Common use of Currency and Funds of Payment Clause in Contracts

Currency and Funds of Payment. All Guarantied Obligations, other than as provided in the Credit Agreement, will be paid in Dollars in Same Day Funds, regardless of any law, regulation or decree now or hereafter in effect that might in any manner affect the Guarantied Obligations, or the rights of any Secured Party with respect thereto as against the Co-Borrower, or cause or permit to be invoked any alteration in the time, amount or manner of payment by the Co-Borrower of any or all of the Guarantied Obligations.

Appears in 2 contracts

Samples: Company Guaranty (Hexcel Corp /De/), Company Guaranty (Hexcel Corp /De/)

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Currency and Funds of Payment. All Guarantied Obligations, other than as provided in the Credit Agreement, will be paid in Dollars in Same Day Funds, regardless of any law, regulation or decree now or hereafter in effect that might in any manner affect the Guarantied Obligations, or the rights of any Secured Party with respect thereto as against the Co-either Borrower, or cause or permit to be invoked any alteration in the time, amount or manner of payment by the Co-either Borrower of any or all of the Guarantied Obligations.

Appears in 2 contracts

Samples: Subsidiary Guaranty (Hexcel Corp /De/), Subsidiary Guaranty (Hexcel Corp /De/)

Currency and Funds of Payment. All Guarantied Obligations, other than as provided in the Credit Agreement, will be paid in Dollars in Same Day Funds, regardless of any law, regulation or decree now or hereafter in effect that might in any manner affect the Guarantied Obligations, or the rights of any Secured Party of the Lender Group with respect thereto as against the Co-Borrower, or cause or permit to be invoked any alteration in the time, amount or manner of payment by the Co-Borrower of any or all of the Guarantied Obligations.

Appears in 2 contracts

Samples: Company Guaranty (Hexcel Corp /De/), Company Guaranty (Hexcel Corp /De/)

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Currency and Funds of Payment. All Guarantied Obligations, other than as provided in the Credit Agreement, will be paid in Dollars in Same Day Funds, regardless of any law, regulation or decree now or hereafter in effect that might in any manner affect the Guarantied Obligations, or the rights of any Secured Party of the Lender Group with respect thereto as against the Co-either Borrower, or cause or permit to be invoked any alteration in the time, amount or manner of payment by the Co-either Borrower of any or all of the Guarantied Obligations.

Appears in 1 contract

Samples: Credit Agreement (Hexcel Corp /De/)

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