Common use of Payment by the Borrower Clause in Contracts

Payment by the Borrower. (1) Except as otherwise provided herein, all payments made by or on behalf of the Borrower pursuant to this Agreement shall be made to and received by the Agent and shall be distributed by the Agent to the Lenders as soon as possible upon receipt by the Agent. Except as otherwise provided in this Agreement (including Section 9.3(2), the Agent shall distribute:

Appears in 2 contracts

Samples: Assignment Agreement (Waste Management Inc), Restricted Stock Unit Award Agreement

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Payment by the Borrower. (1) Except as otherwise provided herein, all payments made by or on behalf of the Borrower pursuant to this Agreement shall be made to and received by the Agent and shall be distributed by the Agent to the Lenders as soon as possible upon receipt by the Agent. Except as otherwise provided in this Agreement (including Section 9.3(2Sections 5.22 and 5.24), the Agent shall distribute:

Appears in 1 contract

Samples: Credit Agreement (Anixter International Inc)

Payment by the Borrower. (1) Except as otherwise provided herein, all payments made by or on behalf of the Borrower pursuant to this Agreement shall be made to and received by the Agent and shall be distributed by the Agent to the Lenders as soon as possible upon receipt by the Agent. Except as otherwise provided in this Agreement (including Section 9.3(2Sections 5.18 and 5.20), the Agent shall distribute:

Appears in 1 contract

Samples: Assignment and Assumption (Convergys Corp)

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Payment by the Borrower. (1) Except as otherwise provided herein, all payments made by or on behalf of the Borrower pursuant to this Agreement shall be made to and received by the Agent and shall be distributed by the Agent to the Lenders as soon as possible upon receipt by the Agent. Except as otherwise provided in this Agreement (including Section 9.3(2Sections 5.24 and 5.26), the Agent shall distribute:: CREDIT AGREEMENT

Appears in 1 contract

Samples: Credit Agreement (Canwest Mediaworks Inc)

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