Application of Collateral Proceeds. Subject to the Intercreditor Agreement and notwithstanding anything to the contrary in Section 5.01 or this Section 5.02, all proceeds of Collateral received by any Collateral Agent pursuant to the exercise of remedies against the Collateral, and all payments received upon and after the acceleration of any of the Obligations shall be, subject to the provisions of Section 2.14 and the Intercreditor Agreement, applied as set forth in this clause (f), as follows (subject to adjustments pursuant to any agreements entered into among the Lenders):
Appears in 3 contracts
Samples: Credit Agreement (ARKO Corp.), Credit Agreement (ARKO Corp.), Credit Agreement (ARKO Corp.)
Application of Collateral Proceeds. Subject to the Intercreditor Agreement and notwithstanding Notwithstanding anything to the contrary in Section 5.01 2.25 or this Section 5.022.26, all proceeds of Collateral received by any Collateral Administrative Agent pursuant to the exercise of remedies against the Collateral, and all payments received upon and after the acceleration occurrence and during the continuance of any an Event of the Obligations Default shall be, subject to the provisions of Section 2.14 2.20 and the Intercreditor Agreement, applied as set forth in this clause (fc), as follows (subject to adjustments pursuant to any agreements entered into among the Lenders):
Appears in 2 contracts
Samples: Second Lien Credit Agreement (RTI Surgical Holdings, Inc.), Assignment and Assumption (RTI Surgical Holdings, Inc.)
