Common use of Payments to the Agent Clause in Contracts

Payments to the Agent. (a) On each date on which the Borrower or a Lender is required to make a payment under a Finance Document, the Borrower or Lender shall make the same available to the Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 27 contracts

Samples: Agreement (Himalaya Shipping Ltd.), Agreement (Mohegan Tribal Gaming Authority), Compagnie Maritime Belge NV

AutoNDA by SimpleDocs

Payments to the Agent. (a) On each date on which the Borrower or a Lender is required to make a payment under a Finance Document, the Borrower or Lender shall make the same available to the Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Agent as being customary at the time for settlement of transactions in the relevant currency dollars in the place of payment.

Appears in 7 contracts

Samples: Agreement (Bunge Global SA), Agreement (Bungeltd), Agreement (Bunge LTD)

Payments to the Agent. (a) On each date on which the Borrower or a Lender is required to make a payment under a Finance Document, the Borrower or that Lender shall make the same available to the Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by and to such account with such bank as the Agent as being customary at the shall specify from time for settlement of transactions in the relevant currency in the place of paymentto time.

Appears in 5 contracts

Samples: Restated Agreement (HCC Insurance Holdings Inc/De/), Restated Agreement (HCC Insurance Holdings Inc/De/), Restated Agreement (HCC Insurance Holdings Inc/De/)

Payments to the Agent. (a) On each date on which the Borrower or a Lender is required to make a payment under a Finance Document, the Borrower or Lender shall make the same available to the Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 3 contracts

Samples: Assignment Agreement (NORDIC AMERICAN TANKERS LTD), Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)

Payments to the Agent. (ai) On each date on which the Borrower or a Lender is required to make a payment under a Finance Document, the Borrower or Lender shall make the same available to the Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 2 contracts

Samples: Facility Agreement (Sterlite Industries (India) LTD), Million Facility Agreement (Sterlite Industries (India) LTD)

AutoNDA by SimpleDocs

Payments to the Agent. (aA) On each date on which the Borrower or a Lender is required to make a payment under a Finance Document, the Borrower or Lender shall make the same available to the Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 2 contracts

Samples: Facilities Agreement (Rentokil Initial PLC /Fi), Facilities Agreement (Rentokil Initial PLC /Fi)

Payments to the Agent. (a) On each date on which the Borrower or a Lender is required to make a payment under a Finance Document, the Borrower or Lender shall make the same available to the Agent (unless a contrary indication appears in a Finance Document) for value on the due date by 11:00 a.m. local currency time or at the time and in such funds specified by the Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 1 contract

Samples: Facilities Agreement (WEIBO Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.