Common use of Payments to Finance Parties Clause in Contracts

Payments to Finance Parties. If a Finance Party (Recovering Finance Party) receives or recovers any amount from an Obligor other than in accordance with clauses 16.2 (participation fee), 16.3 (Agency fee) and 34 (Payment mechanics) (a Recovered Amount) and applies that amount (or exercises any other right (including any right of set-off or combination) which it may have, in each case) to or towards the discharge of a payment due under the Finance Documents then:

Payments to Finance Parties. (a) If a Finance Party (Recovering Finance Party) receives or recovers any amount from an Obligor other than in accordance with clauses 16.2 13.1 (participation Arrangement fee), 16.3 13.2 (Agency fee), 13.3 (Security Trustee fee) and 34 32 (Payment mechanics) (a Recovered Amount) ), and applies that amount (or exercises any other right (including any right of 123 set-off or combination) which it may have, in each case) to or towards the discharge of a payment due under the Finance Documents then:

Payments to Finance Parties. If (a) Subject to clause 33.1(b) below, if a Finance Party (Recovering Finance Party) receives or recovers any amount from an Obligor other than in accordance with clauses 16.2 (participation fee), 16.3 (Agency fee) and 34 (Payment mechanics) (a Recovered Amount) and applies that amount (or exercises any other right (including any right of set-off or combination) which it may have, in each case) to or towards the discharge of a payment due under the Finance Documents then: