Priority of Payments. The Collateral Agent hereby agrees that all cash proceeds received by the Collateral Agent in respect of any Collateral pursuant to Section 3.01 hereof and any payments by any Grantor to the Collateral Agent following an Enforcement Event shall be paid by the Collateral Agent in the order of priority set forth below:
Appears in 11 contracts
Samples: Security Agreement (AerCap Holdings N.V.), Term Loan Security Agreement, Aircraft Lease Agreement
Priority of Payments. The Collateral Agent hereby agrees that all cash proceeds received by the Collateral Agent in respect of any Collateral pursuant to Section 3.01 hereof and any payments by any Grantor to the Collateral Agent following an Enforcement Event of Default shall be paid by the Collateral Agent in the order of priority set forth below:
Appears in 5 contracts
Samples: Aircraft Mortgage and Security Agreement (Fly Leasing LTD), Aircraft Mortgage and Security Agreement (Fly Leasing LTD), Security Agreement (International Lease Finance Corp)
Priority of Payments. The Collateral Agent hereby agrees that all cash proceeds received by the Collateral Agent in respect of any Collateral pursuant to Section 3.01 hereof and any payments by any Grantor to the Collateral Agent following an Enforcement Event of Default and the acceleration of the Loans and such acceleration shall not have been rescinded shall be paid by the Collateral Agent in the order of priority set forth below:
Appears in 2 contracts
Samples: Aircraft Lease Agreement (International Lease Finance Corp), Aircraft Mortgage and Security Agreement (International Lease Finance Corp)
