Proceeds of Disposition. The proceeds of the sale, lease or other disposition of the whole or any part of the Collateral will be applied as follows:
Proceeds of Disposition. Subject to the claims, if any, of the prior secured creditors of the Debtor, all moneys received by the Creditor or by the Receiver pursuant to Section 5.2 will be applied as follows:
Proceeds of Disposition. 5.1 The proceeds of any sale or other disposition of all or any assets comprised in the Trust Fund shall be paid promptly and in no event later than two business days after such sale, together with any interest earned thereon:
Proceeds of Disposition. Subject to applicable law and any Charges ranking in priority to the Charges created hereby, all amounts realized from Charged Property pursuant hereto will be applied as the Secured Party may see fit within the following constraints:
Proceeds of Disposition. If the Agent or a Receiver sells or leases the Collateral pursuant to subsections 6.4 or 6.6, the proceeds of sale will be applied as follows:
Proceeds of Disposition. The Proceeds of the sale, lease or other disposition of the whole or any part of the Collateral will be applied to pay the amounts owed to the Secured Party under Section 7.6 and the Obligations, and, if any surplus remains in the hands of the Receiver or the Secured Party, that surplus will be distributed as required by the PPSA.
Proceeds of Disposition. The proceeds of any sale or other disposition of or collection of or other realization upon all or any part of the Collateral (together with any cash held as Collateral hereunder), shall be applied in the following order of priority: First, to pay the costs and expenses of collection, custody, sale or other disposition or delivery (including, without limitation, reasonable legal costs and attorneys’ fees) and all other charges incurred by the Secured Party with respect to the Collateral; Second, to the payment of the Secured Obligations pari passu in right of payment with the 12% Convertible Notes; and third, to pay any surplus to the Debtor or to any person or party lawfully entitled thereto, or as a court of competent jurisdiction may direct.
Proceeds of Disposition. The Trustee shall pay to ACII any proceeds resulting from the disposition of the Units which the Trustee may elect to dispose of pursuant to the Trustee’s investment power as described in Section 1 hereof. In lieu of receiving such proceeds and paying the same to ACII, the Trustee may submit a certification to Cornerstone Family Services LLC and CFSI LLC in writing directing the paying entity to pay such proceeds directly to ACII. Upon receipt of such written instructions, the paying entity shall be directed to pay such proceeds directly to ACII.
Proceeds of Disposition. The proceeds of any disposition ----------------------- after default available to satisfy the Obligation shall be applied to the Obligation in such order and in such manner as Secured Parties in their discretion shall decide.
Proceeds of Disposition. The net proceeds realized by Agent upon any such sale or disposition, after deducting therefrom the expenses related thereto such as for the retaking, holding, preparing for sale and selling any of the Collateral, the Auburn Collateral or the Burlen Collateral and all reasonable attorneys' fees incurred by the Agent in connection therewith, shall be applied as provided herein toward satisfaction of the Obligations based upon each Bank's Pro Rata Share. The Agent shall account to the Borrower for any surplus realized upon, and the Borrower shall remain liable to the Agent and the Banks for any deficiency remaining after such sale or other disposition.
