreement (Summer Infant, Inc.), Term Loan and Security Agreement (Summer Infant, Inc.)
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on CollateralCollateral (subject to the Intercreditor Agreement), setoff or otherwise, shall be allocated as follows:
Appears in 2 contracts
Samples: Loan and Security Agreement (Us Concrete Inc), Loan and Security Agreement (Us Concrete Inc)
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during an Event of DefaultDefault under Section 11.1(j), or during any other Event of Default unless otherwise determined by Required Lenders, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 1 contract
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during the continuance of an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on the Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 1 contract
Samples: Loan and Security Agreement (Habit Restaurants, Inc.)
Post-Default Allocation. Notwithstanding anything in any DIP Loan Document to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 1 contract
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during an Event of Default, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated allocated, subject to Section 4.5, as follows:
Appears in 1 contract
Samples: Loan and Security Agreement (United Natural Foods Inc)
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during the continuation of an Event of Default, monies to be applied to the Obligations, whether arising from payments by ObligorsCredit Parties, realization on Collateral, setoff or otherwise, shall shall, at the request of the Required Lenders and subject to the provisions of Sections 2.1.6, 2.3.3 and 4.2 and the Intercreditor Agreement, be allocated as follows:
Appears in 1 contract
Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during an Event of Default, Default monies to be applied to the Obligations, whether arising from payments by Obligors, realization on Collateral, setoff or otherwise, shall be allocated as follows:
Appears in 1 contract
Samples: Loan and Security Agreement (Summit Midstream Partners, LP)
