Post-Default Distributions. Following an Event of Default, any Loan Payments or Property Proceeds collected by the Servicer (“Post-Default Proceeds”) shall be applied by the Servicer and/or paid to the Lenders and the Servicer in the following order of priority:
Appears in 5 contracts
Samples: L Oan Servicing and Equity Interest Agreement, Loan Servicing and Equity Interest Agreement, Loan Servicing and Equity Interest Agreement