Common use of Deduction from Amounts Payable by the Facility Agent Clause in Contracts

Deduction from Amounts Payable by the Facility Agent. If any Party owes an amount to the Facility Agent under the Finance Documents the Facility Agent may, after giving notice to that Party, deduct an amount not exceeding that amount from any payment to that Party which the Facility Agent would otherwise be obliged to make under the Finance Documents and apply the amount deducted in or towards satisfaction of the amount owed. For the purposes of the Finance Documents that Party shall be regarded as having received any amount so deducted.

Deduction from Amounts Payable by the Facility Agent. If any Party owes an amount is due and payable by any party to the Facility Agent under the any Relevant Finance Documents Document the Facility Agent may, after giving notice to that Partyparty, deduct an amount not exceeding that amount from any payment to that Party party which the Facility Agent would otherwise be obliged to make under the Relevant Finance Documents and apply the amount deducted in or towards satisfaction of the amount owed. For the purposes of the Relevant Finance Documents that Party party shall be regarded as having received such payment without any amount so deductedsuch deduction.

Deduction from Amounts Payable by the Facility Agent. If any Party owes an amount to the Facility Agent under the Finance Documents Documents, the Facility Agent may, after giving notice to that Party, deduct an amount not exceeding that amount from any payment to that Party which the Facility Agent would otherwise be obliged to make under the Finance Documents and apply the amount deducted in or towards satisfaction of the amount owed. For the purposes of the Finance Documents that Party shall will be regarded as having received any the amount so deducted.

Deduction from Amounts Payable by the Facility Agent. If any Party owes an amount is due and payable by any party to the Facility Agent under the any Finance Documents Document the Facility Agent may, after giving notice to that Partyparty, deduct an amount not exceeding that amount from any payment to that Party party which the Facility Agent would otherwise be obliged to make under the Finance Documents and apply the amount deducted in or towards satisfaction of the amount owed. For the purposes of the Finance Documents that Party party shall be regarded as having received such payment without any amount so deductedsuch deduction.

Deduction from Amounts Payable by the Facility Agent. If any Party owes an amount to the Facility Agent under the Finance Documents Loan Documents, the Facility Agent may, after giving notice to that Party, deduct an amount not exceeding that amount from any payment to that Party which the Facility Agent would otherwise be obliged to make under the Finance Loan Documents and apply the amount deducted in or towards satisfaction of the amount owed. For the purposes of the Finance Loan Documents that Party shall be regarded as having received any amount so deducted.

Deduction from Amounts Payable by the Facility Agent. If any Party owes an amount to the Facility Agent under the Finance Documents Documents, the Facility Agent may, after giving notice to that Party, deduct an amount not exceeding that amount from any payment to that Party which the Facility Agent would otherwise be obliged to make under the Finance Documents and apply the amount deducted in or towards satisfaction of the amount owed. For the purposes of the Finance Documents that Party shall be regarded as having received any amount so deducted.. ​ ​

Deduction from Amounts Payable by the Facility Agent. 72 40810573_6 If any Party owes an amount is due and payable by any party to the Facility Agent under the any Finance Documents Document the Facility Agent may, after giving notice to that Partyparty, deduct an amount not exceeding that amount from any payment to that Party party which the Facility Agent would otherwise be obliged to make under the Finance Documents and apply the amount deducted in or towards satisfaction of the amount owed. For the purposes of the Finance Documents that Party party shall be regarded as having received such payment without any amount so deductedsuch deduction.

Deduction from Amounts Payable by the Facility Agent. If any Party owes an amount is due and payable by any party to the Facility Agent under the any Relevant Finance Documents Document the Facility Agent may, after giving notice to that Partyparty, deduct an amount not exceeding that amount from any payment to that Party party which the Facility Agent would otherwise be obliged to make under the Relevant Finance Documents and apply the amount deducted in or towards satisfaction of the amount owed. For the purposes of the Relevant 178 Finance Documents that Party party shall be regarded as having received such payment without any amount so deductedsuch deduction.

Deduction from Amounts Payable by the Facility Agent. If any Party owes an amount to the Facility Agent under the Finance Documents Documents, the Facility Agent may, after giving notice to that Party, deduct an amount not exceeding that amount from any payment to that Party which the Facility Agent would otherwise be obliged to make under the Finance Documents and apply the amount deducted in or towards satisfaction of the amount owed. For the purposes of the Finance Documents that Party shall be regarded as having received any amount so deducted.. 147 ‌ EUROPE/73091764v9 ​