Distributions to an Obligor. The Agent may (with the consent of the Borrower or in accordance with Clause 29 (Set-off)) apply any amount received by it for that Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that 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 (Sanofi Synthelabo Sa), Agreement (Sanofi Synthelabo Sa)
Distributions to an Obligor. The Agent may (with the consent of the Borrower Obligor or in accordance with Clause 29 (Set-off)31) apply any amount received by it for that Borrower Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Borrower 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 (Inveresk Research Group Inc), Facilities Agreement (Inveresk Research Group LTD)
Distributions to an Obligor. The Agent may (with the consent of the Borrower Obligor or in accordance with Clause 29 32 (SetSET-offOFF)) apply any amount received by it for that Borrower Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Borrower 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 Agent may (with the consent of the Borrower Obligor or in accordance with Clause 29 33 (SetSET-offOFF)) apply any amount received by it for that Borrower Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Borrower 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 Agent may (with the consent of the Borrower Obligor or in accordance with Clause 29 (Set-off)) apply any amount received by it for that Borrower Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from that Borrower 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
Samples: Agreement (Solutia Inc)
