Common use of Sharing Clause in Contracts

Sharing. 24.1 Payments to Banks If a Bank (a "Recovering Bank") applies any receipt or recovery from an Obligor to a payment due under this Agreement and such amount is received or recovered other than in accordance with Clause 22 (Payments), then such Recovering Bank shall:

Appears in 3 contracts

Samples: Charge Agreement (Ace LTD), Charge Agreement (Ace LTD), Ace LTD

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Sharing. 24.1 Payments to Banks 30.1 PAYMENTS TO BANKS If a Bank (a "Recovering BankRECOVERING BANK") applies any receipt or recovery from an Obligor to a payment due under this Agreement and such amount is received or recovered other than in accordance with Clause 22 28 (PaymentsPAYMENTS), then such Recovering Bank shall:

Appears in 2 contracts

Samples: Credit Agreement (United Surgical Partners International Inc), Credit Agreement (United Surgical Partners International Inc)

Sharing. 24.1 32.1 Payments to Banks If a Bank (a "Recovering Bank") applies any receipt or recovery from an Obligor to a payment due under this Agreement and such amount is received or recovered other than in accordance with Clause 22 30 (Payments), then such Recovering Bank shall:

Appears in 2 contracts

Samples: Execution (Dyckerhoff Aktiengesellschaft), NTL Inc

Sharing. 24.1 Payments to Banks 32.1 PAYMENTS TO BANKS If a Bank (a "Recovering BankRECOVERING BANK") applies any receipt or recovery from an Obligor to a payment due under this Agreement and such amount is received or recovered other than in accordance with Clause 22 30 (PaymentsPAYMENTS), then such Recovering Bank shall:

Appears in 2 contracts

Samples: Agreement (Koninklijke Numico Nv), Agreement (Sanitec International Sa)

Sharing. 24.1 25.1 Payments to Banks If a Bank (a "Recovering Bank") applies any receipt or recovery from an Obligor to a payment due under this Agreement and such amount is received or recovered other than in accordance with Clause 22 23 (Payments), then such Recovering Bank shall:

Appears in 2 contracts

Samples: Original Agreement (Ace LTD), Imc Global Inc

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Sharing. 24.1 Payments to Banks 30.1 PAYMENTS TO BANKS If a Bank (a "Recovering BankRECOVERING BANK") applies any receipt or recovery from an Obligor to a payment due under this Agreement and such amount is received or recovered other than in accordance with Clause 22 28 (Payments), then such Recovering Bank shall:

Appears in 1 contract

Samples: Credit Agreement (Transworld Healthcare Inc)

Sharing. 24.1 Payments to Banks 28.1 PAYMENTS TO BANKS If a Bank (a "Recovering BankRECOVERING BANK") applies any receipt or recovery from an Obligor to a payment due under this Agreement and such amount is received or recovered other than in accordance with Clause 22 26 (PaymentsPAYMENTS), then such Recovering Bank shall:

Appears in 1 contract

Samples: Credit Agreement (United Pan Europe Communications Nv)

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