Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 40.3 (Distributions to an Obligor) and Clause 40.4 (Clawback) and Clause 40.10 (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 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 (Rockwood Holdings, Inc.), Amendment and Restatement Agreement (Rockwood Holdings, Inc.)
Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 40.3 28.3 (Distributions to an ObligorBorrower) and Clause 40.4 28.4 (Clawback) and Clause 40.10 28.10 (Payments to the Security Agent), Trustee) 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)currency.
Appears in 2 contracts
Samples: Credit Agreement (Corporate Property Associates 16 Global Inc), Credit Agreement (Corporate Property Associates 16 Global Inc)
Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 40.3 29.3 (Distributions to the Parent or an Obligor) and Clause 40.4 29.4 (Clawback) and Clause 40.10 29.10 (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 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 (Allied Healthcare International Inc), Facility Agreement (Allied Healthcare International Inc)
Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 40.3 28.3 (Distributions to an Obligor) and Clause 40.4 28.4 (Clawback) and Clause 40.10 (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 in accordance with paragraphs (b), (c) and (d) of Clause 28.1 (Payments 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 euroEuro, in the principal financial centre of a Participating Member State or LondonMember).
Appears in 1 contract
Samples: Intercreditor Agreement (Sappi LTD)
Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 40.3 26.3 (Distributions to an Obligor) and the Borrower), Clause 40.4 26.4 (Clawback) and Clause 40.10 23.15 (Payments to Deduction from amounts payable by 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 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)currency.
Appears in 1 contract
Samples: Term Facility Agreement (Sterlite Industries (India) LTD)
Distributions by the Agent. Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 40.3 27.3 (Distributions to an Obligor) and the Borrower), Clause 40.4 27.4 (Clawback) and Clause 40.10 24.16 (Payments to Deduction from amounts payable by 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 (5) Business Days’ 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)currency.
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