Common use of Distributions to the Borrower Clause in Contracts

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 22 (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: Single Currency Interim Capital Support Facility Agreement, Single Currency Interim Revolving Working Capital Support Facility Agreement, Single Currency Interim Revenue Support Facility Agreement

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Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 22 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: Facility Agreement (Melco Resorts & Entertainment LTD), Credit Facility Agreement, Facility Agreement (Fabrinet)

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 22 26 (Set-off)) apply any amount received payable by it for to 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 (CALGON CARBON Corp), Facility Agreement (Chartered Semiconductor Manufacturing LTD)

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 22 26 (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: Facility Agreement, Facility Agreement (Cordlife Group LTD)

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 22 24 (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 (Utah Medical Products Inc), Facility Agreement (Nbty Inc)

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 22 Article 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: Term Facility Agreement (Nii Holdings Inc)

Distributions to the Borrower. The Lender Lenders may (with the consent of the Borrower or in accordance with Clause 22 24 (Set-offOff)) apply any amount received by it them 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 appliedDocuments.

Appears in 1 contract

Samples: Loan Agreement (Ormat Technologies, Inc.)

Distributions to the Borrower. The Lender may (with the Borrower's consent of the Borrower or in accordance with Clause 22 26 (Set-off)) apply any amount received payable by it for to 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 (Century Aluminum Co)

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 22 19 (Set-off)) apply any amount received payable by it for to 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 appliedthis Agreement.

Appears in 1 contract

Samples: Facility Agreement

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 22 25 (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 (Daqo New Energy Corp.)

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 22 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 1 contract

Samples: Bridge Facility Agreement (SBS Broadcasting S A)

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Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 22 ‎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 1 contract

Samples: Facility Agreement (ChinaEdu CORP)

Distributions to the Borrower. The Lender may (with the Borrower’s consent of the Borrower or in accordance with Clause 22 27 (Set-off)) apply any amount received payable by it for to 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: Margin Loan Facility Agreement (E-House (China) Holdings LTD)

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 22 25 (Set-off)) apply any amount received payable by it for to 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 (MediaRing LTD)

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 22 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: Term Loan Facility Agreement (B Plus H Ocean Carriers LTD)

Distributions to the Borrower. The Lender may (with the Borrower's consent of the Borrower or in accordance with Clause 22 Section 32 (Set-off)) apply any amount received payable by it for to 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 appliedDocuments.

Appears in 1 contract

Samples: Shareholder Loan Facility Agreement (Novartis Ag)

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 22 (Set-Set- off)) apply any amount received by it for from 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 appliedDocuments.

Appears in 1 contract

Samples: Loan Facility Agreement

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