Common use of Distributions by the Agent Clause in Contracts

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 (Distributions to the Borrower) and 32.4 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 6 contracts

Samples: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Seadrill Partners LLC)

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Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 29.3 (Distributions to the Borroweran Obligor) and 32.4 Clause 29.4 (Clawback), ) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 3 contracts

Samples: Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 30.3 (Distributions to the Borroweran Obligor) and 32.4 Clause 30.4 (Clawback), ) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account with such bank as that Party may notify to the Agent by not less than five (5) Business Days' notice.

Appears in 3 contracts

Samples: Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.), Term Loan Facilities Agreement (DHT Holdings, Inc.)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 clause 34.3 (Distributions to the Borroweran Obligor) and 32.4 clause 34.4 (Clawback), Clawback and pre-funding) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice' notice with a bank specified by that Party.

Appears in 2 contracts

Samples: Certain Confidential Information (Metals Acquisition LTD), Certain Confidential Information (Metals Acquisition Corp)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 28.3 (Distributions to the Borroweran Obligor), Clause 28.4 (Clawback) and 32.4 Clause 25.17 (Clawback), Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 2 contracts

Samples: Agreement (Bunge LTD), Agreement (Bunge LTD)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 30.3 (Distributions to the Borroweran Obligor) and 32.4 Clause 30.4 (Clawback), ) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account with such bank as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 2 contracts

Samples: Agreement (DHT Holdings, Inc.), October 2015 (DHT Holdings, Inc.)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 28.3 (Distributions to the Borrower) and 32.4 28.4 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 2 contracts

Samples: Assignment Agreement (B Plus H Ocean Carriers LTD), Revolving Credit Facility Agreement (Seawell LTD)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 31.3 (Distributions to the Borrower), Clause 31.4 (Clawback) and 32.4 Clause 28.17 (Clawback), Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days' notice.

Appears in 2 contracts

Samples: Agreement (Bunge Global SA), Agreement (Bungeltd)

Distributions by the Agent. Each payment received by the Agent under the Senior Finance Documents for another Party party shall, subject to Clause 32.3 15.3 (Distributions to the Borroweran Obligor) and 32.4 Clause 15.4 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Lending Office), to such account as that Party party may notify to the Agent (by not less than five (5) Business Days’ notice.notice or such shorter period as the Agent may approve):

Appears in 2 contracts

Samples: Facilities Agreement (United Biscuits Finance PLC), Facilities Agreement (United Biscuits Finance PLC)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 30.4 (Distributions to the Borroweran Obligor) and 32.4 Clause 30.5 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days’ noticenotice with a bank in a principal financial centre in Warsaw or London.

Appears in 2 contracts

Samples: Facilities Agreement (Central European Distribution Corp), Facility Agreement (Central European Distribution Corp)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 27.3 (Distributions to the Borrower) and 32.4 Clause 27.4 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 2 contracts

Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Second Amendment and Restatement Agreement (Gulfmark Offshore Inc)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 30.3 (Distributions to the Borrower) and 32.4 30.4 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 2 contracts

Samples: Senior Secured Credit Facility Agreement (Seadrill Partners LLC), And Restatement Agreement (Seadrill Partners LLC)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 30.3 (Distributions to the Borroweran Obligor) and 32.4 Clause 30.4 (Clawback), ) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 2 contracts

Samples: Assignment Agreement (Enstar Group LTD), Assignment Agreement (Enstar Group LTD)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 31.3 (Distributions to the Borroweran Obligor) and 32.4 Clause 31.4 (Clawback), Clawback and pre-funding) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account with such bank as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 1 contract

Samples: Agreement (KNOT Offshore Partners LP)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 27.3 (Distributions to the Borrower) and 32.4 27.4 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 1 contract

Samples: Assignment Agreement (Helix Energy Solutions Group Inc)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 30.3 (Distributions to the Borroweran Obligor), Clause 30.4 (Clawback) and 32.4 Clause 27.17 (Clawback), Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 1 contract

Samples: Agreement (Bunge LTD)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 (Distributions to the Borrower) and Clause 32.4 (Clawback), Clawback and pre-funding) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days’ noticenotice with a bank specified by that Party.

