Common use of Impaired Agent Clause in Contracts

Impaired Agent. (a) If, at any time, the Facility Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Facility Agent in accordance with clause 34.1 (Payments to the Facility Agent) may instead either:

Appears in 4 contracts

Samples: And Restatement Agreement (Aegean Marine Petroleum Network Inc.), And Restatement Agreement (Aegean Marine Petroleum Network Inc.), And Restatement Agreement (Aegean Marine Petroleum Network Inc.)

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Impaired Agent. (a) If, at any time, the Facility Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Facility Agent for the account of any person in accordance with clause 34.1 Clause 31.1 (Payments to the Facility Agent) may instead either:

Appears in 3 contracts

Samples: Facilities Agreement (RISE Education Cayman LTD), Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.), Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.)

Impaired Agent. (a) If, at any time, the Facility Agent becomes an Impaired Agent, an Obligor the Borrowers or a Lender which is required to make a payment under the Finance Documents to the Facility Agent in accordance with clause 34.1 (Payments to the Facility Agent) Clause 16.1 may instead either:

Appears in 2 contracts

Samples: Loan Agreement (Capital Product Partners L.P.), Loan Agreement (Capital Product Partners L.P.)

Impaired Agent. (a) If, at any time, the Facility Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Facility Agent in accordance with clause 34.1 Clause 12.1 (Payments to the Facility AgentPlace) may instead either:

Appears in 2 contracts

Samples: Facility Agreement (Global Ship Lease, Inc.), Facility Agreement (Global Ship Lease, Inc.)

Impaired Agent. (a) If, at any time, the Facility 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 Facility Agent in accordance with clause 34.1 clauses 40.1 (Payments to the Facility Agent) may instead either:

Appears in 2 contracts

Samples: Agreement (Hoegh LNG Partners LP), Hoegh LNG Partners LP

Impaired Agent. (a) If, at any time, the Facility 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 Facility Agent in accordance with clause 34.1 Clause 28.1 (Payments to the Facility Agent) may instead either:

Appears in 2 contracts

Samples: Agreement (Atlas Investissement), Agreement (Atlas Investissement)

Impaired Agent. (a) If, at any time, the Facility 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 Facility Agent in accordance with clause 34.1 Clause ‎27.1 (Payments to the Facility Agent) may instead either:

Appears in 1 contract

Samples: Facility Agreement (Randgold Resources LTD)

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Impaired Agent. (a) If, at any time, the Facility Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Facility Agent in accordance with clause Clause 34.1 (Payments to the Facility Agent) may instead either:

Appears in 1 contract

Samples: Facilities Agreement (ShangPharma Corp)

Impaired Agent. (a) If, at any time, the Facility Agent becomes an Impaired Agent, an Obligor or a Lender which is required to make a payment under the Finance Documents to the Facility Agent in accordance with clause 34.1 32.1 (Payments to the Facility AgentPayments) may instead either:

Appears in 1 contract

Samples: Agreement (SunOpta Inc.)

Impaired Agent. (a) If, at any time, the Facility 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 Facility Agent in accordance with clause 34.1 Clause 27.1 (Payments to the Facility Agent) may instead either:

Appears in 1 contract

Samples: Facility Agreement (Randgold Resources LTD)

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