Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.
Appears in 7 contracts
Samples: Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.), Agreement (Hillenbrand, Inc.)
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor the Company or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 26.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 5 contracts
Samples: And Restatement Agreement (Alibaba Group Holding LTD), Facility Agreement (Alibaba Group Holding LTD), Facility Agreement (Alibaba Group Holding LTD)
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 40.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 4 contracts
Samples: Facilities Agreement (StarTek, Inc.), Senior Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.)
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 30.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 3 contracts
Samples: Assignment Agreement (StoneX Group Inc.), Facility Agreement (StoneX Group Inc.), StoneX Group Inc.
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 3 contracts
Samples: Assignment Agreement (Gold Fields LTD), Facilities Agreement (Alibaba Group Holding LTD), Alibaba Group Holding LTD
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor a Loan Party or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 31.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 2 contracts
Samples: Facilities Agreement (Igate Corp), Facilities Agreement (Igate Corp)
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 35.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 2 contracts
Samples: Senior Facilities Agreement (Fintrax US Acquisition Subsidiary, Inc.), Facilities Agreement (Melco Crown Entertainment LTD)
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 (Payments clause 26.l(Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 2 contracts
Samples: Agreement (Hamilton Insurance Group, Ltd.), Assignment Agreement (Hamilton Insurance Group, Ltd.)
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor a Borrower or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 31.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 2 contracts
Samples: Facility Agreement (IHS Holding LTD), Facility Agreement (IHS Holding LTD)
Impaired Agent. (aA) If, at any time, the Agent becomes an Impaired Agent, an Obligor the Borrower or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 27.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 2 contracts
Samples: Facilities Agreement (Rentokil Initial PLC /Fi), Facilities Agreement (Rentokil Initial PLC /Fi)
Impaired Agent. (a) If, at any time, the Agent becomes (and for so long as it is) an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 33.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 2 contracts
Samples: Intercreditor Agreement (CorpAcq Group PLC), Intercreditor Agreement (CorpAcq Group PLC)
Impaired Agent. (a) If, at any time, the Agent becomes (and for so long as it is) an Impaired Agent, an Obligor or a Lender Subscriber which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 36.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 2 contracts
Samples: Intercreditor Agreement (CorpAcq Group PLC), Intercreditor Agreement (CorpAcq Group PLC)
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 33.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 2 contracts
Samples: Facility Agreement (NorthStar Healthcare Income, Inc.), Facility Agreement (Northstar Realty Finance Corp.)
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 31.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such In that case such payments must be made on the due date for payment under the Finance Documents.
Appears in 2 contracts
Samples: Agreement (Alliance Data Systems Corp), Agreement (Alliance Data Systems Corp)
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, a Borrower or an Obligor or a Lender Issuing Bank which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 24.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 1 contract
Samples: Facility Agreement (Tower Group International, Ltd.)
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 33.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 1 contract
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 30.1 (Payments to the Agent) may instead either pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.
Appears in 1 contract
Samples: Facility Agreement (Imerys S.A.)
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor a Borrower or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 27.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 1 contract
Samples: Facilities Agreement
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 27.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 1 contract
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 32.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 1 contract
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 30.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either :
Appears in 1 contract
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor the Borrower or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 30.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 1 contract
Samples: Agreement (Himalaya Shipping Ltd.)
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor the Borrower or a Lender Bank which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 Clauses 10.1 (Payments to the AgentPlace) and 10.2 (Funds) may instead pay that amount direct directly to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documentsrecipient.
Appears in 1 contract
Samples: Agreement (Anglogold Ashanti LTD)
Impaired Agent. (a) 126. If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.
Appears in 1 contract
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 29.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 1 contract
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 34.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 1 contract
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender Bank which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 Clauses 10.1 (Payments to the AgentPlace) and 10.2 (Funds) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documentsrecipient.
Appears in 1 contract
Samples: Agreement (Anglogold Ashanti LTD)
Impaired Agent. (aA) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 34.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 1 contract
Samples: Agreement (Endava PLC)
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor the Borrower or a Lender which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 clause 39.1 (Payments to the Agent) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documents.either:
Appears in 1 contract
Impaired Agent. (a) If, at any time, the Agent becomes an Impaired Agent, an Obligor or a Lender Bank which is required to make a payment under the Finance Documents to the Agent in accordance with Clause 28.1 Clauses 11.1 (Payments to the AgentPlace) and 11.2 (Funds) may instead pay that amount direct to the required recipient(s). Such payments must be made on the due date for payment under the Finance Documentsrecipient.
Appears in 1 contract
Samples: Agreement (Anglogold Ashanti LTD)
