NORMAL ARRANGEMENTS. All payments under this Agreement will be made through the Agent. Each payment, if in Deutsche Mark, ▇▇ll be made to the account of the Agent, as notified by the Agent to the Borrower, if in other currency to such account as the Agent may designate. The Agent will pay on to the Lenders an amount received as soon as the Agent has ascertained that it has been received.
Appears in 2 contracts
Sources: Term Loan Facility (Masco Corp /De/), Dm 350,000,000 Multicurrency Revolving Credit Facility (Masco Corp /De/)