Pro rata interest settlement. 26.5.1 If the Agent has notified the Banks that it is able to distribute interest payments on a “pro rata basis” to Existing Banks and New Banks then (in respect of any transfer pursuant to Clause 26.2 (Transfer by Banks) or a novation pursuant to Clause 26.3 (Procedure for novations) the date on which the transfer or novation effective (the “Transfer Date”) of which, in each case, is after the date of such notification and is not on the last day of a Term):
Appears in 1 contract
Samples: Facility Agreement (British American Tobacco p.l.c.)
Pro rata interest settlement. 26.5.1 If the Agent has notified the Banks that it is able to distribute interest payments on a “pro rata basis” basis to Existing Banks and New Banks then (in respect of any transfer pursuant to Clause 26.2 (Transfer by Banks) or a novation pursuant to Clause 26.3 27.3 (Procedure for novations) the date on Transfer Date of which the transfer or novation effective (the “Transfer Date”) of which, in each case, is after the date of such notification and is not on the last day of a Terman Interest Period):
Appears in 1 contract
Samples: Agreement (Anglogold Ashanti LTD)
Pro rata interest settlement. 26.5.1 If the Agent has notified the Banks that it is able to distribute interest payments on a “pro rata basis” to Existing Banks and New Banks then (in respect of any transfer pursuant to Clause 26.2 (Transfer by Banks) or a novation pursuant to Clause 26.3 (Procedure for novations) the date on which the transfer or novation effective (the “Transfer Date”) of which, in each case, is after the date of such notification and is not on the last day of a TermTerm End Date):
Appears in 1 contract
Samples: Facilities Agreement (British American Tobacco p.l.c.)
Pro rata interest settlement. 26.5.1 If the Agent has notified the Banks that it is able to distribute interest payments on a “"pro rata basis” " to Existing Banks and New Banks then (in respect of any transfer pursuant to Clause 26.2 (Transfer Transfers by Banks) or a novation pursuant to Clause 26.3 (Procedure for novations) the date on which the transfer or novation effective (the “"Transfer Date”") of which, in each case, is after the date of such notification and is not on the last day of a TermTerm End Date):
Appears in 1 contract
Samples: Facility Agreement (British American Tobacco p.l.c.)
Pro rata interest settlement. 26.5.1 If the Agent has notified the Banks that it is able to distribute interest payments on a “pro rata basis” basis to Existing Banks and New Banks then (in respect of any transfer pursuant to Clause 26.2 (Transfer by Banks) or a novation pursuant to Clause 26.3 28.3 (Procedure for novations) the date on Transfer Date of which the transfer or novation effective (the “Transfer Date”) of which, in each case, is after the date of such notification and is not on the last day of a Terman Interest Period):
Appears in 1 contract
Samples: Agreement (Anglogold Ashanti LTD)
