Common use of Distributions by the Facility Agent Clause in Contracts

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 (Distributions to an Obligor Party) and Clause 32.4 (Clawback) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 3 contracts

Samples: Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD)

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Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 30.3 (Distributions to an Obligor PartyObligor) and Clause 32.4 30.4 (Clawback) ), be made available by the Facility 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 Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 3 contracts

Samples: Term Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 24.3 (Distributions to an Obligor Partythe Borrower) and Clause 32.4 24.4 (ClawbackClawback and pre-funding) be made available by the Facility 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)Agreement, to such account as that Party may notify to the Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre center of the country of that currency.

Appears in 2 contracts

Samples: Facility Agreement, ire.finanzas.gob.ec

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 (Distributions to an Obligor PartyObligor) and Clause 32.4 (Clawback) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 2 contracts

Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 26.3 (Distributions to an Obligor Partythe Borrower) and Clause 32.4 26.4 (ClawbackClawback and pre-funding) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank specified by that Party in the principal financial centre of the country of that currency.

Appears in 2 contracts

Samples: Assignment Agreement (Wanda Sports Group Co LTD), Assignment Agreement (Wanda Sports Group Co LTD)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 28.3 (Distributions to an Obligor Partya Borrower) and Clause 32.4 28.5 (Clawback) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 2 contracts

Samples: Syndicated Facility Agreement (Equinix Inc), Facility Agreement (Equinix Inc)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 (Distributions to an Obligor Party) and Clause 32.4 (Clawback) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 2 contracts

Samples: Agreement (GDS Holdings LTD), Agreement (GDS Holdings LTD)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 25.3 (Distributions to an Obligor Partythe Borrower) and Clause 32.4 25.4 (Clawback) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ business days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Agreement (China Security & Surveillance Technology, Inc.)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 39.3 (Distributions to an Obligor PartyObligor) and Clause 32.4 39.4 (ClawbackClawback and pre-funding) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank specified by that Party in the principal financial centre of the country of that currency, as specified by that Party or, in the case of an advance of the Loan, to such account of such person as may be specified by the Borrowers in the Utilisation Request.

Appears in 1 contract

Samples: And Restatement Agreement (Ardmore Shipping Corp)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 27.3 (Distributions to an Obligor Partythe Borrower), Clause 27.4 (Clawback) and Clause 32.4 24.17 (ClawbackDeduction from amounts payable by the Facility Agent) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (PT Indosat TBK)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents this Agreement for another Party shall, subject to Clause 32.3 (Distributions to an Obligor Partythe Borrower) and Clause 32.4 (Clawback) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (McDermott International Inc)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 30.3 (Distributions to an Obligor PartyObligor) and Clause 32.4 30.4 (Clawback) ), be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Dual Currency Term Facilities Agreement (Xstrata PLC)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 24.3 (Distributions to an Obligor Partythe Borrower) and Clause 32.4 24.4 (Clawback) be made available by the Facility 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 Facility Agent by not less than five (5) Business Daysbusiness days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (China Security & Surveillance Technology, Inc.)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 27.3 (Distributions to an Obligor Partythe Borrower) and Clause 32.4 27.4 (Clawback) ), be made available by the Facility 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 Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Senior Facilities Agreement (Net 1 Ueps Technologies Inc)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 26.3 (Distributions to an Obligor Partythe Borrower) and Clause 32.4 26.4 (Clawback) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Visteon Corp)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 27.3 (Distributions to an Obligor Partythe Borrower) and Clause 32.4 27.4 (Clawback) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (Randgold Resources LTD)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 28.3 (Distributions to an Obligor PartyObligor) and Clause 32.4 28.4 (Clawback) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (China XD Plastics Co LTD)

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

Appears in 1 contract

Samples: Facility Agreement (Gold Fields LTD)

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Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 (Distributions to an Obligor Party) and Clause 32.4 14.3 (Clawback) ), be made available by the that Facility Agent as soon as practicable without undue delay (unverzüglich) 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)Agreement, to such account as that Party may notify to the that Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currencycurrency (or, in relation to Euro, in the principal financial centre of a Participating Member State).

Appears in 1 contract

Samples: Agreement (Archstone Smith Trust)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 27.3 (Distributions to an Obligor Partythe Borrower) and Clause 32.4 27.4 (ClawbackClawback and pre-funding) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (Randgold Resources LTD)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 24.3 (Distributions to an Obligor Partythe Borrower) and Clause 32.4 24.4 (Clawback) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ business days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Agreement (China Security & Surveillance Technology, Inc.)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 27.3 (Distributions to an Obligor PartyObligor) and Clause 32.4 27.4 (Clawback) and Clause 27.9 (Payments to the Security Agent), be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (Multi Fineline Electronix Inc)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 27.3 (Distributions to an Obligor Partythe Borrower) and Clause 32.4 27.4 (Clawback) ), be made available by the Facility 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 Facility Agent by not less than five 5 (5five) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Agreement (Mobile Telesystems Ojsc)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 33.3 (Distributions to an Obligor PartyObligor) and Clause 32.4 33.4 (Clawback) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.currency or, in the case of an Advance, to such account of such person as may be specified by the Borrowers in a Utilisation Request..

Appears in 1 contract

Samples: Assignment Agreement (Ardmore Shipping Corp)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 34.3 (Distributions to an Obligor PartyObligor) and Clause 32.4 34.4 (Clawback) ), be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facilities Agreement (ShangPharma Corp)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 26.3 (Distributions to an Obligor PartyObligor) and Clause 32.4 26.4 (Clawback) ), be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Dual Currency Term Facility Agreement (Xstrata PLC)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 27.3 (Distributions to an Obligor PartyObligor) and Clause 32.4 27.4 (Clawback) Clawback Arrangements), be made available by the Facility Agent as soon as practicable after receipt to the Party entitled to receive that payment in accordance with this Agreement (and, in the case of a Lender, for the account of its Facility Officeacting agent), to such account as that Party may notify to the Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre of the country of that the relevant currency.

Appears in 1 contract

Samples: Facility Agreement (Lamb Weston Holdings, Inc.)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 25.4 (Distributions to an Obligor Partythe Borrower) and Clause 32.4 25.5 (Clawback) and Clause 25.12 (Payments to the Security Agent), be made available by the Facility 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 Facility Agent by not less than five (5) Business Days’ notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Coface Covered Export Credit Agreement (Hughes Network Systems, LLC)

Distributions by the Facility Agent. (a) Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 32.3 29.3 (Distributions to an Obligor Partythe Borrower and the Guarantor) and Clause 32.4 29.4 (Clawback) ), be made available by the Facility 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 Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Agreement (Micron Technology Inc)

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