Common use of Distribution Clause in Contracts

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:

Appears in 46 contracts

Samples: Agreement (PPL Corp), Restatement Agreement (Mittal Steel Co N.V.), Supplemental Agreement (Enodis PLC)

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Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:bank in the principal financial centre of a Participating Member State or London, as it may notify to the Facility Agent for this purpose by not less than five Business Days’ prior notice.

Appears in 11 contracts

Samples: Agreement (Liberty Global, Inc.), Syndicated Facilities Agreement (Bayer Aktiengesellschaft), Agreement (D.E Master Blenders 1753 B.V.)

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:bank in the principal financial centre of the country of the relevant currency as it may notify to the Facility Agent for this purpose by not less than five Business Days’ prior notice.

Appears in 9 contracts

Samples: Facility Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc), Credit Agreement (MGM Resorts International)

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:bank as it may notify to the Facility Agent for this purpose by not less than five (5) Business Days’ prior notice.

Appears in 7 contracts

Samples: Agreement (Seaspan CORP), Credit Agreement (Seaspan CORP), Agreement (Seaspan CORP)

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:bank in the principal financial centre of the country of the relevant currency as it may notify to the Facility Agent for this purpose by not less than five Business Days' prior notice.

Appears in 4 contracts

Samples: Agreement (Viasystems Inc), Agreement (Centex Corp), Agreement (Centex Development Co Lp)

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:bank as it may notify to the Facility Agent for this purpose by not less than five Business Days’ prior notice.

Appears in 4 contracts

Samples: Facility Agreement (Global Ship Lease, Inc.), Facility Agreement (Global Ship Lease, Inc.), Agreement (Evraz Group S.A.)

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided belowhereinafter provided, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:

Appears in 3 contracts

Samples: Agreement (United States Steel Corp), Agreement (United States Steel Corp), Agreement (United States Steel Corp)

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:bank in the principal financial centre of the country of the relevant currency as it may notify to that Party for this purpose by not less than five Business Days’ prior notice.

Appears in 3 contracts

Samples: Credit Agreement (TTM Technologies Inc), Credit Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc)

Distribution. (a) 17.3.1 Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:

Appears in 3 contracts

Samples: Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC)

Distribution. (a) Each payment received by the Facility Agent under the Senior Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Smurfit Kappa Funding PLC), Agreement (JSG Funding PLC), Agreement (Smurfit Kappa Acquisitions)

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:):

Appears in 2 contracts

Samples: Facility Agreement (Aquaventure Holdings LLC), Agreement (Hungarian Telephone & Cable Corp)

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party mustshall, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:bank in the principal financial centre of a Participating Member State (as it may notify to the Facility Agent and for this purpose by not less than five Business Days’ prior notice).

Appears in 1 contract

Samples: Amb Property Corp

Distribution. (a) 15.3.1 Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:

Appears in 1 contract

Samples: PPL Energy Supply LLC

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:bank in the principal financial centre of a Participating Member State or London or Stockholm, as it may notify to the Facility Agent for this purpose by not less than five Business Days’ prior notice.

Appears in 1 contract

Samples: Agreement (Preem Holdings Ab Publ)

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Distribution. (a) Each payment received by the Facility an Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:

Appears in 1 contract

Samples: Agreement (Imperial Tobacco Group PLC)

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) on the date and in the currency and funds of receipt to its account with such office or bank:

Appears in 1 contract

Samples: United States Steel Corp

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bankbank in:

Appears in 1 contract

Samples: Agreement (Smith & Nephew PLC)

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party mustshall, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:bank as it may notify to the Facility Agent for this purpose by not less than five Business Days' prior notice.

Appears in 1 contract

Samples: Intercreditor Agreement (Metro International Sa)

Distribution. (a) Each payment received by the Intercreditor Agent or a Facility Agent under the Senior Finance Documents for another Party must, except as provided in paragraph (b) below, be made available by the Facility that Agent to that Party by payment (as soon as reasonably practicable after receipt) to its account with such office or bank:):

Appears in 1 contract

Samples: Common Terms Agreement (Ormat Technologies, Inc.)

Distribution. (a) Each payment received by the Facility Agent or, as the case may be, the Security Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent or, as the case may be, the Security Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:

Appears in 1 contract

Samples: Agreement (Telesystem International Wireless Inc)

Distribution. (apppp) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:

Appears in 1 contract

Samples: Agreement (PPL Electric Utilities Corp)

Distribution. (a) 17.3.1 Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such office or bank:

Appears in 1 contract

Samples: Facilities Agreement (Royal Ahold)

Distribution. (a) Each payment received by the Facility Agent under the Finance Documents for another Party must, except as provided below, be made available by the Facility Agent to that Party by payment (as soon as practicable after receipt) to its account with such an office or bank:bank in New York.

Appears in 1 contract

Samples: Agreement (Smith & Nephew PLC)

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