Common use of Distributions to the Borrower Clause in Contracts

Distributions to the Borrower. The Agent may (with the Borrower’s consent or in accordance with Clause 28 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 8 contracts

Samples: Facility Agreement (Mobifon Holdings Bv), Facility Agreement (MTS Inc), Agreement (MTS Inc)

AutoNDA by SimpleDocs

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 33 (Set-off)) , apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 7 contracts

Samples: Whereas Eksportfinans, Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 27 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 7 contracts

Samples: Assignment Agreement, Madeleine Charging B.V., Agreement (Saturn Expansion Corp)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 29 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 6 contracts

Samples: Assignment Agreement (NORDIC AMERICAN TANKERS LTD), Second Supplemental Agreement (KNOT Offshore Partners LP), Agreement (Bunge LTD)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 31 (Set-off)) apply any amount received by it for the that Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 6 contracts

Samples: Agreement (Hoegh LNG Partners LP), Agreement (Hoegh LNG Partners LP), Facility Agreement (Hoegh LNG Partners LP)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 30 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 4 contracts

Samples: Facility Agreement (American Realty Capital Global Trust II, Inc.), Agreement (Sap France S.A.), Agreement (Sap Aktiengesellschaft Systems Applications Products in Data)

Distributions to the Borrower. The An Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Financing Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 3 contracts

Samples: www.sec.gov, Credit Agreement (France Telecom /), Credit Agreement (France Telecom /)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 32 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower 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 (Bunge Global SA), Agreement (Bungeltd), Agreement (Morgans Hotel Group Co.)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 23 (Set-off)) , apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 3 contracts

Samples: Credit Facility Agreement, Credit Facility Agreement (Seadrill Partners LLC), Credit Facility Agreement (Seadrill Partners LLC)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 31 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 3 contracts

Samples: Credit Facility Agreement (Mercer International Inc.), Agreement (Bunge LTD), Multicurrency Revolving Facility Agreement (Schroder Ventures International Investment Trust PLC)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 (Set-offOff)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from 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: Facilities Agreement (Rentokil Initial PLC /Fi), Facilities Agreement (Rentokil Initial PLC /Fi)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 25 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from 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 (Polestar Automotive Holding UK PLC), Term Facility Agreement (Polestar Automotive Holding UK PLC)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 30 (Set-offOff)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from 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: And Restatement Agreement (Compagnie Maritime Belge NV), And Restatement Agreement (Compagnie Maritime Belge NV)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 33 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from 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: Facility Agreement (Nordic American Offshore Ltd.), Facility Agreement (Nordic American Offshore Ltd.)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 31 (Set-off)) ), apply any amount received by it for the Borrower Obligors in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower Obligors 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 (Seadrill Partners LLC), Senior Secured Credit Facility Agreement (Seadrill Partners LLC)

Distributions to the Borrower. The Agent may (with upon the Borrower’s consent instruction or in accordance with Clause 28 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from 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 (Lafarge), Agreement (Lafarge)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 clause 29 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from 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 (PCCW LTD), Agreement (PCCW LTD)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 31 (Set-offOff)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from 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: Intercreditor Agreement (Atlas Investissement), Intercreditor Agreement (Atlas Investissement)

Distributions to the Borrower. The Facility Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 25 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from 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: Facility Agreement, ire.finanzas.gob.ec

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 42 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from 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: And Restatement Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)

Distributions to the Borrower. The Agent may (with the consent of the Borrower’s consent or in accordance with Clause 28 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Facility Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 2 contracts

Samples: Facility Agreement (Cascal B.V.), Agreement (Cascal B.V.)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 29 (Set-off)) ), apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from 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: Revolving Credit Facility Agreement (Seawell LTD), Assignment Agreement (B Plus H Ocean Carriers LTD)

Distributions to the Borrower. The Agent may (with upon the Borrower’s consent instruction or in accordance with Clause 28 30 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from 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 (Lafarge), Agreement (Lafarge)

Distributions to the Borrower. The Agent may (with the consent of the Borrower’s consent or in accordance with Clause 28 (Set-off)) , apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from 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: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

Distributions to the Borrower. The An Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 29 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower under the Finance Financing Documents or in or towards purchase of any amount of any currency to be so applied.

Appears in 1 contract

Samples: Credit Agreement (France Telecom /)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Obligor or in accordance with Clause 28 Clause29 (Set-off)) apply any amount received by it for the Borrower that Obligor in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower 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 (Reckitt Benckiser Group PLC)

Distributions to the Borrower. The Agent may (with the Borrower’s consent or in accordance with Clause 28 (Set-off)) apply any amount received by it for the that Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Facility Agreement (Six Continents PLC)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 32 (Set-off)) , apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Secured Credit Facility Agreement (Ocean Rig UDW Inc.)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 (Set-off)) ), apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Assignment Agreement (Nordic American Tanker Shipping LTD)

AutoNDA by SimpleDocs

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 15.3 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Bridge Loan Facility Agreement (SeaDrill LTD)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 33 (Set-offOff)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Agreement (Mohegan Tribal Gaming Authority)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 clause 29 (Set-Set- off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Revolving Credit Facility Agreement (Net 1 Ueps Technologies Inc)

Distributions to the Borrower. The Paying Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 (Set-offOff)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Facility Agreement (Spansion Inc.)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 26 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Facilities Agreement (Exide Corp)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 31 (Set-off)) ), apply any amount received by it for the Borrower Obligors in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower Obligors under the Finance Documents or in or towards purchase of any amount of any currency to be so applied.. EXECUTION VERSION

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (Seadrill Partners LLC)

Distributions to the Borrower. The Agent may (with the consent of the Borrower’s consent or in accordance with Clause 28 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Second Amendment and Restatement Agreement (Gulfmark Offshore Inc)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 29 (Set-offOff)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Compagnie Maritime Belge NV

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 (Set-off)otherwise at any time an Event of Default has occurred and is subsisting) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Agreement (Diodes Inc /Del/)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 clause 29 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Agreement (PCCW LTD)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 30 (Set-off)) , apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Credit Facility Agreement (North Atlantic Drilling Ltd.)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 27 (Set-offOff)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Facilities Agreement (WEIBO Corp)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 (Set-off)) ), apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Assignment Agreement (Helix Energy Solutions Group Inc)

Distributions to the Borrower. The Agent may (with the Borrower’s consent or in accordance with Clause 28 (Set-offOff)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Facility Agreement (Chartered Semiconductor Manufacturing LTD)

Distributions to the Borrower. The An Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 30 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Agreement (AstraZeneca Biopharmaceuticals Inc.)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower (unless an Event of Default is continuing) or in accordance with Clause 28 27 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Agreement (Hines Global REIT, Inc.)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 27 (Set-off)) ), apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: General Geophysics Co

Distributions to the Borrower. The A Transaction Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 27 (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the Borrower 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: Facility Agreement (Golden Meditech Holdings LTD)

Distributions to the Borrower. The Agent may (with the Borrower’s consent of the Borrower or in accordance with Clause 28 clause 31‎ (Set-off)) apply any amount received by it for the Borrower in or towards payment (on the date and in the currency and funds of receipt) of any amount due from the 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: Assignment Agreement (American Realty Capital Global Trust, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!