Sharing Payments. If a Beneficiary (a “Recovering Beneficiary”) receives or recovers any amount from an Obligor other than in accordance with Clause 20 (Payments) and applies that amount to a payment due under the Finance Documents then:
Appears in 2 contracts
Sources: Ninth Supplemental Agreement (Bell Microproducts Inc), Tenth Supplemental Agreement (Bell Microproducts Inc)