APPLICATION OF SUMS RECEIVED. (a) General Sums received from the Borrower shall only discharge its payment obligations if received in accordance with the terms of this Contract.
APPLICATION OF SUMS RECEIVED. All sums received under this Agreement by the Agent, on behalf of the Lenders, or by any of the Lenders for any reason whatsoever will, without prejudice to complementary provisions of the Mortgage, be applied:
APPLICATION OF SUMS RECEIVED. Subject to the other provisions of this clause 27, the Security Trustee shall apply all amounts standing to the credit of any account referred to in clause 27.3 and any other amounts realised pursuant to the exercise of any rights or powers it might have pursuant to any of the Security Documents:
APPLICATION OF SUMS RECEIVED. Sums received by the Bank following a demand under Article 10.01 shall be applied first in payment of expenses, interest and indemnities and secondly in reduction of the outstanding instalments in inverse order of maturity. The Bank may apply sums received between Tranches at its discretion.
APPLICATION OF SUMS RECEIVED. 8.1 The Administrator shall apply all amounts received by the CBC and the Security Trustee under any of the Transaction Documents, if any, in accordance with the Trust Deed, including in particular, without limitation, Clauses 12, 13, 14, 15, 16 and 17 thereof.
APPLICATION OF SUMS RECEIVED. Sums received from the Company shall only discharge its payment obligations if and when received in accordance with the terms of this Agreement.
APPLICATION OF SUMS RECEIVED. The Administrator shall apply all amounts received by the CBC and the Security Trustee under any of the Transaction Documents, if any, in accordance with the Trust Deed, including in particular, without limitation, Clauses 12, 13, 14, 15, 16 and 17 thereof. The Administrator shall, if any corporate income tax is levied on the CBC, ensure that arrangements are made with the appropriate tax authorities that tax is due on a quarterly basis and shall make the relevant payments, on behalf of the CBC, in accordance with the applicable Priority of Payments as set forth in the Trust Deed.
APPLICATION OF SUMS RECEIVED. 27.4 Subject to the other provisions of this Clause 27 (Trustee Provisions), the Security Trustee shall apply all amounts standing to the credit of any account referred to in Clause 27.3 (Sums Received by the Security Trustee) and any other amounts realised pursuant to the exercise of any rights or powers it might have pursuant to any of the Security Documents:
APPLICATION OF SUMS RECEIVED. All sums received under this Agreement by either of the Lenders or by SOCIETE GENERALE, on behalf of the Lenders, for any reason whatsoever will, without prejudice to complementary provisions of the Mortgages, be applied:
APPLICATION OF SUMS RECEIVED. Sums received following a demand under this Clause 5 shall be applied first in payment of damages, fees and interest in that order and secondly in reduction of outstanding sums otherwise due.
