Common use of Distributions by the Facility Agent Clause in Contracts

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 (Distributions to an Obligor) and Clause 30.4 (Clawback), be made available by the Facility 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 Facility Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 3 contracts

Samples: Debt Bridge Facility Agreement (Xstrata PLC), Debt Bridge Facility Agreement (Xstrata PLC), Debt Bridge Facility Agreement (Xstrata PLC)

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Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 24.3 (Distributions to an Obligorthe Borrower) and Clause 30.4 24.4 (Clawback), Clawback and pre-funding) be made available by the Facility 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)Agreement, to such account as that Party may notify to the Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre center of the country of that currency.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 28.3 (Distributions to an Obligora Borrower) and Clause 30.4 28.5 (Clawback), ) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 2 contracts

Samples: Syndicated Facility Agreement (Equinix Inc), Facility Agreement (Equinix Inc)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 32.3 (Distributions to an ObligorObligor Party) and Clause 30.4 32.4 (Clawback), ) be made available by the Facility 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 Facility Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 2 contracts

Samples: Term Loan Facility Agreement (GDS Holdings LTD), Term Loan Facility Agreement (GDS Holdings LTD)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 32.3 (Distributions to an Obligor) and Clause 30.4 32.4 (Clawback), ) be made available by the Facility 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 Facility Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 2 contracts

Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 (Distributions to an Obligor) and Clause 30.4 (Clawback), be made available by the Facility 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 Facility Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Debt Bridge Facility Agreement (Xstrata PLC)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 27.3 (Distributions to an Obligorthe Borrower) and Clause 30.4 27.4 (Clawback), ) be made available by the Facility 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 Facility Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (Randgold Resources LTD)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 29.3 (Distributions to an Obligorthe Borrower and the Guarantor) and Clause 30.4 29.4 (Clawback), be made available by the Facility 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 Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (Micron Technology Inc)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 32.3 (Distributions to an ObligorObligor Party) and Clause 30.4 32.4 (Clawback), ) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (GDS Holdings LTD)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 26.3 (Distributions to an Obligor) and Clause 30.4 26.4 (Clawback), be made available by the Facility 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 Facility Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Dual Currency Term Facility Agreement (Xstrata PLC)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 34.3 (Distributions to an Obligor) and Clause 30.4 34.4 (Clawback), be made available by the Facility 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 Facility Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Term and Revolving Facilities Agreement (ShangPharma Corp)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 33.3 (Distributions to an Obligor) and Clause 30.4 33.4 (Clawback), ) be made available by the Facility 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 Facility Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currencycurrency or, in the case of an Advance, to such account of such person as may be specified by the Borrowers in a Utilisation Request.

Appears in 1 contract

Samples: Term Loan Facility (Ardmore Shipping Corp)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents this Agreement for another Party shall, subject to Clause 30.3 32.3 (Distributions to an Obligorthe Borrower) and Clause 30.4 32.4 (Clawback), ) be made available by the Facility 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 Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (McDermott International Inc)

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Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 25.4 (Distributions to an Obligorthe Borrower) and Clause 30.4 25.5 (Clawback) and Clause 25.12 (Payments to the Security Agent), be made available by the Facility 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 Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Covered Export Credit Agreement (Hughes Network Systems, LLC)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 27.3 (Distributions to an Obligor) and Clause 30.4 27.4 (Clawback) and Clause 27.9 (Payments to the Security Agent), be made available by the Facility 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 Facility Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (Multi Fineline Electronix Inc)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 33.3 (Distributions to an Obligor) and Clause 30.4 33.4 (Clawback), ) be made available by the Facility 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 Facility Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency.currency or, in the case of an Advance, to such account of such person as may be specified by the Borrowers in a Utilisation Request..

Appears in 1 contract

Samples: Term Loan Facility (Ardmore Shipping Corp)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 31.3 (Distributions to an Obligorthe Borrower) and Clause 30.4 31.4 (Clawback), ) be made available by the Facility 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)Agreement, to such account as that Party may notify to the Facility Agent by not less than five Business Days' notice with a bank specified by that Party in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (Powerfleet, Inc.)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 (Distributions to an Obligor) and Clause 30.4 14.3 (Clawback), be made available by the that Facility Agent as soon as practicable without undue delay (unverzüglich) 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)Agreement, to such account as that Party may notify to the that Facility Agent by not less than five (5) Business Days' notice with a bank in the principal financial centre of the country of that currencycurrency (or, in relation to Euro, in the principal financial centre of a Participating Member State).

Appears in 1 contract

Samples: Credit Agreement (Archstone Smith Trust)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 27.3 (Distributions to an Obligorthe Borrower) and Clause 30.4 27.4 (Clawback), Clawback and pre-funding) be made available by the Facility 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 Facility Agent by not less than five Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: Facility Agreement (Randgold Resources LTD)

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

Appears in 1 contract

Samples: Facility Agreement (Gold Fields LTD)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 30.3 27.3 (Distributions to an Obligorthe Borrower) and Clause 30.4 27.4 (Clawback), be made available by the Facility 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 Facility Agent by not less than five 5 (five) Business Days' notice with a bank in the principal financial centre of the country of that currency.

Appears in 1 contract

Samples: $300,000,000 Ekn Supported Facility Agreement (Mobile Telesystems Ojsc)

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