Common use of Banks Clause in Contracts

Banks. The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days prior to the relevant payment.

Appears in 7 contracts

Samples: Agreement (Scottish Power PLC), Agreement (Scottish Power PLC), Agreement (Scottish Power PLC)

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Banks. (a) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days Days' prior notice from that Bank to the relevant paymentcontrary.

Appears in 6 contracts

Samples: Agreement (Cousin Acquisition Inc), Agreement (Sonera Corp), Agreement (Rexam Acquisition Subsidiary Inc)

Banks. The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five 5 Business Days prior to the relevant payment.

Appears in 5 contracts

Samples: Agreement (WDR Acquisition Corp), Agreement (S Acquisition Corp), Agreement (Entergy London Capital Lp)

Banks. (a) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days Days’ prior notice from that Bank to the relevant paymentcontrary. Each Bank, on the date on which it becomes a party to this Agreement, represents to the Agent and the Borrowers that it is an Approved Bank.

Appears in 3 contracts

Samples: Second Supplemental Agreement (Adecco Sa), Facility Agreement (Adecco Sa), Credit Agreement (Adecco Sa)

Banks. (a) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days Days’ prior notice from that Bank to the relevant paymentcontrary.

Appears in 3 contracts

Samples: Agreement (Anglogold Ashanti LTD), Agreement (Anglogold Ashanti LTD), Credit Agreement (British Energy Group PLC)

Banks. (a) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days prior notice from a Bank to the relevant paymentcontrary.

Appears in 2 contracts

Samples: Agreement (Yorkshire Power Group LTD), Supplemental Agreement (Yorkshire Power Group LTD)

Banks. The Each Agent may treat each Bank as a Bank, entitled to payments under this Agreement the Finance Documents and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five 5 Business Days prior to the relevant payment.

Appears in 2 contracts

Samples: Agreement (Azurix Corp), Subordination Agreement (Azurix Corp)

Banks. The 19.16.1 Each of the Agent and the Security Trustee may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days Days’ prior notice from that Bank to the relevant paymentcontrary.

Appears in 2 contracts

Samples: Agreement, Agreement (Century Aluminum Co)

Banks. (a) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received not less than 5 Business Days' prior notice from the that Bank to the contrary by not less than five Business Days prior to the relevant paymentcontrary.

Appears in 2 contracts

Samples: Agreement (Spirent PLC), Credit Agreement (Txu Europe LTD)

Banks. The (a) Each Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received not less than 5 Business Days' notice from the such Bank to the contrary by not less than five Business Days prior to the relevant payment.

Appears in 2 contracts

Samples: Credit Agreement (Getty Images Inc), Credit Agreement (Getty Images Inc)

Banks. (a) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until unless it has received notice from the Bank to the contrary by not less than five Business Days Days' prior notice from that Bank to the relevant paymentcontrary.

Appears in 2 contracts

Samples: Agreement (Polska Telefonia Cyfrowa Sp Zoo), Agreement (Polska Telefonia Cyfrowa Sp Zoo)

Banks. 21.17.1 The Facility Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five (5) Business Days Days' prior notice from that Bank to the relevant paymentcontrary.

Appears in 2 contracts

Samples: Schneider Electric Se, www.se.com

Banks. The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received not less than 5 Business Days' prior notice from the that Bank to the contrary by not less than five Business Days prior to the relevant paymentcontrary.

Appears in 2 contracts

Samples: Agreement (Lg Electronics Inc), Agreement (Lg Electronics Inc)

Banks. (a) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received not less than 5 Business Days’ prior notice from the that Bank to the contrary by not less than five Business Days prior to the relevant paymentcontrary.

Appears in 2 contracts

Samples: Credit Agreement (Spirent PLC), Facility Agreement (Spirent PLC)

Banks. The Each of the Agent and the Security Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the that Bank to the contrary by not less than five (unless otherwise agreed by the Agent or, as the case may be, the Security Agent) 5 Business Days Days' prior to the relevant payment.

