PAYMENT TO THE AGENT. The Recipient agrees to pay to the Agent an amount calculated as follows: P = D (X - Y) where P = the amount payable to the Agent D = the aggregate amount due to the Recipient out of which an amount has been discharged X = the fraction of D which has been discharged Y = the fraction which has been discharged, if any, of the aggregate amount due to the Lender which has the greatest proportion of that amount still outstanding. This amount will be paid no later than five Business Days after receipt of a notice from the Agent under Clause 13.2.
PAYMENT TO THE AGENT. 3.1 In consideration of the Agent carrying out the Duties and giving the warranty in clause 4, the Licensors jointly agree that the Agent shall be entitled to an aggregate sum equal to the Payment.
PAYMENT TO THE AGENT. 3.1 In consideration of the Agent carrying out the Duties and giving the warranty in clause 4, PTC (on behalf of the Partnership) agrees that the Agent shall be entitled to the Payment.
PAYMENT TO THE AGENT. (A) The Agent shall send the Borrower statements of all amounts due hereunder (or the Banks may in the case of Section 2.7 above), which statements shall be considered correct and conclusively binding on the Borrower unless the Borrower notifies the Agent to the contrary within one hundred eighty (180) days of its receipt of any statement to which it objects. All sums payable to the Banks hereunder shall be paid directly to the Agent for the account of each Bank in immediately available funds prior to 12:00 noon, Nashville time, on the date when such sums are due and payable. Any amounts received by the Agent after 12:00 noon Nashville time on any Business Day shall be deemed to have been received on the next Business Day.
PAYMENT TO THE AGENT. (a) On each date on which an Obligor or a Lender is required to make a payment under a Senior Finance Document, that Obligor or Lender shall make the same available to the Agent (unless a contrary indication appears in a Senior Finance Document) for value on the due date at the time and in such funds as is specified by the Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
PAYMENT TO THE AGENT. The Recipient agrees to pay to the Agent an amount calculated as follows: P = D (X - Y) where P = the amount payable to the Agent
PAYMENT TO THE AGENT. The Recipient agrees to pay to the Agent an amount equal to the amount discharged, less the amount which would have been received by the Recipient if the discharge had been made by payment to the Agent. This amount will be paid no later than five Business Days after receipt of a notice from the Agent under SECTION 15(2).
PAYMENT TO THE AGENT and the Lenders of the --------------- fees specified in this Agreement or in the Side Letter as being payable on the Closing Date and all reasonable out-of-pocket costs and expenses incurred by the Agent in connection with the transactions contemplated hereby, including, but not limited to, reasonable outside legal expenses and any accounting fees, auditing fees, appraisal fees, and other fees associated with any independent analyses of the Borrower and any Subsidiary and evidence that all other reasonable fees and costs payable by the Borrower in connection with the transactions contemplated by this Agreement and completed on the Closing Date have been paid in full.
PAYMENT TO THE AGENT. 6.1 The Issuer, failing whom the Guarantor shall, by no later than 11 a.m. (Central European time) one Business Day prior to the day on which any payment of principal and/or payment of interest on the Bonds becomes due under the Conditions, transfer to an account specified by the Agent such amount of euro as shall be sufficient for the purposes of such payment of principal and/or interest to Bondholders.
PAYMENT TO THE AGENT. (A) The Agent shall send the Borrower statements of all amounts due hereunder, which statements shall be considered correct and conclusively binding on the Borrower unless the Borrower notifies the Agent to the contrary within ninety (90) days of its receipt of any statement to which it objects. All sums payable to the Banks hereunder shall be paid directly to the Agent for the account of each Bank in immediately available funds prior to 12:00 noon, Charlotte, North Carolina time, on the date when such sums are due and payable. Any amounts received by the Agent after 12:00 noon Charlotte, North Carolina time on any Business Day shall be deemed to have been received on the next Business Day. Alternatively, at its sole discretion, the Agent may charge against any deposit account of the Borrower maintained with any of the Banks all or any part of any amount due pursuant to this Agreement.
