Common use of Recovering Creditor’s rights Clause in Contracts

Recovering Creditor’s rights. (a) Any amount paid by a Creditor (a “Recovering Creditor”) to the Security Agent under Clause ‎8 (Effect of Insolvency Event) or Clause ‎‎9 (Turnover of Receipts) shall be treated as having been paid by the relevant Debtor and distributed to the Security Agent, the other Agents and the other Primary Creditors (each a “Sharing Creditor”) in accordance with the terms of this Agreement.

Recovering Creditor’s rights. (a) Any amount paid or distributed by a Creditor (a “"Recovering Creditor”") to the Security Agent under Clause ‎8 9 (Effect of Insolvency Event) or Clause ‎‎9 10 (Turnover of Receipts) shall be treated as having been paid or distributed by the relevant Debtor and distributed to shall be applied by the Security Agent, the other Agents and the other Primary Creditors (each a “Sharing Creditor”) Agent in accordance with the terms Clause 16 (Application of this AgreementProceeds).

Recovering Creditor’s rights. (a) Any amount paid by a Creditor (a “Recovering Creditor”) to the Security Agent under Clause ‎8 (Effect of Insolvency Event) Section 7 or Clause ‎‎9 (Turnover of Receipts) Section 8 shall be treated as having been paid by the relevant Debtor and distributed to the Security Agent, the other Agents Facility Agent, Mandated Lead Arrangers, Lead Arranger and the other Primary Creditors (each a “Sharing Creditor”) in accordance with the terms of this Agreement.

Recovering Creditor’s rights. (a) Any amount paid or distributed by a Creditor (a “Recovering Creditor”) to the Security Agent under Clause ‎8 8 (Effect of Insolvency Event) or Clause ‎‎9 9 (Turnover of Receipts) shall be treated as having been paid or distributed by the relevant Debtor and distributed to the Security Agent, the other Agents Agent and the other Primary Creditors (each a “Sharing Creditor”) in accordance with the terms of this Agreement.

Recovering Creditor’s rights. (a) Any amount paid or distributed by a Creditor (a “Recovering Creditor”) to the Security Agent under Clause ‎8 7 (Effect of Insolvency Event) or Clause ‎‎9 8 (Turnover of Receipts) shall be treated as having been paid or distributed by the relevant Debtor and distributed to the Security Agent, the other Agents Agent and the other Primary Creditors (each a “Sharing Creditor”) in accordance with the terms of this Agreement.

Recovering Creditor’s rights. (a) Any amount paid or distributed by a Creditor (a “Recovering Creditor”) to the Security Agent under Clause ‎8 7 (Effect of Insolvency Event) or Clause ‎‎9 8 (Turnover of Receipts) shall be treated as having been paid or distributed by the relevant Debtor and distributed to shall be applied by the Security Agent, the other Agents and the other Primary Creditors (each a “Sharing Creditor”) Agent in accordance with the terms Clause 16 (Application of this AgreementProceeds).

Recovering Creditor’s rights. (a) Any amount paid paid, delivered or distributed by a Creditor (a “Recovering Creditor”) to the Security Agent under Clause ‎8 8 (Effect of Insolvency Event) or Clause ‎‎9 9 (Turnover of Receipts) on account of any receipt or recovery in respect of any Debtor shall be treated as having been paid paid, delivered or distributed by the relevant such Debtor and distributed to the Security Agent, the other Agents Agent and the other Primary Senior Creditors (each a “Sharing Creditor”) in accordance with the terms of this Agreement.

Recovering Creditor’s rights. (a) Any amount paid or distributed by a Creditor (a “Recovering Creditor”) to the Security Agent under Clause ‎8 9 (Effect of Insolvency Event) or Clause ‎‎9 11 (Turnover of Receipts) shall be treated as having been paid or distributed by the relevant Debtor and distributed to shall be applied by the Security Agent, the other Agents and the other Primary Creditors (each a “Sharing Creditor”) Agent in accordance with the terms Clause 17 (Application of this AgreementProceeds).

Recovering Creditor’s rights. (a) Any amount paid by a Creditor (a “Recovering Creditor”) to the Security Agent under Clause ‎8 13 (Effect of Insolvency Event) or Clause ‎‎9 14 (Turnover of Receipts) shall be treated as having been paid by the relevant Debtor or Security Grantor and distributed to the Security Agent, the other Agents Agents, Arrangers and the other Primary Creditors (each a “Sharing Creditor”) in accordance with the terms of this Agreement.

Recovering Creditor’s rights. (a) Any amount paid by a Creditor (a “Recovering Creditor”) to the Security Agent Trustee under Clause ‎8 9 (Effect of Insolvency Event) or Clause ‎‎9 10 (Turnover of Receipts) shall be treated as having been paid by the relevant Debtor and distributed to the Security Agent, the other Agents Trustee and the other Primary Creditors (each a “Sharing Creditor”) in accordance with the terms of this Agreement.

Recovering Creditor’s rights. (a) Any amount paid by a Creditor or an Operating Facility Lender (a “Recovering Creditor”) to the Security Agent under Clause ‎8 9 (Effect of Insolvency Event) or Clause ‎‎9 10 (Turnover of Receipts) shall be treated as having been paid by the relevant Debtor and distributed to the Security Agent, the other Agents and the other Agents, Arrangers, Co-Managers, Primary Creditors and Operating Facility Lenders (each a “Sharing Creditor”) in accordance with the terms of this Agreement.

Recovering Creditor’s rights. (a) Any amount paid by a Creditor (a “Recovering Creditor”) to the Security Agent Trustee under Clause ‎8 6 (Effect of Insolvency Event) or Clause ‎‎9 7 (Turnover of Receipts) shall be treated as having been paid by the relevant Debtor Obligor and distributed to the Security AgentTrustee, the other Agents Agents, Arrangers and the other Primary Creditors (each a “Sharing Creditor”) in accordance with the terms of this Agreement.

Recovering Creditor’s rights. (a) Any amount paid by a Creditor (a “Recovering Creditor”) to the Security Agent Trustee under Clause ‎8 clause 7 (Effect of Insolvency Event or Distress Event) or Clause ‎‎9 clause 8 (Turnover of Receiptsreceipts) shall be treated as having been paid by the relevant Debtor and distributed to the Security Trustee, the Senior Agent, the other Agents Arrangers and the other Primary Creditors (each a “Sharing Creditor”) in accordance with the terms of this AgreementDeed.

Recovering Creditor’s rights. (a) Any amount paid by a Creditor (a “Recovering Creditor”) to the Security Agent under Clause ‎8 9 (Effect of Insolvency Event) or Clause ‎‎9 10 (Turnover of Receipts) shall be treated as having been paid by the relevant Debtor and distributed to the Security Agent, the other Agents Agents, Arrangers and the other Primary Creditors (each a “Sharing Creditor”) in accordance with the terms of this Agreement.

Recovering Creditor’s rights. (a) Any amount paid by a Creditor (a “Recovering Creditor”) to the Security Agent Trustee under Clause ‎8 10 (Effect of Insolvency Event) or Clause ‎‎9 11 (Turnover of Receipts) shall be treated as having been paid by the relevant Debtor and distributed to the Security Agent, the other Agents Trustee and the other Primary Creditors (each a “Sharing Creditor”) in accordance with the terms of this Agreement.