Common use of Payment to the Lenders Clause in Contracts

Payment to the Lenders. Sections of this Agreement which provide for payment or repayment in a National Currency Unit shall be construed so that, in relation to the payment of any amount of Euro Units or National Currency Units, such amount shall be made available to the Lenders (including the Issuing Bank), in immediately available, freely transferable, cleared funds to such account with each bank (in such principal financial center) as each Lender may from time to time nominate for this purpose in accordance with this Agreement.

Appears in 3 contracts

Samples: And Term Loan Agreement (Bristow Group Inc), Revolving Credit Agreement (Bristow Group Inc), Letter of Credit Facility Agreement (Bristow Group Inc)

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Payment to the Lenders. Sections of this Agreement which provide for payment or repayment in a National Currency Unit shall be construed so that, in relation to the payment of any amount of Euro Units or National Currency Units, such amount shall be made available to the Lenders (including the Issuing Bank)Lenders, in immediately available, freely transferable, cleared funds to such account with each bank (in such principal financial center) as each Lender may from time to time nominate for this purpose in accordance with this Agreement.

Appears in 2 contracts

Samples: Revolving Credit Agreement (JLG Industries Inc), Revolving Credit Agreement (JLG Industries Inc)

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