Common use of Allocation Clause in Contracts

Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Secured Obligations, whether arising from payments by or on behalf of any Loan Party, realization on Collateral, setoff or otherwise, shall be allocated as follows:

Appears in 9 contracts

Samples: Abl Credit Agreement (Target Hospitality Corp.), Abl Credit Agreement (Target Hospitality Corp.), Abl Credit Agreement (Target Hospitality Corp.)

AutoNDA by SimpleDocs

Allocation. Notwithstanding anything herein to the contrary, upon the occurrence and during the continuance of an Event of Default, monies to be applied to the Secured Obligations, whether arising from payments by or on behalf of any the Loan PartyParties, realization on Collateral, setoff or otherwise, shall be allocated as follows:

Appears in 7 contracts

Samples: Credit Agreement (Ollie's Bargain Outlet Holdings, Inc.), Possession Credit Agreement (Tuesday Morning Corp/De), Credit Agreement (Ollie's Bargain Outlet Holdings, Inc.)

Allocation. Notwithstanding anything herein in any Loan Document to the contrary, during an Event of Default, monies to be applied to the Secured Obligations, whether arising from payments by or on behalf of any Loan Party, realization on Collateral, setoff or otherwise, shall be allocated as follows:

Appears in 3 contracts

Samples: Credit Agreement (Clean Harbors Inc), Credit Agreement (Clean Harbors Inc), Credit Agreement (Clean Harbors Inc)

Allocation. Notwithstanding anything herein to the contrary, upon the occurrence and during the continuance of an Event of Default, monies to be applied to the Secured ObligationsObligations (including the Prepayment Premium, if owed), whether arising from payments by or on behalf of any the Loan PartyParties, realization on Collateral, setoff or otherwise, shall be allocated as follows:

Appears in 3 contracts

Samples: Credit Agreement (Tuesday Morning Corp/De), Credit Agreement (Tuesday Morning Corp/De), Credit Agreement (Tuesday Morning Corp/De)

Allocation. Notwithstanding anything herein to the contrary, during the continuance of an Event of Default, monies to be applied to the Secured Obligations, whether arising from payments by or on behalf of any Loan Party, realization on Collateral, setoff or otherwise, shall shall, in each case, be allocated as follows:

Appears in 3 contracts

Samples: Abl Credit Agreement (WillScot Mobile Mini Holdings Corp.), Abl Credit Agreement (WillScot Mobile Mini Holdings Corp.), Abl Credit Agreement (WillScot Mobile Mini Holdings Corp.)

Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Secured Obligations, whether arising from payments by or on behalf of any Loan Party, realization on Collateral, setoff or otherwise, shall be allocated as follows:

Appears in 1 contract

Samples: Credit Agreement (Clean Harbors Inc)

Allocation. Notwithstanding anything herein to the contrary, during the continuance of an Event of Default, monies to be applied to the Secured Obligations, whether 151 arising from payments by or on behalf of any Loan Party, realization on Collateral, setoff or otherwise, shall shall, in each case, be allocated as follows:

Appears in 1 contract

Samples: Abl Credit Agreement (WillScot Mobile Mini Holdings Corp.)

Allocation. Notwithstanding anything herein to the contrary, during an Event of Default, monies to be applied to the Secured Obligations, whether arising from payments by or on behalf of any Loan Party, realization on Collateral, setoff or otherwise, shall be allocated as follows:

Appears in 1 contract

Samples: Loan Agreement (M/a-Com Technology Solutions Holdings, Inc.)

AutoNDA by SimpleDocs

Allocation. Notwithstanding anything herein to the contrary, during at any time an Event of DefaultDefault has occurred and is continuing, monies to be applied to the Secured Obligations, whether arising from payments by or on behalf of any Loan PartyParties, realization on Collateral, setoff or otherwise, shall be allocated as follows:

Appears in 1 contract

Samples: Assignment and Assumption Agreement (HollyFrontier Corp)

Allocation. Notwithstanding anything herein to the contrary, upon the occurrence and during the continuance of an Event of Default, if so directed by the Required Lenders or at Agent’s discretion, monies to be applied to the Secured Obligations, whether arising from payments by or on behalf of any the Loan PartyParties, realization on Collateral, setoff setoff, or otherwise, shall be allocated as follows:

Appears in 1 contract

Samples: Credit Agreement (Stitch Fix, Inc.)

Allocation. Notwithstanding anything herein to the contrarycontrary (but subject to Section 4.2 with respect to Defaulting Lenders), during an Event of Default, monies to be applied to the Secured Obligations, whether arising from payments by or on behalf of any Loan Party, realization on Collateral, setoff or otherwise, shall be allocated as follows:

Appears in 1 contract

Samples: Intercreditor Agreement (MRC Global Inc.)

Allocation. Notwithstanding anything herein or in any other Loan Document to the contrary, during an Event of Default, if so directed by the Required Lenders or at Administrative Agent’s discretion, monies to be applied to the Secured Obligations, whether arising from payments by or on behalf of any Loan PartyCredit Parties, realization on Collateral, setoff by exercise of setoff, or otherwise, shall be allocated as follows:

Appears in 1 contract

Samples: Credit Agreement (Alpha Metallurgical Resources, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.