Alternative Arrangements. If the Agent believes that it is, or will be, illegal or impossible for it to pay on to a Lender in accordance with paragraph (A), it agrees to notify the Borrower and that Lender. In this case the Borrower and that Lender may agree alternative arrangements for payments to be made to that Lender. Paragraph (A) will not apply to the extent excluded by those alternative arrangements. That Lender agrees to provide notice of the arrangements to the Agent and will notify the Agent of payments in accordance with Clause 14.1.
Appears in 2 contracts
Samples: Loan Agreement (Polaroid Corp), Loan Agreement (Crown Castle International Corp)
Alternative Arrangements. If the Agent believes that it is, or will be, illegal or impossible for it to pay on to a Lender in accordance with paragraph (A), it agrees to notify the relevant Borrower and that Lender. In this case the Borrower and that Lender may agree alternative arrangements for payments to be made to that Lender. Paragraph (A) will not apply to the extent excluded by those alternative arrangements. That Lender agrees to provide notice of the arrangements to the Agent and will notify the Agent of payments in accordance with Clause 14.117.1.
Appears in 1 contract
Samples: Loan Agreement (Emap PLC)
Alternative Arrangements. If the Agent believes that it is, or will be, illegal or impossible for it to pay on to a Lender in accordance with paragraph (A), it agrees to notify the Borrower Borrowers' Agent and that LenderLendxx. In Xx this case the Borrower Borrowers' Agent and that Lender may Lendxx xxx agree alternative arrangements for payments to be made to that Lender. Paragraph (A) will not apply to the extent excluded by those alternative arrangements. That Lender agrees Lendxx xxxees to provide notice of the arrangements to the Agent and will notify the Agent of payments in accordance with Clause 14.1.
Appears in 1 contract
Samples: SCH Holdings Corp
Alternative Arrangements. If the Agent believes that it is, or will be, illegal or impossible for it to pay on to a Lender in accordance with paragraph (A), it agrees to notify the Borrower and that Lender. In this case the Borrower and that Lender may agree alternative arrangements for payments to be made to that Lender. Paragraph (A) will not apply to the extent excluded by those alternative arrangements. That Lender agrees to provide notice of the arrangements to the Agent and will notify the Agent of payments in accordance with Clause 14.113.1.
Appears in 1 contract
Samples: Guarantor Agreement (Crown Castle International Corp)
Alternative Arrangements. If the Agent believes that it is, or will be, illegal or impossible for it to pay on to a Lender in accordance with paragraph (A), it agrees to notify the Borrower Borrower, the Guarantor and that Lender. In this case the Borrower Borrower, the Guarantor and that Lender may agree alternative arrangements for payments to be made to that Lender. Paragraph (A) will not apply to the extent excluded by those alternative arrangements. That Lender agrees to provide notice of the arrangements to the Agent and will notify the Agent of payments in accordance with Clause 14.115.1.
Appears in 1 contract
