Payments made by a Borrower Group (or any member thereof) hereunder shall be applied (a) first, as specifically required hereby; (b) second, to Obligations of such Borrower Group then due and owing; (b) third, to other Obligations specified by Borrower Agent; and (c) fourth, as determined by Agent in its Permitted Discretion. Any payment of the U.S. Revolver Loans shall be applied first to the U.S. Revolver Loans that are not FILO Loans until repaid in full, and then to FILO Loans.
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