Payments by the Lenders. All sums to be advanced by the Lenders to the Borrower under this Agreement shall be remitted in Dollars on the date of the Advance to the account of the Facility Agent at such bank as the Facility Agent may have notified to the Lenders and shall be paid by the Facility Agent on such date in like funds as are received by the Facility Agent to the account specified in the relevant Drawdown Notice.
Appears in 3 contracts
Samples: Credit Loan Facility Agreement (Smedvig Asa), Third Supplemental Agreement to the Usd600,000,000 Reducing and Revolving Credit Loan Facility (Smedvig Asa), Loan Agreement (Smedvig Asa)
Payments by the Lenders. All sums to be advanced by the Lenders to the Borrower under this Agreement shall be remitted in Dollars on the date of the Advance Drawdown Date to the account of the Facility Agent at such bank Lender as the Facility Agent may have notified to the Lenders and shall be paid by the Facility Agent on such date in like funds as are received by the Facility Agent to the account specified in the relevant Drawdown Notice.
Appears in 2 contracts
Samples: Facilities Agreement, Loan Agreement (Golar LNG Partners LP)
Payments by the Lenders. All sums to be advanced by the Lenders to the a Borrower under this Agreement shall be remitted in Dollars or the relevant Optional Currency on the date of the Advance relevant Drawdown Date to the account of the Facility Agent at such bank as the Facility Agent may have notified to the Lenders and shall be paid by the Facility Agent on such date in like funds as are received by the Facility Agent to the account of the Borrower specified in the relevant Drawdown Notice.
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