MRVL » Topics » . Application of Proceeds .

These excerpts taken from the MRVL 8-K filed Nov 14, 2006.
Application of Proceeds.

(a)   If an Event of Default shall have occurred and be continuing, the Administrative Agent may apply (i) any cash held by it and (ii) the proceeds of any sale or other disposition of all or any part of the Collateral, in the following order of priorities:

Application of Proceeds.

(a)   If an Event of Default shall have occurred and be continuing, the Administrative Agent may apply (i) any cash held by it and (ii) the proceeds of any sale or other disposition of all or any part of the Collateral, in the following order of priorities:

EXCERPTS ON THIS PAGE:

8-K (2 sections)
Nov 14, 2006

RELATED TOPICS for MRVL:

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