Common use of Payments to Finance Parties Clause in Contracts

Payments to Finance Parties. If a Finance Party (other than in the case of the Security Trustee for its own account as Security Trustee) (a Recovering Finance Party) receives or recovers any amount from an Obligor other than in accordance with Clause 31 (Payment Mechanics) and applies that amount to a payment due by an Obligor only in its capacity as either a Borrower or a Guarantor under the Finance Documents then:

Appears in 3 contracts

Samples: And Restatement Agreement (Liberty Global PLC), And Restatement Agreement (Liberty Global PLC), Amendment and Restatement Agreement (Liberty Global PLC)

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Payments to Finance Parties. If a Finance Party (other than in the case of the Security Trustee Agent for its own account as Security TrusteeAgent) (a Recovering Finance Party) receives or recovers any amount from an Obligor the Borrower other than in accordance with Clause 31 28 (Payment Mechanics) and applies that amount to a payment due by an Obligor the Borrower only in its capacity as either a the Borrower or a Guarantor under the Finance Documents then:

Appears in 2 contracts

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

Payments to Finance Parties. If a Finance Party (other than in the case of the Security Trustee for its own account as Security Trustee) (a Recovering Finance Party) receives or recovers any amount from an Obligor other than in accordance with Clause 31 (Payment Mechanics) and applies that amount to a payment due by an Obligor only in its capacity as either a Borrower or a Guarantor under the Finance Documents then:

Appears in 1 contract

Samples: Restatement Agreement (Liberty Global PLC)

Payments to Finance Parties. If a Finance Party (other than in the case of the Security Trustee for its own account as Security Trustee) (a Recovering Finance Party) receives or recovers any amount from an Obligor other than in accordance with Clause 31 (Payment Mechanics) and applies that amount to a payment due by an Obligor only in its capacity as either a Borrower or a Guarantor under the Finance Documents then:: 149 63529049_1

Appears in 1 contract

Samples: Additional Facility Accession Agreement (Liberty Global PLC)

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Payments to Finance Parties. 170 If a Finance Party (other than in the case of the Security Trustee for its own account as Security Trustee) (a Recovering Finance Party) receives or recovers any amount from an Obligor other than in accordance with Clause 31 (Payment Mechanics) and applies that amount to a payment due by an Obligor only in its capacity as either a Borrower or a Guarantor under the Finance Documents then:

Appears in 1 contract

Samples: Facilities Agreement (Liberty Global PLC)

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