Payments by the Administrative Agent Generally. With respect to the payment of any amount denominated in the Euro, the Administrative Agent shall not be liable to the Company or any of the Lenders in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds to the account of the Company or any Lender, as the case may be, in the Principal Financial Center in the Participating Member State which the Company or, as the case may be, such Lender shall have specified for such purpose. In this paragraph (b), “all relevant steps” shall mean all such steps as may be prescribed from time to time by the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the Euro.
Appears in 9 contracts
Samples: 364 Day Credit Agreement (Stanley Black & Decker, Inc.), 364 Day Credit Agreement (Stanley Black & Decker, Inc.), 364 Day Credit Agreement (Stanley Black & Decker, Inc.)
Payments by the Administrative Agent Generally. With respect to the payment of any amount denominated in the EuroEuros, the Administrative Agent shall not be liable to the Company any Borrower or any of the Lenders in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds (in Euros) to the account of with the Company or any Lender, as the case may be, bank in the Principal Financial Center principal financial center in the Participating Member State which the Company such Borrower or, as the case may be, such any Lender shall have specified for such purpose. In this paragraph (be), “all relevant steps” shall mean means all such steps as may be prescribed from time to time by the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the Euro.
Appears in 5 contracts
Samples: Credit Agreement (Moodys Corp /De/), Credit Agreement (Moodys Corp /De/), Credit Agreement (Moodys Corp /De/)
Payments by the Administrative Agent Generally. With respect to the payment of any amount denominated in the Euro, the Administrative Agent shall not be liable to any of the Company Borrowers or any of the Lenders in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds (in Euro) to the account of the Company any Borrower or any Lender, as the case may be, Lender in the Principal Financial Center in the Participating Member State which the Company orsuch Borrower or such Lender, as the case may be, such Lender shall have specified for such purpose. In For the purposes of this paragraph clause (ba), “all relevant steps” shall mean means all such steps as may be prescribed from time to time by the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the in Euro.
Appears in 3 contracts
Samples: Credit Agreement (Livent Corp.), Credit Agreement (Arcadium Lithium PLC), Credit Agreement (Livent Corp.)
Payments by the Administrative Agent Generally. With respect to the payment of any amount denominated in the Euroeuro or in a national currency unit, the Administrative Agent shall not be liable to the Company Borrower or any of the Lenders in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds to (in the account of the Company or any Lendereuro unit or, as the case may be, in a national currency unit) to the Principal Financial Center account with the bank in the Participating Member State principal financial center in the participating member state which the Company or, as the case may be, such Lender Borrower shall have specified for such purpose. In this paragraph (be), “"all relevant steps” shall mean " means all such steps as may be prescribed from time to time by the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the Euroeuro.
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Payments by the Administrative Agent Generally. With respect to the payment of any amount denominated in the Euro, the Administrative Agent shall not be liable to any of the Company Borrowers or any of the Lenders in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds (in Euro) to the account of the Company any Borrower or any Lender, as the case may be, Lender in the Principal Financial Center in the Participating Member State which the Company orsuch Borrower or such Lender, as the case may be, such Lender shall have specified for such purpose. In For the purposes of this paragraph (b)paragraph, “all relevant steps” shall mean means all such steps as may be prescribed from time to time by the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the in Euro.
Appears in 1 contract
Samples: Revolving Credit Agreement (Ambac Financial Group Inc)
Payments by the Administrative Agent Generally. With respect to the payment of any amount denominated in the EuroEuro or in a National Currency Unit, the Administrative Agent shall not be liable to the Company or any of the Lenders in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds (in the Euro Unit or, as the case may be, in a National Currency Unit) to the account of the Company or any Lender, as the case may be, in the Principal Financial Center in the Participating Member State which the Company or, as the case may be, such Lender shall have specified for such purpose. In this paragraph (b), “all relevant steps” shall mean all such steps as may be prescribed from time to time by the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the Euro.
Appears in 1 contract
Samples: Credit Agreement (Merck & Co. Inc.)
