Proceeds of Distressed Disposals and Debt Disposals. The net proceeds of each Distressed Disposal and each Debt Disposal shall be paid, or distributed, to the Common Security Agent for application in accordance with Clause 19 (Application of proceeds) and, to the extent that any Liabilities Sale has occurred, as if that Liabilities Sale had not occurred.
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Samples: Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (Melco Resorts & Entertainment LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)
Proceeds of Distressed Disposals and Debt Disposals. The net proceeds of each Distressed Disposal and each Debt Disposal shall be paid, or distributed, to the Common Security Agent for application in accordance with Clause 19 16 (Application of proceedsProceeds) and, to the extent that any Liabilities Sale has occurred, as if that Liabilities Sale had not occurred.that:
Appears in 3 contracts
Samples: Intercreditor Agreement, Intercreditor Agreement, Intercreditor Agreement
Proceeds of Distressed Disposals and Debt Disposals. The net proceeds of each Distressed Disposal and each Debt Disposal shall be paid, or distributed, to the Common Security Agent for application in accordance with Clause 19 16 (Application of proceeds) and, to the extent that any Liabilities Sale has occurred, as if that Liabilities Sale had not occurredProceeds).
Appears in 2 contracts
Samples: Intercreditor Agreement (Tidewater Inc), Intercreditor Agreement
Proceeds of Distressed Disposals and Debt Disposals. The net proceeds of each Distressed Disposal and each Debt Disposal shall be paid, or distributed, to the Common Security Agent for application in accordance with Clause 19 17 (Application of proceedsProceeds) and, to the extent that any Liabilities Sale has occurred, as if that Liabilities Sale had not occurred.
Appears in 2 contracts
Samples: Intercreditor Agreement (Ferroglobe PLC), Agreement
Proceeds of Distressed Disposals and Debt Disposals. The net proceeds of each of the Distressed Disposal Disposals and each the Debt Disposal Disposals shall be paid, delivered or distributed, distributed to the Common Security Agent for application in accordance with Clause 19 17 (Application of proceedsProceeds) as proceeds of enforcement of Transaction Security and, to the extent that any Liabilities Sale has occurred, as if that Liabilities Sale had not occurred.that:
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Proceeds of Distressed Disposals and Debt Disposals. The net proceeds of each Distressed Disposal and each Debt Disposal shall be paid, or distributed, to the Common Security Agent for application in accordance with Clause 19 23 (Application of proceedsProceeds) as if those proceeds were the proceeds of an enforcement of Transaction Security and, to the extent that any Liabilities Sale has occurred, as if that Liabilities Sale had not occurred.that:
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Proceeds of Distressed Disposals and Debt Disposals. The net proceeds of each Distressed Disposal and each Debt Disposal shall be paid, or distributed, to the Common Security Agent for application in accordance with Clause 19 16 (Application of proceedsProceeds) and, to the extent that any Liabilities Sale has occurred, as if that Liabilities Sale had not occurred.
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Proceeds of Distressed Disposals and Debt Disposals. The net proceeds of each Distressed Disposal and each Debt Disposal shall be paid, or distributed, to the Common Security Agent for application in accordance with Clause 19 15 (Application of proceedsProceeds) and, to the extent that any Liabilities Sale has occurred, as if that Liabilities Sale had not occurred.
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Proceeds of Distressed Disposals and Debt Disposals. The net proceeds of each Appropriation, Distressed Disposal and each Debt Disposal shall be paid, or distributed, to the Common Security Agent SPV for application in accordance with Clause 19 (Application of proceedsProceeds) and, to the extent that any Liabilities Sale has occurred, as if that Liabilities Sale had not occurred.that:
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