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Common use of Payment Office Clause in Contracts

Payment Office. Any Noteholder may, at its option, elect to change its Payment Office from time to time and designate another in a written notice to the Borrower.

Appears in 3 contracts

Sources: Note Agreement (Transocean Sedco Forex Inc), Note Agreement (R&b Falcon Corp), Revolving Credit and Note Purchase Agreement (Todco)

Related Clauses

  • Administrative Agent’s Office
  • Advances by Administrative Agent
  • Designation of Different Lending Office
  • Designation of a Different Lending Office
  • Non-Receipt of Funds by Administrative Agent

Parent Clauses

  • CERTAIN COVENANTS
  • Repayments Prepayments Interest and Fees
  • Fees
  • Miscellaneous
  • Indemnification

Sub-Clauses

  • Out-of-Pocket Expenses; Administration
  • Counterparts
  • Governing Law
  • No Disclosure
  • Severability
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