Payments to the Agent. All payments by the Obligors or a Lender under the Finance Documents, including but not limited to repayments, interests, guarantee premiums and fees, shall be made: (a) to the Agent to its account with such office or bank as the Agent may from time to time designate in writing to the relevant Obligor or a Lender for this purpose; and (b) for value on the due date at such times and in such funds as the Agent may specify to the Party concerned as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
Appears in 10 contracts
Samples: Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement (Seadrill Partners LLC), Term Loan and Revolving Credit Facilities Agreement (Seadrill Partners LLC)
Payments to the Agent. All payments by the Obligors Borrower or a Lender under the Finance Documents, including but not limited to repayments, interests, guarantee premiums and fees, Documents shall be made:
(a) to the Agent to its account with such office or bank as the Agent may from time to time designate in writing to the relevant Obligor Borrower or a Lender for this purpose; and
(b) for value on the due date at such times and in such funds as the Agent may specify to the Party concerned as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
Appears in 4 contracts
Samples: Multi Currency Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Multi Currency Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Long Term Facility Agreement (General Geophysics Co)
Payments to the Agent. All payments by the Obligors or a Lender under the Finance Documents, including but not limited to repayments, interests, guarantee premiums and fees, shall be made:
(a) to the Agent to its account with such office or bank as the Agent may from time to time designate in writing to the relevant Obligor or a Lender for this purpose; and
and (b) for value on the due date at such times and in such funds as the Agent may specify to the Party concerned as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
Appears in 1 contract
Samples: Senior Secured Credit Facility Agreement (Seadrill Partners LLC)
Payments to the Agent. All payments by the Obligors Borrowers or a Lender under the Finance Documents, including but not limited to repayments, interests, guarantee premiums and fees, Documents shall be made:
(a) to the Agent to its account with such office or bank as the Agent may from time to time designate in writing to the relevant Obligor Borrowers or a Lender for this purpose; and
(b) for value on the due date at such times and in such funds as the Agent may specify to the Party concerned as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
Appears in 1 contract
Payments to the Agent. All payments by the Obligors or a Lender Borrower under the Finance DocumentsAgreement shall, including but not limited to repaymentsunless otherwise expressly stated, interests, guarantee premiums and fees, shall be made:
(a) to the Agent to its account with such office or bank as the Agent may from time to time designate in writing to the relevant Obligor Borrower or a Lender Finance Party for this purpose; and
(b) for value on the due date at such times and in such funds as the Agent may specify to the Finance Party or Borrower concerned as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
Appears in 1 contract
Samples: Second Supplemental Agreement (KNOT Offshore Partners LP)
Payments to the Agent. All payments by the Obligors Borrower or a Lender under the Finance Documents, including but not limited to repayments, interests, guarantee premiums and fees, Documents shall be made:
(a) to the Agent to its account with such office or bank as the Agent may from time to time designate in writing to the relevant Obligor Borrower or a Lender for this purpose; , and
(b) for value on the due date at such times and in such funds as the Agent may specify to the Party concerned as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
Appears in 1 contract
Samples: Revolving Credit Facility Agreement (Nordic American Tanker Shipping LTD)
Payments to the Agent. All payments by the Obligors Borrower or a Lender under the Finance Documents, including but not limited to repayments, interests, guarantee premiums and fees, Documents shall be made:
(a) to the Agent to its account with such office or bank as the Agent may from time to time designate in writing to the relevant Obligor Borrower or a Lender for this purpose; and
(b) for value on the due date at such times and in such funds as the Agent may specify to the Party concerned as being customary at the time for settlement of transactions in the relevant currency in the place of payment.
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