Payments by the Facility Agent Sample Clauses

Payments by the Facility Agent. 31.2.1 Save as otherwise provided herein, each payment received by the Facility Agent pursuant to Clause 31.1 (Payments to the Facility Agent) shall:
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Payments by the Facility Agent. Unless allocated to a specific Lender pursuant to the terms of this Agreement, all amounts received by the Facility Agent on behalf of the Lenders shall be paid by the Facility Agent to each Lender in accordance with each such Lender’s Pro Rata Share, as applicable, or if there are no Advances Outstanding, in accordance with the most recent Commitments of the Lenders, as applicable, on the Business Day such amounts are received by the Facility Agent, unless such amounts are received after 2:00 p.m. on such Business Day, in which case the Facility Agent shall use its reasonable efforts to pay such amounts to each Lender on such Business Day, but, in any event, shall pay such amounts to each such Lender not later than the following Business Day.
Payments by the Facility Agent. In relation to the payment of any amount denominated in the euro or in a national currency unit, the Facility Agent shall not be liable to any Obligor or any Bank 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 Facility Agent if the Facility 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 in the principal financial centre in the participating member state which the relevant Obligor or, as the case may be, any Bank shall have specified for such purpose. In this Clause 11.13, "all relevant steps" 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 Agent may from time to time determine for the purpose of clearing or settling payments of the euro.
Payments by the Facility Agent. Save as otherwise provided in this Agreement, each payment received by the Facility Agent for the account of another person (including the Lender) pursuant to clause 14.1 (Payments by the Borrower) or clause 14.2 (Payments by the Lender) will be made available by the Facility Agent to such other person for value the same day by transfer to such account of such person with such bank in the principal financial centre of the country of the currency of such payment as such person may have previously notified to the Facility Agent.
Payments by the Facility Agent. In relation to the payment of any amount denominated in the euro or in a national currency unit, the Facility Agent shall not be liable to the Obligor or any Bank in any way whatsoever for any delay, or the consequences resulting in any delay, in the crediting to any account of any amount required by this Agreement be paid by the Facility Agent if the Facility Agent shall have
Payments by the Facility Agent. Save as otherwise provided herein, each payment received by the Facility Agent for the account of another person pursuant to Clause 19.1 (Payments to the Facility Agent) shall:
Payments by the Facility Agent. The Facility Agent shall not be liable to the Borrower or any of the Banks 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 Facility Agent if the Facility 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 with the Bank in the principal financial centre in the Participating Member State which any Borrower or, as the case may be, any Bank shall have specified for such purpose. In this clause 8.12(e) "all relevant steps" 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 Facility Agent may from time to time after consultation with the Primary Borrower and the Banks determine for the purpose of clearing or settling payments of the Euro.
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Payments by the Facility Agent. 26.3.1 Save as otherwise provided herein, each payment received by the Facility Agent pursuant to Clause 26.2 (PAYMENTS TO THE FACILITY AGENT) shall:

Related to Payments by the Facility Agent

  • Payments by the Borrower The Borrower shall make each payment required to be made by it hereunder (whether of principal, interest, fees or reimbursement of LC Disbursements, or of amounts payable under Section 5.01, Section 5.02, Section 5.03 or otherwise) prior to 12:00 noon, New York City time, on the date when due, in immediately available funds, without defense, deduction, recoupment, set-off or counterclaim. Fees, once paid, shall be fully earned and shall not be refundable under any circumstances. Any amounts received after such time on any date may, in the discretion of the Administrative Agent, be deemed to have been received on the next succeeding Business Day for purposes of calculating interest thereon. All such payments shall be made to the Administrative Agent at its offices specified in Section 12.01, except payments to be made directly to the Issuing Bank as expressly provided herein and except that payments pursuant to Section 5.01, Section 5.02, Section 5.03 and Section 12.03 shall be made directly to the Persons entitled thereto. The Administrative Agent shall distribute any such payments received by it for the account of any other Person to the appropriate recipient promptly following receipt thereof. If any payment hereunder shall be due on a day that is not a Business Day, the date for payment shall be extended to the next succeeding Business Day, and, in the case of any payment accruing interest, interest thereon shall be payable for the period of such extension. All payments hereunder shall be made in dollars.

  • Distributions by the Agent Each payment received by the Agent under the Finance Documents for another Party shall, subject to Clause 29.3 (Distributions to a Security Party) and Clause 29.4 (Clawback and pre-funding) be made available by the Agent as soon as practicable after receipt to the Party entitled to receive payment in accordance with this Agreement (in the case of a Lender, for the account of its Facility Office), to such account as that Party may notify to the Agent by not less than five Business Days' notice with a bank specified by that Party in the principal financial centre of the country of that currency.

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