Payments to the Agent. On each date on which the Borrower or a Lender is required to make a payment under a Finance Document, the Borrower or that Lender shall make the same available to the Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds and to such account with such bank as the Agent shall specify from time to time.
Appears in 5 contracts
Samples: Standby Letter of Credit Facility (HCC Insurance Holdings Inc/De/), Standby Letter of Credit Facility (HCC Insurance Holdings Inc/De/), $90,000,000 Standby Letter of Credit Facility (HCC Insurance Holdings Inc/De/)
Payments to the Agent. On each date on which the Borrower Company or a Lender is required to make a payment under a Finance Document, the Borrower Company or that Lender shall make the same available to the Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds and to such account with such bank as specified by the Agent shall specify from as being customary at the time to timefor settlement of transactions in the relevant currency in the place of payment.
Appears in 1 contract
Samples: Standby Letter of Credit Facility Agreement (Montpelier Re Holdings LTD)
Payments to the Agent. On each date on which the a Borrower or a Lender is required to make a payment under a Finance Document, the that Borrower or that Lender shall make the same available to the Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds and to such account with such bank as specified by the Agent shall specify from as being customary at the time to timefor settlement of transactions in the relevant currency in the place of payment.
Appears in 1 contract
Payments to the Agent. On each date on which the Borrower Company or a Lender is required to make a payment under a Finance Document, the Borrower Company or that Lender shall make the same available to the Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds and to such account with such bank as specified by the Agent shall specify from as being customary at the time to timefor settlement of transactions in the relevant currency in the place of payment.
Appears in 1 contract
Samples: Super Senior Revolving Facility Agreement (Eagle Bulk Shipping Inc.)