Funds and currency. (a) Subject to paragraph (b) below, payments under each Funded Participation shall be made in the currency in which the amount is denominated for value on the due date at such times and in such funds as are customary at the time for settlement of transactions in that currency.
Appears in 3 contracts
Samples: www.sec.gov, HSH Nordbank AG, Feinberg Stephen
Funds and currency. (a) Subject to paragraph (b) below, payments under each the Funded Participation shall be made in the currency in which the amount is denominated for value on the due date at such times and in such funds as are customary at the time for settlement of transactions in that currency.
Appears in 3 contracts
Samples: Credit Agreement (Unitedglobalcom Inc), Credit Agreement (Unitedglobalcom Inc), Unitedglobalcom Inc
Funds and currency. (a) Subject to paragraph (bclauses 32.2(b) and 32.2(d) below, payments under each Funded a Participation shall be made in the currency in which the amount is denominated for value on the due date at such times and in such funds as are customary at the time for settlement of transactions in that currencycurrency in the place of payment.
Appears in 1 contract
