Common use of Distributions by the Agents Clause in Contracts

Distributions by the Agents. Each payment received by an Agent under the Finance Documents for another Party, subject to Clause 33.3 and Clause 33.4 shall be made available by such Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days’ notice.

Appears in 3 contracts

Samples: Project Facilities Agreement (Pacific Drilling S.A.), Project Facilities Agreement (Pacific Drilling S.A.), Project Facilities Agreement (Pacific Drilling S.A.)

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Distributions by the Agents. Each payment received by an Agent under the Finance Documents for another PartyParty shall, subject to Clause 33.3 clause 30.3 (Distributions to an Obligor) and Clause 33.4 shall clause 30.4 (Clawback) be made available by such that Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the that Agent by not less than five Business Days’ noticenotice with a bank in the principal financial centre of the country of that currency.

Appears in 2 contracts

Samples: Agreement (Coeur D Alene Mines Corp), Agreement (Coeur D Alene Mines Corp)

Distributions by the Agents. Each payment received by an Agent the Agents under the Finance Documents for another PartyParty shall, subject to Clause 33.3 clause 29.3 (Distributions to the Company) and Clause 33.4 shall clause 29.4 (Clawback) be made available by such Agent the Agents as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent Agents by not less than five Business Days’ noticenotice with a bank in London.

Appears in 1 contract

Samples: Facility Agreement (TRM Corp)

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Distributions by the Agents. (a) Each payment received by an Agent under the Finance Documents for another PartyParty shall, subject to Clause 33.3 30.3 (Distributions to an Obligor) and Clause 33.4 shall 30.4 (Clawback) be made available by such that Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the that Agent by not less than five (5) Business Days’ noticenotice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facilities Agreement (3SBio Inc.)

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