Common use of Distribution of Payments Clause in Contracts

Distribution of Payments. Whenever any payment is received by the Agent from any Security Party for the account of the Lenders, or any of them, whether of principal or interest on the Notes, commissions, fees under Sections 13.1 or 13.2and expenses under Section 13.4, or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, like

Distribution of Payments. Whenever any payment is received by the Facility Agent from any Security Party the Borrower for the account of the LendersCreditors, or any of them, whether of principal or interest on the NotesNote, commissions, fees under Sections 13.1 or 13.2and expenses under Section 13.4, 13 or otherwise, it will shall thereafter cause to be distributed on the same day Banking Day if received before 11 9:30 a.m. New York time, or on the next day Banking Day if received thereafter, likelike funds relating to such payment ratably to the Creditors according to their respective Commitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the any Agent from the Borrower or any other Security Party for the account of the Lenders, or any of them, whether of principal or interest on the NotesNote, commissions, fees under Sections 13.1 or 13.2and expenses under Section 13.4, 13 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, likelike funds relating to such payment ratably to the Lenders according to their respective Commitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from the Borrower or any other Security Party for the account of the LendersCreditors, or any of them, whether of principal or interest on the NotesNote, commissions, fees under Sections 13.1 or 13.2and expenses fee under Section 13.4, 13.1 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, likelike funds relating to such payment to the Creditors according to their respective interest therein, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Agent from any Security Party for the account of the Lenders, or any of them, whether of principal or interest on the Notes, commissions, fees under Sections 13.1 or 13.2and 13.2 and expenses under Section 13.4, or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, likelike funds relating to such payment ratably to the Lenders according to their respective Commitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from any Security Party for the account of the Lenders, or any of them, whether of principal or interest on the NotesNote, commissions, fees under Sections 13.1 or 13.2and expenses under Section 13.4, 13 or otherwise, it will shall thereafter cause to be distributed on the same day Banking Day if received before 11 a.m. New York time, or on the next day Banking Day if received thereafter, likelike funds relating to such payment ratably to the Lenders according to their respective Commitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the any Agent from the Borrower or any other Security Party for the account of the LendersBanks, or any of them, whether of principal or interest on the NotesReimbursement Obligations or the Note, commissions, fees under Sections 13.1 or 13.2and expenses under Section 13.4, 14 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, likelike funds relating to such payment ratably to the Banks according to their respective Commitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Facility Agent from the Borrowers or any other Security Party for the account of the Lenders, or any of them, whether of principal or interest on the NotesNote, commissions, fees under Sections 13.1 or 13.2and expenses under Section 13.4, 13 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. 3 p.m. New York time, or on the next day if received thereafter, likelike funds relating to such payment ratably to the Lenders according to their respective Commitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Agent or the Security Trustee from the Borrower or any other Security Party for the account of the Lenders, or any of them, whether of principal or interest on the NotesNote, commissions, fees under Sections 13.1 or 13.2and expenses under Section 13.4, 14 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, likelike funds relating to such payment ratably to the Lenders according to their respective Commitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from the Borrowers or any other Security Party for the account of the Lenders, or any of them, whether of principal or interest on the NotesNote, commissions, fees under Sections 13.1 or 13.2and expenses under Section 13.4, 13 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. 3 p.m. New York time, or on the next day if received thereafter, likelike funds relating to such payment ratably to the Lenders according to their respective Commitments, in each case to be applied according to the terms of this Credit Facility Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from the Borrowers or any other Security Party for the account of the Lenders, or any of them, whether of principal or interest on the Notes, commissions, fees under Sections 13.1 or 13.2and expenses under Section 13.4, 13 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. 3 p.m. New York time, or on the next day if received thereafter, likelike funds relating to such payment ratably to the Lenders according to their respective Commitments, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from any Security Party the Borrowers for the account of the Lenders, or any of them, whether of principal or interest on the Notes, commissions, fees under Sections Clauses 13.1 or 13.2and expenses under Section 13.4and 13.5, or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, likelike funds relating to such payment ratably to the Lenders according to their respective Commitments , to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Administrative Agent from the Borrower or any other Security Party for the account of the Lenders, or any of them, whether of principal or interest on the NotesNote, commissions, fees under Sections 13.1 or 13.2and expenses under Section 13.4, 13 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. 3 p.m. New York time, or on the next day if received thereafter, likelike funds relating to such payment ratably to the Lenders according to their respective Commitments, in each case to be applied according to the terms of this Loan Agreement.

Distribution of Payments. Whenever any payment is received by the Facility Agent from the Borrower or any other Security Party for the account of the LendersCreditors, or any of them, whether of principal or interest on the NotesNote, commissions, fees under Sections 13.1 or 13.2and expenses fee under Section 13.4, 13.1 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, likelike funds relating to such payment to the Creditors according to their respective interest therein, in each case to be applied according to the terms of this Agreement.

Distribution of Payments. Whenever any payment is received by the Agent from the Borrower or any other Security Party for the account of the Lenders, or any of them, whether of principal or interest on the NotesNote, commissions, fees under Sections 13.1 or 13.2and expenses fee under Section 13.4, 13.1 or otherwise, it will thereafter cause to be distributed on the same day if received before 11 a.m. New York time, or on the next day if received thereafter, likelike funds relating to such payment ratably to the Lenders according to their respective Commitments, in each case to be applied according to the terms of this Agreement.