Common use of Distributions to an Obligor Clause in Contracts

Distributions to an Obligor. The Agent and the Security Trustee may (with the consent of the Obligor or in accordance with Clause 31 (Set-off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 6 contracts

Samples: Restatement Agreement (Las Vegas Sands Corp), Agreement (Las Vegas Sands Corp), Agreement (Las Vegas Sands Corp)

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Distributions to an Obligor. The Agent and the or Security Trustee may (with the consent of the Obligor or in accordance with Clause 31 30 (Set-off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 2 contracts

Samples: Agreement (Marconi Corp PLC), Agreement (Marconi Corp PLC)

Distributions to an Obligor. The Agent and the Security Trustee may (with the consent of the Obligor or in accordance with Clause 31 (Set-off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 2 contracts

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

Distributions to an Obligor. The Each of the Facility Agent and the Security Trustee may (with the consent of the Obligor or in accordance with Clause 31 34 (Set-off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 1 contract

Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp)

Distributions to an Obligor. The Agent and the Security Trustee may (with the consent of the Obligor or in accordance with Clause 31 30 (Set-off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 1 contract

Samples: Facility Agreement (WNS (Holdings) LTD)

Distributions to an Obligor. The Each of the Facility Agent and the Security Trustee may (with the consent of the Obligor or in accordance with Clause 31 34 (Set-off)) apply any amount received by it for that Obligor in 11/11665581 127 or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 1 contract

Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp)

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Distributions to an Obligor. The Each of the Facility Agent and the Security Trustee may (with the consent of the Obligor or in accordance with Clause 31 33 (Set-off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.. 170 Index

Appears in 1 contract

Samples: Agreement (Carrizo Oil & Gas Inc)

Distributions to an Obligor. The Agent and the Security Trustee may (with the consent of the Obligor or in accordance with Clause 31 35 (Set-off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 1 contract

Samples: Facility Agreement (Las Vegas Sands Corp)

Distributions to an Obligor. The Agent Security Trustee and the Security Trustee Lender may (with the consent of the relevant Obligor or in accordance with Clause 31 30 (Set-off)) apply any amount received by it for from that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 1 contract

Samples: Loan Facility Agreement (DHT Holdings, Inc.)

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