Common use of Payments to the Agents Clause in Contracts

Payments to the Agents. (a) For the purpose of this Clause 28 a reference to the “Relevant Agent” means: (i) in relation to payments under the Swingline Facility, (in relation to Euro Swingline Advances) the Euro Swingline Agent and (in relation to Dollar Swingline Advances) the Dollar Swingline Agent; and (ii) for all other payments, the Facility Agent. (b) On each date on which an Obligor or a Lender is required to make a payment under a Finance Document, that Obligor or, as the case may be, such Lender shall make the same available to the Relevant Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Relevant Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (c) Payment shall be made to such account in the principal financial centre of the country of that currency (or, in relation to euro, in a principal financial centre in a Participating Member State or London) with such bank as the Relevant Agent specifies.

Payments to the Agents. (a) For the purpose of this Clause 28 29 a reference to the “Relevant Agent” means: (i) in relation to payments under the Dollar Swingline Facility, the Dollar Swingline Agent; (ii) in relation to Euro Swingline Advances) payments under the Euro Swingline Agent and (in relation to Dollar Swingline Advances) Facility, the Dollar Euro Swingline Agent; and (iiiii) for all other payments, the Facility Agent. (b) On each date on which an Obligor a Borrower or a Lender is required to make a payment under a Finance Document, that Obligor such Borrower or, as the case may be, such Lender shall make the same available to the Relevant Agent (unless a contrary indication appears in a Finance Document) for value on the due date at the time and in such funds specified by the Relevant Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (c) Payment shall be made to such account in the principal financial centre of the country of that currency (or, in relation to euroEuro, in a principal financial centre in a Participating Member State or London) with such bank as the Relevant Agent specifies.