Common use of Distributions to an Obligor Clause in Contracts

Distributions to an Obligor. Each of the Facility Agent and the Security Agent may (with the consent of the Obligor or in accordance with Clause 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.

Distributions to an Obligor. Each of the (a) The Facility Agent and the Security Agent may (with the consent of the Obligor or in accordance with Clause 32 34 (SetSET-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.

Distributions to an Obligor. Each of the The Facility Agent and the Security Agent may (with the consent of the relevant Obligor or in accordance with Clause 32 31 (SetSET-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.

Distributions to an Obligor. Each of the Facility Agent and the Security Agent may (with the consent of the relevant Obligor or in accordance with Clause 32 28 (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.

Distributions to an Obligor. Each of the The Facility Agent and the Security Agent may (with the consent of the Obligor or in accordance with Clause 32 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 the purchase of any amount of any currency to be so applied.