Alternative Arrangements. If the Agent believes that it is, or will be, illegal or impossible for it to pay on to a Lender in accordance with paragraph (A), it agrees to notify the Borrower and that Lender. In this case the Borrower and that Lender may agree alternative arrangements for payments to be made to that Lender. Paragraph (A) will not apply to the extent excluded by those alternative arrangements. That Lender agrees to provide notice of the arrangements to the Agent and will notify the Agent of payments in accordance with Clause 14.1.
Appears in 2 contracts
Sources: Multi Currency Revolving Loan Facility (Polaroid Corp), Loan Amendment Agreement (Crown Castle International Corp)
Alternative Arrangements. If the Agent believes that it is, or will be, illegal or impossible for it to pay on to a Lender in accordance with paragraph (A), it agrees to notify the Borrower Borrower, the Guarantor and that Lender. In this case the Borrower Borrower, the Guarantor and that Lender may agree alternative arrangements for payments to be made to that Lender. Paragraph Paragraph
(A) will not apply to the extent excluded by those alternative arrangements. That Lender agrees to provide notice of the arrangements to the Agent and will notify the Agent of payments in accordance with Clause 14.115.1.
Appears in 1 contract
Sources: Revolving Credit Agreement (Omega Healthcare Investors Inc)
Alternative Arrangements. If the Agent believes that it is, or will be, illegal or impossible for it to pay on to a Lender in accordance with paragraph (A), it agrees to notify the relevant Borrower and that Lender. In this case the Borrower and that Lender may agree alternative arrangements for payments to be made to that Lender. Paragraph (A) will not apply to the extent excluded by those alternative arrangements. That Lender agrees to provide notice of the arrangements to the Agent and will notify the Agent of payments in accordance with Clause 14.117.1.
Appears in 1 contract
Sources: Loan Agreement (Emap PLC)
Alternative Arrangements. If the Agent believes that it is, or will be, illegal or impossible for it to pay on to a Lender in accordance with paragraph (A), it agrees to notify the Borrower and that Lender. In this case the Borrower and that Lender may agree alternative arrangements for payments to be made to that Lender. Paragraph (A) will not apply to the extent excluded by those alternative arrangements. That Lender agrees to provide notice of the arrangements to the Agent and will notify the Agent of payments in accordance with Clause 14.113.1.
Appears in 1 contract
Sources: Loan Amendment Agreement (Crown Castle International Corp)
Alternative Arrangements. If the Agent believes determines that it is, or will be, illegal or impossible for it to pay on to a Lender in accordance with paragraph (Aa), it agrees to notify the Borrower and that Lender. In this case the Borrower and that Lender may agree on alternative arrangements for payments to be made to that Lender. Paragraph Paragraph
(Aa) will not apply to the extent excluded by those alternative arrangements. That The Lender agrees to provide notice of the arrangements to the Agent and will notify the Agent of payments in accordance with Clause 14.1SECTION 15(1).
Appears in 1 contract
Sources: Dm 350,000,000 Multicurrency Revolving Credit Facility (Masco Corp /De/)
Alternative Arrangements. If the Agent believes that it is, or will be, illegal or impossible for it to pay on to a Lender in accordance with paragraph (A), it agrees to notify the Borrower Borrowers' Agent and that LenderLend▇▇. In ▇▇ this case the Borrower Borrowers' Agent and that Lender may Lend▇▇ ▇▇▇ agree alternative arrangements for payments to be made to that Lender. Paragraph (A) will not apply to the extent excluded by those alternative arrangements. That Lender agrees Lend▇▇ ▇▇▇ees to provide notice of the arrangements to the Agent and will notify the Agent of payments in accordance with Clause 14.1.
Appears in 1 contract
Sources: Loan Agreement (SCH Holdings Corp)