Common use of Post-Default Allocation Clause in Contracts

Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during an Event of Default under Section 11.1(j), or during any other Event of Default at the discretion of (including, for avoidance of doubt, pursuant to Section 5.7) 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 4 contracts

Samples: Loan, Security and Guarantee Agreement (National CineMedia, Inc.), Loan, Security and Guarantee Agreement (GEE Group Inc.), Loan, Security and Guarantee Agreement (Applied Optoelectronics, Inc.)

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Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrarycontrary but subject to the Intercreditor Agreement, during an Event of Default under Section 11.1(j11.1(i), (j) or (k), or during any other Event of Default at the discretion of (including, for avoidance of doubt, pursuant to Section 5.7) Agent or Required Lenders, monies to be applied to the Obligations, whether arising from payments by ObligorsXxxxxxxx, realization on Collateral, setoff or otherwise, shall be allocated as follows:

Appears in 2 contracts

Samples: Loan, Security and Guaranty Agreement (Atlas Energy Solutions Inc.), Loan, Security and Guaranty Agreement (Atlas Energy Solutions Inc.)

Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during an Event of Default under Section 11.1(j), or during any other Event of Default at the discretion of (including, for avoidance of doubt, pursuant to Section 5.7) 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 1 contract

Samples: Loan and Security Agreement (Adara Acquisition Corp.)

Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during an Event of Default under Section 11.1(j), or during any other Event of Default at the discretion of (including, for avoidance of doubt, pursuant to Section 5.7) Agent or Required Lenders, 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 1 contract

Samples: Loan and Security Agreement (U.S. Concrete, Inc.)

Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during an Event of Default under Section 11.1(j), or during any other Event of Default at the discretion of (including, for avoidance of doubt, pursuant to Section 5.7) Agent or Required Lenders, monies to be applied to the Obligations, whether arising from payments by ObligorsLoan Parties, realization on Collateral, setoff or otherwise, shall be allocated as follows:

Appears in 1 contract

Samples: Loan and Security Agreement (Computer Task Group Inc)

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Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrary, during when an Event of Default under Section 11.1(j)) has occurred and is continuing, or during when any other Event of Default has occurred and is continuing at the discretion of (including, for avoidance of doubt, pursuant to Section 5.7) 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 1 contract

Samples: Loan and Security Agreement (Amkor Technology, Inc.)

Post-Default Allocation. Notwithstanding Subject to Section 12.5, notwithstanding anything in any Loan Document to the contrary, during after an Event of Default under Section 11.1(j), has occurred and is continuing and the Agent so elects or during any other Event of Default at the discretion of (including, for avoidance of doubt, pursuant to Section 5.7) Agent or Required LendersLenders so direct, 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, Guaranty and Security Agreement (Quotient Technology Inc.)

Post-Default Allocation. Notwithstanding anything in any Loan Document to the contrarycontrary (other than the provisions of Section 8.8), during an Event of Default under Section 11.1(j), or during any other Event of Default at the discretion of (including, for avoidance of doubt, pursuant to Section 5.7) Agent or Required Lenders, monies to be applied to the Obligations, whether arising from payments by Obligors, realization on CollateralCollateral (for the sake of clarity, excluding Excluded Property), setoff or otherwise, shall be allocated as follows:

Appears in 1 contract

Samples: Loan and Security Agreement (Stonemor Inc.)

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