Common use of Payment of Proceeds Clause in Contracts

Payment of Proceeds. Subject to the terms of this Agreement, each Lender (or, as the case may be, Swingline Lender) shall make its participation in an Advance available to the Agent (or, in the case of a participation in a Swingline Advance, the U.S. Swingline Agent) for the Borrower concerned for value on the relevant Drawdown Date.

Appears in 4 contracts

Samples: Credit Agreement (Vodafone Group Public LTD Co), Credit Agreement (Vodafone Group Public LTD Co), Agreement (Vodafone Group Public LTD Co)

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Payment of Proceeds. Subject to the terms of this Agreement, each Lender (or, as the case may be, Swingline Lender) shall make its participation in an Advance available to the Agent (or, in the case of a participation in a Swingline Advance, the U.S. Euro Swingline Agent) for the Borrower concerned for value on the relevant Drawdown Date.

Appears in 2 contracts

Samples: Credit Agreement (Vodafone Group Public LTD Co), Agreement (Vodafone Group Public LTD Co)

Payment of Proceeds. Subject to the terms of this Agreement, each Lender (or, as the case may be, Swingline Lender) shall make its participation in an Advance available to the Agent (or, in the case of a 38 participation in a Swingline Advance, the U.S. Swingline Agent) for the Borrower concerned for value on the relevant Drawdown Date.

Appears in 1 contract

Samples: Agreement (Vodafone Group Public LTD Co)

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Payment of Proceeds. Subject to the terms of this Agreement, each Lender (or, as the case may be, Swingline Lender) shall make its participation in an Advance available to the Agent (or, in the case of a participation in a Swingline Advance, the U.S. Swingline Agent) for the Borrower concerned for value on the relevant Drawdown Date.. Back to Contents

Appears in 1 contract

Samples: Agreement (Vodafone Group Public LTD Co)

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