Payment by direction. If the Financier directs the Borrower to pay a particular party or in a particular manner, the Borrower is taken to have satisfied its obligation to the Financier by paying in accordance with the direction.
Appears in 4 contracts
Samples: Term Facility Agreement (James Hardie Industries Se), 364 Day Facility Agreement (James Hardie Industries N.V.), 364 Day Facility Agreement (Hardie James Industries Nv)
Payment by direction. If the Financier directs the a Borrower to pay a particular party or in a particular manner, the Borrower is taken to have satisfied its obligation to the Financier by paying in accordance with the direction.
Appears in 3 contracts
Samples: Bullet Facility Agreement (James Hardie Industries Se), Bullet Facility Agreement (Hardie James Industries Nv), Bullet Facility Agreement (Hardie James Industries Nv)