Common use of Payments to the Facility Agent Clause in Contracts

Payments to the Facility Agent. On each date on which an Obligor or a Lender is required to make a payment under a Finance Document, that Obligor or Lender shall make the same available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 19 contracts

Samples: Revolving Credit Facility Agreement (Kosmos Energy Ltd.), Borrowing Base Facility Agreement (Aegean Marine Petroleum Network Inc.), Revolving Credit Facility Agreement (Kosmos Energy Ltd.)

AutoNDA by SimpleDocs

Payments to the Facility Agent. On each date on which an a Transaction Obligor or a Lender is required to make a payment under a Finance Document, that Transaction Obligor or Lender shall make the same an amount equal to such payment available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 11 contracts

Samples: Term Loan Facility (Okeanis Eco Tankers Corp.), Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Payments to the Facility Agent. On each date on which an Obligor or a Lender is required to make a payment under a Finance Document, that Obligor or Lender shall make the same an amount equal to such payment available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 9 contracts

Samples: Loan Agreement (Ardmore Shipping Corp), Term Loan Facility Agreement (Castor Maritime Inc.), Term Loan Facility (Grindrod Shipping Holdings Ltd.)

Payments to the Facility Agent. (a) On each date on which an Obligor or a Lender is required to make a payment under a Finance Document, that Obligor or Lender shall make the same available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account in the principal financial centre of the country of that currency with such bank as the Facility Agent specifies.

Appears in 9 contracts

Samples: Amendment and Restatement Agreement (Hanover Insurance Group, Inc.), Term and Revolving Facilities Agreement (ShangPharma Corp), Debt Bridge Facility Agreement (Xstrata PLC)

Payments to the Facility Agent. On each date on which an Obligor the Company or a Lender is required to make a payment under a Finance Document, that Obligor the Company or Lender shall make the same available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 5 contracts

Samples: Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp), Term Loan Facility Agreement (Danaos Corp)

Payments to the Facility Agent. On each date on which an Obligor the Borrower or a Lender is required to make a payment under a Finance Document, that Obligor the Borrower or Lender shall make the same available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 3 contracts

Samples: Facility Agreement (Randgold Resources LTD), Facility Agreement (Randgold Resources LTD), Secured Bridge Facility Agreement (Cemex Sab De Cv)

Payments to the Facility Agent. On each date on which an Obligor Party or a Lender is required to make a payment under a Finance Document, that Obligor Party or Lender shall make the same available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 3 contracts

Samples: Term Loan Facility Agreement (GDS Holdings LTD), Term Loan Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD)

Payments to the Facility Agent. On each date on which an Obligor or a Lender is required to make a payment under a Finance DocumentDocument (other than any Hedging Agreement), that Obligor or Lender shall make the same available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 2 contracts

Samples: Loan Agreement (Kosmos Energy Ltd.), Facility Agreement (Vaalco Energy Inc /De/)

Payments to the Facility Agent. (a) On each date on which an Obligor or a Lender is required to make a payment under a Finance Document, that Obligor or Lender shall make the same an amount equal to such payment available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account with such bank as the Facility Agent reasonably specifies.

Appears in 2 contracts

Samples: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.)

Payments to the Facility Agent. On each date on which an Obligor the Borrower or a Facility Lender is required to make a payment under a Finance Financing Document, that Obligor the Borrower or such Facility Lender shall make the same available to the Facility Agent (unless a contrary indication appears in a Finance Financing Document) for value on the due date at the time and in such funds specified by the Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 1 contract

Samples: Facility Agreement (Gold Fields LTD)

Payments to the Facility Agent. On each date on which an Obligor or a Lender is required to make a payment under a Finance Document, that Obligor or Lender (as applicable) shall make the same available to the Facility 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 Facility Agent in writing as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Atlas Investissement)

AutoNDA by SimpleDocs

Payments to the Facility Agent. On each date on which an Obligor the Borrower or a Lender is required to make a payment under a the Finance DocumentDocuments, that Obligor the Borrower or Lender shall make the same available to the Facility Agent (unless a contrary indication appears in a Finance Document) for a given amount’s value on the due date at the time and in such funds as specified by the Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of paymentAgent.

Appears in 1 contract

Samples: Facility Agreement (Commercial Metals Co)

Payments to the Facility Agent. On each date on which an Obligor or a Lender is required to make a payment under a Finance Document, Document that Obligor or Lender shall make the same available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 1 contract

Samples: Mezzanine Facility Agreement (NDS Group PLC)

Payments to the Facility Agent. (a) On each date on which an Obligor or a Lender is required to make a payment under a Finance Document, that Obligor or Lender shall make the same available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment. (b) Payment shall be made to such account with such bank as the Facility Agent specifies.

Appears in 1 contract

Samples: Facility Agreement (Atmel Corp)

Payments to the Facility Agent. On each date on which an a Transaction Obligor or a Lender is required to make a payment under a Finance Document, that Transaction Obligor or Lender shall make the same an amount equal to such payment available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency dollars in the place of payment.

Appears in 1 contract

Samples: Facility Agreement (Scorpio Tankers Inc.)

Payments to the Facility Agent. On each date on which an Obligor a Borrower or a Lender is required to make a payment under a Finance Document, that Obligor Borrower or Lender shall make the same available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 1 contract

Samples: Syndicated Facility Agreement (Equinix Inc)

Payments to the Facility Agent. On each date on which an Obligor or a Lender is required to make a payment under a Finance Document, that Obligor or Lender shall make the same available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency (of such payment) in the place of payment.

Appears in 1 contract

Samples: Deed of Amendment Agreement (RISE Education Cayman LTD)

Payments to the Facility Agent. On each date on which an Obligor or a Lender is required to make a payment under a Finance Document, that Obligor (subject to Clause 28.10 (Payments to the Security Agent)) or Lender shall make the same available to the Facility 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 Facility Agent as being customary at the time for settlement of transactions in the relevant currency in the place of payment.

Appears in 1 contract

Samples: Facility Agreement (First Solar, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!