Example ContractsClausesapplication of other paymentsIdentical
Application of Other Payments
Application of Other Payments contract clause examples

Application. Notwithstanding anything to the contrary contained in this Agreement, Cash Collateral provided under any of this [Section 2.17] or [Sections 2.03, 2.05, 2.16 or 8.02]2]2] in respect of Letters of Credit shall be held and applied to the satisfaction of the specific L/C Obligations, obligations to fund participations therein (including, as to Cash Collateral provided by a Defaulting Lender, any interest accrued on such obligation) and other obligations for which the Cash Collateral was so provided, prior to any other application of such property as may otherwise be provided for herein.

First Amendment to Sixth Amended and Restated Credit Agreement
Source: SEC EDGAR database • Date: May 26, 2022 • SIC: 6798 • CIK: 6798

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