Appears in 1 contract

Samples: Supplemental Agreement (Diamond Cable Communications PLC)

Banks. (a) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days Days' prior notice from that Bank to the relevant paymentcontrary. Each Bank, on the date on which it becomes a party to this Agreement, represents to the Agent and the Borrowers that it is an Approved Bank.

Appears in 1 contract

Samples: Agreement (Adecco Sa)

Banks. The Facility Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days Days' prior notice from that Bank to the relevant paymentcontrary.

Appears in 1 contract

Samples: Facility Agreement (Securitas Ab)

Banks. (a) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement the Finance Documents and as acting through its Facility Office(s) ), until it has received not less than five Business Days' notice from the Bank to the contrary by not less than five Business Days prior to the relevant paymentcontrary.

Appears in 1 contract

Samples: Agreement (Independent Energy Holdings PLC)

Banks. (a) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days prior to the relevant payment.

Appears in 1 contract

Samples: Agreement (Celltech Group PLC)

Banks. The (a) Each Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) ), until it has received not less than five Business Days' prior notice from the Bank to the contrary by not less than five Business Days prior to the relevant paymentcontrary.

Appears in 1 contract

Samples: Agreement (Toreador Resources Corp)

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Banks. (a) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received not less than 5 (five) Business Days’ prior written notice from the that Bank to the contrary by not less than five Business Days prior to the relevant paymentcontrary.

Appears in 1 contract

Samples: Agreement (Anglogold Ashanti LTD)

Banks. The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days Days' prior notice from that Bank to the relevant paymentcontrary. The Agent shall maintain a list of the Banks and their respective addresses for notices, and shall, promptly upon request from any Party from time to time, supply a copy of that list to that Party.

Appears in 1 contract

Samples: Management Agreement (Golar LNG LTD)

Banks. The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days Days’ prior notice from that Bank to the relevant paymentcontrary. The Agent shall maintain a list of the Banks and their respective addresses for notices, and shall, promptly upon request from any Party from time to time, supply a copy of that list to that Party.

Appears in 1 contract

Samples: Eleventh Supplemental Agreement (KNOT Offshore Partners LP)

Banks. The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five 5 Business Days prior to the relevant payment.

Appears in 1 contract

Samples: And Restatement Agreement (Waterford Wedgwood PLC)

Banks. (a) (i) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received not less than 5 Business Days' prior notice from the that Bank to the contrary by not less than five Business Days prior to the relevant paymentcontrary.

Appears in 1 contract

Samples: Credit Agreement (Spirent PLC)

Banks. The (a) Each Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days Days' prior notice from that Bank to the relevant paymentcontrary.

Appears in 1 contract

Samples: Facilities Agreement (Autoliv Inc)

Banks. The (a) An Agent may treat each Bank as a Bank, Bank and entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days prior to the any relevant payment.. 77 --------------------------------------------------------------------------------

Appears in 1 contract

Samples: Agreement (National Grid Group PLC)

Banks. (A) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received not less than five Business Days’ prior notice from the Bank to the contrary by not less than five Business Days prior to the relevant paymentcontrary.

Appears in 1 contract

Samples: Agreement (Tomkins PLC)

Banks. The (a) An Agent may treat each Bank as a Bank, Bank and entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days prior to the any relevant payment.

Appears in 1 contract

Samples: Agreement (National Grid Transco PLC)

Banks. (a) The Agent may treat each Bank as a Bank, Bank and entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days prior to the any relevant payment.

Appears in 1 contract

Samples: Agreement (National Grid Group P L C)

Banks. (a) The Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received not less than five Business Days' prior notice from the Bank to the contrary by not less than five Business Days prior to the relevant paymentcontrary.

Appears in 1 contract

Samples: Agreement (Txu Europe LTD)

Banks. (a) The Facility Agent may treat each Bank as a Bank, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received notice from the Bank to the contrary by not less than five Business Days Days' prior notice from that Bank to the relevant paymentcontrary.

Appears in 1 contract

Samples: Restatement Agreement (Vivendi Universal)

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