Common use of Alternative Payment Arrangements Clause in Contracts

Alternative Payment Arrangements. If, at any time, it shall become impracticable, by reason of any action of any governmental authority or any Change of Law, exchange control regulations or any similar event, for the Borrower to make any payments hereunder in the manner specified in Clause 19.1 (Payments to the Lender), then the Borrower may agree with the Lender alternative arrangements for such payments to be made; provided that, in the absence of any such agreement, the Borrower shall be obliged to make all payments due to the Lender in the manner specified herein.

Appears in 10 contracts

Samples: Loan Agreement (Wimm Bill Dann Foods Ojsc), Loan Agreement (Open Joint Stock Co Vimpel Communications), Loan Agreement (Open Joint Stock Co Vimpel Communications)

AutoNDA by SimpleDocs

Alternative Payment Arrangements. If, at any time, it shall become impracticable, impracticable (by reason of any action of any governmental authority or any Change of Law, exchange control regulations change in law or any similar event, ) for the Borrower to make any payments hereunder in the manner specified in Clause 19.1 13.1 (Payments to the Lender), then the Borrower may agree with the Lender alternative arrangements for such payments to be made; , provided that, in the absence of any such agreement, the Borrower shall be obliged to make all payments due to the Lender in the manner specified herein.

Appears in 3 contracts

Samples: Fleetco German Facility Agreement (Avis Budget Group, Inc.), Facility Agreement (Avis Budget Group, Inc.), Avis Budget Group, Inc.

Alternative Payment Arrangements. If, at any time, it shall become impracticable, impracticable (by reason of any action of any governmental authority or any Change of Lawchange in law, exchange control regulations or any similar event, ) for any of the Borrower Obligors to make any payments hereunder in the manner specified in Clause 19.1 24.6 (Payments to the LenderBank), then the Borrower such Obligor may agree with the Lender Bank alternative arrangements for such payments to be made; , provided that, in the absence of any such agreement, the Borrower such Obligor shall be obliged to make all payments due to the Lender Bank in the manner specified herein.

Appears in 1 contract

Samples: Lucid Group, Inc.

AutoNDA by SimpleDocs

Alternative Payment Arrangements. If, at any time, it shall become impracticable, by reason of any action of any governmental authority or any Change change of Lawlaw, exchange control regulations or any similar event, for the Borrower to make any payments hereunder under this Agreement in the manner specified in Clause 19.1 6.1 (Payments to the LenderMaking of payments), then the Borrower may agree with the Lender alternative arrangements for such payments to be made; provided that, in the absence of any such agreement, the Borrower shall be obliged to make all payments due to the Lender in the manner specified herein.

Appears in 1 contract

Samples: www.ise.ie

Time is Money Join Law Insider Premium to draft better contracts faster.