Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party other than in accordance with Clause 29 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 7 contracts
Samples: Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 clause 35 (Payment Mechanicsmechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 4 contracts
Samples: Amendment and Restatement Agreement (Hafnia LTD), Loan Agreement (Hafnia LTD), Amendment and Restatement Agreement (Hafnia LTD)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party Transaction Obligor other than in accordance with Clause 29 34 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 4 contracts
Samples: Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 34 (Payment Mechanics) (a "Recovered Amount"mechanics) and applies that amount to a payment due under the Finance Documents then:
Appears in 3 contracts
Samples: Amendment and Restatement Agreement (Cascal N.V.), Amendment and Restatement Agreement (Cascal N.V.), Facility Agreement (Cascal B.V.)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 clause 36 (Payment Mechanicsmechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 3 contracts
Samples: Facility Agreement (Cool Co Ltd.), Facility Agreement (Cool Co Ltd.), Facility Agreement (Globus Maritime LTD)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 30 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 3 contracts
Samples: Revolving Credit Facility Agreement (Sibanye Stillwater LTD), Supplemental Agreement (Iridium Communications Inc.), Common Terms Agreement (Net 1 Ueps Technologies Inc)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 33 (Payment Mechanicsmechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 2 contracts
Samples: Facility Agreement (Northstar Realty Finance Corp.), Facility Agreement (NorthStar Healthcare Income, Inc.)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 32 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 2 contracts
Samples: Facilities Agreement (New Frontier Public Holding Ltd.), Facilities Agreement (New Frontier Health Corp)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 36 (Payment Mechanicsmechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 2 contracts
Samples: Note Subscription Agreement (CorpAcq Group PLC), Note Subscription Agreement (CorpAcq Group PLC)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party the Parent or any Obligor other than in accordance with Clause 29 33 (Payment Mechanics) (a "Recovered Amount"Payments) and applies that amount to a payment due under the Finance Documents then:
Appears in 2 contracts
Samples: Senior Facilities Agreement (Virgin Media Investment Holdings LTD), Senior Facilities Agreement (Virgin Media Inc.)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 31 (Payment Mechanics) (a "“Recovered Amount"”) and applies that amount to a payment due under the Finance Documents Documents, then:
Appears in 2 contracts
Samples: Unsecured NGN Term Facility Agreement (IHS Holding LTD), Unsecured NGN Revolving Credit Facility Agreement (IHS Holding LTD)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party other than in accordance with Clause 29 28 (Payment Mechanics) (a "“Recovered Amount"”) and applies that amount to a payment due under the Finance Documents then:
Appears in 2 contracts
Samples: Loan Agreement (Safe Bulkers, Inc.), Amending and Restating Agreement (Safe Bulkers, Inc.)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 31 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 2 contracts
Samples: Senior Facility Agreement (Lesaka Technologies Inc), Common Terms Agreement (Net 1 Ueps Technologies Inc)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party Transaction Obligor other than in accordance with Clause 29 33 (Payment Mechanics) (a "“Recovered Amount"”) and applies that amount to a payment due to it under the Finance Documents then:
Appears in 2 contracts
Samples: Term Loan Facility (Okeanis Eco Tankers Corp.), Facility Agreement (Scorpio Tankers Inc.)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 37 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the a Finance Documents Document then:
Appears in 1 contract
Samples: Amendment and Restatement Agreement (IHS Holding LTD)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 28 (Payment Mechanics) (a "“Recovered Amount"”) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Facility Agreement (OI S.A. - In Judicial Reorganization)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 31 (Payment Mechanicsmechanics) or Clause 33 (Application of Proceeds) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Amendment and Restatement Agreement (Alliance Data Systems Corp)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party other than in accordance with Clause 29 28 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Loan Agreement (Safe Bulkers, Inc.)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 30 (Payment Mechanics) (a "Recovered Amount"mechanics) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 31 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 clause 26 (Payment Mechanicsmechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party other than in accordance with Clause 29 28 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:: (a) the Recovering Finance Party shall, within three Business Days, notify details of the receipt or recovery, to the Agent;
