Common use of Proceeds of Sale Clause in Contracts

Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of the Credit Agreement and any applicable Intercreditor Agreement (as defined in the Guarantee and Collateral Agreement) (subject to any applicable provisions of applicable law).

Appears in 5 contracts

Samples: Intercreditor Agreement (Us LBM Holdings, Inc.), Intercreditor Agreement (Us LBM Holdings, Inc.), Credit Agreement (Mauser Group B.V.)

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Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of the Credit Agreement and any applicable the ABL/Term Loan Intercreditor Agreement (as defined in the Guarantee and Collateral Agreement) (subject to any applicable provisions of applicable law).

Appears in 4 contracts

Samples: Credit Agreement (Envision Healthcare Corp), Credit Agreement (Nci Building Systems Inc), Credit Agreement (Emergency Medical Services CORP)

Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of the Credit Agreement and any applicable Intercreditor Agreement (as defined in the Guarantee and Collateral Agreement) (subject to any applicable provisions of applicable law).

Appears in 4 contracts

Samples: Guarantee and Collateral Agreement (Cornerstone Building Brands, Inc.), Assumption Agreement (Veritiv Corp), Assumption Agreement (Veritiv Corp)

Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of the Credit Agreement and Intercreditor Agreements (subject to any applicable Intercreditor Agreement provisions of applicable law). As between the Indenture Secured Parties (as defined in the Guarantee and Collateral Agreement) and the Non-Indenture Secured Parties (as defined in the Collateral Agreement), such proceeds will be distributed and applied in accordance with the terms and conditions of Section 6.5 of the Collateral Agreement (subject to any applicable provisions of applicable law).

Appears in 2 contracts

Samples: Collateral Agreement (Hd Supply, Inc.), Collateral Agreement (Hd Supply, Inc.)

Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of the Credit Agreement and any applicable Intercreditor Agreement (as defined in the Guarantee and Collateral Agreement) Agreements (subject to any applicable provisions of applicable law).

Appears in 2 contracts

Samples: Credit Agreement (Hd Supply, Inc.), Credit Agreement (Hd Supply, Inc.)

Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of the Credit Agreement and any each applicable Intercreditor Agreement (as defined in the Guarantee and Collateral Agreement) (subject to any applicable provisions of applicable law).

Appears in 2 contracts

Samples: Credit Agreement (Atkore International Group Inc.), Credit Agreement (Atkore International Group Inc.)

Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of the Credit Notes Collateral Agreement and any applicable Intercreditor Agreement (as defined in the Guarantee and Collateral Agreement) (subject to any applicable provisions of applicable law).

Appears in 1 contract

Samples: Notes Collateral Agreement (Cornerstone Building Brands, Inc.)

Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of Section 10.13 the Credit Agreement and any applicable Intercreditor Agreement (as defined in the Guarantee and Collateral Agreement) (subject to any applicable provisions of applicable law).

Appears in 1 contract

Samples: Credit Agreement (Hertz Global Holdings, Inc)

Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of the Credit Agreement and any applicable Intercreditor Agreement (as defined in the Guarantee and Collateral Credit Agreement) (subject to any applicable provisions of applicable law).

Appears in 1 contract

Samples: Intercreditor Agreement (Uci Holdings LTD)

Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of Section 10.13 the Credit Agreement and any applicable Intercreditor Agreement (as defined in the Guarantee and Collateral Agreement) (subject to any applicable provisions of applicable law).

Appears in 1 contract

Samples: Credit Agreement (Hertz Corp)

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Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of the Credit Agreement and any applicable Intercreditor Agreement (as defined in the Guarantee and Collateral Agreement) (subject to any applicable provisions of applicable law).

Appears in 1 contract

Samples: Credit Agreement (Unistrut International Holdings, LLC)

Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of Section 10.14 the Credit Agreement and any applicable Intercreditor Agreement (as defined in the Guarantee and Collateral Agreement) (subject to any applicable provisions of applicable law).

Appears in 1 contract

Samples: Credit Agreement (Herc Holdings Inc)

Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of the Credit Agreement and Intercreditor Agreements (subject to any applicable Intercreditor Agreement provisions of applicable law). As between the Indenture Secured Parties (as defined in the Guarantee and Collateral Agreement) and the Non-Indenture Secured Parties (as defined in the Collateral Agreement), such proceeds will be distributed and applied in accordance with the terms and conditions of subsection 6.5 of the Collateral Agreement (subject to any applicable provisions of applicable law).

Appears in 1 contract

Samples: Collateral Agreement (Hd Supply, Inc.)

Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of the Credit Agreement and any applicable Intercreditor Agreement (as defined in the Guarantee and Collateral Agreement) (subject to any applicable provisions of applicable law).

Appears in 1 contract

Samples: Credit Agreement (Nci Building Systems Inc)

Proceeds of Sale. The proceeds of any foreclosure sale of the Premises, or any part thereof, will be distributed and applied in accordance with the terms and conditions of the Credit Agreement and any each applicable Intercreditor Agreement (subject to any applicable provisions of applicable law). As between the Indenture Secured Parties (as defined in the Guarantee and Collateral Agreement) and the Non-Indenture Secured Parties (as defined in the Collateral Agreement), such proceeds will be distributed and applied in accordance with the terms and conditions of Section 6.5 of the Collateral Agreement (subject to any applicable provisions of applicable law).

Appears in 1 contract

Samples: Collateral Agreement (Unistrut International Holdings, LLC)

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