Common use of Order of Application Clause in Contracts

Order of Application. (a) Payments and prepayments of the Obligation shall be applied in the order and manner specified in this Agreement; provided, however, if no order is otherwise specified and no Potential Default or Event of Default exists, payments and prepayments of the Obligation shall be applied first, to fees, second, to accrued interest then due and payable on the Total Principal Debt, and then to the remaining Obligation in the order and manner as Borrower may direct.

Order of Application. (a) Payments and prepayments of the Obligation shall be applied in the order and manner specified in this Agreement; providedPROVIDED, howeverHOWEVER, if no order is otherwise specified and no Default or Potential Default or Event of Default existshas occurred and is continuing, payments and prepayments of the Obligation shall be applied first, first to fees, second, second to accrued interest then due and payable on the Total Principal Debt, and then to the remaining Obligation in the order and manner as Borrower may direct.

Order of Application. (aA) Payments and prepayments of the Obligation shall be applied (except as may be otherwise required by applicable Legal Requirements) in the order and manner specified in this Agreement; provided, however, if no order is otherwise specified and no Potential Default or Event of Default exists, payments and prepayments of the Obligation shall be applied (except as may be otherwise required by applicable Legal Requirements) first, to fees, second, to accrued interest then due and payable on the Total Principal Debt, and then to the remaining Obligation in the order and manner as Borrower may direct.

Order of Application. (a) Payments and prepayments of the Obligation shall be applied in the order and manner specified in this Agreement; providedPROVIDED, howeverHOWEVER, if no order is otherwise specified and no Potential Default or Event of Default existshas occurred and is continuing, payments and prepayments of the Obligation shall be applied first, first to fees, second, second to accrued interest then due and THIRD AMENDED AND 28 RESTATED CREDIT AGREEMENT payable on the Total Principal Debtprincipal balance hereof, and then to the remaining Obligation in the order and manner as Borrower may direct.

Order of Application. (a) Payments a If no Default exists, then payments and prepayments of the Obligation shall be applied in the order and manner specified in this Agreement; provided, however, if no order is otherwise specified and no Potential Default or Event of Default exists, payments and prepayments of the Obligation shall be applied first, to fees, second, to accrued interest then due and payable on the Total Principal Debt, and then to the remaining Obligation in the order and manner as Borrower may directdirect in writing.

Order of Application. (a) Payments and prepayments of the Obligation shall be applied in the order and manner specified in this Agreement; providedPROVIDED, howeverHOWEVER, if no order is otherwise specified and no Default or Potential Default or Event of Default existshas occurred and is continuing, payments and prepayments of the Obligation shall be applied first, first to fees, second, second to accrued interest then due and payable on the Total Principal Debt, third to the Principal Debt, and then to the remaining Obligation in the order and manner as Borrower may direct.

Order of Application. (a) Payments and prepayments of the Obligation shall be applied in the order and manner specified in this Agreement; provided, however, if no order is otherwise specified and no Potential Default or Event of Default exists, payments and prepayments of the Obligation shall be applied first, to fees, second, to accrued interest then due and payable on the Total Principal Debt, and then to the remaining Obligation in the order and manner as Borrower may direct.. Credit Agreement

Order of Application. (a) Payments and prepayments of the Obligation shall be applied in the order and manner specified in this Agreement; providedPROVIDED, howeverHOWEVER, if no order is otherwise specified and no Default or Potential Default or Event of Default existshas occurred and is continuing, payments and prepayments of the Obligation shall be applied firstfirst to fees then due and payable, to fees, second, second to accrued interest then due and payable on the Total Principal Debt, and then to the remaining Obligation obligation in the order and manner as Borrower Administrative Agent may directselect.