Common use of Payment to Administration Agent Clause in Contracts

Payment to Administration Agent. A Borrower’s obligation to pay any amount to a Lender under this Agreement shall be deemed to be satisfied if such amount is paid to the Administration Agent for the account of such Lender.

Payment to Administration Agent. A Borrower’s 's obligation to pay any amount to a Lender under this Agreement shall be deemed to be satisfied if such amount is paid to the Administration Agent for the account of such Lender.