Application of Sample Clauses
Application of. Article The provisions of this Article 5 apply on the occurrence of an Event of Default that is continuing.
Application of. ARTICLE 11: The terms of Article 11 on posting, transfer, and vacancies do not apply to a retired bargaining unit member. If the District offers to employ a retired bargaining unit member in a position, then that position is not vacant under the terms of Article 11.
Application of. Proceeds Any moneys received by the Security Trustee or by any Receiver appointed by it pursuant to this Debenture and/or under the powers hereby conferred shall, after the security constituted in this Debenture shall have become enforceable in accordance with its terms, but subject to the payment of any claims having priority to the security constituted by this Debenture and to the Security Trustee’s and such Receiver’s rights under Clauses 11.5 (Contingencies) and 12.2 (Powers of Receiver), be applied against the amounts due and payable under the Loan Documents in accordance with the provisions of Clause 5 (Application of Proceeds) of the Security Trust Deed.
Application of. Proceeds Any moneys received by the Administrative Agent or by any Receiver appointed by it pursuant to this Mortgage and/or under the powers hereby conferred shall, after the security constituted by this Mortgage shall have become enforceable in accordance with its terms, but subject to the payment of any claims having priority to the security constituted by this Mortgage and to the Administrative Agent’s and such Receiver’s rights under Clauses 9.4 (Contingencies) and 10.2 (Powers of Receiver), be applied against the amounts due and payable under the Loan Documents in accordance with the provisions of Section 2.13 (Payments and Computations) of the Facility Agreement.
Application of. ARTICLE Each member shall take such action as is necessary in its own territories for the purpose of making effective in terms of its own law the principles set forth in this Article and shall inform the Fund of the detailed action which it has taken.
Application of funds Unless Windsor otherwise agrees, any payments received by it shall be applied first in payment of any enforcement expenses, secondly in payment of any default interest, thirdly in payment of any interest accrued but unpaid, fourthly in payment of overdue instalments in order to which they were due, and fifthly in payment of all other money outstanding under this agreement. Any surplus will be paid to the Borrower subject to any right of set-off that Windsor may have however arising.
Application of receipts Except as expressly stated to the contrary in any Finance Document, any moneys which the Facility Agent receives or recovers in its capacity as Facility Agent shall be applied by the Facility Agent in accordance with Clause 34.5 (Application of receipts; partial payments).
Application of. PROCEEDS
Application of proceeds To the extent that the Agent or the Security Agent receives monies pursuant to or as a result of any breach of any Finance Document to be applied in discharging any obligation (whether actual or contingent, present or future) of any Obligor under any Finance Document, such monies shall be applied in the order set out in Clause 33.5 (Partial Payments).
Application of. 4.1.1.1. Visa and Bank agree that Bank has already satisfied any conditions to participating in the ** Program and, as a result, there is no need or requirement for Bank to ** Omitted pursuant to a confidential treatment request. The confidential portion has been filed separately with the SEC. ** referenced in ** of Exhibit III.