Common use of Payments to the Facility Agent Clause in Contracts

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 a principal financial centre in a Participating Member State or London with such bank as the Facility Agent specifies.

Appears in 5 contracts

Samples: Senior Facilities Agreement (Liberty Global PLC), Super Senior Facilities Agreement (Liberty Global PLC), Senior Facilities Agreement (Liberty Global PLC)

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Payments to the Facility Agent. (a) On each date on which an Obligor the Borrower or a Lender is required to make a payment under a Finance Document Document, the Borrower or 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 a the principal financial centre in a Participating Member State or London of the country of that currency with such bank as the Facility Agent specifies.

Appears in 5 contracts

Samples: Term Loan Facility Agreement (China Security & Surveillance Technology, Inc.), Term Loan Facility Agreement (China Security & Surveillance Technology, Inc.), Term Loan Facility Agreement (China Security & Surveillance Technology, Inc.)

Payments to the Facility Agent. (a) On each date on which an Obligor the Borrower or a Lender is required to make a payment under a Finance Document that Obligor Document, 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. (b) Payment shall be made to such account in a the principal financial centre in a Participating Member State or London of the country of that currency with such bank as the Facility Agent specifies.

Appears in 3 contracts

Samples: Facility Agreement (Hoegh LNG Partners LP), Bridge Facility Agreement (Visteon Corp), Senior Facilities Agreement (Net 1 Ueps Technologies Inc)

Payments to the Facility Agent. (a) On each date on which an Obligor Party or a Lender is required to make a payment under a Finance Document 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. (b) Payment shall be made to such account in a the principal financial centre in a Participating Member State or London of the country of that currency with such bank as the Facility Agent specifies.

Appears in 2 contracts

Samples: Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS 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 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 in a the principal financial centre in a Participating Member State or London of the country of that currency with such bank as the Facility Agent specifies.

Appears in 1 contract

Samples: Term Loan Facility (Ardmore Shipping Corp)

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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 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. (b) Payment shall be made to such account in a principal financial centre in a Participating Member State or London with such bank as the Facility Agent specifies.

Appears in 1 contract

Samples: Facility Agreement (Atlas Investissement)

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.. 151 63529049_1 (b) Payment shall be made to such account in a principal financial centre in a Participating Member State or London with such bank as the Facility Agent specifies.

Appears in 1 contract

Samples: Additional Facility Accession Agreement (Liberty Global PLC)

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