Payments to Banks. If a Bank (a "RECOVERING BANK") applies any receipt or recovery from an Obligor to a payment due under this Agreement and such amount is received or recovered other than in accordance with Clause 26 (Payments), then such Recovering Bank shall:
Appears in 3 contracts
Samples: Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Delaware Inc), Credit Agreement (NTL Inc/De/)
Payments to Banks. If a Bank (a "RECOVERING BANKRecovering Bank") applies any receipt or recovery from an Obligor to a payment due under this Agreement and such amount is received or recovered other than in accordance with Clause 26 25 (Payments), then such Recovering Bank shall:
Appears in 1 contract
Samples: Multicurrency Revolving Loan Agreement (Gulfmark Offshore Inc)
