Common use of Sums received by the Borrower Clause in Contracts

Sums received by the Borrower. If the Borrower receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security Agent, that sum shall promptly be paid to the Security Agent for application in accordance with this Clause.

Appears in 2 contracts

Samples: Senior Secured Facility Agreement (Aluminum Corp of China), Facility Agreement (Aluminum Corp of China)

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Sums received by the Borrower. If the Borrower receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security Agent, that sum shall promptly be paid to the Security Agent for application in accordance with this ClauseClause 26.

Appears in 1 contract

Samples: Facility Agreement (Golden Meditech Holdings LTD)

Sums received by the Borrower. If the Borrower receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security Agent, that sum shall promptly be paid to the Security Agent for application in accordance with this ClauseClause 29.

Appears in 1 contract

Samples: Senior Facilities Agreement (Net 1 Ueps Technologies Inc)

Sums received by the Borrower. If the Borrower receives any sum which, pursuant to any of the Finance Documents, should have been paid to the Security Agent, that sum shall promptly be paid to the Security Agent for application in accordance with this ClauseClause 28.

Appears in 1 contract

Samples: Bridge Facility Agreement (Visteon Corp)

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Sums received by the Borrower. If any of the Borrower receives any sum which, pursuant to in accordance with any of the Finance Documents, should have been paid to the Security Agent, that sum shall promptly be paid to the Security Agent for application in accordance with this ClauseClause 29.

Appears in 1 contract

Samples: Senior Facility Agreement (Spansion Inc.)

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