Distributions to the Borrower. FMO may (with the consent of the Borrower or in accordance with Section 8.5 (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 any Finance Document (other than any Designated Sales Contract) or in or towards purchase of any amount of any currency to be so applied.
Appears in 3 contracts
Samples: Assignment and Assumption (Canuelas Mill S.A.C.I.F.I.A.), Assignment and Assumption (Canuelas Mill S.A.C.I.F.I.A.), Assignment and Assumption (Canuelas Mill S.A.C.I.F.I.A.)
Distributions to the Borrower. FMO may (with the consent of the Borrower or in accordance with Section 8.5 (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 any the Finance Document (other than any Designated Sales Contract) Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Term Facility Agreement (Grupo Financiero Galicia Sa)
Distributions to the Borrower. FMO may (with the consent of the Borrower or in accordance with Section 8.5 Clause 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 any the Finance Document (other than any Designated Sales Contract) Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Agreement (MK Arizona Corp.)
