Common use of Payments to the Facility Agent Clause in Contracts

Payments to the Facility Agent. 30.1.1. On each date on which the Borrower or a Lender is required to make a payment under a Finance 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. 30.1.2. 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 2 contracts

Samples: Term Loan Facility Agreement, Term Loan Facility Agreement (Sibanye Gold LTD)

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Payments to the Facility Agent. 30.1.1. 26.1.1 On each date on which the Borrower an Obligor or a Lender is required to make a payment under a Finance Facility Document, the Borrower that Obligor or Lender shall make the same available to the Facility Agent (unless a contrary indication appears in a Finance Facility 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. 30.1.2. 26.1.2 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 1 contract

Samples: Facility Agreement (Genesis Lease LTD)

Payments to the Facility Agent. 30.1.1. (a) 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 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. 30.1.2. (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 1 contract

Samples: Facility Agreement (Equinix Inc)

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Payments to the Facility Agent. 30.1.1. (a) On each date on which the Borrower or a Lender Finance Party is required to make a payment under a Finance Document, the Borrower or Lender Finance Party 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. 30.1.2. (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 1 contract

Samples: $300,000,000 Ekn Supported Facility Agreement (Mobile Telesystems Ojsc)

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