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 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), www.sec.gov, Facility Agreement (Fabrinet)

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Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 23 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: www.sfh-tr.nhs.uk, www.sfh-tr.nhs.uk, www.sfh-tr.nhs.uk

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 23 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 23 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 Borrower's consent of the Borrower or in accordance with Clause 23 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 Lenders may (with the consent of the Borrower or in accordance with Clause 23 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 23 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: Agreement (E-House (China) Holdings LTD)

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 23 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: B Plus H Ocean Carriers LTD

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 23 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 may (with the consent of the Borrower or in accordance with Clause 23 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)

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Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 23 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)

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 23 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: assets.mintos.com

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 23 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 23 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: Agreement (Daqo New Energy Corp.)

Distributions to the Borrower. The Lender may (with the consent of the Borrower or in accordance with Clause 23 ‎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)

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