Common use of Distributions by the Agent Clause in Contracts

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 (Distributions to an Obligor), Clause 29.4 (Clawback) and Clause 26.16 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 2 contracts

Samples: Facilities Agreement (Bunge LTD), Facilities Agreement (Analex Corp)

AutoNDA by SimpleDocs

Distributions by the Agent. Each payment received by the an Agent under the Finance Documents for another Party shall, subject to Clause 29.3 35.3 (Distributions to an Obligor), Clause 29.4 35.4 (Clawback) and Clause 26.16 32.17 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 2 contracts

Samples: Agreement (Shire PLC), Facilities Agreement (Shire PLC)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 28.3 (Distributions to an Obligor), Clause 29.4 28.4 (Clawback) and Clause 26.16 24.17 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 2 contracts

Samples: 2 Term Facility Agreement (Citigroup Inc), Agreement (Citigroup Inc)

Distributions by the Agent. Each payment received by the Agent under the Senior Finance Documents for another Party shall, subject to Clause 29.3 32.3 (Distributions to an Obligor), ) and Clause 29.4 32.4 (Clawback) and Clause 26.16 to 11.1 (Deduction from amounts payable by Turnover Obligations) of the Agent) Intercreditor Agreement, be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five 5 Business Days’ notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 2 contracts

Samples: Facility Agreement (Inmarsat Holdings LTD), Agreement (Inmarsat Launch CO LTD)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 30.3 (Distributions to an Obligor), Clause 29.4 30.4 (Clawback), Clause 30.12 (Payments to the Security Agent) and Clause 26.16 27.20 (Deduction from amounts payable by the Agent and Security Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice with a bank in the principal financial centre of the country of that currency (or, in relation to euroEuro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Agreement (Melrose PLC)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 32.3 (Distributions to an Obligor), Clause 29.4 32.4 (Clawback) and Clause 26.16 28.17 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London), other than a Non-Cooperative Jurisdiction.

Appears in 1 contract

Samples: Agreement (Whirlpool Corp /De/)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 clause 26.3 (Distributions to an Obligor), Clause 29.4 clause 26.4 (ClawbackClawback and pre-funding) and Clause 26.16 clause 22.17 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice with a bank specified by that Party in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London, as specified by that Party).

Appears in 1 contract

Samples: Assignment Agreement (Hamilton Insurance Group, Ltd.)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 (Distributions to an Obligor), Clause 29.4 (Clawback) and Clause 26.16 25.17 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Agreement (Citigroup Inc)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 32.3 (Distributions to an Obligor), Clause 29.4 32.4 (Clawback) and Clause 26.16 28.17 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Agreement (Solutia Inc)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 37.3 (Distributions to an Obligor), Clause 29.4 37.4 (Clawback) and Clause 26.16 34.18 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Facility Agreement (WABCO Holdings Inc.)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 32.3 (Distributions to an Obligor), Clause 29.4 32.4 (Clawback) and Clause 26.16 29.16 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank specified by that Party in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of in a Participating Member State or London, as specified by that Party).

Appears in 1 contract

Samples: Facilities Agreement (Syngenta Ag)

Distributions by the Agent. Each payment received by the an Agent under the Finance Documents for another Party shall, subject to Clause 29.3 35.3 (Distributions to an Obligor), Clause 29.4 35.4 (Clawback) and Clause 26.16 32.17 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Agreement (Shuttle Corp)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 28.3 (Distributions to an Obligor), Clause 29.4 28.4 (Clawback) and Clause 26.16 25.17 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the a principal financial centre of in a Participating Member State or London).

Appears in 1 contract

Samples: Facilities Agreement (Cemex Sab De Cv)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 31.3 (Distributions to an Obligor), Clause 29.4 31.4 (Clawback) and Clause 26.16 28.15 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Facility Agreement (Enodis PLC)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 ‎33.3 (Distributions to an Obligor), ) and Clause 29.4 ‎33.4 (Clawback) and Clause 26.16 ‎29.23 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Agreement (Kronos International Inc)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 33.3 (Distributions to an Obligor), Clause 29.4 33.4 (ClawbackClawback and pre-funding) and Clause 26.16 33.10 (Deduction from amounts payable by Payments to the Security Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice with a bank specified by that Party in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London, as specified by that Party).

Appears in 1 contract

Samples: Facility Agreement (UTAC Holdings Ltd.)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 31.3 (Distributions to an Obligor), ) and Clause 29.4 31.4 (Clawback) and Clause 26.16 28.24 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Agreement (Kronos Worldwide Inc)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 27.3 (Distributions to an Obligorthe Borrower), Clause 29.4 27.4 (Clawback) and Clause 26.16 24.16 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice with a bank in the principal financial centre of the country of that currency (or, in relation to euroEuro, in the principal financial centre of a Participating Member State certain member states or London).

Appears in 1 contract

Samples: Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

AutoNDA by SimpleDocs

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 30.3 (Distributions to an Obligor), Clause 29.4 34.4 (Clawback) and Clause 26.16 27.16 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Agreement (Luxottica Group Spa)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 31.3 (Distributions to an Obligor), Clause 29.4 31.4 (Clawback) and Clause 26.16 28.18 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Assignment Agreement (Shire PLC)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 (Distributions to an Obligor), ) and Clause 29.4 (Clawback) and Clause 26.16 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent in accordance with paragraphs (c) and (d) of Clause 29.1 (Payments) by not less than five Business Days’ notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Credit Agreement (Sappi LTD)

Distributions by the Agent. Each payment received by the an Agent under the Finance Documents for another Party shall, subject to Clause 29.3 36.3 (Distributions to an Obligor), Clause 29.4 36.4 (Clawback) and Clause 26.16 33.17 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Facilities Agreement (Shire Pharmaceuticals Group PLC)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 clause 26.3 (Distributions to an Obligor), Clause 29.4 clause 26.4 (ClawbackClawback and pre-funding) and Clause 26.16 clause 22.17 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice with a bank specified by that Party in the principal financial centre of the country of that currency (or, in relation to euro, in the 100 principal financial centre of a Participating Member State or London, as specified by that Party).

Appears in 1 contract

Samples: Agreement (Hamilton Insurance Group, Ltd.)

Distributions by the Agent. Each payment received by the Agent under the Finance Transaction Documents for another Party shall, subject to Clause 29.3 (Distributions to an Obligor), Clause 29.4 (Clawback) and Clause 26.16 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five 5 Business Days’ notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (Anthracite Capital Inc)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 (Distributions to an Obligor), Clause 29.4 (Clawback) and Clause 26.16 26.17 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Multicurrency Term and Revolving Facilities Agreement (LG Acquisition Corp.)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 30.3 (Distributions to an Obligor), Clause 29.4 30.4 (Clawback) and Clause 26.16 27.18 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice with a bank specified by that Party in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London, as specified by that Party).

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Markit Ltd.)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 41.3 (Distributions to an Obligor), ) and Clause 29.4 41.4 (Clawback) and Clause 26.16 37.23 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Agreement (Kronos International Inc)

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 (Distributions to an Obligor), Clause 29.4 (Clawback) and Clause 26.16 25.17 (Deduction from amounts payable by the Agent) ), be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the principal financial centre of a Participating Member State or London).

Appears in 1 contract

Samples: Central European Media Enterprises LTD

Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 (Distributions to an Obligor), Clause 29.4 (Clawback) and Clause 26.16 26.17 (Deduction from amounts payable by the Agent) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency (or, in relation to euro, in the a principal financial centre of in a Participating Member State or London).

Appears in 1 contract

Samples: Term and Revolving Facilities Agreement (Cemex Sa De Cv)

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