REPAYMENTS OF REVOLVING CREDIT LOANS AFTER EVENT OF DEFAULT. Following the occurrence and during the continuance of an Event of Default of which the account officers of the Agent active on the Borrowers' account have knowledge, all funds transferred to the BKB Concentration Account and for which the Borrowers have received credits shall be applied to the Obligations in accordance with ss.15.4.
Appears in 1 contract
Samples: Credit and Term Loan Agreement (Century Aluminum Co)
REPAYMENTS OF REVOLVING CREDIT LOANS AFTER EVENT OF DEFAULT. Following the occurrence and during the continuance of an Event of Default of which the account officers of the Administrative Agent active on the Borrowers' Borrower's account have actual knowledge, all funds transferred to the BKB Concentration Account and for which the Borrowers have Borrower has received credits shall be applied to the Obligations in accordance with ss.15.4ss.16.4.
Appears in 1 contract
REPAYMENTS OF REVOLVING CREDIT LOANS AFTER EVENT OF DEFAULT. Following the occurrence and during the continuance of an Event of Default of which the account officers of the Agent active on the Borrowers' Borrower's account have knowledge, all funds transferred to the BKB Concentration Account and for which the Borrowers have Borrower has received credits shall be applied to the Obligations in accordance with ss.15.4Section 14.4.
Appears in 1 contract
Samples: Revolving Credit Agreement (Aztec Technology Partners Inc /De/)
REPAYMENTS OF REVOLVING CREDIT LOANS AFTER EVENT OF DEFAULT. Following the occurrence and during the continuance of an Event of Default of which the account officers of the Agent active on the Borrowers' Borrower's account have knowledge, all funds transferred to the BKB Concentration Account and for which the Borrowers have Borrower or any Guarantor has received credits shall be applied to the Obligations in accordance with ss.15.4Section 14.4.
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Western Digital Corp)
