Common use of Funds Clause in Contracts

Funds. Payments under this Agreement to the Agent shall be made for value on the due date at such times and in such funds as the Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 17 contracts

Samples: Eleventh Supplemental Agreement (KNOT Offshore Partners LP), Term Loan Facility Agreement (KNOT Offshore Partners LP), Second Supplemental Agreement

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Funds. Payments under this Agreement the Finance Documents to the Agent shall be made for value on the due date at such times and in such funds as the Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 15 contracts

Samples: Revolving Credit Facility (Anglogold Ashanti LTD), Syndicated Bridge Loan Facility (Anglogold Ashanti LTD), Syndicated Loan Facility (Anglogold Ashanti LTD)

Funds. Payments under this Agreement to the Facility Agent shall be made for value on the due date at such times and in such funds as the Facility Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 12 contracts

Samples: Senior Secured Credit Facility (Liberty Global PLC), Facility Agreement (Liberty Global, Inc.), Credit Agreement (Liberty Global, Inc.)

Funds. Payments under this Agreement the Finance Documents to the Agent shall be made for value on the due date at such times and in such funds as the Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 5 contracts

Samples: Revolving Credit Facility (Spirent PLC), Credit Agreement (Spirent PLC), Facility Agreement (Spirent PLC)

Funds. Payments under this Agreement to the Agent shall be made for value on the due date at such times and in such funds as the Agent may specify to the Party concerned as being are customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 3 contracts

Samples: Revolving Credit Facility (Cobe Laboratories Inc), Revolving Credit and Term Loan Facility (Cobe Laboratories Inc), Revolving Credit Facility (Incentive Ab)

Funds. Payments under this Agreement the Finance Documents to the Agent shall be made for value on the due date at such times and in such funds as the Agent Agent, may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 3 contracts

Samples: Credit Agreement (Adecco Sa), Facility Agreement (Adecco Sa), Loan Agreement (Adecco Sa)

Funds. Payments under this Agreement to the Security Agent shall be made for value on the due date at such times and in such funds as the Security Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency for such payment and in the place for payment.

Appears in 2 contracts

Samples: Security Trust Deed (SinoTech Energy LTD), Security Trust Deed (SinoTech Energy LTD)

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Funds. Payments under this Agreement to the an Agent shall be made for value on the due date at such times and in such funds as the that Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 2 contracts

Samples: 364 Day Multi Currency Revolving Credit With Term Out Option (National Grid Transco PLC), Loan Agreement (National Grid Group PLC)

Funds. Payments under this Agreement to the Agent shall be made for value on the due date at such times and in such funds as the Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for paymentUS Dollars.

Appears in 2 contracts

Samples: Credit Facility Agreement (Lg Electronics Inc), Credit Facility Agreement (Lg Electronics Inc)

Funds. Payments under this Agreement a Finance Document to the Agent shall be made for value on the due date at such times and in such funds as the Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 2 contracts

Samples: Guarantee, Revolving Credit and Term Loan Facility Agreement (DryShips Inc.), Guarantee, Revolving Credit and Term Loan Facility Agreement (DryShips Inc.)

Funds. Payments under this Agreement to the Agent shall be made for value on the due date at such times and in such funds amounts as the Agent may specify to the Party concerned as being customary at the time for the settlement of transactions in the relevant currency in the place for payment.

Appears in 1 contract

Samples: Second Priority Credit Facility (Golar LNG LTD)

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