Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 4 contracts
Samples: Assignment Agreement (Castor Maritime Inc.), Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.), Assignment Agreement (Star Bulk Carriers Corp.)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 37 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 3 contracts
Samples: Assignment Agreement (Ardmore Shipping Corp), Humber Shipco LLC (Ardmore Shipping Corp), Facilities Agreement (NDS Group PLC)
Distributions to an Obligor. The Facility Agent and the Security Agent may (with the consent of the Obligor or in accordance with Clause 35 28 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 3 contracts
Samples: Agreement (Advanced Micro Devices Inc), Agreement (Advanced Micro Devices Inc), Agreement (Advanced Micro Devices Inc)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 32 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so appliedDocuments.
Appears in 3 contracts
Samples: Common Terms Agreement (Lesaka Technologies Inc), Restatement Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 39 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 3 contracts
Samples: Facilities Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 38 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 3 contracts
Samples: Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp), Assignment Agreement (Ardmore Shipping Corp)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 34 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 3 contracts
Samples: Assignment Agreement (Ardmore Shipping Corp), Facility Agreement (Ardmore Shipping Corp), Senior Facilities Agreement (Yell Finance Bv)
Distributions to an Obligor. The Facility Agent may (with the prior written consent of the Obligor referred to below or in accordance with Clause 35 32 (Set-Offoff)) apply any amount received by it for that an Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 3 contracts
Samples: Facilities Agreement (RISE Education Cayman LTD), Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.), Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.)
Distributions to an Obligor. The Facility Agent may (with the consent of the an Obligor or in accordance with Clause 35 29 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 3 contracts
Samples: Agreement (Atlas Investissement), Agreement (Atlas Investissement), Senior Secured Debt Facility Agreement (Hungarian Telephone & Cable Corp)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause clause 35 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: And Restatement Agreement (Aegean Marine Petroleum Network Inc.), Agreement (Aegean Marine Petroleum Network Inc.)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 31 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so appliedDocuments.
Appears in 2 contracts
Samples: Common Terms Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc)
Distributions to an Obligor. The Facility Agent may (with the consent of the relevant Obligor (or in accordance with Clause 35 33 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Senior Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Agreement (Nordic Telephone CO ApS), Senior Facilities Agreement (Nordic Telephone CO ApS)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 30 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Facilities Agreement (Cemex Sab De Cv), Senior Facilities Agreement (Toys R Us Inc)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor Company or in accordance with Clause 35 33 (Set-Set Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Facilities Agreement (Sirona Dental Systems, Inc.), Facilities Agreement (Sirona Dental Systems, Inc.)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 34 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so appliedDocuments.
Appears in 2 contracts
Samples: Common Terms Agreement (Net 1 Ueps Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor Borrower or in accordance with Clause 35 28 (Set-Offoff)) apply any amount received by it for that Obligor the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Agreement (Tiffany & Co), S130333 Facility Agreement (Tiffany & Co)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 clause 41 (Set-OffSetoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Agreement (Hoegh LNG Partners LP), Hoegh LNG Partners LP
Distributions to an Obligor. The Facility Agent may (with the consent of the relevant Obligor or in accordance with Clause 35 30 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Syndicated Revolving Credit Agreement (Koninklijke KPN N V), Credit Agreement (Koninklijke KPN N V)
Distributions to an Obligor. The Facility Agent may shall (with the consent of the Obligor or in accordance with Clause 35 30 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: www.sec.gov, Sibanye Gold LTD
Distributions to an Obligor. The Facility Agent and the Security Agent may (with the consent of the Obligor or in accordance with Clause 35 27 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Senior Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Facility Agreement (Avis Budget Group, Inc.), Facility Agreement (Avis Budget Group, Inc.)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 37 (Set-OffSetoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Assignment Agreement (Dorian LPG Ltd.), Assignment Agreement (Dorian LPG Ltd.)
Distributions to an Obligor. The Facility Agent and the Security Agent may (with the consent of the Obligor or in accordance with Clause 35 31 (Set-Offoff)) each apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Consent and Agreement (Harry Winston Diamond Corp), Consent and Agreement (Harry Winston Diamond Corp)
Distributions to an Obligor. The Facility Agent may shall (with the consent of the Obligor or in accordance with Clause 35 29 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 2 contracts
Samples: Amendment and Restatement Agreement (Sibanye Gold LTD), Sibanye Gold LTD
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor Obligors or in accordance with Clause 35 34 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Assignment Agreement (Euroseas Ltd.)
