Common use of Distributions to the Company Clause in Contracts

Distributions to the Company. The Lender may (with the consent of the Company or in accordance with Clause 25 (Set-off)) apply any amount received by it for the Company in or towards payment (on the date and in the currency and funds of receipt) of any amount due from te Company 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 (Ener1 Inc), Facility Agreement (Ener1 Inc)

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Distributions to the Company. The Lender may (with the consent of the Company or in accordance with Clause 25 24 (Set-offOff)) apply any amount received by it for the Company in or towards payment (on the date and in the currency and funds of receipt) of any amount due from te the Company 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 (Best Buy Co Inc), Facility Agreement (Best Buy Co Inc)

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Distributions to the Company. The Each Lender may (with the consent of the Company or in accordance with Clause 25 23 (Set-offOff)) apply any amount received by it for the Company in or towards payment (on the date and in the currency and funds of receipt) of any amount due to that Lender from te the Company 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 (Best Buy Co Inc)

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