Distributions to the Borrower. The Facility Agent may (with the consent of the Borrower or in accordance with Clause 25 (Set-off)) apply any amount received by it for the Borrower in or towards payment (in the currency and funds of receipt) of any amount due from the Borrower 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 (China Security & Surveillance Technology, Inc.), Agreement (China Security & Surveillance Technology, Inc.)
Distributions to the Borrower. The Facility Agent may (with the consent of the Borrower or in accordance with Clause 25 27 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Assignment Agreement (Wanda Sports Group Co LTD), Assignment Agreement (Wanda Sports Group Co LTD)
Distributions to the Borrower. The Facility Agent may (with the consent of the Borrower or in accordance with Clause 25 31 (Set-offSet- Off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied. Any amount payable to the Borrower shall be credited by the Facility Agent to the Borrower as soon as reasonably practicable after receipt by the Facility Agent.
Appears in 2 contracts
Samples: www.sec.gov, Term Loan Facility Agreement (Sibanye Gold LTD)
Distributions to the Borrower. The Facility Agent may (with the consent of the Borrower or in accordance with Clause 25 28 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower 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 (Randgold Resources LTD), Facility Agreement (PT Indosat TBK)
Distributions to the Borrower. The Facility Agent may (with the consent of the Borrower or in accordance with Clause 25 33 (Set-offOff)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents this Agreement or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Facility Agreement, Facility Agreement (McDermott International Inc)
Distributions to the Borrower. The Facility Agent may (with the consent of the Borrower or in accordance with Clause 25 28 (Set-offOff)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to the Borrower. The Facility Agent may (with the consent of the Borrower or in accordance with Clause 25 28 (Set-off)) apply any amount received by it for the Borrower in or towards payment (in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Senior Facilities Agreement (Net 1 Ueps Technologies Inc)
Distributions to the Borrower. The Facility Agent may (with the consent of the Borrower or in accordance with Clause 25 29 (Set-offOff)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to the Borrower. The Facility Agent may (with the consent of the Borrower or in accordance with Clause 25 (Set-off)clause 29) apply any amount received from a third party by it for the Borrower in or towards payment (on the date and in the currency and funds of receiptreceipt by the Facility Agent) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Agreement (Commercial Metals Co)