Payments after Default. Any payment made by Borrower or received or obtained for Borrower's account hereunder (whether received by any Lender or Agent) shall be applied as follows if after applying such payment an Event of Default or Incipient Payment Default shall have occurred and be continuing:
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Samples: Credit Agreement (United Grocers Inc /Or/), Credit Agreement (United Grocers Inc /Or/), Credit Agreement (United Grocers Inc /Or/)
Payments after Default. Any payment made by Borrower or received or obtained for Borrower's account hereunder (whether received by any Lender U.S. Bank, Seafirst, or Agent) shall be applied as follows if after applying such payment an Event of a Default or Incipient Payment Default shall have occurred and be continuing:
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