Payments by the Administrative Agent Generally. With respect to the payment of any amount denominated in the EuroEuros, the Administrative Agent shall not be liable to the Company Borrower or any of the Lenders in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds in Euros to the account of the Company or any Lender, as the case may be, Lender in the Principal Financial Center in the Participating Member State which the Company orBorrower or such Lender, as the case may be, such Lender shall have specified for such purpose. In For the purposes of this paragraph (b)paragraph, “all relevant steps” shall mean means all such steps as may be prescribed from time to time by the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the Euroin Euros.
Appears in 1 contract
Payments by the Administrative Agent Generally. With respect to the payment of any amount denominated in the EuroEuros, the Administrative Agent shall not be liable to the Company Borrower or any of the Lenders in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds (in Euros) to the account of with the Company or any Lender, as the case may be, bank in the Principal Financial Center principal financial center in the Participating Member State which the Company Borrower or, as the case may be, such any Lender shall have specified for such purpose. In this paragraph (be), “all relevant steps” shall mean means all such steps as may be prescribed from time to time by the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the Euro.
Appears in 1 contract
Samples: Loan Agreement (Moodys Corp /De/)
Payments by the Administrative Agent Generally. With respect to the payment of any amount denominated in the Euro, the Administrative Agent shall not be liable to the Company or any of the Lenders in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds to the account of the Company or any Lender, as the case may be, in the Principal Financial Center in the Participating Member State which the Company or, as the case may be, such Lender shall have specified for such purpose. In this paragraph (b), “all relevant steps” shall mean all such steps as may be prescribed from time to time by the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the Euro.. AMENDED AND RESTATED FIVE YEAR CREDIT AGREEMENT
Appears in 1 contract
Samples: Five Year Credit Agreement (Stanley Black & Decker, Inc.)
Payments by the Administrative Agent Generally. With respect to the payment of any amount denominated in the Euro, the Administrative Agent shall not be liable to the Company or any of the Lenders in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds to the account of the Company or any Lender, as the case may be, in the Principal Financial Center in the Participating Member State which the Company or, as the case may be, such Lender shall have specified for such purpose. In this paragraph (b), “"all relevant steps” " shall mean all such steps as may be prescribed from time to time by the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the Euro.
Appears in 1 contract
Samples: Credit Agreement (Stanley Works)
Payments by the Administrative Agent Generally. With respect to ---------------------------------------------- the payment of any amount denominated in the EuroEuros, the Administrative Agent shall not be liable to any of the Company Borrowers or any of the Lenders in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds (in Euros) to the account of the Company any Borrower or any Lender, as the case may be, Lender in the Principal Financial Center in the Participating Member State which the Company orsuch Borrower or such Lender, as the case may be, such Lender shall have specified for such purpose. In For the purposes of this paragraph (b)paragraph, “"all relevant steps” shall mean " means all such steps as may be ------------------ prescribed from time to time by the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the Euroin Euros.
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Payments by the Administrative Agent Generally. With respect to ---------------------------------------------- the payment of any amount denominated in the EuroEuros, the Administrative Agent shall not be liable to the Company Borrower or any of the Lenders in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds in Euros to the account of the Company or any Lender, as the case may be, Lender in the Principal Financial Center in the Participating Member State which the Company orBorrower or such Lender, as the case may be, such Lender shall have specified for such purpose. In For the purposes of this paragraph (b)paragraph, “"all relevant steps” shall mean " means all ------------------ such steps as may be prescribed from time to time by the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the Euroin Euros.
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Payments by the Administrative Agent Generally. With respect to the payment of any amount denominated in the EuroEuros, the Administrative Agent shall not be liable to any of the Company Borrowers or any of the Lenders in any way whatsoever for any delay, or the consequences of any delay, in the crediting to any account of any amount required by this Agreement to be paid by the Administrative Agent if the Administrative Agent shall have taken all relevant steps to achieve, on the date required by this Agreement, the payment of such amount in immediately available, freely transferable, cleared funds (in Euros) to the account of the Company any Borrower or any Lender, as the case may be, Lender in the Principal Financial Center in the Participating Member State which the Company orsuch Borrower or such Lender, as the case may be, such Lender shall have specified for such purpose. In For the purposes of this paragraph (b)paragraph, “all relevant steps” shall mean means all such steps as may be prescribed from time to time by the regulations or operating procedures of such clearing or settlement system as the Administrative Agent may from time to time reasonably determine for the purpose of clearing or settling payments of the Euroin Euros.
Appears in 1 contract