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers (including any combination of accounts or set off) any amount from a Security Party an Obligor other than in accordance with Clause 29 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Senior Loan Note Subscription Agreement (Tritium DCFC LTD)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party the Obligor other than in accordance with Clause 29 30 (Payment Mechanics) (a "“Recovered Amount"”) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 39 (Payment Mechanics) (a "“Recovered Amount"”) and applies that amount to a payment due to it under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from or in respect of a Security Party Total Transaction Obligor (an “Applicable Obligor”) other than in accordance with Clause 29 31 (Payment Mechanicsmechanics) (a "“Recovered Amount"”) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Deed of Amendment Agreement (RISE Education Cayman LTD)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from an Obligor (including following a Security Party set-off) other than in accordance with Clause 29 32 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Letter of Credit Facility Agreement (Flowserve Corp)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 31 (Payment Mechanicsmechanics) or otherwise receives or recovers more than the amount to which it is entitled under the Finance Documents (a "“Recovered Amount"”) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 33 (Payment Mechanics) (a "Recovered Amount"mechanics) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 36 (Payment Mechanicsmechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Loan Agreement (Dorian LPG Ltd.)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 clause 34 (Payment Mechanicsmechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Facility Agreement (Aegean Marine Petroleum Network Inc.)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 31 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 31 (Payment Mechanics) (a "Recovered Amount"mechanics) and applies that amount to a payment due under the Finance Documents then:: 129
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 33 (Payment Mechanicsmechanics) or Clause 31.3 (Hedging Banks) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Borrowing Base Facility Agreement (Transglobe Energy Corp)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 28 (Payment Mechanics) (a "Recovered Amount"mechanics) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Amendment Agreement (Promotora De Informaciones Sa /Fi)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 30 (Payment Mechanicsmechanics) (a "“Recovered Amount"”) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 31 (Payment Mechanics) (a "Recovered Amount"mechanics) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party Transaction Obligor other than in accordance with Clause 29 33 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due to it under the Finance Documents then:
Appears in 1 contract
Samples: Facility Agreement (Taylor Maritime Investments LTD)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 27 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Bridge Finance Documents then:
Appears in 1 contract
Samples: Bridge Facility Agreement (Nordic Telephone CO ApS)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 32 (Payment Mechanics) (a "Recovered Amount"mechanics) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Senior Facilities Agreement (Sirona Dental Systems, Inc.)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance PartyRECOVERING FINANCE PARTY") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 clause 30 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Facilities Agreement (Navios Maritime Holdings Inc.)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount in relation to payments arising hereunder or in accordance with the provisions of the relevant Finance Document or Facility Agreement to which that Finance Document relates from a Security Party Group Company (a Recovered Amount) other than in accordance with Clause 29 clause 39 (Payment Mechanicsmechanics) (or receives or recovers such amount in breach of a "Recovered Amount") provision of this Agreement and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 26 (Payment Mechanics) (a "Recovered Amount"Payments) and applies that amount to a payment due under the Senior Finance Documents Documents, then:
Appears in 1 contract
Samples: Fleet Financing Facility Agreement (Avis Budget Group, Inc.)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor or the Parent Guarantor other than in accordance with Clause 29 (Payment Mechanicsmechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Senior Secured Bridge Facility Agreement (Ugi Corp /Pa/)
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 31 (Payment Mechanics) (a "Recovered Amount"mechanics) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Second Supplemental Facility Agreement (Paradigm Ltd.)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) other than the Security Agent or the Joint & Several Creditor receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 27 (Payment Mechanicsmechanics) (a "“Recovered Amount"”) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 33 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Common Terms Agreement (Net 1 Ueps Technologies Inc)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party Transaction Obligor other than in accordance with Clause 29 34 (Payment Mechanics) (a "“Recovered Amount"”) and applies that amount to a payment due to it under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 29 (Payment Mechanicsmechanics) (a "“Recovered Amount"”) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party an Obligor other than in accordance with Clause 29 (Payment Mechanics) (a "Recovered Amount"mechanics) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Samples: Facilities Agreement (Analex Corp)
Payments to Finance Parties. If a Finance Party (a "“Recovering Finance Party"”) receives or recovers any amount from a Security Party the Borrower other than in accordance with Clause 29 27 (Payment Mechanics) (a "Recovered Amount"mechanics) and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract
Payments to Finance Parties. If a Finance Party (a "Recovering Finance Party") receives or recovers any amount from a Security Party other than in accordance with Clause 29 30 (Payment Mechanics) (a "Recovered Amount") and applies that amount to a payment due under the Finance Documents then:
Appears in 1 contract