By Obligors. (a) On each date on which any amount is due from any Obligor under the Senior Finance Documents, that Obligor shall pay that amount on that date to the Facility Agent in immediately available cleared funds to the account specified by the Facility Agent for that purpose.
(b) Each payment under this agreement from an Obligor is to be made in Euro, except that:
(i) each repayment or prepayment of an Advance shall be in the currency in which it was drawn;
(ii) each payment of interest shall be in same currency as the amount in relation to which that interest is payable;
(iii) each payment in respect of losses shall be made in the currency in which the losses were incurred;
(iv) each payment under clause 13.1 (Gross up) or clause 14.1 (Increased costs) shall be made in the currency specified by the claiming Finance Party; and
(v) any amount expressed to be payable in a currency other than Euro shall be paid in that other currency.
(c) The Facility Agent shall, on the date of receipt, pay to the Finance Party to which the relevant amount is due its pro rata share (if any) of any amounts so paid to the Facility Agent in the same currency as received by the Facility Agent to the account specified by that party to the Facility Agent. If any amount is paid to the Facility Agent later than required by clause 12.2(a), the Facility Agent shall make that party's share available to it as soon as practicable receipt.
By Obligors. (a) On each date on which any sum is due from any Obligor, it shall make that sum available to the Facility Agent in the place for payment by payment in the currency in which that sum is due and in immediately available cleared funds to such account as the Facility Agent shall specify.
(b) The Facility Agent shall make available to each Senior Finance Party before close of business in that place on that date its pro rata share (if any) of any sum so made available to the Facility Agent in the same currency and funds as received by the Facility Agent to such account of that Senior Finance Party with such Lender in that place as it shall have specified to the Facility Agent. If any sum is made available to the Facility Agent later than required by Clause 14.2(a), the Facility Agent shall make each Lender’s share (if any) available to it as soon as practicable thereafter.
By Obligors. All payments by any Obligor under the Lombard UK Finance Documents shall be made without set-off or counterclaim.
By Obligors. No Obligor may assign, transfer or otherwise deal with its rights, interests or obligations under this Agreement.
By Obligors. (a) On each date on which any amount is due from any Obligor under the Mezzanine Finance Documents, that Obligor shall pay that amount on that date to the Mezzanine Facility Agent in immediately available cleared funds to the account specified by the Mezzanine Facility Agent for that purpose.
(b) Each payment under this agreement from an Obligor is to be made in Dollars, except that:
(i) each repayment or prepayment of the Advance shall be in the currency in which it was drawn;
(ii) each payment of interest shall be in the same currency as the amount in relation to which that interest is payable;
(iii) each payment in respect of losses shall be made in the currency in which the losses were incurred;
(iv) each payment under clause 12.1 (Gross up) or clause 13.1 (Increased costs) shall be made in the currency specified by the claiming Mezzanine Finance Party; and
(v) any amount expressed to be payable in a currency other than Dollars shall be paid in that other currency.
(c) The Mezzanine Facility Agent shall, on the date of receipt, pay to the Mezzanine Finance Party to which the relevant amount is due its pro rata share (if any) of any amounts so paid to the Mezzanine Facility Agent in the same currency as received by the Mezzanine Facility Agent to the account specified by that party to the Mezzanine Facility Agent. If any amount is paid to the Mezzanine Facility Agent later than required by clause 11.2(a), the Mezzanine Facility Agent shall make that party's share available to it as soon as practicable following receipt.
By Obligors. 12.2.1 On each date on which any sum is due from any Obligor under the Finance Documents, that Obligor shall pay that sum on that date to the Facility Agent in the currency in which it is due and in immediately available cleared funds to such account as the Facility Agent shall specify for that purpose.
12.2.2 The Facility Agent shall pay to the party to the Finance Documents to which such sum is due before close of business on that date its pro rata share (if any) of any sums so paid to the Facility Agent in the same currency and funds as received by the Facility Agent to such account of that party with such bank as it shall have specified to the Facility Agent. If any sum is paid to the Facility Agent later than required by sub-clause 12.2.2, the Facility Agent shall make that party's share (if any) available to it as soon as practicable thereafter.
By Obligors. All payments to be made by an Obligor under this Agreement:
15.1.1 for the account of any of the Lenders shall be made available to the Facility Agent (unless a contrary indication appears in a Financing Document) for value on the due date at the time and in such funds specified by the Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment to such account as the Facility Agent may have notified to the Obligors’ Agent for the account of the Facility Agent who shall, before the close of business on the date of receipt, remit to each Lender its portion of the payment so made by remitting it to such account of that Lender which that Lender may have previously notified to the Facility Agent; and
15.1.2 to the Facility Agent shall be made to such account as it may specify by notice to the Obligors’ Agent.
By Obligors. (a) On each date on which any sum is due from any Obligor, it shall make that sum available to the Facility Agent in the place for payment by payment in the currency in which that sum is due and in immediately available cleared funds to such account as the Facility Agent shall specify.
(b) The Facility Agent shall make available to each Senior Finance Party before close of business in that place on that date its pro rata share (if any) of any sum so made available to the Facility Agent in the same currency and funds as received by the Facility Agent to such account of that Senior Finance Party with such bank in that place as it shall have specified to the Facility
By Obligors. (a) On each date on which any sum is due from either Obligor hereunder, it shall make that sum available to the Payment Account in immediately available funds before 10:00 a.m. (New York City time). Any payments by either Obligor to the Lender shall be made in Dollars (which shall be of the essence).
(b) If the amount received by the Lender from either Obligor on any date is less than the total sum remaining or becoming due under this Agreement on that date, then the Lender shall apply that amount as the Lender deems fit.
By Obligors. All payments to be made by an Obligor under this Agreement:
15.1.1 for the account of any of the Lenders shall be made available to the Facility Agent (unless a contrary indication appears in a Financing Document) for value on the due date at the time and in such funds specified by the Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment to such account as the Facility Agent may have notified to the Obligors’ Agent for the account of the Facility Agent who shall, subject to Clause 15.3 (Clawback and pre-funding), before the close of business on the date of receipt, remit to each Lender its portion of the payment so made by remitting it to such account of that Lender which that Lender may have previously notified to the Facility Agent; and
15.1.2 to the Facility Agent shall be made to such account as it may specify by notice to the Obligors’ Agent.
