Common use of Application of Proceeds of Collateral Clause in Contracts

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 6 contracts

Samples: Funding Guarantor (U.S. Shipping Partners L.P.), Indenture (Guardian II Acquisition CORP), Indenture (Oscient Pharmaceuticals Corp)

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Application of Proceeds of Collateral. Upon any realization upon the CollateralCollateral by the Collateral Agent, the proceeds thereof shall be applied in accordance with the terms of the Collateral Security Documents and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 3 contracts

Samples: Electroglas Inc, Securities Purchase Agreement (Rockford Corp), Rockford Corp

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Security Documents and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 2 contracts

Samples: Tenneco Automotive Inc, Williams Scotsman of Canada Inc

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 2 contracts

Samples: Indenture (Neenah Foundry Co), Indenture (Neenah Foundry Co)

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents Intercreditor Agreement and the terms hereof, subject to the terms of the Intercreditor AgreementSecurity Documents.

Appears in 2 contracts

Samples: Haights Cross Operating Company (Haights Cross Operating Co), Indenture (Time Warner Telecom Inc)

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Application of Proceeds of Collateral. Upon any realization upon the CollateralCollateral by the Collateral Agent, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents Intercreditor Agreement and the terms hereof, subject to the terms of the Intercreditor Agreement.

Appears in 1 contract

Samples: American Color Graphics Inc

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents and the terms hereofapplied, subject to the terms of the Intercreditor Agreement, in accordance with the Collateral Documents and Section 6.08.

Appears in 1 contract

Samples: Supplemental Indenture (E Trade Financial Corp)

Application of Proceeds of Collateral. Upon any realization upon the Collateral, the proceeds thereof shall be applied in accordance with the terms of the Collateral Documents and the terms hereofapplied, subject to the terms of the Intercreditor Agreement, in accordance with the Security Documents and Section 6.10(a).

Appears in 1 contract

Samples: Indenture (Hexacomb CORP)

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