Examples of Order of Application in a sentence
The Super Senior RCF and the Super Senior Hedges, according to the Intercreditor Agreement in certain circumstances, will rank with priority to the Bondsin accordance with Clause 15.1 ( Order of Application) in the Intercreditor Agreement.
See the following Order of Application and examples for guidance.
Order of Application Processing Each application will have a queue position for processing based on the order in which it was received except as otherwise determined through the initial lottery process and related waitlist provisions.
After giving effect to the special allocations in Sections 14.4 (Minimum Gain Chargeback) through 14.12 (Order of Application), Profits for any fiscal year or other period shall be allocated to the Members in proportion to their LLC Percentages.
If any of the Credit Parties receives any sum which, pursuant to any of the Credit Documents, should have been paid to the Collateral Agent and/or the Delegate Collateral Agent, that sum shall be held by that Credit Party for and to the order of the Secured Creditors and shall as soon as practicable be paid to the Collateral Agent for application in accordance with Clause 3.1 (Order of Application)).
Laid-off employees shall be recalled in the Order of Application by seniority to positions for which they are qualified from a recall list that will remain in effect for fifteen (15) months from the date of layoff.
All monies received, recovered or realised under this Debenture by the Security Agent or any Receiver or the powers conferred by it (including the proceeds of any conversion of currency) may in its discretion be credited to and held in any suspense or impersonal account pending their application from time to time in or towards the discharge of any of the Secured Obligations in accordance with Clause 18.1 (Order of Application).
A laid-off Employee shall be recalled in the Order of Application of seniority to positions for which he/she holds the required licensure and credentials to perform the work from a recall list that will remain in effect for fifteen (15) months from the date of layoff.
See the following Order of Application and example for guidance.Order of ApplicationFirst, use the credits which cannot be carried over and applied against your county tax in another year.
On the Maturity Date, the Borrower shall make a balloon payment, which is comprised of any unpaid principal balance plus any unpaid interest (accumulated or otherwise), costs, fees, and other charges associated with this Note (“Balloon Payment”), unless the Maturity Date is subject to Rollover as provided in Section 1.2 above.2.5 Order of Application of Payments.