Distributions to an Obligor. The Facility Facilities Agent may (with the consent of the Obligor or in accordance with Clause 35 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Agreement (Carnival PLC)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 36 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Senior Facilities Agreement (Central European Distribution Corp)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 32.10 (Set-OffSet off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Common Terms Agreement (Harmony Gold Mining Co LTD)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 40 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 clause 30 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 clause 34 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Restatement Agreement (Hanover Insurance Group, Inc.)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 15.2 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to an Obligor. The Facility Agent may (with the consent of the an Obligor or in accordance with Clause 35 31 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of as soon as reasonably practicable after receipt) of any amount due from that Obligor under the Finance Documents or Documents. For this purpose the Facility Agent may apply the received sum in or towards the purchase of any amount of any currency to be so appliedpaid.
Appears in 1 contract
Samples: Agreement (eHi Car Services LTD)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 (Set-Set- Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Assignment Agreement (Grindrod Shipping Holdings Ltd.)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 31 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to an Obligor. The Facility Agent may (with the consent of the an Obligor or in accordance with Clause 35 38 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of as soon as reasonably practicable after receipt) of any amount due from that Obligor under the Finance Documents or Documents. For this purpose the Facility Agent may apply the received sum in or towards the purchase of any amount of any currency to be so appliedpaid.
Appears in 1 contract
Samples: Credit Agreement (IHS Holding LTD)
Distributions to an Obligor. (a) The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 34 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 32 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to an Obligor. The Facility Agent may (with the consent of the an Obligor or in accordance with Clause 35 33 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of as soon as reasonably practicable after receipt) of any amount due from that Obligor under the Finance Documents or Documents. For this purpose the Facility Agent may apply the received sum in or towards the purchase of any amount of any currency to be so appliedpaid.
Appears in 1 contract
Samples: Facility Agreement (IHS Holding LTD)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 (Set-Off)Borrower's consent) apply any amount received by it for that an Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied, in accordance with Section 23.2 (Distributions by the Facility Agent).
Appears in 1 contract
Distributions to an Obligor. The Facility Agent may shall (with the prior written consent of the Obligor or in accordance with pursuant to Clause 35 28 (Set-Off)) apply any amount received by it for that an Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards the purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause clause 35 (Set-Set- Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: And Restatement Agreement (Aegean Marine Petroleum Network Inc.)
Distributions to an Obligor. The Facility Facilities Agent may (with the consent of the Obligor or in accordance with Clause 35 34 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Facilities Agreement (Carnival PLC)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor Borrower or in accordance with Clause 35 31 (Set-Off)) apply any amount received by it for that Obligor Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Legrand Holding Sa
Distributions to an Obligor. The Facility Agent and the Security Agent may (with the consent of the Obligor or in accordance with Clause 35 29 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 29 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Agreement (Centerpulse LTD)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause clause 35 (Set-OffSet-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: And Restatement Agreement (Aegean Marine Petroleum Network Inc.)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 27 (Set-Off)off) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Dual Currency Term Facility Agreement (Xstrata PLC)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 36 (Set-Off))) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 (Set-OffSetOff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Agreement (Elster Group SE)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 clause 31 (Set-OffSet off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Harmony Gold Mining Co LTD
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 clause 33 (Set-Set- Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Agreement (SunOpta Inc.)
Distributions to an Obligor. The Each Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 26 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Terms Agreement (Sunpower Corp)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 31 (Set-Offoff)) apply any amount received by it for that any Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under any or all of the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Samples: Senior Facilities Agreement (OneSmart International Education Group LTD)
Distributions to an Obligor. The Facility Agent and Security Agent may (with the consent of the Obligor or in accordance with Clause 35 (Set-Off)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 29 (Set-Off)) apply any amount received by it for from that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or or, in the event that such receipts are not in US Dollars, in or towards purchase of any amount of any currency US Dollars to be so applied.
Appears in 1 contract
Samples: Facility Agreement (Atmel Corp)
Distributions to an Obligor. The Facility Agent may (with the consent of the Obligor or in accordance with Clause 35 31 (Set-Offoff)) apply any amount received by it for that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Obligor under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.
Appears in 1 contract