Common use of RELATIVE PRIORITIES TO PROCEEDS OF LIQUIDATION Clause in Contracts

RELATIVE PRIORITIES TO PROCEEDS OF LIQUIDATION. (a) All distributions of proceeds of a Liquidation shall be net of payment over to the Collateral Agent as reimbursement for all reasonable third party costs and expenses incurred by the Collateral Agent and to Lenders' Special Counsel and to any funded reserve established pursuant to Section 14.6(a).

Appears in 5 contracts

Samples: Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (DSW Inc.)

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RELATIVE PRIORITIES TO PROCEEDS OF LIQUIDATION. (a) All distributions of proceeds of a Liquidation shall be net of payment over to the Collateral Agent Agents as reimbursement for all reasonable third party costs and expenses incurred by the Collateral Agent Agents and to Lenders' ’ Special Counsel and to any funded reserve established pursuant to Section 14.6(a13.6(a).

Appears in 3 contracts

Samples: Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc)

RELATIVE PRIORITIES TO PROCEEDS OF LIQUIDATION. (a) All distributions of proceeds of a Liquidation shall be net of payment over to the Collateral Agent as reimbursement for all reasonable third party costs and expenses incurred by the Collateral Agent and to Lenders' Special Counsel and to any funded reserve established pursuant to Section 14.6(a13.6(a).

Appears in 2 contracts

Samples: Loan and Security Agreement (Drugmax Inc), Loan and Security Agreement (Odd Job Stores Inc)

RELATIVE PRIORITIES TO PROCEEDS OF LIQUIDATION. (a) All distributions of proceeds of a Liquidation shall be net of payment over to the Collateral Agent Agents as reimbursement for all reasonable third party costs and expenses incurred by the Collateral Agent Agents and to Lenders' ’ Special Counsel and to any funded reserve established pursuant to Section 14.6(a14.7(a).

Appears in 1 contract

Samples: Loan and Security Agreement (Casual Male Retail Group Inc)

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RELATIVE PRIORITIES TO PROCEEDS OF LIQUIDATION. (a) All distributions of proceeds of a Liquidation shall be net of payment over to the Collateral Agent Agents as reimbursement for all reasonable third party costs and expenses incurred by the Collateral Agent Agents and to Lenders' Special Counsel and to any funded reserve established pursuant to Section 14.6(a13.6(a).

Appears in 1 contract

Samples: Value City Department Stores Inc /Oh

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