Common use of Distribution of Payments Clause in Contracts

Distribution of Payments. On and after the Effective Date, the Agent shall make all payments under the Loan Documents in respect of each Assigned Interest (a) in the case of amounts accrued to but excluding the Effective Date, to Assignor and (b) otherwise, to Assignee.

Appears in 22 contracts

Samples: Loan and Security Agreement (XCel Brands, Inc.), Credit Agreement (Diplomat Pharmacy, Inc.), Credit Agreement (Cryolife Inc)

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Distribution of Payments. On and after the Effective Date, the Administrative Agent shall make all payments under the Loan Documents in respect of each Assigned Interest (a) in the case of amounts accrued to but excluding the Effective Date, to Assignor and (b) otherwise, to the Assignee.

Appears in 7 contracts

Samples: Credit Agreement (Westwood One Inc /De/), Credit Agreement (Westwood One Inc /De/), Credit Agreement (Rush Enterprises Inc \Tx\)

Distribution of Payments. On and after the Effective Date, the Agent shall make all payments under the Loan Documents in respect of each the Assigned Interest (a) in the case of amounts accrued to but excluding the Effective Date, to Assignor and (b) otherwise, to Assignee.

Appears in 7 contracts

Samples: Credit Agreement (Amphastar Pharmaceuticals, Inc.), Credit Agreement (Legacy Housing Corp), Credit Agreement (Papa Murphy's Holdings, Inc.)

Distribution of Payments. On and after the Effective Date, the Agent shall make all payments under the Loan Documents in respect of each Assigned Interest of any Assignor (a) in the case of amounts accrued to but excluding the Effective Date, to such Assignor and (b) otherwise, to the corresponding Assignee.

Appears in 7 contracts

Samples: Credit Agreement (Northland Cable Properties Seven Limited Partnership), Credit Agreement (RadNet, Inc.), Credit Agreement (Accuro Healthcare Solutions, Inc.)

Distribution of Payments. On and after the Effective Date, the Term Agent shall make all payments under the Loan Documents in respect of each Assigned Interest (a) in the case of amounts accrued to but excluding the Effective Date, to Assignor and (b) otherwise, to Assignee.

Appears in 4 contracts

Samples: Term Loan Agreement (Standard Diversified Inc.), Term Loan Agreement (Numerex Corp /Pa/), Term Loan Agreement (Standard Diversified Opportunities Inc.)

Distribution of Payments. On and after the Effective Date, the Agent shall make all payments under the Loan Documents in respect of each Assigned Interest (a) in the case of amounts accrued to but excluding the Effective Date, to Assignor and (b) otherwise, to Assignee.

Appears in 4 contracts

Samples: Guarantee and Security Agreement (EVmo, Inc.), Credit Agreement (GSE Holding, Inc.), Credit Agreement (GSE Holding, Inc.)

Distribution of Payments. On and after the Effective Date, the Agent Agents shall make all payments under the Loan Documents in respect of each Assigned Interest (a) in the case of amounts accrued to but excluding the Effective Date, to Assignor and (b) otherwise, to Assignee.

Appears in 2 contracts

Samples: Non Competition Agreement (Thermon Holding Corp.), Non Competition Agreement (Thermon Holding Corp.)

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Distribution of Payments. On and after the Effective Date, the Agent shall make all payments under the Loan Transaction Documents in respect of each Assigned Interest (a) in the case of amounts accrued to but excluding the Effective Date, to Assignor and (b) otherwise, to Assignee.

Appears in 2 contracts

Samples: Note Purchase Agreement (Trilogy International Partners Inc.), Note Purchase Agreement (Trilogy International Partners Inc.)

Distribution of Payments. On and after the Effective Date, the Applicable Agent shall make all payments under the Loan Documents in respect of each the Assigned Interest (a) in the case of amounts accrued to but excluding the Effective Date, to Assignor Assignor, and (b) otherwise, to Assignee.

Appears in 2 contracts

Samples: Credit Agreement (Truck Hero, Inc.), Credit Agreement (TA THI Parent, Inc.)

Distribution of Payments. On and after the Amendment No. 1 Effective Date, the Agent shall make all payments under the Loan Documents in respect of each the applicable Assigned Interest (a) in the case of amounts accrued to but excluding the Effective Date, to Assignor and (b) otherwise, to the applicable Assignee.

Appears in 1 contract

Samples: Credit Agreement (Rimini Street, Inc.)

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