Distributions to an Obligor. The Agent may (with the consent of the Obligor or in accordance with Clause 31) 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.
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Samples: Facilities Agreement (Inveresk Research Group LTD), Facilities Agreement (Inveresk Research Group Inc)
Distributions to an Obligor. The Agent may (with the consent of the Obligor Borrower or in accordance with Clause 3129 (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 2 contracts
Samples: Agreement (Sanofi Synthelabo Sa), Agreement (Sanofi Synthelabo Sa)
Distributions to an Obligor. The Agent may (with the consent of the Obligor or in accordance with Clause 3129 (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 the purchase of any amount of any currency to be so applied.
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Samples: Agreement (Solutia Inc)
Distributions to an Obligor. The Agent may (with the consent of the Obligor or in accordance with Clause 3132 (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.
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Distributions to an Obligor. The Agent may (with the consent of the Obligor or in accordance with Clause 3133 (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.
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