Common use of Payment to Third Parties Clause in Contracts

Payment to Third Parties. The Borrowers irrevocably authorise the Facility Agent on the Utilisation Date to pay to, or for the account of, the Borrowers the amounts which the Facility Agent receives from the Lenders in respect of the relevant Advance. That payment shall be made in like funds as the Facility Agent received from the Lenders in respect of the relevant Advance to the account which the Borrowers specify in the Utilisation Request.

Payment to Third Parties. The Borrowers irrevocably authorise the Facility Agent shall, on the each Utilisation Date to Date, pay to, or for the account of, the Borrowers relevant Borrower which is to utilise the Advance the amounts which the Facility Agent receives from the Lenders in respect of the relevant Advance. That payment shall be made in like funds as the Facility Agent received from the Lenders in respect of the relevant Advance to the account of the relevant Builder which the Borrowers specify in the relevant Utilisation Request.

Payment to Third Parties. The Borrowers irrevocably authorise the Facility Agent shall, on the each Utilisation Date to Date, pay to, or for the account of, the Borrowers the amounts which the Facility Agent receives from the Lenders in respect of the relevant Advance. That payment shall be made in like funds as the Facility Agent received from the Lenders in respect of the relevant Advance to the account which the Borrowers specify in the Utilisation Request.made:

Payment to Third Parties. The Borrowers Each Borrower irrevocably authorise authorises the Facility Agent Agent, on the each Utilisation Date Date, to pay to, or for the account of, the Borrowers Borrowers, the amounts which the Facility Agent receives from the Lenders in respect of the relevant AdvanceTranche. That payment shall be made in like funds as the Facility Agent received from the Lenders in respect of the relevant Advance to the account of the Existing Agent which the Borrowers specify in the relevant Utilisation Request.

Payment to Third Parties. The Borrowers irrevocably authorise the Facility Agent shall, on the Utilisation Date to Date, pay to, or for the account of, the Borrowers the amounts which the Facility Agent receives from the Lenders in respect of the relevant Advance. That payment shall be made in like funds as the Facility Agent received from the Lenders in respect of the relevant Advance to the account which the Borrowers specify relevant Borrower specifies in the Utilisation RequestRequest provided that the Lenders have received “know your customer” information in a form acceptable to the Lenders.

Payment to Third Parties. The Borrowers irrevocably authorise the Facility Agent shall, on the each Utilisation Date in relation to any Tranche, pay to, or for the account of, the Borrowers relevant Borrower which is to utilise the relevant Advance the amounts which the Facility Agent receives from the Lenders in respect of the relevant Advance. That payment shall be made in like funds as the Facility Agent received from the Lenders in respect of the relevant Advance to the account of a Borrower, the Corporate Guarantor or of the relevant Existing Facility Agent under the relevant Existing Facility Agreement which the Borrowers specify in the relevant Utilisation Request.

Payment to Third Parties. The Borrowers irrevocably authorise the Facility Agent shall, on the Utilisation Date to Date, pay to, or for the account of, the Borrowers Borrower the amounts which the Facility Agent receives from the Lenders in respect of the relevant Advance. That payment shall be made in like funds as the Facility Agent received from the Lenders in respect of the relevant Advance to the account of the Builder which the Borrowers specify Borrower specifies in the Utilisation Request.

Payment to Third Parties. The Borrowers irrevocably authorise the Facility Agent shall, on the Utilisation Date to Date, pay to, or for the account of, the Borrowers Borrower the amounts amount which the Facility Agent receives from the Lenders in respect of the relevant AdvanceLoan. That payment shall be made in like funds as the Facility Agent received from the Lenders in respect of the relevant Advance Loan to the account which the Borrowers specify Borrower specifies in the Utilisation Request.

Payment to Third Parties. The Borrowers irrevocably authorise the Facility Agent on the each Utilisation Date to pay to, or for the account of, the Borrowers which is to utilise the relevant Advances the amounts which the Facility Agent receives from the Lenders in respect of the relevant AdvanceAdvances. That payment shall be made in like funds as the Facility Agent received from the Lenders in respect of the relevant Advance Advances under each Tranche in to the account which the Borrowers specify in the relevant Utilisation Request.