Redistribution of payments. The Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Beneficiaries (other than the Recovering Beneficiary) in accordance with clause 18.9.
Appears in 4 contracts
Samples: Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc), Credit Agreement (Bell Microproducts Inc)
Redistribution of payments. The Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Beneficiaries Finance Parties (other than the Recovering BeneficiaryBank) in accordance with clause 18.9Clause 27.6 (Partial Payments).
Appears in 3 contracts
Samples: Agreement (Prologis Trust), Credit Agreement (NTL Delaware Inc), Credit Agreement (NTL Inc/De/)
Redistribution of payments. The Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Beneficiaries Finance Parties (other than the Recovering BeneficiaryBank) in accordance with clause 18.9Clause 28.5 (PARTIAL PAYMENTS).
Appears in 2 contracts
Samples: Credit Agreement (United Surgical Partners International Inc), Credit Agreement (United Surgical Partners International Inc)
Redistribution of payments. 23.2 The Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Beneficiaries (other than the Recovering Beneficiary) in accordance with clause 18.9Clause 20.10 (Order of Distribution).
Appears in 1 contract
Redistribution of payments. The Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor Chargor and distribute it between the Beneficiaries Finance Parties (other than the Recovering BeneficiaryLender) in accordance with clause 18.9Clause 28.5 (Partial payments).
Appears in 1 contract
Redistribution of payments. The Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor Borrower and distribute it between the Beneficiaries Finance Parties (other than the Recovering BeneficiaryLender) in accordance with clause 18.9Clause 23.5.
Appears in 1 contract
Samples: Project Facility Agreement (Golden Star Resources LTD)
Redistribution of payments. The Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor Borrower and distribute it between the Beneficiaries Lenders (other than the Recovering BeneficiaryLender) in accordance with clause 18.9Clause 26.5 (Partial payments).
Appears in 1 contract
Samples: Term Facility Agreement (Sterlite Industries (India) LTD)
Redistribution of payments. 23.2 The Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor and distribute it between the Beneficiaries (other than the Recovering Beneficiary) in accordance with clause 18.9.Clause 20.10 (Order of Distribution). Recovering Beneficiary’s rights
Appears in 1 contract
Redistribution of payments. 12.2 The Agent shall treat the Sharing Payment as if it had been paid by the relevant Obligor Borrower and distribute it between the Beneficiaries (other than the Recovering Beneficiary) in accordance with clause 18.9Clause 10.8 (Order of Distribution to Lenders).
Appears in 1 contract
Samples: Revolving Credit Agreement (Millennium Chemicals Inc)
