Common use of By Banks Clause in Contracts

By Banks. On each date on which an Advance is to be made, each Bank shall make its share of that Advance available to the Agent. Each such amount shall be made available in the currency in which that Advance is to be denominated in such funds and by such time on the due date as may then be generally accepted for the settlement in the Place of Payment of international payments in that currency to such account with such bank in the Place of Payment as the Agent may specify. If so requested by the Agent, the relevant Bank will promptly confirm to the Agent that it will make the relevant payment as required by this Clause 16.1.

By Banks. 15.1 On each date on which an Advance is to be made, each Bank shall make its share of that Advance available to the Agent. Each such amount shall be made available in the currency in which that Advance is to be denominated Euros in such funds and by such time on the due date as may then be generally accepted for the settlement in the Place of Payment of international payments in that currency Euros to such account with such bank in the Place of Payment as the Agent may specify. If so requested by the Agent, the relevant Bank will promptly confirm to the Agent that it will make the relevant payment as required by this Clause 16.115.1.

By Banks. 16.1 On each date on which an Advance is to be made, each Bank shall make its share of that Advance available to the Agent. Each such amount shall be made available in the currency in which that Advance is to be denominated in such funds and by such time on the due date as may then be generally accepted for the settlement in the Place of Payment of international payments in that currency to such account with such bank in the Place of Payment as the Agent may specify. If so requested by the Agent, the relevant Bank will promptly confirm to the Agent that it will make the relevant payment as required by this Clause 16.1.

By Banks. 15.1 On each date on which an Advance is to be made, each Bank shall make its share of that Advance available to the Agent. Each such amount shall be made available in the currency in which that Advance is to be denominated Euros in such funds and by such time on the due date as may then be generally accepted for the settlement in the Place of Payment of international payments in that currency Euros to such account with such bank in the Place of Payment as the Agent may specify. If so requested by the Agent, the relevant Bank bank will promptly confirm to the Agent that it will make the relevant payment as required by this Clause 16.115.1.