Payments to the Administrative Agent. (a) On each date on which the Borrower or a Lender is required to make a payment under a Finance Document, the Borrower or Lender shall make the same available to the Administrative Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Administrative Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
Appears in 3 contracts
Samples: Vantage Drilling CO, Agreement (Ship Finance International LTD), Facility Agreement (Ship Finance International LTD)
Payments to the Administrative Agent. (a) On each date on which the Borrower an Obligor or a Lender is required to make a payment under a Finance DocumentDocument (other than a Hedging Contract), the Borrower that Obligor or Lender shall make the same available to the Administrative Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Administrative Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
Appears in 2 contracts
Samples: Agreement (Dorian LPG Ltd.), Agreement (Dorian LPG Ltd.)
Payments to the Administrative Agent. (a) On each date on which the Borrower an Obligor or a Lender Participating Bank is required to make a payment under a Finance Document, the Borrower that Obligor or Lender Participating Bank shall make the same available to the Administrative Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Administrative Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
Appears in 2 contracts
Samples: Letter of Credit Facility Agreement (Flowserve Corp), Agreement (Flowserve Corp)
Payments to the Administrative Agent. (a) 32.1.1 On each date on which the Borrower an Obligor or a Lender is required to make a payment under a Finance Document, the Borrower that Obligor or Lender shall make the same available to the Administrative Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Administrative Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
Appears in 1 contract
Samples: Facilities Agreement (Equinix Inc)
Payments to the Administrative Agent. (a) On each date on which the Borrower Borrower, the Sponsor or a Lender is required to make a payment under a Finance Document, Document the Borrower or the Sponsor (as applicable) or Lender shall make the same available to the Administrative Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Administrative Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
Appears in 1 contract
Samples: Facility Agreement (Cobalt International Energy, Inc.)
Payments to the Administrative Agent. (a) On each date on which the Borrower an Obligor or a Lender is required to make a payment under a Finance Document, the Borrower that Obligor or Lender shall make the same available to the Administrative Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Administrative Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
Appears in 1 contract
Samples: Term Facility Agreement (Cadence Design Systems Inc)
