Proceeds to be Turned Over To Collateral Agent. Unless otherwise expressly provided in the Credit Agreement, all Proceeds received by the Collateral Agent hereunder in cash or Cash Equivalents shall be held by the Collateral Agent in a Cash Collateral Account. All Proceeds while held by the Collateral Agent in a Cash Collateral Account (or by such Grantor in trust for the Collateral Agent) shall continue to be held as collateral security for the Secured Obligations and shall not constitute payment thereof until applied as provided in the Credit Agreement.
Appears in 5 contracts
Samples: Pledge and Security Agreement (Knology Inc), Pledge and Security Agreement (Knology Inc), Pledge and Security Agreement (Knology Inc)
Proceeds to be Turned Over To Collateral Agent. Unless otherwise expressly provided in the Credit Agreement, all All Proceeds received by the Collateral Agent hereunder in cash or Cash Equivalents shall be held by the Collateral Agent in a Cash Collateral AccountAccount maintained under its sole dominion and control. All Proceeds while held by the Collateral Agent in a Cash Collateral Account (or by such Grantor in trust for the Collateral Agent) shall continue to be held as collateral security for the Secured Obligations and shall not constitute payment thereof until applied as provided in the Credit Agreement.
Appears in 2 contracts
Samples: Security Agreement (Merisant Worldwide, Inc.), Security Agreement (Merisant Co)
Proceeds to be Turned Over To Collateral Agent. Unless otherwise expressly provided in the Credit Agreement, all All Proceeds received by the Collateral Agent hereunder in cash or Cash Equivalents shall be held by the Collateral Agent in a Cash Collateral Account. All Proceeds while held by the Collateral Agent in a Cash Collateral Account (or by such Grantor in trust for the Collateral Agent) shall continue to be held as collateral security for the Secured Obligations and shall not constitute payment thereof until applied as provided in the Credit Agreementto such Secured Obligations.
Appears in 1 contract
Samples: Subordinated Pledge and Security Agreement (Opticare Health Systems Inc)
Proceeds to be Turned Over To Collateral Agent. Unless otherwise expressly provided in the Credit Agreement, all Proceeds received by the Collateral Agent hereunder in cash Money or Cash Equivalents shall be held by the Collateral Agent in a Cash Collateral Deposit Account. All Proceeds while held by the Collateral Agent in a Cash Collateral Deposit Account (or by such Grantor or Pledgor in trust for the Collateral Agent) shall continue to be held as collateral security for the Secured Obligations and shall not constitute payment thereof until applied as provided in the Credit Agreement.
Appears in 1 contract
Proceeds to be Turned Over To Collateral Agent. Unless otherwise expressly provided in the Credit Agreement, all All ---------------------------------------------- Proceeds received by the Collateral Agent hereunder in cash or Cash Equivalents shall be held by the Collateral Agent in a Cash Collateral Account. All Proceeds while held by the Collateral Agent in a Cash Collateral Account (or by such Grantor in trust for the Collateral Agent) shall continue to be held as collateral security for the Secured Obligations and shall not constitute payment thereof until applied as provided in the Credit Collateral Trust Agreement.
Appears in 1 contract
Proceeds to be Turned Over To Collateral Agent. Unless otherwise expressly provided in the Credit AgreementIndenture, all Proceeds proceeds received by the Collateral Agent hereunder in cash or Cash Equivalents shall be held by the Collateral Agent in a the Cash Collateral Account. All Proceeds while held by the Collateral Agent in a Cash Collateral Account (or by such the Grantor in trust for the Collateral Agent) shall continue to be held as collateral security for the Secured Note Obligations and shall not constitute payment thereof until applied as provided in the Credit AgreementIndenture.
Appears in 1 contract
Samples: Account Pledge and Security Agreement (China Natural Gas, Inc.)
Proceeds to be Turned Over To Collateral Agent. Unless otherwise expressly provided in the Credit AgreementIndentures, all Proceeds received by the Collateral Agent hereunder in cash or Cash Equivalents shall be held by the Collateral Agent in a Cash the Collateral Account. All Proceeds while held by the Collateral Agent in a Cash the Collateral Account (or by such the Grantor in trust for the Collateral Agent) shall continue to be held as collateral security for the Secured Obligations and shall not constitute payment thereof until applied as provided in the Credit Indentures and the Intercreditor Agreement.
Appears in 1 contract
Proceeds to be Turned Over To Collateral Agent. Unless otherwise expressly provided in the Credit Agreement, all All Proceeds received by the Collateral Agent hereunder in cash or Cash Equivalents shall be held by the Collateral Agent in a Cash Collateral Account. All Proceeds while held by the Collateral Agent in a Cash Collateral Account (or by such Grantor in trust for the Collateral Agent) shall continue to be held as collateral security for the Secured Obligations and shall not constitute payment thereof until applied as provided in the Credit Intercreditor Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (Hli Operating Co Inc)
Proceeds to be Turned Over To Collateral Agent. Unless otherwise expressly provided in the Credit Agreement, all Proceeds received by the Collateral Agent hereunder in cash or Cash Equivalents shall be held by the Collateral Agent in a Cash Collateral Account. All Proceeds while held by the Collateral Agent in a Cash Collateral Account (or by such Grantor or Pledgor in trust for the Collateral Agent) shall continue to be held as collateral security for the Secured Obligations and shall not constitute payment thereof until applied as provided in the Credit Agreement.
Appears in 1 contract
Proceeds to be Turned Over To Collateral Agent. Unless otherwise expressly provided in the Credit Agreement, all All Proceeds received by the Collateral Agent hereunder in cash or Cash Equivalents shall be held by the Collateral Agent in a the Cash Collateral AccountAccount or in any deposit account as the Collateral Agent shall reasonably deem necessary to establish. All Proceeds while held by the Collateral Agent in a the Cash Collateral Account (or by such Grantor in trust for the Collateral Agent) shall continue to be held as collateral security for the Secured Obligations and shall not constitute payment thereof until applied as provided in the Credit Agreement and in accordance with the Intercreditor Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (Foamex Capital Corp)
Proceeds to be Turned Over To Collateral Agent. Unless otherwise expressly provided in the Credit Agreement, all All Proceeds received by the Collateral Agent hereunder in cash or Cash Equivalents shall be held by the Collateral Agent in a Cash one or more deposit accounts as the Collateral AccountAgent shall reasonably deem necessary to establish. All Proceeds while held by the Collateral Agent in a Cash Collateral Account any deposit account (or by such Grantor in trust for the Collateral Agent) shall continue to be held as collateral security for the Secured Obligations and shall not constitute payment thereof until applied as provided in the Credit Indenture and in accordance with the Intercreditor Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (Foamex Capital Corp)
