Common use of CONCERNING DISTRIBUTIONS BY THE AGENT Clause in Contracts

CONCERNING DISTRIBUTIONS BY THE AGENT. (a) The Agent in the Agent's reasonable discretion based upon the Agent's determination of the likelihood that additional payments will be received, expenses incurred, and/or claims made by third parties to all or a portion of such proceeds, may delay the distribution of any payment received on account of the Liabilities.

Appears in 9 contracts

Samples: Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Drugmax Inc)

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CONCERNING DISTRIBUTIONS BY THE AGENT. (a) The Agent in the Agent's ’s reasonable discretion based upon the Agent's ’s determination of the likelihood that additional payments will be received, expenses incurred, and/or claims made by third parties to all or a portion of such proceeds, may delay the distribution of any payment received on account of the Liabilities.

Appears in 6 contracts

Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Gander Mountain Co)

CONCERNING DISTRIBUTIONS BY THE AGENT. (a) The Administrative Agent in the Agent's its reasonable discretion based upon the any Agent's determination of the likelihood that additional payments will be received, expenses incurred, and/or claims made by third parties to all or a portion of such proceeds, may delay the distribution of any payment received on account of the Liabilities.

Appears in 3 contracts

Samples: Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (DSW Inc.)

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CONCERNING DISTRIBUTIONS BY THE AGENT. (a) The Administrative Agent in the Agent's its reasonable discretion based upon the Agent's determination of the likelihood that additional payments will be received, expenses incurred, and/or claims made by third parties to all or a portion of such proceeds, may delay the distribution of any payment received on account of the Liabilities.

Appears in 2 contracts

Samples: Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (Retail Ventures Inc)

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