Common use of Payments to Finance Parties Clause in Contracts

Payments to Finance Parties. If a Finance Party (a "RECOVERING FINANCE PARTY") receives or recovers any amount from the Borrower other than in accordance with Clause 12.1 (Payment Mechanics) and applies that amount to a payment due under the Finance Documents then:

Appears in 2 contracts

Samples: Facility Agreement (Sterlite Industries (India) LTD), Term Facilities Agreement (Sterlite Industries (India) LTD)

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Payments to Finance Parties. If a Finance Party (a "RECOVERING FINANCE PARTY") receives or recovers any amount from the Borrower other than in accordance with Clause 12.1 27 (Payment Mechanicsmechanics) and applies that amount to a payment due under the Finance Documents then:

Appears in 2 contracts

Samples: Agreement (Sterlite Industries (India) LTD), Term Loan Facilities Agreement (Sterlite Industries (India) LTD)

Payments to Finance Parties. If a Finance Party (a "RECOVERING FINANCE PARTY") receives or recovers any amount from the Borrower other than in accordance with Clause 12.1 30 (Payment Mechanicsmechanics) and applies that amount to a payment due under the Finance Documents then:

Appears in 2 contracts

Samples: Facility Agreement (Western Wireless Corp), Facility Agreement (Western Wireless Corp)

Payments to Finance Parties. If a Finance Party (a "RECOVERING FINANCE PARTY") receives or recovers any amount from the Borrower other than in accordance with Clause 12.1 28 (Payment Mechanicsmechanics) and applies that amount to a payment due under the Finance Documents then:: 100

Appears in 1 contract

Samples: Credit Agreement (Corporate Property Associates 16 Global Inc)

Payments to Finance Parties. If a Finance Party (a "RECOVERING FINANCE PARTY"Recovering Finance Party) receives or recovers any amount from an the Borrower Company other than in accordance with Clause 12.1 9.2 (Payment MechanicsBy the Company) or Clause 9.5 (Partial payments) and applies that amount to a payment due under the Finance Documents then:

Appears in 1 contract

Samples: Uk Propco Facility Agreement (Toys R Us Inc)

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Payments to Finance Parties. If a Finance Party (a "RECOVERING FINANCE PARTY") receives or recovers any amount from the Borrower other than in accordance with Clause 12.1 31 (Payment Mechanicsmechanics) and applies that amount to a payment due under the Finance Documents then:

Appears in 1 contract

Samples: Agreement (Corporate Property Associates 17 - Global INC)

Payments to Finance Parties. If a Finance Party (a "RECOVERING FINANCE PARTY") receives or recovers any amount from the Borrower other than in accordance with Clause 12.1 28 (Payment Mechanicsmechanics) and applies that amount to a payment due under the Finance Documents then:

Appears in 1 contract

Samples: Credit Agreement (Corporate Property Associates 16 Global Inc)

Payments to Finance Parties. If a Finance Party (a "RECOVERING FINANCE PARTYRecovering Finance Party") receives or recovers any amount from the Borrower Company other than in accordance with Clause 12.1 9.2 (Payment MechanicsBy the Company) or Clause 9.5 (Partial payments) and applies that amount to a payment due under the Finance Documents then:

Appears in 1 contract

Samples: Propco Facility Agreement (Toys R Us Inc)

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