Appears in 1 contract

Samples: Agreement (Mohegan Tribal Gaming Authority)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 30.3 (Distributions to the Borroweran Obligor) and 32.4 Clause 30.4 (Clawback), Clawback and pre-funding) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account with such bank as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 1 contract

Samples: Agreement (KNOT Offshore Partners LP)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 25.3 (Distributions to of the Borrower) and 32.4 Clause 25.4 (Clawback), ) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days’ noticenotice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Bridge Loan Facility Agreement (SeaDrill LTD)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 (Distributions to the Borrower) and 32.4 31.3 (Clawback), ) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 1 contract

Samples: Facility Agreement (KNOT Offshore Partners LP)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 31.3 (Distributions to the Borrower) and 32.4 31.4 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 1 contract

Samples: Secured Credit Facility Agreement (Ocean Rig UDW Inc.)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 27.3 (Distributions to the BorrowerBorrowers) and 32.4 27.4 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.. 27.3

Appears in 1 contract

Samples: Assignment Agreement (B Plus H Ocean Carriers LTD)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 27 3 (Distributions to the Borrower) and 32.4 27 4 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days' notice.

Appears in 1 contract

Samples: Assignment Agreement (Nordic American Tanker Shipping LTD)

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Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 clause 30.3 (Distributions to the Borroweran Obligor) and 32.4 clause 30.4 (Clawback), ) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 1 contract

Samples: Enstar Group LTD

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 29.3 (Distributions to the BorrowerObligors), 29.4 (Clawback) and 32.4 29.9 (ClawbackPayments to the Security Agent), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days' notice.

Appears in 1 contract

Samples: Facility Agreement (Flex LNG Ltd.)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 26.3 (Distributions to the Borrower) and 32.4 26.4 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 1 contract

Samples: General Geophysics Co

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 clause 31.3 (Distributions to the Borroweran Obligor) and 32.4 clause 31.4 (Clawback), ) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 1 contract

Samples: Facility Agreement (Enstar Group LTD)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 29.3 (Distributions to the Borrower) and 32.4 29.4 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 1 contract

Samples: Credit Facility Agreement (North Atlantic Drilling Ltd.)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 31.3 (Distributions to the Borroweran Obligor) and 32.4 Clause 31.4 (Clawback), ) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days’ noticenotice with a bank in London.

Appears in 1 contract

Samples: Facilities Agreement (Genesco Inc)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 31.3 (Distributions to the Borroweran Obligor) and 32.4 Clause 31.4 (Clawback), ) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice' notice with a bank in London.

Appears in 1 contract

Samples: Facilities Agreement (Genesco Inc)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 31.3 (Distributions to the Borroweran Obligor) and 32.4 Clause 31.4 (Clawback), Clawback and pre- funding) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days’ noticenotice with a bank specified by that Party and (for avoidance of doubt, if applicable) in accordance with Clause 31.5 (Payments).

Appears in 1 contract

Samples: Agreement (Digital Landscape Group, Inc.)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 31.3 (Distributions to the Borroweran Obligor) and 32.4 Clause 31.4 (Clawback), ) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account with such bank as that Party may notify to the Agent by not less than five (5) Business Days' notice.

Appears in 1 contract

Samples: Facility Agreement (DHT Holdings, Inc.)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 27.3 (Distributions to the Borrower), Clause 27.4 (Clawback) and 32.4 Clause 24.16 (Clawback), Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account with such bank as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 1 contract

Samples: Credit Facility Agreement (Sap Ag)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 28.3 (Distributions to the BorrowerBorrowers) and 32.4 Clause 28.4 (Clawback), ) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days’ noticenotice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Charter Agreement (Knightsbridge Shipping LTD)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 28.3 (Distributions to the BorrowerBorrowers) and 32.4 28.4 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 1 contract

Samples: Assignment Agreement (B Plus H Ocean Carriers LTD)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 31.4 (Distributions to the Borrower) and 32.4 Clause 31.5 (Clawback), ) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five 5 (5five) Business Days’ noticenotice with a bank in London.

Appears in 1 contract

Samples: Agreement (Morgans Hotel Group Co.)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 28.3 (Distributions to the Borroweran Obligor), Clause 28.4 (Clawback) and 32.4 Clause 25.16 (Clawback), Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five (5) Business Days’ notice.

Appears in 1 contract

Samples: Agreement (Bunge LTD)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 32.3 27.3 (Distributions to the Borrower) and 32.4 Clause 27.4 (Clawback), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement, to such account as that Party may notify to the Agent by not less than five (5) Business Days' notice.

Appears in 1 contract

Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

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