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), Facility Agreement (James Hardie Industries N.V.), 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: Facility Agreement (James Hardie Industries Se), Facility Agreement (Hardie James Industries Nv), Facility Agreement (Hardie James Industries Nv)
