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 25.3 (Distributions to an Obligor) and 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 (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 ten Business Days' notice with a bank in London or New York.

Appears in 3 contracts

Samples: Agreement (Aramex International LTD), Mezzanine Bridge Facility Agreement (Aramex International LTD), Agreement (Aramex International LTD)

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Distributions by the Agent. Each payment received by the an Agent under the Finance Documents for another Party shall, subject to clause 25.3 Clause 30.3 (Distributions to an Obligorthe Borrower) and clause 25.4 Clause 30.4 (Clawback) be made available by the such Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a LenderBank, for the account of its Facility Office), to such account as that Party may notify to the such Agent by not less than ten five (5) Business Days' notice with a bank in London or New Yorknotice.

Appears in 2 contracts

Samples: Facility Agreement (Western Wireless Corp), Facility Agreement (Western Wireless Corp)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to clause 25.3 (Distributions to an Obligor) Clause 30.3 and clause 25.4 (Clawback) Clause 30.4 be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (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 ten five Business Days' notice with a bank in London or New Yorkthe principal financial centre of the country of that currency.

Appears in 2 contracts

Samples: Facilities Agreement (Inveresk Research Group Inc), Facilities Agreement (Inveresk Research Group LTD)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to clause 25.3 Clause 28.3 (Distributions to an Obligor) and clause 25.4 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 (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 ten five Business Days' notice with a bank in London or New Yorknotice.

Appears in 2 contracts

Samples: Facility Agreement (Salton Inc), Facility Agreement (Salton Inc)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to clause 25.3 Clause 35.3 (Distributions to an Obligor) and clause 25.4 Clause 35.4 (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 (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 ten five Business Days' ’ notice with a bank specified by that Party in London or New YorkLondon.

Appears in 1 contract

Samples: Intercreditor Agreement (Manchester United PLC)

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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 25.3 Clause 28.3 (Distributions to an Obligora Chargor) and clause 25.4 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 (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 ten five Business Days' notice with a bank in London or New YorkLondon.

Appears in 1 contract

Samples: Corporate Property Associates 16 Global Inc

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to clause 25.3 (Distributions to an Obligor) Clause 23.3 and clause 25.4 (Clawback) Clause 23.4 be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (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 ten five Business Days' notice with a bank in London or New Yorkthe principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Project Facility Agreement (Golden Star Resources LTD)

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