Common use of Alternative Payment Arrangements Clause in Contracts

Alternative Payment Arrangements. If, at any time, it shall become impracticable (by reason of any action of any governmental authority or any change in law or any similar event) for any or all of the Obligors to make any payments in the manner specified in Clause 20.3 (Payments to the Issuer), then the relevant Obligor(s) may agree with the Issuer (or the Cash Manager on its behalf) alternative arrangements for such payments to be made, provided that, in the absence of any such agreement, the relevant Obligor(s) shall be obliged to make all payments due to the Issuer in the manner specified herein.

Alternative Payment Arrangements. If, at any time, it shall become impracticable (by reason of any action of any governmental authority or any change in law or any similar event) for any or all of the Obligors Obligor to make any payments in the manner specified in Clause 20.3 6.3 (Payments to the Issuer), then the relevant Obligor(s) such Obligor may agree with the Issuer (or the Cash Manager on its behalf) Note Trustee alternative arrangements for such payments to be made, provided that, in the absence of any such agreement, the relevant Obligor(s) such Obligor shall be obliged to make all payments due to the Issuer in the manner specified herein.