Common use of Payments to the Lender Clause in Contracts

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available for value on the due date at the time and in such funds 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 that country of that currency with such bank as the Lender specifies.

Appears in 2 contracts

Samples: Facility Agreement (Pacific Alliance Group LTD), Facility Agreement (Sun Wise (UK) Co., LTD)

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Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender (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 Lender 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 that the country of that currency and with such bank as the Lender Lender, in each case, specifies.

Appears in 2 contracts

Samples: Pre Export Financing Agreement (Sigma Lithium Corp), Facility Agreement (VNG LTD)

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender (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 Lender 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 that country of that currency with such bank as the Lender specifies.

Appears in 2 contracts

Samples: Term Facility Agreement (Grindrod Shipping Holdings Ltd.), Term Facility Agreement (Grindrod Shipping Holdings Ltd.)

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance DocumentDocument (other than the Offtake Agreement), that Obligor shall make the same available to the Lender (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 Lender 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 that country of that currency with such bank as the Lender specifiesspecifies from time to time.

Appears in 1 contract

Samples: Senior Facilities Agreement (Asanko Gold Inc.)

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender (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 Lender 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 that the country of that currency with such bank as the Lender specifies.

Appears in 1 contract

Samples: Facility Agreement (Cheng Zheng)

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender for value on the due date at the time and in such funds specified by the Lender 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 that country of that currency with such bank as the Lender specifies.

Appears in 1 contract

Samples: Senior Secured Revolving Loan Facility Agreement (DHT Holdings, Inc.)

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Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender (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 Lender 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 that country of that currency and with such bank as the Lender Lender, in each case, specifies.

Appears in 1 contract

Samples: Loan Agreement (Melco Crown Entertainment LTD)

Payments to the Lender. (a) On each date on which an Obligor is required to make a payment under a Finance Document, that Obligor shall make the same available to the Lender (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 Lender 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 at the principal financial centre city of that country of that currency the Lender with such bank as the Lender specifies.

Appears in 1 contract

Samples: Facility Agreement (Oil States International, Inc)

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

Appears in 1 contract

Samples: Facility Agreement

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