Common use of Funds Clause in Contracts

Funds. Payments under the Finance Documents to the Facility Agent must be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 73 contracts

Samples: Facility Agreement (TTM Technologies Inc), Agreement, Facility Agreement (TTM Technologies Inc)

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Funds. Payments under the Finance Documents to the Facility Agent must be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant that currency in the place for payment.

Appears in 16 contracts

Samples: Loan Facilities Agreement, Credit Agreement (Sara Lee Corp), Agreement (D.E Master Blenders 1753 B.V.)

Funds. Payments under the Finance Documents to the Facility Agent must shall be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 7 contracts

Samples: Schneider Electric Se, www.se.com, Agreement (Schneider Electric Sa)

Funds. Payments under the Finance Documents must (unless otherwise expressly provided) be made to the Facility Agent must be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 4 contracts

Samples: Agreement (Viasystems Inc), Agreement (Kabel Deutschland Vertrieb Und Service GmbH & Co. KG), Agreement (Hungarian Telephone & Cable Corp)

Funds. Payments under the Finance Documents to the Facility Agent must be made for value on the due date at such times and in such funds as the Facility Agent may acting reasonably specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 4 contracts

Samples: Agreement (United States Steel Corp), Agreement (United States Steel Corp), Agreement (United States Steel Corp)

Funds. Payments Unless a contrary indication appears in any Finance Document, payments under the Finance Documents to the Facility Agent must be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 3 contracts

Samples: Agreement, Agreement (Eros International PLC), Facilities Agreement (Eros International PLC)

Funds. Payments under the Finance Documents to the Facility Agent must be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for of payment.

Appears in 3 contracts

Samples: Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC)

Funds. Payments under the Finance Documents to the Facility Agent must shall be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 1 contract

Samples: Agreement (Chaparral Resources Inc)

Funds. Payments Payments, which are made under the Finance Documents to the Facility Agent must be made for value on the due date date, shall be made at such times and in such funds as specified by the Facility Agent may specify to of the affected Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for of payment.

Appears in 1 contract

Samples: Credit Facility Agreement (First Solar, Inc.)

Funds. Payments under the Finance Documents to the Facility Agent must be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency U.S. Dollars in the place for payment.

Appears in 1 contract

Samples: Agreement (Smith & Nephew PLC)

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Funds. Payments under the Finance Documents to the Facility Agent must be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.. TETONS β€” AMENDED AND RESTATED CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement (TTM Technologies Inc)

Funds. Payments under the Finance Documents to the Facility Agent must be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment. Any payment received by the Facility Agent after 5:00 pm New York time shall be deemed to have been received on the next Business Day.

Appears in 1 contract

Samples: Agreement (Seaspan CORP)

Funds. Payments under the Senior Finance Documents to the Facility Agent must be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Smurfit Kappa Funding PLC)

Funds. Payments under the Finance Documents to the Facility an Agent must be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 1 contract

Samples: Agreement (Imperial Tobacco Group PLC)

Funds. Payments under the Finance Documents to the Facility Agent must be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant that currency in the place for payment.

Appears in 1 contract

Samples: Facilities Agreement (Royal Ahold)

Funds. Payments under the Finance Documents to the Facility Agent must shall be made for value on the due date at such times and in such immediately available funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 1 contract

Samples: Intercreditor Agreement (Metro International Sa)

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