Common use of Distributions to an Obligor Clause in Contracts

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 (Set-off)) apply any amount received by it for that Obligor in or towards payment (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: Facility Agreement (Pacific Alliance Group LTD), Facility Agreement (Sun Wise (UK) Co., LTD), www.sec.gov

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Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 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: Assignment and Assumption (WABCO Holdings Inc.), Facility Agreement (WABCO Holdings Inc.), Facility Agreement (Westway Group, Inc.)

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 22 (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 the Obligors under the Finance Documents or in or towards the purchase of any amount of any currency to be so applied.

Appears in 2 contracts

Samples: cms-ece-image-prod.app.borealis.svt.se, www.svtstatic.se

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 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 2 contracts

Samples: Facilities Agreement (Central European Distribution Corp), Facility Agreement (Central European Distribution Corp)

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 10.2 (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: Agreement (Grindrod Shipping Holdings Ltd.), Agreement (Grindrod Shipping Holdings Ltd.)

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 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 1 contract

Samples: And Restatement Agreement (Central European Distribution Corp)

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 clause 27 (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 (Klondex Mines LTD)

Distributions to an Obligor. The Lender may (with the consent of the Obligor Borrower or in accordance with Clause 25 (Set-off)27) apply any amount received by it for that from or on behalf of 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.. 91

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Karooooo Ltd.)

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 30 (Set-Set- off)) apply any amount received payable by it for to 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: Facility Agreement

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 β€Ž26 (Set-off)) apply any amount received by it for that Obligor in or towards payment (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: Facility Agreement (McGraw-Hill Global Education Intermediate Holdings, LLC)

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 (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: Export Financing Agreement (Sigma Lithium Corp)

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Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 26.8 (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 (Net 1 Ueps Technologies Inc)

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 (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 (Velti PLC)

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 26 (Set-off)) apply any amount received by it for that Obligor in or towards payment (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: Facility Agreement (Huang Julia)

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 27 (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: Amerisourcebergen Corp

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 28 (Set-off)) apply any amount received payable by it for to 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: Facility Agreement (Far East Energy Corp)

Distributions to an Obligor. The Lender may (with the consent of the Obligor or in accordance with Clause 25 28 (Set-off)) apply any amount received by it for that Obligor in or towards payment (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: Facility Agreement (Cheng Zheng)

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