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 29.3 (Distributions to an Obligor) and Clause 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, to such account with a bank in South Africa as that Party may notify to the Facility Agent in writing by not less than 5 (five) Business Days’ notice.

Appears in 2 contracts

Samples: www.sec.gov, Sibanye Gold LTD

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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 29.3 28.3 (Distributions to an Obligor) and Clause 29.4 28.4 (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, to such account with a bank in South Africa as that Party may notify to the Facility Agent in writing by not less than 5 (five) Business Days’ notice.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Sibanye Gold LTD), Sibanye Gold LTD

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 29.3 (Distributions to an Obligor) and Clause 29.4 32.3 (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, to such account with a bank in South Africa as that Party may notify to the Facility Agent in writing by not less than 5 five (five5) Business Days' notice.

Appears in 1 contract

Samples: Agreement (Flex LNG Ltd.)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 29.3 30.3 (Distributions to an Obligor) and Clause 29.4 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 AgreementAgreement (in the case of a Lender), to such account with a bank in South Africa as that Party may notify to the Facility Agent in writing by not less than 5 (five) five Business Days’ notice' notice with a bank in South Africa in writing.

Appears in 1 contract

Samples: Facilities Agreement (Lesaka Technologies Inc)

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 29.3 32.3 (Distributions to an Obligor) and Clause 29.4 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 AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account with a bank in South Africa as that Party may notify to the Facility Agent in writing by not less than 5 (five) Business Days’ notice' notice with a bank in South Africa in writing.

Appears in 1 contract

Samples: Common Terms Agreement (Harmony Gold Mining Co LTD)

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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 29.3 clause 30.3 (Distributions to an Obligor) and Clause 29.4 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 AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account with a bank in South Africa as that Party may notify to the Facility Agent in writing by not less than 5 (five) five Business Days’ notice' notice with a bank in South Africa in writing.

Appears in 1 contract

Samples: Harmony Gold Mining Co LTD

Distributions by the Facility Agent. Each payment received by the Facility Agent under the Finance Documents for another Party shall, subject to Clause 29.3 clause 29.2 (Distributions to an Obligorby the Facility Agent) and Clause clause 29.4 (ClawbackClawback 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 AgreementAgreement (in the case of a Lender, for the account of its Facility Office), to such account with a bank in South Africa as that Party may notify to the Facility Agent in writing by not less than 5 (five) five Business Days’ notice' notice with a bank in South Africa in writing.

Appears in 1 contract

Samples: Common Terms Agreement (Sedibelo Resources LTD)

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