Common use of Redistribution of payments Clause in Contracts

Redistribution of payments. The Senior Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Senior Finance Parties (other than the Recovering Finance Party) in accordance with clause 29.5 (Partial payments).

Appears in 2 contracts

Samples: Senior Facilities Agreement (Atlatsa Resources Corp), Facilities Agreement (Atlatsa Resources Corp)

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Redistribution of payments. The Senior Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Senior Finance Parties (other than the Recovering Finance Party) (the "Sharing Finance Parties") in accordance with clause 29.5 Clause 30.6 (Partial payments)) towards the obligations of that Obligor to the Sharing Finance Parties.

Appears in 2 contracts

Samples: Facility Agreement (Encore Capital Group Inc), Assignment Agreement (Encore Capital Group Inc)

Redistribution of payments. 23.2 The Senior Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Senior Finance Parties (other than the Recovering Finance Party) in accordance with clause 29.5 (Partial payments)the DPP.

Appears in 1 contract

Samples: Facility Agreement (AerCap Holdings N.V.)

Redistribution of payments. The Senior Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Senior Finance Parties (other than the Recovering Finance Party) in accordance with clause 29.5 Clause 34.5 (Partial payments).

Appears in 1 contract

Samples: Facilities Agreement (Anooraq Resources Corp)

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Redistribution of payments. The Senior Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Senior Finance Parties (other than the Recovering Finance Party) (the "Sharing Finance Parties") in accordance with clause 29.5 Clause ‎30.6 (Partial payments)) towards the obligations of that Obligor to the Sharing Finance Parties.

Appears in 1 contract

Samples: Assignment Agreement (Encore Capital Group Inc)

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