Common use of Proceedings To Collect Money Clause in Contracts

Proceedings To Collect Money. In case the Guarantor shall fail forthwith to pay such amounts due on this Agreement upon such demand, the Indenture Trustee (at the direction of the Aggregate Controlling Party), in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and may enforce the same against the Guarantor and collect in the manner provided by law out of the property of the Guarantor, wherever situated, the moneys adjudged or decreed to be payable.

Appears in 2 contracts

Samples: Guaranty and Collateral Agreement (Ihop Corp), Guaranty and Collateral Agreement (Ihop Corp)

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Proceedings To Collect Money. In case the Guarantor shall fail forthwith to pay such amounts due on this Agreement upon such demand, the Indenture Trustee at the direction of the Control Party (at the direction of the Aggregate Controlling PartyClass Representative), in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and may enforce the same against the Guarantor and collect in the manner provided by law out of the property of the Guarantor, wherever situated, the moneys adjudged or decreed to be payable.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Iconix Brand Group, Inc.)

Proceedings To Collect Money. In case the any Guarantor shall fail forthwith to pay such any amounts due on payable under this Agreement upon such demandwhen due, the Indenture Trustee at the direction of the Control Party (at the direction of the Aggregate Controlling PartyClass Representative), in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and may enforce the same against the any Guarantor and collect in the manner provided by law out of the property of the any Guarantor, wherever situated, the moneys adjudged or decreed to be payable.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (SPRINT Corp)

Proceedings To Collect Money. In case the any Guarantor shall fail forthwith to pay such amounts due on this Agreement Guaranty upon such demand, the Indenture Trustee (at the direction of the Aggregate Controlling Control Party), in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and may enforce the same against the any Guarantor and collect in the manner provided by law out of the property of the any Guarantor, wherever situated, the moneys adjudged or decreed to be payable.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Dominos Pizza Inc)

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Proceedings To Collect Money. In case the Guarantor shall fail forthwith to pay such amounts due on this Agreement Guaranty upon such demand, the Indenture Trustee at the direction of the Control Party (at the direction of the Aggregate Controlling PartyClass Representative), in its own name and as trustee of an express trust, trust may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and may enforce the same against the Guarantor and collect in the manner provided by law out of the property of the Guarantor, wherever situated, the moneys adjudged or decreed to be payable.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Sonic Corp)

Proceedings To Collect Money. In case the any Guarantor shall fail forthwith to pay such any amounts due on this Agreement Guaranty upon such demand, the Indenture Trustee at the direction of the Control Party (at the direction of the Aggregate Controlling PartyClass Representative), in its own name and as trustee of an express trust, may institute a Proceeding for the collection of the sums so due and unpaid, and may prosecute such Proceeding to judgment or final decree, and may enforce the same against the any Guarantor and collect in the manner provided by law out of the property of the any Guarantor, wherever situated, the moneys adjudged or decreed to be payable.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Dunkin' Brands Group, Inc.)

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